Tag Archives: Bitcoin News

Volaris – a low-cost airline company based in El Salvador – explained in a recent press release that it will begin accepting bitcoin for plane tickets. El Salvador Is Moving Ahead in the BTC Space The news was confirmed by the country’s president Nayib Bukele and is another push towards a crypto-based society. In a tweet, the president stated: This allows us to increase the offering of flights for Salvadorians, in addition to being the first airline in the world to...

The price of bitcoin has skyrocketed in recent days, and the world’s number one digital currency by market cap has reached a new all-time high. At the time of writing, bitcoin is trading for roughly $66,000 per unit. Bitcoin Is Bigger and Better Than Ever The journey of bitcoin has been a long and arduous one. No doubt it has come with many hardships, but it has also seen many significant joys – just as it is today. At $66,000, bitcoin has never been higher. 2021 marks a...

Pacaso – a leading real estate firm – has announced it will begin accepting cryptocurrency payments from users looking to purchase or invest in a second home. Pacaso Is Allowing Crypto Payments for Second Homes The property in question cannot be a first-time buy. The company wants to ensure the customers in question have a little experience in the real estate market before they commit to a cryptocurrency-based purchase. That said, Pacaso realizes that digital currencies...

Popular investment firm Invesco is delaying the launch date of its new bitcoin ETF. The news comes at an ironic time given that Pro Shares is pulling back the curtain on its own crypto ETF, which has been trading on the New York Stock Exchange (NYSE) for the past week. Invesco Is Holding Back… For Now The journey of bitcoin ETFs in the U.S. has been a rocky one. Companies such as Van Eck have been trying for years to get greenlights on their products, only to be...

Billionaire investor Carl Icahn believes that bitcoin’s potential will be realized in the coming future if the Fed continues to print excessive amounts of money. Carl Icahn Thinks Bitcoin Could Become More Powerful Ever since the coronavirus pandemic began, governments around the world – including the United States – have been issuing trillions of dollars in stimulus money to both individuals and businesses alike. While we can all agree that a little extra cash in our...

A bitcoin-based exchange-traded fund (ETF) has finally made its way to the middle of North America. The United States has long awaited the introduction of a bitcoin ETF after many years have gone by of companies submitting applications only to have them rejected ungraciously. A Bitcoin ETF Has Made Its Way to the U.S. This new product is being offered by Pro Shares and is being traded on the New York Stock Exchange (NYSE). It trades under the ticker BITO, and investors...

Fancy a new facelift? What about a tummy tuck or a butt lift? The possibilities are endless given that crypto fans can now pay for plastic surgery with digital assets thanks to the open mind of Georgia Plastic and Reconstructive. Georgia Plastic Is Okay with Accepting Bitcoin The company is the latest to say “yes” to crypto payments and push the bitcoin agenda forward. Initially, digital currencies were designed to serve as payment currencies and push things like checks,...

Mark Cuban has established himself as the latest bitcoin and crypto fan in recent months. In an interview not too long ago, the billionaire investor claimed that bitcoin held a “huge advantage” over other forms of digital currency. Mark Cuban Believes Bitcoin Is Stronger Than Other Currencies When it comes to serving as a store of value, Cuban believes that bitcoin – the world’s number one digital currency by market cap – has “zero competition,” and that it is the “best...

Jack Dorsey – the CEO of both social media giant Twitter and payments company Square – says that his latter company is looking into potentially creating a simplified mining rig that he believes will help the industry get stronger. Dorsey and Square Tackle Crypto Mining In a tweet last week, Dorsey explained: Square is considering building a bitcoin mining system based on custom silicon and open source for individuals and businesses worldwide. If we do this, we’d follow...

Bitcoin is doing better than it has in a long time. The currency – which was trading for $64,000 per unit in April of this year – has suffered somewhat in recent months, experiencing some bearish behavior that ultimately brought it down below the $30,000 mark for a brief period. However, at press time, the currency is trading again above $60,000, and is only a few thousand dollars shy of where it was six months ago. Bitcoin Has Reached a New Pinnacle For the most part,...