31 March, 2021 Bitcoin’s price is moving towards the $60K level as PayPal announced to accept cryptocurrency as a medium of exchange at its millions
The latest mining data has shown that Bitcoin miners have shifted their direction from selling to accumulating Bitcoins in the midst of a shortage of BTC supply on exchanges today.
The strength of the dollar is weighing on Bitcoin’s price. However, international experts believe that the rise of the cryptocurrency price is only a matter of time.
Cardano (ADA) is actually performing the most in the corrective phase of the crypto market, although the price of ADA still has a long way to go to beat the record highs against Bitcoin.
Bitcoin’s price surge in recent months has caused the number of multi-million dollar crypto accounts to quadruple in just 3 months.
We have just experienced a horrible Bitcoin correction over the past two days as BTC fell 23% from the $ 58,000 to $ 44,800 zone. But then, Bitcoin has rebounded to over $ 50,000 in just 22 hours.
Bitfinex-Tether- NYAG
The Bitcoin boom is giving a big gift to Silvergate Capital, a bank in California that accepts cryptocurrency deposits and Bitcoin loans.
MoneyGram announced it would no longer use Ripple’s XRP-based liquidity product due to the current legal “uncertainty” of the company.
MasterCard has confirmed plans to rope in payments via cryptocurrencies within this year. According to a post via www.financemagnates.com, they are in tune with cryptocurrencies