BTC unexpectedly fell below $47,000, dropping roughly 16% in the last 24 hours. This is the most significant one-day loss in Bitcoin price since May 15, when the cryptocurrency briefly crashed under $33,000. In particular, the market price of Bitcoin plummeted from a week-long support level of $57,206 to $42,268 before returning to its present trading price at $47,846 down, 15.43% in the last 24 hours and 13.30% over the previous seven days....

Speaking to Kitco News, Chambers suggested that before rebounding, the asset might hit lows of $10,000. He stated that the current cycle results from the halving process where he expects the asset to enter into a ‘winter season’ when the price will stall. According to Chambers, the ‘bitcoin winter’ will occur despite institutional investors heavily putting money into the asset. However, Chambers blasted institutions over their timing of bitcoin investment stating they are cowards coupled with the fear of missing out:...

The company received approval from the Securities Exchange Commission, and its common stock will begin trading under the ticker “BTCS” at the open markets on Tuesday. The company hopes the listing will set the ground for further expansion into different blockchain products. Ahead of the listing, BTCS had earlier revealed that it had implemented a reverse split of its issued and outstanding common stock at a ratio of 1-for-10 shares....

After the news of the AAL purchase broke, James Marques, Associate Aerospace, Defense, and Security Analyst at GlobalData, a leading data, and analytics company, shared his views on the future of supersonic air travel on August 19. He also added: Engineering challenges Supersonic flights will face numerous engineering challenges as engine efficiency, and noise pollution have yet to be fully addressed and properly improved. Yet, the Boom has garnered attention and looks promising as the US Air Force is offering $60 million in funding for further development....

Indeed, Brazil might see Bitcoin (BTC) and other cryptocurrencies adopted as a payment method in the near future after a Congressman introduced a bill recognizing them as such on June 10. Specifically, Federal Deputy Paulo Martins presented a detailed legislative proposal to the members of Brazil’s National Congress, which would complement the country’s existing law, adding Item 14 of the Article 835, with suggested wording that defines crypto: According to Martins, the legislative proposal is based on the proposals made in the Tax Law by specialists with extensive academic experience and within the scope of the Center for Tax Studies of the Brazilian higher education institution Fundação Getulio Vargas (FGV) – its São Paulo law school branch, and the discussions in the project “Administrative, Judicial and Tax Enforcement of the 21st century....

One of them is the Berkshire Hathaway (NYSE: BRK.A) vice chairman and long-time Warren Buffett collaborator Charlie Munger, who reiterated his aversion toward cryptocurrencies in an interview with the Australian Financial Review published on July 12. Discussing his investment tips in the interview, Munger said that investors should “never touch” crypto, but instead look beyond the inflation spike, as well as support both fossil fuels and renewable energy. Explaining his reasoning, he said that:...

Despite the selloff, Canaan stock price is still up 115% in the last month, thanks to bitcoin price appreciation of more than 160% this year. Canaan stock price selloff represents an attractive entry point for investors who strongly believe in bitcoin adoption. This is because analysts from prominent firms like Citi hinted that the digital coin is poised to trade above $300K next year. Fundamentals look strong despite Q3 loss The third quarter revenue of Bitcoin mining device maker came in at $24 million while loss per share stood around $0....

Before the suspension, a total of more than $9 million in donations had been made to the campaign. However, the fundraising site included an “Under Review” disclaimer, which stated: Since then, GoFundMe has announced that they would not be distributing the remaining $9 million to the Freedom Convoy 2022 campaign as, apparently, it has violated its terms, stating the “peaceful demonstration has become an occupation” now. GoFundMe added that all donors may submit a request for a full refund until February 19, 2022, with the remaining funds sent to “established charities verified by GoFundMe....

Indeed, the team has submitted an updated proposal to hardfork the Cardano testnet and commence the countdown for the Vasil mainnet upgrade, as well as achieved “good chain density to proceed safely,” Input Output said in a series of tweets published on June 28. Specifically, the team explained that the chain density was accomplished thanks to more than 75% of testnet blocks being created by the new Vasil node (1....

According to data provided by on-chain data platform Santiment, out of the top 20 publicly visible cryptocurrency projects’ development activities on Github, Cardano, Kusama, and Polkadot are recognized as the top projects with the most development activity in 2021. Indeed, Cardano is slightly ahead of both Kusama and Polkadot in terms of overall development activity in the past year. The platform tracks development data from thousands of public Github repositories, with the exception of “non-developer events”, such as commit comments, individuals following an issue, release downloads, and others to avoid inflated data....

