Day: 19 April 2023

How Has Covid-19 Risen Bitcoin’s Price

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[ad_1] When the Covid-19 pandemic hit the globe at the beginning of 2020, many sectors were adversely affected. For instance, the hospitality and airline industries took a dip due to travel restrictions and lockdowns. Bitcoin was also hit in March 2020 by the financial impact of Covid-19. However, the effect was not long-lasting. While gold has been vaunted as the go-to store of value, bitcoin emerged as a serious challenger. The bitcoin price proliferated in the Covid-19 period. The price increased from $5,000 in March 2020 to an all-time high…

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Bitcoin, Ethereum Technical Analysis: BTC Nears Breakout Below $29,000 on Wednesday

Bitcoin fell to a one-week low on Apr. 19, as markets moved into consolidation following a recent bull run. Following today’s red wave, prices neared a breakout below the $29,000 level earlier in the session. Ethereum also declined, falling below $2,000. Bitcoin Bitcoin (BTC) moved lower on Wednesday, as markets began to consolidate following recent gains in price. Following a high of $30,470.30 on Tuesday, BTC/USD dropped to a bottom at the $29,102.17 mark earlier in the day. The low sent bitcoin to its lowest point since April 10, which…

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Breakneck speed of crypto adoption could result in whiplash, warns wallet exec

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[ad_1] Cryptocurrency adoption on a United Kingdom-based payment app is booming in the first quarter of 2021, but whether that trend continues could depend on the actions of Bitcoin (BTC) evangelists like Elon Musk, warns STICPAY director James Bay. The mobile payments app reported a 48% increase in crypto deposits in the first quarter of the year, while fiat deposits remained static. Bitcoin is apparently the currency of choice for most of STICPAY’s e-wallet users, with Bitcoin deposits eclipsing deposits of Ether (ETH), Tether (USDT) and Litecoin (LTC) 38 times…

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How to learn Python with ChatGPT

Learn Python with ChatGPT’s personalized assistance, coding practice and guidance on best practices. Source – cointelegraph.com

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Why Is Bitcoin Down Today? Binance Whale Games And More

The Bitcoin price fell from over $30,000 to a new local low of $29,032 in the early morning hours (4:00 am EST) today. The initial 3.5% price drop happened within just 20 minutes. While the sell-off does not seem to have a fundamental reason, two factors are currently coming into focus for the sudden price drop. These are a massive sale of 16,000 BTC worth around $467 million on Binance and the subsequent cascade of liquidations. The Reasons For The Bitcoin Plunge Analyst @52Skew presumably shared the initial trigger for…

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