Tag Archives: Bitcoin News

Raphael Sauleau is the CEO of Fraser, a firm that specializes in luxury boats. He says young people are becoming bitcoin millionaires, and many of them are now in the habit of buying yachts. Yachts Are the Objects of Desire for BTC Investors Aside from being early bitcoin investors, a lot of them have high-paying jobs in hedge funds and startups. They all seem to share the same dream – to purchase yachts and sail the seven seas. They are using the bitcoin they’ve earned...

Nayib Bukele – the president of the Central American country of El Salvador – is telling the International Monetary Fund (IMF) to “talk to the hand” because he’s clearly not listening. El Salvador Isn’t Listening to the IMF Not long ago, the IMF made headlines when it practically got down on its knees and begged El Salvador to reject bitcoin forever and dismiss its newfound crypto agenda. Nothing good could come of BTC in the agency’s mind given that the asset is prone...

In a recent interview, Jack Dorsey – the man behind billion-dollar companies such as Square and Twitter – said that Mark Zuckerberg – the CEO of Facebook, now Meta – was wrong to try and start his own cryptocurrency venture, and he feels things would have been more successful if he had focused on bitcoin. Jack Dorsey Is Critical of Diem BTC is the world’s largest and most popular cryptocurrency. Dorsey has long been a fan, working to enhance trading through Square and...

Wealth Simple – an online brokerage in the country of Canada – wants to engage in a program where it gets to see how people are using cryptocurrencies. Analysts believe that there will be regulatory tactics set in place designed to prevent Wealth Simple – and companies like it – from engaging in such activity. Wealth Simple Is Eager to Know How People Use Crypto One of the big issues facing bitcoin and the crypto space is the fact that many digital currencies, while...

A hot dog restaurant called Willy – Yums in Bradenton, Florida has become the latest company to accept cryptocurrency as a method of payment. Willy – Yums Opens Its Heart to Crypto Willy – Yums opened about five years ago. It serves hot dogs, burgers, Cuban sandwiches, and many other things to tantalize one’s taste buds. The man who owns it – Rob Williams – says he was introduced to crypto through a friend and he immediately began investing through the Robinhood app. He...

Is Linus Torvalds the man who invented bitcoin? Torvalds Has Become the Object of the Satoshi Obsession For the past several years, many crypto traders have sought to find out the identity of Satoshi Nakamoto, the man behind bitcoin (the world’s largest and most popular cryptocurrency by market cap). For some, the mystery is something that needs to be figured out soon. It’s become an obsession, but the questions behind Nakamoto’s identity usually leads to a dead end, and...

Bitcoin is a limited currency. It is finite and all set to run out someday. While the asset will likely always remain in circulation to some degree, there are only 21 million units of BTC, and about 90 percent of that has already been mined and added to the blockchain. Nayib Bukele – the president of El Salvador – sees this as a good thing. Nayib Bukele Things Bitcoin Is Going to Shoot Up in Price While bitcoin may be limited and thus very concentrated in the future,...

Crazy Horse 3 – a strip club in the middle of Sin City (that’s Las Vegas, Nevada) has agreed to accept crypto payments for lap dances and many of the club’s services. Crazy Horse 3 Is Willing to Accept Crypto The whole point of crypto was to be able to pay for everyday items and services. Many digital assets – such as bitcoin – were initially created to push things like credit cards, checks, and fiat currencies to the side, though this has been an extremely slow journey...

New York offers many shuttered coal plants and cheap energy. This makes it a top spot for miners and anyone looking to set up crypto extraction businesses. However, there are many environmentalists out there that want New York to work against crypto and ban the process of adding it to the blockchain. New York and Crypto Don’t Always Go Together Environmentalists have been arguing for years that mining bitcoin is somehow harmful to the world’s atmosphere. They state that...

Bitcoin has been suffering heavily as of late. The world’s number one digital currency by market cap has lost nearly $30,000 from the recent all-time high it hit back in November of 2021. During that time, the asset was trading for roughly $68,000, but today, the currency is stuck at around $37,000. Still, that isn’t stopping men like Jeremy Allaire – the CEO of Circle, a stable coin provider – from having big beliefs about bitcoin. Jeremy Allaire Is Confident in BTC In...