After dipping below an exchange price of $5,700 on March 23, Bitcoin experienced an immediate rebound just as Wall Street entered its after-hours trading period. Major benchmarks such as the Down Jones Industrial Average and the S&P 500 posted dismal numbers as the United States Congress could…
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99Crypto
MakerDAO Got a Lot of Funds Through Its Recent Auction
There have been accusations floating around that the Maker Foundation decided to place all winning bids into its debt auctions that happened recently. As expected, MakerDAO (MKR) has stringently denied the allegations despite the chatter happening amongst the public. Cointelegraph got a hold of a statement made by the Maker…
Senator Loeffler Faces Intense Criticism Over Her Pre-COVID-19 Stock Selloff
Senator Kelly Loeffler, a Georgia Republican, recently appeared on Fox News to defend her January 24, 2020 purge and grab of over a million dollars in equities that just happened to be aligned with the coronavirus pandemic that would soon shake the world. And, the favorable shakeup of her assets…
COVID-19 Pandemic Sends Huge Aftershocks to the Cryptocurrency Trading Values
When Wall Street's closing bell rang on March 20, 2020, Bitcoin's price showed a sharp correction. It pulled back to less than $6,000 just 24 hours after hitting a seven-day high of $6,900. The nearly $1,000 drop from $6,670 to $5,670…
Why Is Crypotocurrency and Blockchain Technology So Popular These Days?
An increase in the adoption of cryptocurrency in light of the COVID-19 pandemic has lead to Banco Stella of Italy to set up a Bitcoin trading service. The trading is available through the bank's Hype platform. The bank acts as the intermediary in order to mitigate against any…
All About Akoin Crypto Network
Rapper Akon shared his plans for a new Akoin crypto network in am exclusive interview with Cointelegraph. Akoin is a cryptocurrency which uses a network for users who want to exchange cryptocurrencies, fiat currencies and prepaid mobile minutes. Africa's economy contains so many currencies and people just don&…