The price of the Terra (LUNA) cryptocurrency has fallen by more than 99 per cent, wiping out the fortunes of crypto investors.Terra, which ranked among the top 10 most valuable cryptocurrencies, dropped below $1 on Wednesday, having peaked close to $120 last month.The majority of the losses were realised overnight, with a 98 per cent…
Bitcoin has crashed. Again. The cryptocurrency is down more than 50 per cent from the all-time high it experienced just six months ago, with investors fearing that the collapse could be even more severe if a key resistance level is breached in the coming days.But whichever way it goes from here in the short term,…
Related video: Is the NFT Market Dying? Four straight days of tumbling prices has seen bitcoin fall to its lowest price since July 2021.The price crash has coincided with a downturn in the broader financial markets, which has rippled across to other leading cryptocurrencies like Ethereum (ETH) and Solana (SOL).The overall crypto market is now…
El Salvador President Nayib Bukele has revealed what the as-yet unbuilt Bitcoin City will look like, saying that its development is “coming along beautifully”.President Bukele posted pictures of a scale model of the crypto-fuelled city, which will be constructed near the Conchagua volcano on the Gulf of Fonseca in the south-east of the Central American…
Related video: Is the NFT Market Dying? Four straight days of tumbling prices has seen bitcoin fall to its lowest price since July 2021.The price crash has coincided with a downturn in the broader financial markets, which has rippled across to other leading cryptocurrencies like Ethereum (ETH) and Solana (SOL).The overall crypto market is now…
Related video: Is the NFT Market Dying? Four straight days of tumbling prices has seen bitcoin fall to its lowest price since July 2021.The price crash has coincided with a downturn in the broader financial markets, which has rippled across to other leading cryptocurrencies like Ethereum (ETH) and Solana (SOL).The overall crypto market is now…
Bitcoin (BTC) has fallen to its lowest level in 2022, down more than 50 per cent from its all-time price high.The cryptocurrency crashed below $33,000 on Monday morning for the first time since July 2021, according to CoinMarketCap’s price index, marking the latest in a severe capitulation from its price peak in November.The price drop…
Cryptocurrency scams claiming to feature advice from Money Saving Expert Martin Lewis have been spreading on Facebook.Numerous adverts have been uploaded to Facebook’s Ad Library claiming that if people invest a small amount of money – between £190 and £250 – they can generate £3400 per month.The scams on Facebook’s ad library (The Independent)The links…
The Central African Republic has followed El Salvador by becoming the second country to adopt bitcoin as an official currency.The CAR, which has a population of 4.83 million, approved BTC as legal tender alongside the existing CFA franc.President Faustin Archange Touadera said in a statement that lawmakers at the National Assembley had unanimously passed a…
The price of bitcoin hit $42,069 on Wednesday, marking a “signature meme event” for the cryptocyrrency.The crypto’s value surged by 2 per cent on 20 April, on a day that has become a celebration of cannabis and meme culture. Combining the 4/20 number with another commonly memed number led to celebrations among crypto advocates across…