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Has Bitcoin (BTC) officially become El Salvador’s currency? Wikipedia thinks so
Earlier this week, El Salvador announce its plans to make Bitcoin (BTC/USD) a legal tender in the country. Now, it seems the country’s congress has made this plan a reality, as Wikipedia listed the cryptocurrency as one of its official currencies. дальше »
2021-6-10 11:49 | |
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Groundbreaking Bill Giving Bitcoin Legal Tender Status Officially Passed In El Salvador
With 62 votes a few hours ago, the Salvadoran Congress has approved the bill introduced by president Nayib Bukele to adopt bitcoin as the country’s legal tender. As ZyCrypto reported earlier, Bukele announced during the Bitcoin 2021 Miami Conference that he was considering sending a bill to Congress to make the world’s oldest cryptocurrency the […] дальше »
2021-6-10 19:27 | |
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Amid Heavy Selling By Miners, Analysts Brace For Further Bearish Momentum
Activity on the Bitcoin network is beginning to ebb due to lack of clear signs as to the market direction, claims Glassnode, a popular blockchain analytics firm. Despite earlier reports that more whales were accumulating, data shows the demand for Bitcoin and Ethereum has “fallen drastically” in the past week. According to Glassnode, the BTC […] дальше »
2021-6-9 13:03 | |
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Bitcoin is the ‘Least Favorite’ Asset Among CIOs, Reveals Goldman Sachs Survey
As crypto traders and investors spend yet another week in the range, a Goldman Sachs survey reveals Bitcoin is the least favorite investment among chief investment officers. The Goldman strategists said, “We held two CIO round table sessions earlier this week, which were attended by 25 CIOs from various long-only and hedge funds. дальше »
2021-6-7 18:18 | |
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El Salvador Set to Accept Bitcoin as Legal Tender: A Crypto Bull Case?
El Salvador is set to become the first nation to accept Bitcoin as legal tender. In an announcement at the Bitcoin 2021 conference earlier today, El Saldavor’s President Nayib Bukele said that the bill to legitimize the major cryptocurrency as legal tender was well under way. дальше »
2021-6-6 03:31 | |
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Localbitcoins Adds Bitcoin Cash and Other Cryptocurrencies as Payment Methods
Localbitcoins, one of the biggest P2P exchanges in the world, has added Bitcoin Cash and other cryptocurrencies as payment methods to acquire Bitcoin on its platform. This marks a clear departure from the earlier position of the company, which hadn’t added new payment methods and had remained Bitcoin-only for some time. Localbitcoins Adds Bitcoin Cash […] дальше »
2021-6-5 04:30 | |
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Elon Musk’s reputation plummets following his Bitcoin energy attack
Earlier this year, Elon Musk was considered a crypto hero following Tesla’s $1.5 billion Bitcoin buy. The post Elon Musk’s reputation plummets following his Bitcoin energy attack appeared first on CryptoSlate. дальше »
2021-6-4 01:00 | |
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Binance Coin, XRP, Dogecoin Price Analysis: 2 June
Binance Coin has slumped to $388 from the peak of $704 reported earlier in May. This massive price drop was due to a volatility shift in the Bitcoin market. Despite the strong shake-up in price, BNB'sThe post Binance Coin, XRP, Dogecoin Price Analysis: 2 June appeared first on AMBCrypto. дальше »
2021-6-3 03:00 | |
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Crypto bets via Bitcoin, Ethereum, XRP are fueling illegal gambling in Asia
The acceptance of top cryptocurrencies like Bitcoin, Ethereum, and XRP on gambling sites are part of the reason why illegal online gambling is rising in Asia, a report from the Asian Racing Federation (ARF) said earlier this week. дальше »
2021-6-3 10:08 | |
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Marathon’s Mining Pool, Marapool, to Signal for Taproot in a Change of Heart
The bitcoin mining company, Marathon, is switching its ‘controversial’ compliance mining stance and is planning to integrate Taproot. In an interview earlier this week, CEO Fred Thiel confirmed that his firm’s mining pool, Marapool, will implement the Bitcoin Core 0. дальше »
2021-6-2 23:27 | |
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China’s state-run media slams Bitcoin trading, calls for stricter supervision
