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President of El Salvador announces purchase of US$ 100 million in bitcoin after asset's decline
The president of El Salvador Nayib Bukele announced last Monday, 17, that the country invested an additional US$ 100 million in bitcoin amid the sharp decline of the asset. In total, the nation purchased more than 1,000 units of the cryptocurrency, even with the intense devaluation in recent days. With the new purchase, the country now has nearly 7,500 units of the cryptocurrency, which is used as a reserve of value by the government. "Bukele adopted a strategy of buying 1 unit of the asset per day"
Failed broker Mt. Gox moves R$ 5 billion in bitcoin and generates fear in the market
The failed cryptocurrency broker Mt. Gox made a new movement of bitcoin units this week. In total, the exchange transferred US$ 956 million (R$ 5 billion, at the current exchange rate) in units
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ā $YGG is gaming token offering super Mega Compaign on Binance , A total share of 833,333 $YGG to community by doing simple tasks nothing else. The top 100 participants will receive $583.3 worth of YGG tokens with current price of YGG token is $0.104 . ā Few tasks must be complete to participate in this compaign. š§ Write about YGG token with minimum 100 words using YGG token hashtags. š§ Follow YGG token on X social platform & write also minimum 100 words on X platform. š§ Just trade minimum $10 both on spot & future to participate. š§ Convert $10 into YGG token to be eligible. š Rewards will be distributed after 14 days the end of this compaign. About Project! Yield Guild Games (YGG) is a decentralized autonomous organization (DAO) for investing in non fungible tokens (NFTs) used in virtual worlds and blockchain based games. ā āš¤ YGG token all time high price is $11.4 in 2021 Altcoins season. so will ygg token regain this price? What do you think about? ā āā ļø Disclaimer! āThis just educational purpose only so always do your own research before any investment in crypto market because crypto market is inherited risky highly volatile.
XRP is a cryptocurrency created in 2012 by Ryan Fugger, Chris Larsen, and Jed McCaleb. XRP is a crypto asset that runs within the digital payment platform, RippleNet. The platform is a real-time gross settlement system (RTGS) that aims to enable concurrent and instantaneous transactions worldwide. However, the platform accepts other crypto assets as a form of payment, but XRP is its native currency. The proposal of XRP, unlike other cryptocurrencies, is to accelerate financial transactions based on various accepted collateral as guarantees, among the accepted assets are several that range from other crypto assets to bank guarantees. This fact makes the crypto asset possess characteristics of seeking viability for financial transactions instantly without bureaucracy, in a decentralized manner and at a low cost. The currency is native to Ripple, which is a distributed payment protocol, therefore, due to the ease of accepting various assets, it is one of the platforms that tends to get closer to traditional financial institutions, differentiating itself from its crypto asset peers. In summary, its creators stated the following during the launch of the platform: āRipple connects banks, payment providers, digital asset exchanges, and businesses through RippleNet to provide a frictionless experience for sending money globally.ā $XRP
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Bitcoin succumbs to pressure and gives back gains as the crypto market stalls.
Bitcoin extended its losses on Tuesday, November 15th, giving back some of the modest gains registered earlier in the week. In a market dominated by risk aversion sentiment, the world's largest cryptocurrency failed to hold above the $106,000 level, falling under selling pressure amid mixed macroeconomic signals and persistent concerns. Even progress on an agreement to end the long US government shutdown, a factor that usually boosts risk assets, offered limited impetus to the digital asset sector.
Around 5:00 PM (Brasilia time), Bitcoin was trading at 103,255.1, registering a drop of -2.19% on the day. Major altcoins followed BTC's downward movement, with Ethereum quoted at 3,462.94 after a decline of -2.30%, and XRP showing a devaluation of -4.75%, trading at 2.4183. The data, provided by Binance, illustrates the widespread weakness in the market, with the liquidation of over $400 million in leveraged positions in the last 24 hours, according to Coinglass. $BNB $BTC
XRP was trading at $2.2331 on Friday at 09:41 (12:41 GMT) according to the Investing.com Index, a 10.01% drop in the last 24 hours. This is the biggest daily fall since October 10th. Investor pessimism cut XRP's total market capitalization to $134.9603 billion, representing 4.20% of the total cryptocurrency market capitalization. At its all-time high, XRP's market capitalization reached $210.6006 billion. In the last 24 hours, XRP traded between $2.2331 and $2.3367. The digital currency's trading volume during the same period was $7.7597 billion, or 3.15% of the total volume of all cryptocurrencies, as of the last update of this article. Over the past seven days, XRP has shown an increase in value, rising 3.81%. The digital currency traded between US$2.2324 and US$2.5797 during this period. At its current price, XRP is still 38.91% below its all-time high of US$3.66 reached on July 18. #cryptouniverseofficial $XRP
China accuses the USA of orchestrating the theft of US$ 13 billion in Bitcoin
China's cybersecurity agency has accused the American government of stealing approximately US$ 13 billion in Bitcoin, representing the latest attempt by China to attribute major cyberattacks to the United States.
The accusation pertains to the theft of 127,272 Bitcoin tokens from the LuBian Bitcoin mining pool in December 2020, one of the largest cryptocurrency thefts in history. According to the Chinese National Computer Virus Emergency Response Center, the attack was likely a "state-level hacker operation" led by the USA..... $BTC
$BTC Bitcoin has resumed trading under strong selling pressure this Wednesday, November 12, falling below the psychological level of US$ 101 thousand. The sentiment in the crypto market is tense, marked by a heightened aversion to risk due to the imminent release of the crucial Consumer Price Index (CPI) report from the USA, scheduled for Thursday. This data is seen as the main macroeconomic catalyst of the week, as it is expected to shape expectations regarding the interest rate policy of the Federal Reserve and, consequently, global liquidity for risk assets like Bitcoin.
Approaching 4:30 PM (BrasĆlia time), Bitcoin was trading at 100,981.0, recording a depreciation of -2.08% on the day. The decline did not spare altcoins, with Ethereum priced at 3,374.48 after a drop of -2.38%, and Solana feeling the pressure with a decline of -3.87%, trading at 151,554. The numbers, collected from Binance, highlight the widespread weakness, with some reports of aggressive selling by large institutional players and trading desks, although on-chain analysts also indicate accumulation at lower levels. #InvestingInsights #BTC
Ethereum was trading this Friday at $3,114.64 at 01:39 (04:39 GMT) according to the Investing.com Index, a drop of 10.59% in the last 24 hours. This is the largest daily drop since October 10.
The bad mood of investors cut the total market capitalization of Ethereum to $382.39B, which represents 11.63% of the total market capitalization of the cryptocurrency market. At its all-time high, the market capitalization of Ethereum reached $583.89B.
In the last 24 hours, Ethereum was sold between $3,114.64 and $3,251.49. The trading volume of the digital currency in the same period was $49.03B, or 22.43% of the total volume of all cryptocurrencies, up to the last update of this article.
In the last seven days, Ethereum showed a loss in its value and lost 4.73%. The digital currency was traded between $3,114.6428 and $3,657.3743 during this period.
At its current price, Ethereum is still 37.15% below its all-time high of $4,955.90 reached on August 24.
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