Bitcoin (BTC)

When it comes to cryptocurrency, it’s nearly impossible to ignore the fact that both bitcoin and Ethereum are the two largest examples out there, with bitcoin taking the number one spot and Ethereum in second place. However, this is just in terms of market cap. Regarding popularity, there is evidence suggesting Dogecoin takes the number one spot. The Popularity of Dogecoin Has Shot Through the Roof Dogecoin has arguably become one of the biggest cryptocurrencies in...

Nayib Bukele – the president of El Salvador – has announced to the people of his country that the government is taking its bitcoin agenda to the next level. Regulators and city planners are looking to build a whole new village at the base of a volcano. The region will be known as “Bitcoin City” given that it will be entirely dependent on bitcoin and blockchain technology to thrive. El Salvador Is Pushing BTC Even Further He stated that a bond offering is going to occur...

A copy of the U.S. Constitution was recently up for grabs to the tune of millions of dollars. The item was set to be auctioned off last week as one of only 13 copies of the document left standing, and a group of alleged crypto fans – operating under the name Constitution DAO – stated their intention to bid on the product. Who Bought the Constitution? The organization began collecting crypto donations from tens of thousands of people across social media platforms,...

The Bank of England is not a fan of bitcoin nor its growing adoption in countries like El Salvador. The Governor – Andrew Bailey – has repeatedly expressed his “concerns,” but this time, El Salvador’s President Nayib Bukele issued a response. BOE “Concerned” About El Salvador and Bitcoin Ever since the small Central American nation outlined plans to adopt bitcoin as legal tender in June 2021, numerous global financial organizations have tried to warn the country not to do it....

The Turkish lira – Turkey’s national currency – has been in a state of freefall for the last three months and has lost around 35% of its value against the US dollar. This has been the result of the President’s somewhat controversial policies and decisions, the latest of which led to a 15% daily drop against USD. In September, President Recep Erdogan also declared war on bitcoin, aiming to pave the way for implementing the digital lira. Since then, Turkey has suffered...

Entretien avec Sébastien Gouspillou à son retour de la conférence Adopting Bitcoin qui s’est déroulé du 16 au 18 novembre au Salvador. « Fraîchement rentré du Salvador, Sébastien Gouspillou a pris le temps de nous accorder une interview – et nous l’en remercions ! Le Salvador, précurseur en ce qui concerne l’adoption de Bitcoin dans la vie de tous les jours, évolue très rapidement. Il y a quelques jours, Nayib Bukele a annoncé le lancement de Bitcoin City. Derrière l’effet...

The landscape in the cryptocurrency market continues to look dim, with bitcoin falling to overcome $55,000. The altcoins also struggle as Ethereum is close to breaking below $4,000, while Polkadot dumped by another 6% in a day. Bitcoin Suffers Below $55K It’s safe to say that bitcoin has seen better days, which weren’t all that long ago. The cryptocurrency challenged the coveted $60,000 mark on Friday before a sudden price dump, perhaps prompted by fears of a new COVID-19...

Not long ago, the national council of Islamic scholars stated that Muslims in Indonesia should not be permitted to trade crypto as it exposes investors to unnecessary risk and goes against Islamic law. From there, Indonesia’s Ulama Council announced a fatwa on bitcoin, which is classified as a “non-binding religious ruling.” Bitcoin has since been declared haram, or something that is forbidden. Indonesia Has Become a Crypto Hotspot KH Asrorun Niamm Sholeh – the council’s...

Premier league soccer team Manchester City is cutting ties with 3Key, a cryptocurrency startup. Both enterprises had spent less than a week working together after the team declared the firm an “official regional partner in decentralized finance trading analysis.” Manchester City Says Goodbye to 3Key Reports suggest that Manchester City is concerned given that 3Key is lagging an online presence. This could ultimately be because the firm is classified as a “startup,” and...

Hillary Clinton isn’t crazy about crypto. The failed presidential candidate and former Secretary of State under Obama believes that widespread adoption of crypto could have heavy repercussions on the world of traditional finance and “undermine traditional” currencies like the U.S. dollar. Hillary Clinton Is Not a BTC Believer In an interview, she comments: What looks like a very interesting and somewhat exotic effort to literally mine new coins in order to trade with...