Tag Archives: AA News

The French icon in house music, David Guetta, listed his exclusive beachfront apartment on Miami Beach for $14 million. Apart from fiat currency, he would also accept bitcoin (BTC) and ether (ETH) as a payment method. A Seaview in Exchange for Crypto In the crypto-friendly city of Miami, the renowned DJ David Guetta put a selling price of $14 million for his exclusive three-bedroom 2521 square foot oceanfront apartment. The potential buyer would have the option to pay using...

El Salvador’s decision to become the first country to make bitcoin a legal tender within its borders has caught the attention of the world. The global Google searches with the name of the small Central American nation have gone through the roof towards a new yearly high. What Happened in El Salvador in a Week With a population of around 6.5 million (as of 2019), El Salvador is a relatively small country located in Central America that has Honduras, Guatemala, and the Pacific...

Following El Salvador’s move to adopt bitcoin as a legal tender in the country, Wall Street giant JPMorgan seems not to be impressed by such a monumental decision from the Central American nation. JPMorgan Comments on El Salvador’s Bitcoin Move In a recent note to investors, as tweeted by Financial Times correspondent Robin Wigglesworth, JPMorgan commented that the recent move made by El Salvador to make bitcoin legal tender was growth-oriented. However, the American...

Bitcoin is finally one step closer to make history with Taproot, a major event perhaps as important as SegWit or the last halving. Taproot, the most ambitious Bitcoin update since 2017, has been finally approved by miners and was locked in for implementation in November this year. Taproot is (Or Will Be) Finally Here! Because of its decentralized nature, the deployment of a Bitcoin update must go through an approval process and cannot simply be released to the world at the...

Anthony Di Iorio, a Canadian entrepreneur and the co-founder of leading smart contract platform Ethereum, said that he believes in the potential of Cardano (ADA) and Polkadot (DOT). In an interview with crypto proponent Anthony Pompliano, Di Iorio, who is also the CEO and founder of Canadian blockchain startup Decentral and crypto wallet Jaxx, revealed that he has a diversified investment portfolio featuring several top projects, including Cardano and Polkadot. A Big Fan of...

With the recent increase in Bitcoin adoption, the Texas Department of Banking has confirmed that Texas state-chartered banks will now be allowed to store BTC and other cryptocurrencies for their clients. Texas Banks to Hold Bitcoin In an official notice issued Friday, the regulator noted that state-chartered banks can provide crypto-related services to their clients as long as they have “adequate protocols in place to effectively manage the risks and comply with applicable...

Nearly half of the young investors with at least $1 million in their portfolio responded that they had located a large share of their funds in cryptocurrencies. Older generations, though, prefer fiat money. Crypto Is a Trend among The Millennials According to a CNBC survey with 750 participants, almost 50% of millennial millionaires have invested at least 1/4 of their wealth in cryptocurrencies. In comparison, more than 30% of them have located at least half of their assets...

The CEO and founder of Barstool Sports – Dave Portnoy – admitted that at the beginning, he thought Bitcoin was a ”Ponzi scheme.” Eventually, he changed his stance and even opposed Donald Trump, who called the primary cryptocurrency a ”scam.” Trump Is Wrong In a recent interview for ”Varney & Co,” the founder of Barstool Sports – Dave Portnoy – shared his current view on bitcoin and the crypto market. He revealed that years ago, when the primary digital asset was...

Some worrying signs are starting to appear for bitcoin’s price, at least in a short-term time frame. That’s according to a well-known analyst. The price for BTC has been wobbly recently, with it being unable to decisively break out in any direction. Last week, we saw bitcoin dipping as low as $31K only to recover and touch $38,500 days later. Now, however, the primary cryptocurrency is trading at around $35,500 for a 4% loss on the day. Commenting on the most recent price...

Kraken is reevaluating its plans on how to go public next year after Coinbase’s unimpressive performance, said the exchange’s CEO – Jesse Powell. Instead of taking its competitor’s method of a direct listing, Kraken could go down the initial public offering road. Kraken Rethinks Going Public Plans The largest US cryptocurrency exchange – Coinbase – made the news in mid-April when it became a publicly-traded company after a direct listing on Nasdaq. The move, perceived by many...