It's the latest sign of turmoil in the cryptocurrency industry amid wider turbulence in financial markets.
As cryptocurrencies and related technologies reach into politics, intertwine with the larger economy and impact the environment, everyone could use a sense of what they are and how they work.
The price of bitcoin fell below $20,000 for the first time since late 2020 on Saturday, in a fresh sign that the selloff inBitcoin, the most popular cryptocurrency, fell below the psychologically important threshold, dropping as much as 9% to less than $19,000, according to CoinDesk. The last time bitcoin was at this level was November 2020, when it was on its way up to its all-time high of nearly $69,000.MADRID, SPAIN - 2022/06/17: A store offering numerous cryptocurrency electronic cash such as Bitcoin and Ethereum ATM machine in Spain.
Ethereum, another widely followed cryptocurrency that's been sliding in recent weeks, took a similar tumble on Saturday.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Crypto Biz: Crypto carnage pushes Celsius, Three Arrows Capital closer to insolvency, June 9-16Celsius and Three Arrows Capital creep closer to possible insolvency. Is there light at the end of this tunnel?
Baca lebih lajut »
Organizer of Binance-Sponsored Crypto Tour Says Campaign Was Successful – Featured Bitcoin News'The CBN directive of Feb. 5th, 2021 came as a shock to a lot of people, and it affected a lot of crypto businesses, and for individual investors, it made it difficult to convert crypto.' cbn
Baca lebih lajut »
Crypto Payments Possible if They Don’t Penetrate Russia’s Financial System, Central Bank Says – Regulation Bitcoin NewsCryptocurrencies can be used for international payments if they don’t penetrate Russia's financial system, the head of Bank of Russia says.
Baca lebih lajut »
Kazakhstan Allows Registered Crypto Exchanges to Open Accounts at Local Banks – Exchanges Bitcoin NewsKazakhstan has approved rules that will govern interactions between authorized coin trading platforms and traditional financial institutions.
Baca lebih lajut »
Coinbase layoffs: Crypto dumping employees as Bitcoin, Ethereum crashThe downward slide of cryptocurrency over the last couple of months has sent skittish investors into retreat mode, erased nearly $2 trillion in value from the overall market and is now trashing the employment rolls of digital currency exchanges.
Baca lebih lajut »
Bill Presented in Brazil Seeks to Include Crypto as Approved Means of Payment – Regulation Bitcoin NewsThis crypto bill, which was presented by Federal Deputy Paulo Martins, proposes to make cryptocurrency supported as a means of payment by changing existing laws, including the civil procedure code.
Baca lebih lajut »