Bitcoin (BTC)

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Die Crypto-Community hatte gehofft, dass Honduras dem Beispiel El Salvadors folgen würde. Doch nun hat die Zentralbank des Landes in Mittelamerika angekündigt, dass man nicht auf Bitcoin setzen wird, sondern stattdessen an einem staatlichen Cryptocoin arbeitet. Bitcoin News: Honduras lässt Bitcoin links liegen und setzt auf CBDCSchlechte Nachrichten für die Mass Adoption: Honduras setzt auf eine Central Bank Digital Currency (CBDC), die schon bald offizielles Zahlungsmittel im Land werden...

ADA price started a strong increase above the $0.90 resistance against the US Dollar. The price is now trading above $1.00 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.9900 on the 4-hours chart (data feed via Bitfinex). The price could correct lower, but dips might be limited below $0.9800. Cardano price is surging above $1.00 against the US Dollar, similar to bitcoin. ADA price could continue to rise if there...

It would appear that the U.S. Congress is starting to become interested – or concerned – with El Salvador’s adoption of Bitcoin as legal tender. Senators James Risch, Bob Menendez, and Bill Cassidy have introduced a bill titled the  ‘‘Accountability for Cryptocurrency in El Salvador Act’’ (or ‘ACES’ act) to monitor the effects of the nation’s new law on itself and the United States. Keeping an Eye on El Salvador The bill was introduced back on February 18th, but entered the...

Today, the Central Bank of Honduras (CBH) assured that for now, the country has no intention of following in the footsteps of El Salvador, extinguishing the FOMO sparked by rumors about the possible adoption of bitcoin as a legal tender in the Latin American country. According to the statement, The Central American country maintains a neutral position towards Bitcoin and cryptocurrencies in general. It has no intention of changing it for now. They stressed that Bitcoin is...

Crypto has been with us for more than a decade now. The first years of that decade were the Dark Ages when the light of crypto shone on very few people, and the whole industry was pretty much obscure – not many knew about Bitcoin, what it was, what it did, why it was (and still is) needed, why should they have bought it. A Ponzi scheme, a pyramid, a scam, illegal – Bitcoin and crypto, in general, were slandered and kicked around, as sadly has been the case with every novelty...

Retail and institutional investors will have to wait further for the $1 billion Bitcoin Bonds as El Salvador has postponed its planned offering. Amidst geopolitical turmoil, the country’s Finance Minister Alejandro Zelaya said they would wait for favorable conditions in the financial market, and the hold-up be could be as late as September. Unfavorable Market Conditions The El Salvadorean central bank was previously scheduled to launch the long-awaited Bitcoin Bonds between...

Crypto Rom – an international digital currency scam ring – appears to have grown heavily over just the last year. The organization works by engaging in romance scams in which both iPhone and Android users are duped into thinking someone is interested in them after meeting on Tinder and other social media apps. From there, they are often tricked into giving the scammer cryptocurrency. Crypto Rom Has Expanded Quite a Bit Cybersecurity ring Sophos says that Crypto Rom is...

The Stock-to-Flow (S2F) model has become a popular one within the cryptocurrency industry and is commonly used to speculate on Bitcoin’s possible future price. In this guide, we’ll explain in detail what S2F is, who created it, how it applies to different types of assets, and its pros and cons. Quick Navigation What is the Stock-to-Flow Model (S2F)? The S2F is a model that predicts an asset’s possible future price by quantifying its scarcity. This was originally applied to...

As a means of avoiding assistance from the International Monetary Fund (IMF), the Central American nation of El Salvador is looking to sell debt that’s fully backed by bitcoin. The IMF has already asked the country to avoid all bitcoin activity in the future, though El Salvador graciously responded by giving the global organization the finger, claiming on social media that it would never step away from crypto. El Salvador Will Sell Bitcoin-Backed Debt The bitcoin-backed...