Bolivia Lifted Crypto Ban To Mitigate Dollar And Fuel Shortage

The post Bolivia Lifted Crypto Ban To Mitigate Dollar And Fuel Shortage appeared first on Coinpedia Fintech News President Luis Arce revealed that the reason behind the lifting of Bolivia’s crypto ban was the dollar and fuel shortages in the country. Notably, he sees cryptocurrencies as a solution to Bolivia’s macroeconomic challenges. On June 26, the Central Bank of Bolivia (BCB) allowed the use of virtual assets through Electronic Payment Instruments (EPI). Edwin …

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Ethereum Price Forecast: $2,500 ETH Looms As Crypto Crash Escalates?

Ethereum Price Forecast: Investors appear worried as a major correction paints price charts in the cryptocurrency market red in July. Collectively, the market has in the last few months tumbled to $2 trillion from $2.8 trillion—a milestone achieved in March. Like most cryptos, Ethereum could not withstand the increasing pressure on the sell side. The The post Ethereum Price Forecast: $2,500 ETH Looms As Crypto Crash Escalates? appeared first on CoinGape .

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Bitcoin Price Supported by Potential Fed Rate Cuts Amid U.S. Employment Data: Analyst Insights

Bitcoin’s price drop could potentially halt due to upcoming employment data from the U.S., according to a prominent analyst. A substantial Bitcoin transfer by the Mt. Gox exchange stirred market panic before addressing creditor repayments. The U.S. economic data release today is anticipated to impact Bitcoin’s price movement significantly. This timely crypto news sheds light

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Breaking: Nonfarm Payroll And Unemployment Data Slows, Bitcoin Recovery Ahead?

Mt. Gox beginning $10 billion in BTC and BCH repayments triggered a panic selloff causing Bitcoin price to briefly fall below $54,000 today. The latest nonfarm payrolls and unemployment data by the U.S. Bureau of Labor Statistics have brought a rebound in BTC price, as the jobs growth slows. It means the U.S. Federal Reserve The post Breaking: Nonfarm Payroll And Unemployment Data Slows, Bitcoin Recovery Ahead? appeared first on CoinGape .

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How Low Can Bitcoin Price Drop in This Crypto Market Crash?

The post How Low Can Bitcoin Price Drop in This Crypto Market Crash? appeared first on Coinpedia Fintech News Bitcoin is experiencing a tough market situation right now. Its price currently remains around $55,000. The fall of BTC below the crucial level of $58,000 created a panic in the entire crypto market. It was unexpected by many. Now, the crucial question that bothers every bitcoin investor is how far this downtrend will pull down …

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Bitcoin (BTC) Repayments Begin for Mt. Gox Creditors, Sparking Market Volatility

The long-anticipated repayments in Bitcoin (BTC) and Bitcoin Cash (BCH) to Mt. Gox creditors have officially commenced. Repayments mark nearly a decade since the collapse of the Mt. Gox crypto exchange. “On July 5, 2024, repayments in Bitcoin and Bitcoin Cash were made to some of the rehabilitation creditors,” announced Rehabilitation Trustee Nobuaki Kobayashi. Mt.

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Notcoin Plummets 14% Amid Market Downturn and Uncertainty Over New Project Direction

Notcoin’s token has dropped 14% today, reflecting a broader market slump. A recent ‘fresh start’ announcement for Notcoin has left fans uncertain about its future. A possible collaboration with The Open Network (TON) NFT project Lost Dogs was hinted at last week. Delve into the latest developments of the Notcoin token, its market performance, and

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Here’s how much Bitcoin Germany has sold so far

Bitcoin (BTC) recently crashed to a four-month low, losing more than 25% from its all-time high of $73,135 reached on … Continue reading The post Here’s how much Bitcoin Germany has sold so far appeared first on Finbold .

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Bitcoin [BTC] Long-Term Holders React as Price Plunges Below $54,000

Bitcoin witnessed significant movement among long-term holders. In the past 24 hours, BTC fell beneath a vital support level. This week has seen Bitcoin lose 9% of its value, with prices briefly dipping under $54,000 before bouncing back to $55,275 at the time of writing. This article delves into Bitcoin’s recent fluctuations, focusing on activities

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Bitcoin And Bitcoin Cash Repayments To Mt. Gox Creditors Officially Begin

The Mt. Gox Rehabilitation Trustee, Nobuaki Kobayashi, announced today that the long-awaited repayments in Bitcoin (BTC) and Bitcoin Cash (BCH) to creditors of the defunct crypto exchange Mt. Gox has officially commenced. This marks a significant milestone in the crypto world, as the repayment process begins to unfold nearly a decade after the platform’s collapse

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