Following the Bitcoin mining debacle that originated from China earlier this week, Xinhua News, the official state-run press agency of the People’s Republic of China, published a new article today, highlighting the risks of cryptocurrency trading. дальше »
2021-5-29 20:56 | |
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Wisdomtree Files for an Ethereum ETF with the SEC
Asset manager Wisdomtree has filed for an Ethereum exchange-traded fund (ETF), as the Securities and Exchange Commission continues to mull over its Bitcoin ETF application from earlier this year. The move comes amid Ethereum’s growing popularity. дальше »
2021-5-29 03:50 | |
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Crypto Asset Firm One River Files for Carbon-Neutral Bitcoin ETF
Amid growing debate surrounding Bitcoin’s high energy consumption, one asset manager is looking to create a more environmentally conscious Bitcoin exchange-traded fund. According to SEC filings from earlier this week, One River Asset Management joins a growing list of firms looking to create their own Bitcoin ETF — but with a catch. The digital asset […] дальше »
2021-5-27 12:06 | |
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On recent Bitcoin developments: Why LTC's Lee sees 'this as an overall good thing'
Bitcoin, the world’s largest cryptocurrency, had been trading under the $40,000 mark for more than four consecutive days. The coin that had breached the $60,000 level earlier in March this year, begThe post On recent Bitcoin developments: Why LTC's Lee sees 'this as an overall good thing' appeared first on AMBCrypto. дальше »
2021-5-26 15:00 | |
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Bitcoin’s price surges as Elon Musk and Michael Saylor engage miners
Earlier this month, Tesla announced its decision to suspend payments for its products using Bitcoin (BTC/USD). The electric car maker cited environmental concerns since Bitcoin mining uses too much fossil fuel. дальше »
2021-5-25 13:48 | |
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Bitcoin’s price surges as Elon Musk and Michael Sailor engage miners
Earlier this month, Tesla announced its decision to suspend payments for its products using Bitcoin (BTC/USD). The electric car maker cited environmental concerns since Bitcoin mining uses too much fossil fuel. дальше »
2021-5-25 13:48 | |
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Elon Musk Meets Major North American Bitcoin Miners to Address Energy Usage
Following his earlier criticisms of Bitcoin’s energy usage, Tesla CEO Elon Musk has met with bitcoin miners in North America to promote the use of renewable energy for BTC mining activities. New Bitcoin Mining Council Formed After Meeting Tweeting on Monday (May 24, 2021), Musk revealed that bitcoin miners based in North America were committedRead More дальше »
2021-5-26 13:30 | |
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European Central Bank Publishes Risk Report on Bitcoin, Compares the Crypto to the Tulip Mania
Earlier last week, the European Central Bank published a new report on the financial stability of the European Union. The report, titled the Financial Stability Review (FSR), detailed potential risks of Bitcoin and other crypto-related assets. дальше »
2021-5-25 07:36 | |
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Leaked Goldman Sachs Report Leans towards Ethereum Outperforming Bitcoin
The bitcoin price has lost almost 50 percent of its value since reaching its all-time peak of nearly $65,000 per bitcoin in April. Meanwhile, after rising to over $4,000 per Ether, ETH is reduced by more than half earlier this month. дальше »
2021-5-24 17:00 | |
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How Another Chinese Power Outage May Have Led to Bitcoin’s Flash Crash This Week
Earlier in April, an accident at a Chinese coal mine in Xinjiang sent Bitcoin network’s hash rate plummeting 30% in a span of a day, which crippled the major cryptocurrency’s rally. Now, Bitcoin’s hash rate is suffering a similar loss as miners based in Sichuan, China face limitations on power usage. The State Grid in […] дальше »
2021-5-22 05:02 | |
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Bearish Rumble Intensifies As China Moves To Crack Down On Bitcoin Mining and Trading Activities
China appears to be ready to go to war with Bitcoin and other cryptocurrencies just about a month removed from changing its stance on digital assets. Earlier this week, it was reported that the country had banned financial institutions from conducting any crypto transactions but subsequent claims pointed out that the powers that be are […] дальше »
2021-5-22 20:25 | |
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DBS: Bitcoin is ‘potentially a better store of value’ than the dollar
