Bitcoin (BTC)

Interest in bitcoin and cryptocurrencies really surged in America during the peak months of COVID, and now many traders in the United States are seeing that interest lead to profits. According to blockchain analysis firm Chainalysis, Americans have seen their bitcoin holdings return more than $4 billion to initial holders. Americans Love Their Bitcoin While bitcoin may be suffering pricewise at the time of writing, the currency has recently concluded what is arguably its...

The Central American Bank for Economic Integration (CABEI), an international multilateral development bank headquartered in Honduras, said that it will work with the El Salvadoran government to implement bitcoin as the country’s second legal tender. According to Reuters, on Monday (June 14, 2021), the executive president of CABEI, Dante Mossi, revealed the bank’s plans at a new conference. Mossi said that the major financial institution would offer technical assistance to El...

Bitcoin has risen to about $37,000 per unit at the time of writing. While this number is nothing compared with the new all-time high it attained in mid-April, it is still about $5,000 more than where it stood during the early portion of the week. Thus, it can be said that bitcoin may be returning to its bullish roots. However, according to New York University finance professor Aswath Damodaran, investors should not get too comfortable with the sudden rise of the world’s...

South Korea continues to enforce stricter rules on the cryptocurrency space with the latest legislation to classify exchanges as high-risk entities. The move comes as the Asian country aims to enhance the monitoring of financial transactions and user ID verifications. The Korea Times reported that the Financial Services Commission (FSC), South Korea’s financial watchdog, has implemented a new classification on cryptocurrency exchanges. According to the new legislation,...

[Featured Content] The cryptocurrency market is no longer one that can be isolated. Bitcoin is no longer a niche asset with so many institutions and recognized investors jumping on board and seeking exposure. Retail investors are here, and, at this point, it’s safe to assume that they’re here to stay. With daily trading volumes across major exchanges exceeding $200 billion regularly, the interest in cryptocurrency trading is real, and there’s no longer any doubt about it....

MicroStrategy, the company, spearheaded by one of Bitcoin’s most vocal proponents, Michael Saylor, has completed yet another senior secured notes offering to buy more BTC. In an announcement revealed today, MicroStrategy said it’d completed a $500 million offering of senior secured notes due 2028 to buy more bitcoins. As it stands, the company now owns approximately 92,079 bitcoins. The notes have been sold in a private offering to qualified institutional buyers in full...

Satoshi Nakomoto présent dans la liste des candidats au prix Nobel de la paix 2021 « Le prix Nobel de la paix récompense la personnalité ou la communauté ayant le plus ou le mieux contribué au rapprochement des peuples, à la suppression ou à la réduction des armées permanentes, à la réunion et à la propagation des progrès pour la paix selon les volontés, définies par le testament, d’Alfred Nobel. Cela comprend la lutte pour la paix, les...

Le président de la Banco Centroamericano de Integración Económica, a déclaré aujourd’hui, lors d’une conférence de presse, que la BCIE fournirait une assistance technique au Salvador dans sa transition pour faire du bitcoin une monnaie légale. Dante Mossi, président de cette Banque dédiée de développement aux pays d’Amérique centrale, n’a pas caché son enthousiasme, se déclarant très optimiste :...

Prominent legacy investor Paul Tudor Jones III has doubled down on his support of bitcoin by indicating that it is reliable, honest, secure, and 100% certain. Furthermore, he said he wants to have 5% of his entire portfolio allocated in BTC. Ever since the COVID-19 pandemic broke out last year, the US billionaire hedge fund manager has been vocally praising the primary cryptocurrency. He argued that buying bitcoin would ultimately protect him from the growing threat of...

The Tanzanian President’s statements on adopting Bitcoin as the new digital currency seem to be influenced by the recent alterations administered by El Salvador where BTC has been declared as a legal tender.Tanzania appears to be the latest addition in the pool of countries inclined towards adopting Bitcoin and other digital assets in their economical structure. South African countries have been exploring the ideas of adopting Bitcoin and crypto trading as new financial trading mediums....