The president of El Salvador has announced that the country will build 20 new schools with the profits made from buying bitcoin.President Nayib Bukele made the announcement at an event to mark the beginning of construction of the country’s firs public veterinary hospital, which is also being funded by cryptocurrency profits.Follow The Independent’s live coverage…
The price of Ethereum (ether) has hit a new all-time high amid a resurgent crypto market.The cryptocurrency reached above $4,470 on Tuesday morning, according to CoinMarketCap’s price index, pushing the overall crypto market above $2.7 trillion for the first time in its history.Follow The Independent’s live coverage of the crypto marketEthereum’s price increase has been…
Bitcoin has almost recovered from two flash crashes on Wednesday which wiped hundreds of billions of dollars from the crypto market, and is currently priced at about $62,000. Ethereum (eth) and Solana (sol), which also dropped in value last Wednesday, have recovered since. After hitting a record high of about $4,400 on Friday, ETH slipped…
Bitcoin has almost recovered from two flash crashes on Wednesday which wiped hundreds of billions of dollars from the crypto market, and is currently priced at about $62,000. Ethereum (eth) and Solana (sol), which also dropped in value last Wednesday, have recovered since. ETH hit a record high of about $4,400 on Friday following an…
Although bitcoin has bounced back above $60,000 after two flash crashes on Wednesday wiped hundreds of billions of dollars from the crypto market, the cryptocurrency has slipped in value by about 2.5 per cent over the last two days. Ethereum (eth) and Cardano (ada), which recovered following the Wednesday crashes, have also dropped in their…
A cryptocurrency based on the hit Korean Netflix show Squid Game has grown by over 45,000 per cent since its launch this week.The Squid crypto token, which was trading at about 1.2 cents on Tuesday, is currently priced at more than $4.5, a growth of nearly 45,000 per cent during this period.Inspired by the dystopian…
The value of ether, the second-largest cryptocurrency after bitcoin, rose to record high levels of about $4,400 (about £3,200) on Friday, in line with upgrades and surge in use of the ethereum blockchain network.Currently valued at about $4,350, the cryptocurrency has grown in value by more than 7 per cent in the last 24 hours,…
The price of bitcoin has bounced back above $60,000 on Thursday after two flash crashes on Wednesday wiped hundreds of billions of dollars from the crypto market.Ethereum (eth), Solana (sol), and Cardano (ada) have also recovered following a drop in their values by between 5-15 per cent during the crash. ETH hit a record high…
Bitcoin investors are creating a “supply shock” by stockpiling the cryptocurrency in anticipation that the record-breaking price rally is not yet over, according to a new report.Crypto research firm Kraken Intelligence attributed bitcoin’s recent all-time high to this phenomenon, warning that long-term holders are continuing to accumulate BTC rather than taking profits, thus pushing the…
A bitcoin wallet that has been dormant since the time that the cryptocurrency’s anonymous creator was still active online has suddenly activated.The wallet was last used on 17 May, 2010, less than one year before the pseudonymous Satoshi Nakamoto sent their final emails to fellow crypto developers.Follow The Independent’s live coverage of bitcoin and the…