DBS, Singapore’s largest and one of the world’s biggest banks by assets under management, put forward a bullish case for Bitcoin in a client note earlier this week. The post DBS: Bitcoin is ‘potentially a better store of value’ than the dollar appeared first on CryptoSlate. дальше »
2021-5-22 19:00 | |
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Institutional investors bought more Ethereum than Bitcoin last month
Bitcoin (BTC) witnessed the largest on record outflow last week, said the London-based digital asset manager CoinShares in a report earlier this week. The post Institutional investors bought more Ethereum than Bitcoin last month appeared first on CryptoSlate. дальше »
2021-5-21 07:00 | |
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Cryptocurrency Has Absolutely Tanked Since Elon Musk’s Bitcoin Announcement
Just a week ago, on May 12, Bitcoin was soaring to incredible heights. Each token was selling for as much as $57,000, up from just $30,000 at the start of the year. Then came a wrecking ball in the form of Elon Musk, whose electric car company Tesla had lent Bitcoin unprecedented mainstream credibility earlier […] The post Cryptocurrency Has Absolutely Tanked Since Elon Musk’s Bitcoin Announcement appeared first on Futurism. дальше »
2021-6-8 19:54 | |
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Bitcoin Price Dips Just Above $42,000 As Exchange Inflows Continues To Surge
Bitcoin price fell to a 3-month low earlier today retracing to $42,000 level which many believe was caused by Elon Musk’s recent Twitter meltdown, however, the price soon bounced off to rise above $45,000 as the total correction since last month high reached over 30 percent , the biggest correction this bull season. While many […] дальше »
2021-5-17 15:53 | |
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Square Declares It Won’t Buy More Bitcoin, Cites Network’s Carbon Footprint
Square, a fintech and digital payments company, has declared earlier today it doesn’t have plans to purchase more bitcoin in the near future. The company also referred to the carbon footprint of the Bitcoin network and how it is a real issue that needs to be tackled in the future. Square Doesn’t Plan to Purchase […] дальше »
2021-5-15 19:05 | |
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Tesla Halts Bitcoin Payments Over Environmental Concerns, Sending the Cryptocurrency to Session Lows
Earlier this year, in what appeared to be a massive win for the crypto space, Tesla began accepting payments in Bitcoin. The move was heralded for legitimizing Bitcoin’s transactional utility beyond just a speculative asset class. дальше »
2021-5-13 02:54 | |
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Palantir to Accept Bitcoin Payments, Considers Adding Crypto to Balance Sheet
Earlier Tuesday, data analytics company Palantir announced that it will begin accepting Bitcoin as a form of payment. Palantir is responsible for providing software and analytics tools for governments and corporations. дальше »
2021-5-13 21:55 | |
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Citibank contemplates rolling out crypto trading and custody services
Citibank, one of the oldest banks in the US, is mulling introducing crypto trading, custody, and financing services. The banking giant’s Head of Foreign Exchange, Itay Tuchman, unveiled this news earlier today, noting that the bank has had an influx of requests from its clients to introduce Bitcoin (BTC) services. дальше »
2021-5-9 17:31 | |
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Filecoin, Stellar Lumens, Solana Price Analysis: 3 May
The end of the month churned gains for most altcoins as Bitcoin also witnessed a surge in its price. As the largest crypto was able to recover from its earlier losses, the altcoin market was trying toThe post Filecoin, Stellar Lumens, Solana Price Analysis: 3 May appeared first on AMBCrypto. дальше »
2021-5-3 14:00 | |
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UBS’s Latest Argument Against BTC: “Bitcoin Is Denied to Minority Groups With Reduced Online Access”
UBS just can’t seem to get Bitcoin, and time and again, it tries to come up with some arguments to support their opinion. Earlier this year, UBS’s chief economist said crypto had a fundamental flaw, and it was Bitcoin’s fixed supply. дальше »
2021-5-2 15:54 | |
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Beijing Probes into Bitcoin Mining; This Is ‘Normal Bureau Business’ Aimed at Energy Consumption
