PayPal Notches Largest Bitcoin Volume For The First Time In Months

PayPal Notches Largest Bitcoin Volume For The First Time In Months

PayPal has recorded its biggest BTC volume since May in the wake of the asset setting a new all-time high. Information is sparse whether or not the reason for the spike is a result of accumulation or due to retail traders taking profits. PayPal unveiled the service that allowed customers to buy, hold and sell […]

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Post-Bitcoin’s Mild Drop, El Salvador’s Bukele Reveals Excitement For A Larger Bitcoin Dip

Why Bitcoin Is Unlikely To Ever Experience Another March-Like 50% Price Drop

Key Takeaways  President Nayib Bukele is unfazed by Bitcoin’s price dip to $60k. Bukele teases need for lower lows in a bid to tap into perfect entry point.  El Salvador shows no sign of disposing its Bitcoin holdings in the long term. The president of El Salvador is showing himself to be unshaken by Bitcoin’s […]

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This Is Why Bitcoin Flash Crashed By 87% To $8,000 On Binance.US

This Is Why Bitcoin Flash Crashed By 87% To $8,000 On Binance.US

Earlier today, the bitcoin price temporarily dove from $65,820 to a meager $8K on Binance.US, losing some mind-boggling 87% in value before making up those losses in the span of a single minute. Bitcoin Flash Crashes To $8K On Binance.US Bitcoin endured a violent correction on Thursday, but only for Binance’s exclusive United States cryptocurrency […]

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Bitcoin Wrecks Gold Market As Investors Pull Over $40 Billion From The Biggest Gold Exchange Traded Fund

Bitcoin Has Apparently Sucked Away Only 2% Of Gold’s Market Capitalization So Far

Gold-exchange traded funds (ETFs) have been on a downward spiral for the better part of this year, with all the best-performing ones losing by up to 6% in annual return on investment. Gold ETFs have lost over $40.8 billion worth of investment this year in what seems like a loss of interest in gold to […]

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Large Bitcoin Whales Are In Decline While Little Whales Flex Their Muscles

Whales Are “Gobbling Up” Bitcoin Even With The Recent Market Slump

The number of accounts holding 10,000 BTC or less has dropped to its lowest ebb in 8 years. On the bright side, the number of addresses that own between 100-1,000 BTC has gained momentum in recent days. Several reasons are responsible for this trend including El Salvador’s Bitcoin adoption and the swirling news about the […]

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