The bank’s deputy governor T. Rabi Sankar stated that private cryptocurrencies have the potential to be utilised for undesirable uses despite being backed by advanced technology, the Indian Times reported on June 3. Sankar’s stance on private cryptocurrencies adds to the Indian government’s objection to cryptocurrencies ahead of a plan to unveil a consultation paper on digital assets. Crypto players dismiss RBI However, players in the crypto sector have dismissed the RBI’s stance about CBDCs and private digital assets....

As well as conventional assets such as equities, the company intends to extend its operations into the emerging area of Decentralised Finance (DeFi), reports Finance Feeds. In addition to Fitbit creator James Park and Twitch founder Kevin Lin, the fintech company has received support from a number of well-known technology entrepreneurs and investors, including Naval Ravikant, who is an investor in the fund. Co-founder of Coinrule, Gabriele Musella, commented on Coinrule joining the YCombinator S21 cohort:...

After the price of Bitcoin (BTC) fell below the critical support level of $20,000 in June, crypto traders and investors were left wondering where the bottom is as downward pressure continued to be exerted on the flagship digital currency. This resulted in a crisis that is currently engulfing the entire digital asset sector on a global scale, and in turn, has impacted not just retail investors, as data acquired by Finbold indicates that almost 70% of Bitcoin millionaires were wiped in H1 2022....

As things stand, the CoinMarketCap crypto community, with a historical accuracy rate of 70%, is projecting that the meme token will trade at an average of $0.00003789 by the end of April 2022 with 34,614 votes. In particular, the estimated price indicates a $0.00001128 (+42.41%) increase from the DeFi asset’s current value. Meanwhile, the votes of 21,848 community members for the end of May established a slightly lower target than April’s, predicting that SHIB will trade at $0....

As of March 17, Solana is currently down -66%, since reaching its all-time high on November 6, 2021, as per on-chain data provided by Santiment indicates. Nevertheless, the crypto analytics firm notes Solana continues to have an impressive rate of development from its team, showing a concerted effort to enhance the DeFi asset. However, the cryptocurrency community at CoinMarketCap is showing a lot of optimism for the price of the token as it has predicted that Solana will trade at $157....

In particular, the market had lost around $230 billion in the first week of 2022, falling from $2.25 trillion on December 31, 2021, to $1.9 trillion on January 7, 2022. The total global crypto market cap presently stands at $1.9 trillion, a 2.87% decrease in the last 24 hours. Notably, the whole crypto market volume over the previous 24 hours has decreased by 4.54 % to $87.7 billion; however, the volume in DeFi has increased by 17....

However, Bitcoin has slightly corrected, and the focus is on the next price action for the flagship cryptocurrency, having traded at $23,060 by press time, a drop of 1% in the last 24 hours. In this line, crypto trading expert Ali Martinez in a tweet posted on August 10, has stated that for the asset to rally, it needs to sustain a buying pressure that can propel it to about $23,500, while the market should also focus on a support level of $23,890....

Around $9 billion has returned to cryptocurrency markets since Sunday when a sharp decline sent total market capitalization to a five day low. The move has resulted in a return to $277 billion in the total cap as Bitcoin flirts with five figures once again. The king of crypto faced heavy resistance last week in the mid-$10k range, which it failed to overcome. This sent things south and fears of a major selloff started to seep into market sentiment....

One common question when using iMessage is whether the recipient can have an iMessage delivered when their phone is dead. What does it take for an iMessage to get delivered? With iMessage, you can send individual or group messages, and this guide explains what happens when the recipient’s phone is dead. We will understand how iMessage works and what it takes for an iMessage to get delivered. Further, we will discuss what happens when an iMessage gets sent to a dead phone....

In particular, as of October 4, Dogecoin recorded 85 whale transactions involving at least $100,000 while maintaining its position as the tenth largest cryptocurrency by market cap, on-chain data by Santiment indicates. At the same time, the excitement among whales was reflected in the asset’s price, which at some point on October 4 surged by 9% within a day. By press time, the asset was trading at $0.064, gaining almost 6% in the last 24 hours....