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The bullish euphoria surrounding Bitcoin’s price action remains strong, as the digital asset gained more than $2,500 in a day
Unable to sustain its extremely rapid upwards trajectory, the largest cryptocurrency, Bitcoin has fallen to lows of $26,500.
Cash App, the Bitcoin-friendly payments app has teamed up with well known American rapper, Megan on a $1 million Bitcoin giveaway.
PayPal and Square are making strong statements on the financial ecosystem of the world's largest economy.
The most sophisticated investors, the smartest people in the room are quietly buying into Bitcoin.
At the time of writing, the flagship crypto traded at $18,520.10 with a 24-hour trading volume of $24.6 billion.
The Canadian investment company recently disclosed it added about 73.9 BTC to its reserves since the middle of 2020.
Square said it invested in cryptos because it saw it as a tool for economic enhancement via participation in the future of payment systems.
Bitcoin whales (entities holding ≥ 1K BTC) has been on an upwards trend for the past months.
The world's flagship crypto is surging higher after weeks of ranging.
Twitter's Jack Dorsey on October 8th disclosed it purchased, 4,709 bitcoins at an estimated worth of $50 million.
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