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Bitcoin (BTC)

Brazilian Real Pegged Stablecoin BRZ Integrates with RSK and Bitcoin Infrastructure

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Andrew Schober Is One of Many Victims of Crypto Theft, but He’s Taking Action

A man named Andrew Schober is accusing two young men in Britain of stealing his cryptocurrency fortune and refusing to give it back. Andrew Schober Is Working to Get What’s His The situation is unique in the sense that the two culprits in question were initially still minors when they committed the theft. Named Benedict Thompson and Oliver Read, both are alleged to have stolen the money three years ago in 2018 from Schober, who allegedly owned a crypto wallet known as...

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Not Every Resident of El Salvador Is Crazy for BTC

El Salvador is all set to make bitcoin legal tender by next week, and yet already the country is experiencing a lot of resistance and fear from its own people. El Salvador Is Pushing Bitcoin, But Not Everyone’s Happy In many ways, bitcoin is still a new – and struggling – technology. The world’s number one digital currency by market cap, like many of the globe’s cryptocurrencies, was initially designed to serve as a payment tool; something that would ultimately push...

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Twitter to Integrate Bitcoin Options in App’s Tip Jar Feature

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Hyperbitcoinisation

« L’hyperbitcoinisation est une transition volontaire d’une monnaie inférieure à une monnaie supérieure, et son adoption est une série d’actes individuels d’entrepreneuriat plutôt qu’un monopole unique qui joue du système […]. Cet article traite de la possibilité d’une démonétisation de la monnaie induite par le Bitcoin, ou hyperbitcoinisation, ce qui est ce qui arriverait à toute monnaie...

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Twitter Supposedly Looking to Adopt Bitcoin Lightning Network for Tipping Service

Code within a recent Twitter beta suggests that the company is integrating a Bitcoin payment option for its new “Tip Jar” feature with the help of the lightning network. Tipping With Bitcoin Though Bitcoin tips are not yet available to beta users, code reveals that it could soon be implemented as a payment option alongside Cash App, Bandcamp, Patreon, Venmo, and PayPal. For the unfamiliar, users of the network will be guided through a Bitcoin tutorial, including details about...

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Skybridge CEO Anthony Scaramucci Says BTC Can Hit $100k by Year End

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Bitcoin Price Analysis: BTC Makes 2nd Consecutive Green Monthly Close, Time For Next Major Move?

BTC finished August on a positive note, printing the second consecutive monthly candle higher, completing an increase of 13.6%. This is quite notable for the largest cryptocurrency as the 2018 bear market never saw 2 strong consecutive monthly closes higher. Chart by TradingViewBitcoin’s Near-Term Consolidation BTC continues the near-term consolidation after finding resistance at $50k. So far, bitcoin’s price has held the green zone of support between $48.1k to $46k, where...

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Ahead of the Bitcoin Law: El Salvador Votes in Favor of $150M BTC Trust

The government of El Salvador voted in favor of creating a $150 million Bitcoin Trust. Its role: to convert BTC to USD so the local population can balance their cryptocurrency exposure. The initiative comes less than a week before the Latin American country starts using bitcoin as legal tender. Getting Ready for The BTC Adoption The Legislative Assembly of El Salvador will develop the cryptocurrency infrastructure by creating a $150 million Bitcoin Trust. It will facilitate...

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Bitcoin’s Dominance Declines as ETH Reclaimed $3,500 (Market Watch)

Bitcoin’s recent struggles continued in the past 24 hours as the asset dropped to a five-day low of around $46,500. In contrast, some alternative coins have been on the rise. Ethereum is a prime example as it jumped above $3,500 for the first time in more than three months. ETH Above $3.5K; DOT Spikes 10% It’s safe to say that most altcoins have been outperforming Bitcoin in the past few weeks. Ethereum, for instance, had dropped below $3,200 on Monday. However, the...

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