According to The Financial Times, social media giant Metawas considering allowing users to build, promote, and trade NFTs on Facebook and Instagram. If the corporation launches such tools, it will be the most visible demonstration of significant support for NFTs so far, helping to cement the controversial assets’ place in the digital world. According to […]
The Colossal crypto sell-off; wipes off $1 trillion since November 2021
The cryptocurrency market hasn’t had a very good year so far in 2022. Bitcoin has lost 16 percent since the beginning of the year, while Ethereum has lost 22 percent. Bitcoin and other coins resumed their downward trend Wednesday, with Bitcoin falling to its lowest level in the previous five months, currently trading at $35,573. […]
$1,211,000,000 in Crypto gets liquidated over 24 hours as Bitcoin slumps below $36,000
Over a billion dollars worth of cryptocurrency has been liquidated in the last 24 hours, according to cryptocurrency futures trading and information platform Coinglass, as Bitcoin (BTC) currently trades below $36,000. As per a report by Coinglass, in the past 24 hours, 367,707 traders were liquidated and the largest single liquidation order happened on Bitmex […]
El Salvador carries out cheapest 410 Bitcoin purchase as prices plummet below $36k
El Salvador, a Central American country, has added 410 Bitcoin (BTC) to its central bank as BTC values fall below $37,000, the lowest point since July 26th, 2021. President Nayib Bukele announced the acquisition of 410 bitcoins for $15 million, setting the exchange rate per bitcoin at roughly $36,585. Bukele believes “some individuals are selling […]