Tag Archives: Bitcoin News

Several mayors are warming up to bitcoin, showing not only that bitcoin is becoming more mainstream and legitimate, but also that the currency is a staple product of political campaigns. Miami mayor Francis Suarez and mayor-elect Eric Adams of New York City say that they are looking to accept their next few paychecks in bitcoin as a means of pushing the crypto agenda further. Adams and Suarez Are at the Center of a BTC Battle Eric Adams was elected mayor of the Big Apple...

Police in Spain are investigating the robbery and assault of a bitcoin millionaire who allegedly had his home invaded and a digital fortune stolen. Zaryn Dentzel – the co-founder of Tuenti, a social media network based in Spain – witnessed more than one million euros worth of BTC disappear in an instant. Zaryn Dentzel Is Being Looked at By Medical Staff Dentzel detailed the experience to media outlets in Madrid, where he lives. The 38-year-old tech entrepreneur was...

El Salvador says it is looking to utilize some of the profits it’s made from holding and trading bitcoin to build roughly 20 schools throughout the country. El Salvador Will Rebuild Its Education System The announcement came by way of Nayib Bukele, the nation’s president. Not long ago, the nation of El Salvador took advantage of a bitcoin dip that saw the world’s number one digital currency by market cap fall to roughly $59,000 per unit. From there, the currency rose...

In a new report, analysts at JPMorgan state that bitcoin has the potential to reach a whopping $146,000 per unit rather soon. JPMorgan Thinks BTC Is Heading to the Moon There have been several predictions as of late that bitcoin will potentially reach six figures in the coming months, but JPMorgan – which at times, has been rather bearish when it comes to bitcoin – is releasing one of the biggest predictions, though there are a couple of things that need to be taken note...

The Securities and Exchange Commission (SEC) may appear all lovey-dovey with the idea of a bitcoin-based exchange-traded fund (ETF) as of late given its approval of the recent Pro Shares product. Sadly, this would not necessarily be true, as the firm has recently announced it will be pushing another ETF decision into 2022. The SEC Has Delayed Another Decision Regarding a BTC ETF The new ETF comes by way of a company known as Valkyrie. The firm had placed its ETF...

A major bank in Australia known as the Commonwealth Bank will allow users to buy and sell cryptocurrencies through its app. This is a first for such a major institution in the Outback nation. The Commonwealth Bank Is Bringing Crypto to Customers The bank has established partnerships with firms such as the Gemini Exchange in New York and blockchain analysis company Chainalysis to offer the new app to its more than six million users. Individuals can utilize the tool to...

A new cryptocurrency scam is making its way through the digital space, and it’s got the attention of officials in the state of Florida. Regulators are now warning all crypto investors to watch out. How One Scam Is Getting So Much Attention State Attorney General Ashley Moody is referring to the scam as a “bait-and-switch” scheme. The operation works by assisting crypto investors with legitimate trades. Thus, things appear correct, and traders feel like they don’t need to...

Football player Aaron Rodgers is taking part in a new cryptocurrency contest that will see roughly $1 million worth of BTC go to his Twitter followers. Aaron Rodgers Is Pushing BTC Ahead Last Halloween, Rodgers – who plays as a quarterback for the Green Bay Packers in Wisconsin – released the following message on social media: I believe in bitcoin, and the future is bright. That’s why I’m teaming up with Cash App to take a portion of my salary in bitcoin today. To make...

Popular fast food chain Burger King is looking to get involved in the crypto craze through a new contest it’s hosting. Burger King and Crypto… A Solid Match? The restaurant is partnering with trading platform Robinhood to give customers the chance to begin investing in crypto or add more units to their portfolios. The contest is set to last through November 21 of this year, and customers can win an assortment of prizes including several units of Doge or single units of...

Michael Saylor – the man behind software firm MicroStrategy – has become a certified BTC billionaire. Saylor Has a Lot of Bitcoin Both Saylor and his company have done remarkable well when it comes to bitcoin investments. MicroStrategy has continued to invest in the world’s number one digital currency by market cap, adding approximately 9,000 individual units during the September quarter alone. Overall, MicroStrategy owns about 114,000 units of BTC at press time, all of...