Supreme Court rejects Biden’s plan to forgive $400 billion in student loans
Compared to bitcoin, ethereum lacks scarcity — bitcoin’s supply is capped at 21 million coins — and widespread acceptance by companies and governments. However, unlike bitcoin, ethereum isn’t just a store of value. It also powers an infrastructure on which apps can be built. Other cryptocurrencies are issued on Ethereum, and it serves as the foundation of decentralized finance. Why all crypto going down On Jan. 25, Marathon announced it used $150 million to buy 4,812.66 bitcoin tokens. As a bitcoin mining company, it was already subject to the volatility in its price. But now the stock's value will be even more closely tied to the popular cryptocurrency. Like MicroStrategy, expect Marathon stock to closely track bitcoin's movements.
Cryptos down today
Bitcoin Price (BTC INR) Today
Is Bitcoin.org down for you right now? Submit your comments about Bitcoin.org service status or report an issue below to let others know that they aren't the only ones having trouble. Please note that your country, service provider and browser information will be displayed next to your comment to better analyze a possible outage. Entrepreneur behind chia pet craze dies at 91 There's also simply a lot of mistrust in the crypto market in general. Earlier this year, the crypto luna and its associated "stablecoin" terra collapsed, wiping out billions of dollars. More recently, one of the largest crypto lenders, the Celsius Network, paused withdrawals, swaps and transfers between accounts citing extreme market conditions.