Wednesday, December 4, 2024

Cryptocurrency

Bitcoin Plunged 19% Over Past Week

Bitcoin has stopped plunging and is stabilizing in the $35,000 range, but Bitcoin has plunged 19% over the past week. This is the worst weekly plunge since China banned cryptocurrency (virtual currency) transactions and mining in May 2021. Bitcoin plunged...

Binance Coin Climbs to Third Place in Crypto Market

Binance Coin, issued by Binance, the world's largest cryptocurrency exchange, ranked third in the cryptocurrency market capitalization. Founder Changpeng Zhao has become the world's 12th richest man. As of 8:30 a.mn (GMT+8) on the 17th, Binance Coin was recording $588.091,...

Altcoin Emerged Rapidly as Use of Bitcoin Decreased

Altcoin is rapidly emerging instead of Bitcoin. While the share of Bitcoin's use decreased last year, payments for Ethereum, StableCoin, and other coins such as Dogecoin and Shiba Inu increased. In response to this phenomenon, virtual currency payment processing companies diagnosed...

Crypto Follows to Rise After NYSE Rally

Cryptocurrency (crypto) such as Bitcoin follows to rise at once as the U.S. stock market rally. Bitcoin is recording $42,582.45 on CoinMarketCap, as of 11:30 a.m. on the 12th (GMT+8). About a few hours ago, Bitcoin recorded $43,001, surpassing $43,000. Analysts...

Bitcoin Price Plunges Following Protest in Kazakhstan

Bitcoin prices plunged in the aftermath of massive protests in Kazakhstan, the world's second-largest Bitcoin mining area. According to Reuters and others on the 6th (local time), massive anti-government protests in Kazakhstan once blocked Internet access and disrupted Bitcoin mining....

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