Tag Archives: Bitcoin News

Cathie Wood of Ark Invest believes El Salvador is on the right path when it comes to bitcoin innovation. She is very excited about all the fantastic progress the country has made in terms of BTC adoption, and she’s confident things will only get better from here for residents of the nation. Cathie Wood on El Salvador: The Country Has the Right Idea Wood stated that one of the big things El Salvador has done well is open the doors of an industry that at one time, was very...

The Mozilla Foundation announced on Twitter on New Year’s Eve that it was going to be accepting crypto donations. However, this decision has since come under fire by one of the firm’s co-founders, and it looks like Mozilla is rescinding the decision. Mozilla Foundations Rejects Crypto Jamie Zawinski – one of the people involved in creating Mozilla – says he’s happy to play a role in preventing the firm from making such a “terrible decision.” He has long been a big critic...

London is now home to a record number of bitcoin and crypto-related advertisements, and many are calling for a ban on such promotions as they feel the crypto space is far too risky. London Is Seeing an Influx of Crypto Advertisements Crypto assets are largely unregulated in the United Kingdom, and there is much concern in London and other parts of the country about the volatility associated with these assets. In addition, many fear that people will become addicted to...

Jack Dorsey – the CEO of Block, formerly known as Square – has emerged to say that his firm is moving forward on plans to develop an open bitcoin mining system. Jack Dorsey Wants a World Where Everyone Can Mine BTC What does this mean? Basically, all customers of Block will have the opportunity to mine bitcoin and other forms of crypto through a fully accessible system. In a tweet late last week, Dorsey announced: We’re officially building an open bitcoin mining system....

Steven is a man who was raised on the Shetland archipelago. At the age of 13, he left school and made his way into construction, where he earned a whopping salary of more than 85,000 pounds per year. How Steven Has Dealt with His Crypto Addiction This isn’t bad for someone with limited educational means. Unfortunately, Steven has lost virtually everything to his crypto addition, which he likened in a recent interview to a gambling addiction. He says, crypto, drugs, and...

Would you move to Arkansas if you were paid $10,000 in bitcoin? It turns out there are a lot of people both inside and outside the U.S. that are willing to accept this deal. You Can Earn $10K in BTC to Move to Arkansas The Northwest Arkansas Council (NWA Council) is a nonprofit organization that is hoping to cash in on the skills of tech experts, entrepreneurs, and others who think they can turn the northern portion of the Natural State into a crypto haven. The group is...

Jon von Tetzchner – the CEO of Vivaldi – has put out a blog post that doesn’t place cryptocurrency in the greatest light. In the blog, he suggests digital currency is nothing more than a “Ponzi scheme” posing as currency. Jon von Tetzchner Isn’t a Crypto Fan He writes the following: Cryptocurrency has been touted by many as a revolution in currency, the future of investment, and a breakthrough technology, but if you look beyond the hype, you’ll find nothing more than a...

Rio de Janeiro – a popular tourist destination in the South American country of Brazil – is looking to become the nation’s biggest crypto hot spot. The city has already laid out plans to begin purchasing bitcoin and add the digital currency to its balance sheet. Rio de Janeiro Wants to Be a Major Crypto Haven Eduardo Paes – the mayor of Rio de Janeiro – explained in a statement that he is currently organizing a committee that will study ways to potentially incentivize...

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...