Tag Archives: Bitcoin News

With bitcoin and so many other mainstream cryptocurrencies hitting new all-time highs, many analysts and industry experts believe that the world’s number one digital currency is going to hit $100,000 much sooner than originally anticipated. Bitcoin Is Exploding in the Eyes of Many Analysts The volatility the currency has been experiencing as of late is nothing new, they say. Recently, after hitting $68,000 per unit, the asset began a series of slight falls that at press...

Many nonprofits in the United States are entering what’s known as the “peak months” for charitable donations. This is the time of Thanksgiving, Christmas, and many other holidays in which being grateful and showing love to one another take precedence over all things. Thus, people tend to be feeling a little more generous than usual. Nonprofits and Crypto Are Working Together But here’s the real clincher… Many of these nonprofits are now accepting crypto donations. The...

Jerome Powell has been nominated to lead the Federal Reserve in 2022, and many analysts believe this could bear serious repercussions for the cryptocurrency space. Powell Might Not Be Great for Crypto, Analysts Claim While Powell is all set to lead the Federal Reserve, his counterpart vice chairwoman may be Lael Brainard. Both nominations will need to be confirmed by a majority vote in the Senate. Powell served as the Federal Reserve chair under President Donald Trump,...

Financial services minister Jane Hume believes that governments around the world are wrong to be worried about cryptocurrencies. She says that cryptocurrency is “not a fad,” but rather a valid financial tool that can play many parts in the future of the global economy. Jane Hume Is Confident in Crypto At a summit review in Australia just over a week ago, Hume said that cryptocurrency wasn’t likely to disappear “anytime soon.” She offered the following message to...

Moon Pay – a crypto and fintech firm – is only three years old and one of the newest players in the digital currency industry. However, the company is already valued at more than $3.4 billion thanks to its first ever funding round, which took place two Mondays ago. Moon Pay Has Come a Long Way in a Short Time During this round, the company managed to add more than half a billion to its overall market valuation. The event was led by Tiger Global. The company has been...

According to recent panel data, the global population believes that cryptocurrency adoption is going to grow by 90 percent within the next ten years. Adoption Will Grow Heavily Over the Next Decade Right now, despite crypto’s growing popularity, the number of crypto users in the world is around 300 million people. That’s about four percent of the global population. The panel in question was composed of several financial experts including Richard Byworth, the CEO of...

In 2020, the coronavirus pandemic had horrible effects on businesses throughout the world. Many companies began shutting their doors permanently due to the rampant trouble the pandemic presented for the global economy, but not every enterprise had a hard time. One restaurant called Tahinis – located in Canada –made quite a bit of profit during 2020, and it has bitcoin and crypto to thank. Tahinis Sees BTC Profits Explode Based in London, Ontario, Tahinis has made a name...

Nayib Bukele – the president of El Salvador – has announced to the people of his country that the government is taking its bitcoin agenda to the next level. Regulators and city planners are looking to build a whole new village at the base of a volcano. The region will be known as “Bitcoin City” given that it will be entirely dependent on bitcoin and blockchain technology to thrive. El Salvador Is Pushing BTC Even Further He stated that a bond offering is going to occur...

A copy of the U.S. Constitution was recently up for grabs to the tune of millions of dollars. The item was set to be auctioned off last week as one of only 13 copies of the document left standing, and a group of alleged crypto fans – operating under the name Constitution DAO – stated their intention to bid on the product. Who Bought the Constitution? The organization began collecting crypto donations from tens of thousands of people across social media platforms,...

Not long ago, the national council of Islamic scholars stated that Muslims in Indonesia should not be permitted to trade crypto as it exposes investors to unnecessary risk and goes against Islamic law. From there, Indonesia’s Ulama Council announced a fatwa on bitcoin, which is classified as a “non-binding religious ruling.” Bitcoin has since been declared haram, or something that is forbidden. Indonesia Has Become a Crypto Hotspot KH Asrorun Niamm Sholeh – the council’s...