Bitcoin down 18% and bounced back to $42k, will BTC/USD recover to $50k?
The Bitcoin price, on May 19, plunged by over 20 percent, at some point crashing below $30k, sending the flagship cryptocurrency to a three-month low.
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Bitcoin, altcoins, or blockchain, can bring significant changes in the crypto market, so it is very important to be informed about what is happening in the sector.
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What is Happening to Bitcoin and Cryptocurrency Market?
Bitcoin, the world’s largest crypto asset by market cap, is down nearly 40% since hitting a record of just under $65,000 in mid-April. With this Bitcoin plunge, the overall cryptocurrency market is in a downtrend.
Stellar Development Foundation Published Details About Protocol 17 Improvements
A new Stellar protocol upgrade is on the way, and SDF published details about the improvements this upgrade will bring to the blockchain. The community will
A New Community-Driven NFT Platform DoinGud is Launching this Summer
With the recent hype in the NFT market, new NFT projects are rolling out at a pace. A new community-driven NFT platform DoinGud has announced its launch in the summer of 2021.
Chinese Digital Asset Custodian Cobo Adds Support for Tezos (XTZ)
Chinese digital asset custodian Cobo has added support for Tezos coin Tez (XTZ) in its digital asset custody platform to expand its product offerings for its institutional clients.
Tron’s Justin Sun Buys 4K Bitcoin [BTC], 54K Ethereum [ETH] After Crash
Above all, you would hardly expect Tron Founder to come to the rescue. Well not literally. He was one of the many who bought the dip
National Bank of Egypt Connects to LuLu International Exchange Through RippleNet
Ripple announced another strategic achievement for RippleNet that includes two financial institutions connecting through the service. National Bank of Egypt and LuLu International Exchange are the
Nervos Foundation Launches a $50M Blockchain Fund With CMB International
CMB International announced a joint $50M blockchain fund with the collaboration of Nervos Foundation. The new fund is named InNervation that focuses on helping new teams
![Bitcoin's [BTC] Dive To $30K Triggers Outage In Crypto Exchanges](https://crypto-economy.com//wp-content/uploads/2021/05/elena-mozhvilo-nhYK4qIv9Pg-unsplash-e1621446006141.jpg)
Bitcoin’s [BTC] Dive To $30K Triggers Outage In Crypto Exchanges
Bitcoin [BTC] dropped as low as $30k on the 19th of May. The dive deeper into the bearish hole brought misery to not the coins which
Ethereum on the Ledge, will ETH/USD see a Deeper Correction to $2.6k?
For Ethereum traders, it has been a terrible five days. After the rout of last weekend, sell pressure continues to mount despite what the future holds.
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