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Bitcoin slips below $46K as correction deepens; institutions keep accumulating


Bitcoin slips below $46K as correction deepens; institutions keep accumulating
After failing to reclaim the $50,000 level, BTC faces renewed selling pressure in the short term. However, short-term headwinds don’t negate the bull market.
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Market Analysis
Bitcoin (BTC) price slipped below $46,000 on Sunday for the second time in four days, raising the specter of a deeper short-term correction for the flagship digital currency.
Bitcoin fell to a session low of $45,127.01, according to TradingView, before staging a modest recovery to around $45,400. The largest cryptocurrency by market capitalization is down 5% on the day and over 20% in the last seven days. ....

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Overview of Worldwide Crypto-Adoption (2021)


7 April 2021, 11:06 am EDT By
 
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Cryptocurrencies are more and more popular every day. Nothing compared to traditional financial systems yet, but something to really appreciate in such a few years - 12 years since Bitcoin creation. Crypto-adoption is exploding worldwide, and we have good reasons for it.
For starting, cryptocurrencies are generally faster and cheaper than fiat money. They have no borders, so, they re perfect to make cheap remittances, no matter the place. Censorship and use-limits are out of the discussion as well, since most cryptos are decentralized (no controlled by any central entity).
To this, we can add now numerous financial instruments (Decentralized Finances - DeFi) not easily available to the public before. Credits, loans, digital wallets, payments, automatic transactions, tokenized assets, ....

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