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The French icon in house music, David Guetta, listed his exclusive beachfront apartment on Miami Beach for $14 million. Apart from fiat currency, he would also accept bitcoin (BTC) and ether (ETH) as a payment method. A Seaview in Exchange for Crypto In the crypto-friendly city of Miami, the renowned DJ David Guetta put a selling price of $14 million for his exclusive three-bedroom 2521 square foot oceanfront apartment. The potential buyer would have the option to pay using...

El Salvador’s decision to become the first country to make bitcoin a legal tender within its borders has caught the attention of the world. The global Google searches with the name of the small Central American nation have gone through the roof towards a new yearly high. What Happened in El Salvador in a Week With a population of around 6.5 million (as of 2019), El Salvador is a relatively small country located in Central America that has Honduras, Guatemala, and the Pacific...

Following El Salvador’s move to adopt bitcoin as a legal tender in the country, Wall Street giant JPMorgan seems not to be impressed by such a monumental decision from the Central American nation. JPMorgan Comments on El Salvador’s Bitcoin Move In a recent note to investors, as tweeted by Financial Times correspondent Robin Wigglesworth, JPMorgan commented that the recent move made by El Salvador to make bitcoin legal tender was growth-oriented. However, the American...

After yesterday’s price declines, bitcoin has calmed around the $35,000 price line. Most alternative coins are also somewhat stagnant on a 24-hour scale, aside from Polygon (MATIC). The asset has spiked by double-digits to $1.4. Minor Recoveries Among Alts: Polygon 15% Up The weekend didn’t start all that well for the altcoins market. The biggest altcoin, Ethereum, had already retraced from $2,600 to $2,500 before it went even further south to $2,250. Since then, ETH found...

With the recent increase in Bitcoin adoption, the Texas Department of Banking has confirmed that Texas state-chartered banks will now be allowed to store BTC and other cryptocurrencies for their clients. Texas Banks to Hold Bitcoin In an official notice issued Friday, the regulator noted that state-chartered banks can provide crypto-related services to their clients as long as they have “adequate protocols in place to effectively manage the risks and comply with applicable...

The CEO and founder of Barstool Sports – Dave Portnoy – admitted that at the beginning, he thought Bitcoin was a ”Ponzi scheme.” Eventually, he changed his stance and even opposed Donald Trump, who called the primary cryptocurrency a ”scam.” Trump Is Wrong In a recent interview for ”Varney & Co,” the founder of Barstool Sports – Dave Portnoy – shared his current view on bitcoin and the crypto market. He revealed that years ago, when the primary digital asset was...

Some worrying signs are starting to appear for bitcoin’s price, at least in a short-term time frame. That’s according to a well-known analyst. The price for BTC has been wobbly recently, with it being unable to decisively break out in any direction. Last week, we saw bitcoin dipping as low as $31K only to recover and touch $38,500 days later. Now, however, the primary cryptocurrency is trading at around $35,500 for a 4% loss on the day. Commenting on the most recent price...

After riding high for a few days, the bitcoin bears have regained control and pushed down the asset by a few thousand dollars to around $35,000. Most alternative coins have suffered even more severely, with ETH down to $2,300 and BNB to $330. Bitcoin Falls to $35K Bitcoin performed rather well in the past few days following bullish news from El Salvador, India, and some large corporations wanting to get a piece of the cryptocurrency pie. BTC spiked to a six-day high at...

Kraken is reevaluating its plans on how to go public next year after Coinbase’s unimpressive performance, said the exchange’s CEO – Jesse Powell. Instead of taking its competitor’s method of a direct listing, Kraken could go down the initial public offering road. Kraken Rethinks Going Public Plans The largest US cryptocurrency exchange – Coinbase – made the news in mid-April when it became a publicly-traded company after a direct listing on Nasdaq. The move, perceived by many...

The past seven days, despite being intensive in terms of important news, were less than exciting when it comes to pricing. Most of the cryptocurrencies experienced substantial losses. Bitcoin, unlike the majority of altcoins, performed relatively well in comparison. It’s still down about 5% on the week, but its market dominance has increased to about 44%, which is a considerable improvement. The downward pressure started last Saturday when the price tanked from about $38K...