Crypto News Recap: Turkey to Regulate Cryptocurrencies, Markets Re-Enter Positive Zone

Crypto News Recap: Turkey to Regulate Cryptocurrencies, Markets Re-Enter Positive Zone

Here is a brief recap of all major Bitcoin and cryptocurrency news events of the past week. The crypto sphere took another leap forward this week with adoption news from Turkey now interested in regulating cryptocurrencies and other large companies are exploring the Blockchain technology; buying all dips and HODLers keeping their holdings of bitcoin. If the term HODLers is new to you, then our glossary can explain it to you along with other terms. When you own #Bitcoin , everything else get's cheaper over time. Have a low time preference, stack sats and hodl pic. twitter. com/nBhAn8JnGE March is not traders' favorite month. Every single one of them breathed a sigh of relief when Bitcoin hit $50K again and all the good news throughout the week will keep the bullish momentum in the markets. The world's first truly digitalized currency (trading $50, 776 at press time) has rebounded 8. 82% throughout last week. The price experienced volatile movements, but the price recovered as soon as Microstrategy purchased around 328 Bitcoins for $15 million: MicroStrategy has purchased an additional ~205 bitcoins for ~$10. 0 million in cash at an average price of ~$48, 888 per #bitcoin. As of 3/5/2021,