Tag Archives: Bitcoin News

El Salvador was serious when it said it was making bitcoin a legal currency within its borders, and anyone who didn’t believe the nation’s regulators are likely getting a good kick in the pants right about now. El Salvador Is Moving Up the Crypto Ladder The Central American country has begun rolling out bitcoin ATMs to begin allowing individuals to trade their crypto for fiat and vice versa. Thus far, about 200 separate machines have been installed. The country is still...

Jack Dorsey has proven himself to be a major bitcoin fan over the years. Now, he is taking that fandom to a whole new level. Jack Dorsey Is “Trying” Mining The man behind both Twitter – one of the largest social media platforms in the world – and Square, a digital payments platform, announced that he is trying his hand at bitcoin mining. This shouldn’t come as a surprise to anyone who has been monitoring Dorsey’s bitcoin career, as the man was one of the first...

Substack – a content platform backed by Andreessen Horowitz – will allow users to access VIP content in the future granted they pay with cryptocurrency. The content can be accessed utilizing the company’s new payment processor known as Open Node. Substack Is Pushing the Bitcoin Agenda Further This is a big deal in the sense that the firm is now pushing the initial goals of bitcoin and cryptocurrency closer to reality. The fact is that bitcoin and many of its altcoin...

Bitcoin and cryptocurrencies are surging as of late – so much so that the $2 trillion valuation barrier has once again been breached. Not long ago, bitcoin rose back up over the $50,000 mark, and it looks like things are continuing in this bullish train, though BTC has fallen back a bit by about $2,000 at the time of writing. Bitcoin Could Find a New Enemy in Quantum Many technologists are now claiming that the bitcoin software needs to be updated. They warn that if this...

After the embarrassing and heartbreaking debacle last week that occurred in Afghanistan following the heightened incompetence of Joe Biden, news is spreading of the growing presence bitcoin has in the country. Many banks and standard financial institutions have either been shut down or are not presently in working order, and thus several residents are seeking out the aid of BTC and digital assets as a means of surviving. Bitcoin’s Presence Is Growing in Afghanistan One...

PayPal has been big on crypto over the past year, but now the company is pushing its digital currency agenda even further. The company has put out a statement saying that several countries – including the United Kingdom – outside the U.S. will be able to buy, sell and trade digital assets through its platform. PayPal Is Bringing Crypto Trading to the U.K. The new service will allow these countries to invest in four major cryptocurrencies: bitcoin, bitcoin cash, Ethereum...

Jayson Stewart – the mayor of a small, Missouri town – wants to give each of his residents about $1,000 in BTC. Jayson Stewart Has a Big Love of BTC Stewart is the mayor of Cool Valley, Missouri, which presently houses approximately 1,500 people at the time of writing. The costs of the bitcoin giveaway would amount to about $1.5 million, though the mayor thinks it is worth it given the benefits that come with investing in the world’s number one digital currency by market...

Bitcoin is picking up speed. After several months of traveling through the doldrums, the world’s number one digital currency by market cap appears to be moving back up the financial ladder once again. The currency is presently trading for just over $50,000 per unit, meaning it has gained approximately $5,000 over just the past few days alone. Bitcoin Is Moving Back Up Bitcoin has been going through a hard time as of late. The asset – which spiked to a new all-time high...

Bitcoin price gained pace and it cleared the $48,000 resistance against the US Dollar. The price is now trading above $47,000 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $49,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair must stay above the $47,300 support level to continue higher in the near term. Bitcoin price is losing pace above $48,000 against the US Dollar. BTC is...

India has never had an easy time when it comes to crypto, but that hasn’t stopped it from secretly opening its arms to the growing financial space. India Has Moved Far When It Comes to Crypto According to a recent study conducted by blockchain analysis company Chainalysis, India currently ranks second in the 2021 Global Crypto Adoption Index, meaning there is presently only one other country that has done better when it comes to pushing and accepting digital currency...