Beijing is conducting a check on data centers involved in cryptocurrency mining to understand their impact on energy consumption. The probe was directed by city authorities. The Beijing Municipal Bureau of Economy and Information Technology sent an “emergency notice” to the city’s data center operators earlier this week to report on if they are involved […] The post Beijing Probes into Bitcoin Mining; This Is ‘Normal Bureau Business’ Aimed at Energy Consumption first appeared on BitcoinExchangeGuide. дальше »
2021-5-1 20:10 | |
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This small Caribbean island fully embraces Bitcoin in absence of banks
Bequia, a small island in the Caribbean just 18 square kilometers in size, is primed to become the world’s first fully Bitcoin-enabled community, Euronews reported earlier this week. The post This small Caribbean island fully embraces Bitcoin in absence of banks appeared first on CryptoSlate. дальше »
2021-4-30 07:00 | |
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Bitcoin Strikes Highest Oversold Level Since March 2020
Bitcoin’s price has dwindled significantly in the last 72 hours. Earlier today, the price dropped below $48,000, creating panic and uncertainty as to how low the asset will go before a bounce back. However, perhaps the most interesting thing about the drop is that Bitcoin has never been so oversold since March last year. The […] дальше »
2021-4-25 23:06 | |
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Bitcoin Plummets Below $50,000, Extending Losses Following Biden’s New Tax Proposal
Bitcoin, since surging to new all-time high earlier this month, has continued to face a string of bad news. Earlier last week, Bitcoin prices tumbled due to Xianjiang crypto miners shutting down due to power outages — causing a record $10 billion in futures liquidations. дальше »
2021-4-23 15:53 | |
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WeWork to Now Accept and Hold Bitcoin: A Potential Turning Point?
Earlier this week, WeWork announced that it would begin accepting payments in cryptocurrencies. In a move following Tesla and MicroStrategy, the commercial real estate start up stated that it would begin holding Bitcoin on its balance sheet — another sign of Bitcoin’s growing institutional acceptance. дальше »
2021-4-23 10:52 | |
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You Think Bitcoin Is In A Bubble? The Real Rally Awaits: Veteran Investor Bill Miller
Bitcoin has been slaughtering bears for the past couple of months. Since the fall of last year, the cryptocurrency has seen a face-melting rally to hit a new lifetime high of $64,800 earlier this month. дальше »
2021-4-22 13:34 | |
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77 Million Users Can Now Share Bitcoin As Venmo Adds Crypto Payments
Venmo announced earlier today that it will be adding support for crypto payments for its more than 70 million users. This move will allow its users to buy, hold, and sell and cryptocurrencies like Bitcoin, Ethereum, Litecoin, and BCH directly in the app. дальше »
2021-4-21 20:44 | |
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Here's what to expect from Chainlink and Litecoin
With Bitcoin dropping close to the $52k price range earlier on Sunday, many of the market's altcoins were overwhelmed with mounting sell pressure resulting in significant losses across the altcoin marThe post Here's what to expect from Chainlink and Litecoin appeared first on AMBCrypto. дальше »
2021-4-20 19:00 | |
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How Time Magazine Accepting Bitcoin And Altcoins Is A Growing Sign Of Global Adoption
Earlier today, Time Magazine added Bitcoin and 16 Altcoins for payment options on its platform. This is following a new partnership announced with Crypto. com, a crypto exchange platform. With this new development, Time Magazine will allow its users to purchase its digital subscriptions with Crypto. дальше »
2021-4-20 21:30 | |
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Player Bags Big Win on ‘Elvis Frog in Vegas’ Slot at Bitcoin.com Games, Encashes $110,000 in BTC
Bitcoin. com Games brings $110,000 worth of smiles and happiness to this player! Massive Win on ‘Elvis Frog in Vegas’ Earlier in March, a fortunate player cashed out $160,000 in two epic winning rounds on The Dog House Megaways slot at Bitcoin. дальше »
2021-4-18 09:00 | |
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Crypto Asset Manager Kryptoin Re-Files for a Bitcoin ETF
Earlier last week, Delaware-based investment advisory firm Kryptoin refiled for a Bitcoin exchange-traded fund (ETF) with the U. S. Securities Exchange Commission. The asset management firm filed its first ETF application back in 2019 without much success. дальше »
2021-4-18 00:54 | |
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