“In the past year, almost every legacy international news outlet said that because of our ‘Bitcoin bet,’ El Salvador was going to default on its debt by January 2023 (since we had an 800 million dollar bond maturing today),” Bukele said. “Literally hundreds of articles,” he added, before posting a number of them. Source 800MBondBukeleMaturingNayibPaysPresidentSalvador CryptoX Portal
Avalanche moved to a multi-month high on Jan. 24, after reports that the number of bitcoin on its network rose to 5,493. The news saw the token surge by nearly 5% today, rising for a third straight session in the process. Polygon also moved higher on Tuesday, hitting a one-week high. Avalanche (AVAX) Avalanche (AVAX) rose to a multi-month high on Tuesday, as prices rallied for a third consecutive session against a backdrop of bullish news. Following a low of $17.43 to start the week, AVAX/USD moved to an intraday…
Bitcoin (BTC) traded sideways at the Jan. 24 Wall Street open with analysts at a loss over where price would go next. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price holds below key resistance Data from Cointelegraph Markets Pro and TradingView tracked a day of consolidation for BTC/USD, which continued to linger near $23,000. The pair saw little reaction to the start of trading, including technical problems at the New York Stock Exchange, while United States macroeconomic data also failed to change the status quo. Bitcoin thus lacked direction…
Santa Monica, California-based Wilshire, which has $79 billion in assets under management according to its website, has developed more than 70 digital asset indexes, classifying over 1,300 digital assets, since it first ventured into the industry in 2020. Source
The company said in a press release that expanding into Polygon will help it “focus on user acquisition and provide the blockchain tooling and financial infrastructure necessary to spur successful game development.” Its F Studio product suite will now offer a Polygon-based launchpad, marketplace, tournaments, developer SDK, game launcher and sign-in with Fractal service. Source
Solana (SOL) is on hyperdrive as the network quickly gains momentum in terms of liquidity which are seen at more than 300% as of press time. Following a sweeping price decline, Solana has turned the tide with metrics with flying colors. Here’s a quick glance at SOL performance of late: SOL metrics and trustworthiness score looking positive Solana’s TVL seen to jump higher Solana rolls out Saga Pass Cards There is sizeable growth seen both in terms of NFT with the rollout of the Saga Pass Cards and market cap.…
Satoshi Nakamoto is the pseudonym used by the creator(s) of Bitcoin, whose true identity remains unknown. The name was used to author the original Bitcoin (BTC) white paper in 2008 and to create and deploy the first Bitcoin software in 2009. Nakamoto’s true identity has never been revealed, and they have remained an enigma in the world of cryptocurrency. They are estimated to have mined around 1 million BTC in the early days of the network, which would make them one of the wealthiest people in the world. Some believe…
A Washington, D.C., townhome tied to FTX co-founder Sam Bankman-Fried has been listed on the market for roughly $3.28 million. The property was purchased by Bankman-Fried’s brother’s nonprofit, Guarding Against Pandemics, for the same price it is selling for today. FTX Co-Founder’s Luxury Property Suspected to Have Been Used for Wining and Dining Political Elite in the Name of ‘Pandemic Prevention’ According to the New York Post reporter Mary K. Jacob, a four-bedroom Washington townhome associated with the disgraced FTX co-founder Sam Bankman-Fried (SBF), is now listed on the market.…
Ether’s (ETH) rally versus Bitcoin (BTC) is not only showing signs of exhaustion, but is also in danger of breaking below a key technical support level. ETH slides vs. BTC in second half of January The ETH/BTC pair declined nearly 9.25% on Jan. 24 from its local top of 0.0779 BTC established on Jan. 11. Since the start of the year, Bitcoin is slightly outpacing Ether in USD terms, rising 38% versus 35%, respectively. ETH/BTC daily candle price chart. Source: TradingView Interestingly, Ether’s pullback versus Bitcoin has landed its price…
Tech giants including Meta Platforms, Amazon, and Apple are also being grilled for their acquisition of smaller rivals in a bid to squash out competition. The United States Department of Justice (DoJ) is reportedly finalizing plans to file a new lawsuit against Google and its parent company, Alphabet Inc (NASDAQ: GOOGL). The news was first reported by Bloomberg which said the suit is on track to be filed as early as this week according to anonymous sources close to the probes. The regulator is allegedly digging into the tech giant’s…