Tag Archives: Bitcoin News

Pakistan could be the next country to ban cryptocurrency. The nation’s central bank is calling for an outright ban on all digital currency activity per documents submitted to the Sindh High Court, the country’s biggest legal establishment. Pakistan Seeks to End Crypto’s Run The fight has allegedly been going on since the year 2019. A petition was filed during that time which sought to remove present bank guidance that told banks and standard financial institutions to...

According to investment firm Fidelity, 2022 will be a year in which more countries purchase bitcoin and add the digital currency to their balance sheets as a means of remaining competitive. Fidelity Believes More Nations Will Add BTC to Their Balance Sheets This is a craze that was likely started by the Central American nation of El Salvador, which in the summer of 2021, stated that it would be the first country in the world to declare BTC legal tender. This meant that...

Bitcoin and cryptocurrency have come a long way. Many are no longer just speculative assets but have crossed into hedge fund territory following the excessive printing of money and the spread of the coronavirus. Bitcoin and Other Cryptocurrencies Are Failing in the Payments Department However, despite all the major boosts in the space, it appears crypto assets are really faltering in one specific area… Payments. Initially, bitcoin and many of its altcoin cousins were...

Twitter users everywhere are seemingly confused by a new tweet issued by Oscar-winning actress Reese Witherspoon. Reese Witherspoon Tweets About Crypto, People Push Back Users took issue with the randomness of the message, which reads as follows: In the (near) future, every person will have a parallel digital identity. Avatars, crypto wallets, digital goods will be the norm. Are you planning for this? At press time, the reasons behind the tweet are unclear, and many are...

BBTV Holdings Inc. – a leading monetization company – has launched a new program known as Pay to Crypto that will allow creators to be paid directly in digital assets. BBTV Holdings Will Pay Content Creators in Digital Money Among the cryptocurrencies that creators can be paid in are bitcoin, Ethereum, and USD stable coin. This is the first offering of its kind, and it is being provided to creators at a competitive rate. Chairperson and CEO of BBTV Shahrzad Rafati...

Leading payments platform Pay Safe has conducted a new survey that suggests more than half the world’s crypto owners would prefer to earn their salaries in bitcoin or other forms of crypto rather than in fiat currency. Pay Safe: Most People Want Crypto-Based Paychecks The study shows that around 55 percent of individuals who own cryptocurrency would prefer to receive their paychecks in digital currency. In addition, approximately 60 percent of young people – anyone...

Fintech merchant services provider and crypto mining firm The OLB Group, Inc. has signed a long-term lease on a 10,000 square foot warehouse in Bradford, Pennsylvania. The building can store as many as 2,000 Antminer machines and is situated in an industrial park near the city’s regional airport as a means of limiting the noise the machines produce and affecting nearby residents. The OLB Group is Bringing Crypto Closer to Home The facility will be fully powered by...

2022 was supposed to be the year in which bitcoin reached the six-figure mark. Many analysts believed that by the end of the year, $100,000 would be achievable for the world’s number one digital currency by market cap. However, given the recent bearish trends bitcoin has been following, a poll released by financial giant JPMorgan suggests that many people are changing their minds. JPMorgan Poll Shows Fewer and Fewer People Believing in the Power of BTC 2021 was arguably...

Lawton Plastic Surgery in San Antonio, Texas is the latest business to say “yes” to cryptocurrency payments. Owned by Dr. Gary Lawton, the facility is supporting assets like bitcoin, Ethereum, and several other altcoins, and has agreed to accept these assets as methods of payment. Lawton Plastic Surgery Will Accept BTC for Procedures In an interview, Dr. Lawton said: Cryptocurrency not only serves as an alternative payment method but can very well be the currency of the...

Bitcoin – the world’s number one digital currency by market cap – briefly fell below the $40,000 mark for the first time in several months. At press time, the asset has risen back to about $41,000 per unit, though the news – for some analysts – suggests that the year is going to be rocky for the virtual coin. Is Bitcoin Feeling Okay? Overall, bitcoin has gotten off to a shaky start in 2022. What was supposed to be a year – according to many industry experts – in which...