El Salvador Has Bought Its First $10 Million of Bitcoin El Salvador has bought $10 million of Bitcoin(BTC), as revealed on the Twitter profile of the country’s president, Nayib Bukele. Bukele stated that the El Salvador government has purchased 200 BTC. The purchase was made in preparation for the country’s plans to make the cryptocurrency…
As markets rise, Solana hits an all-time high at $70+
Because of its transaction speeds and capacity, Solana has gotten a lot of attention. And the price of the DeFi token has surged, crossing $70. It has also flipped Uniswap, which is currently trading at an all-time high. But it isn’t only SOL; other DeFi tokens have performed admirably in recent days as well. Dot…
Altcoins and DeFi sell-off after Bitcoin’s 17.6% correction below $50K
In the early morning trading hours Bitcoin (BTC) price abruptly dropped by 17.65% which triggered a major downturn throughout the entire market. Data from Cointelegraph Markets and TradingView shows that Bitcoin decreased from a high of $58,274 on Feb. 21 to a low of $47,622 during the early hours on Monday before buyers returned to…
Solana announces DeFi hackathon offering $200k in seed funding
Solana has announced an upcoming DeFi hackathon offering $200,000 in seed funding from the Solana Foundation. The hackathon, which is scheduled to take place from Feb. 15 through March 1st, will be hosted in partnership with Sam Bankman-Fried of FTX’s Project Serum. Bankman-Fried will also offer mentorship to hackathon participants alongside Solana CEO Anatoly Takovenko.…