Rio de Janeiro mayor plans to invest 1% of the city’s treasury in bitcoin

Eduardo Paes, mayor of Rio de Janeiro, intends to invest 1% of the city’s treasury reserves in bitcoin. Brazil’s top newspaper O Globo reported the news on Thursday, citing Paes’s co...

Tesla Billionaire Elon Musk Has Suddenly Sent The Dogecoin Price Sharply Higher As Bitcoin Struggles

Dogecoin, the meme-based bitcoin rival that saw huge growth through 2021, has soared after Elon Musk revealed doge can now be used to buy Tesla TSLA merchandise. Subscribe now to Forbes’ CryptoA...

Bitcoin Tapping $100,000 is Reasonable, Says OKCoin Exchange CEO

According to Hong Fang – Chief Executive Officer of the US cryptocurrency exchange OKCoin – bitcoin’s price could surge past $100K. However, there are a lot of elements that play in the short-term, me...

President Bukele Has Lost Over $11 Million Trading Bitcoin For El Salvador ⋆ ZyCrypto

Advertisement &nbsp &nbsp The Bitcoin experiment by El Salvador President Nayib Bukele has purportedly put a big dent in the Central American nation’s pocket so far. This was ...

NYCB and Group of Banks Join to Launch USDF Stablecoin – Bitcoin News

A group of U.S.-based banks is launching their own stablecoin, USDF. The stablecoin will be issued by the USDF Consortium, which will allow its members (financial and banking institutions) to issue US...

Credit Rating Agency Moody’s Sounds Alarm on El Salvador’s Bitcoin Policy

El Salvador’s poor sovereign credit outlook is being exacerbated by the country’s Bitcoin trades, according to Moody’s Investors Service and per Bloomberg.  According to Moody’s analyst Jaime Re...

Congress Introduces A Game-Changing Crypto Bill As The Price Of Bitcoin, Ethereum, BNB, Solana, Cardano, XRP Sinks

The tide in the crypto market has turned. Today the bitcoin price sank 4%. The price of the second-largest crypto, ethereum, is down 3.5%. Meanwhile, the BNB price slipped 1.9%, cardano 3.3%, XRP 3.4%...

Rio de Janeiro’s Mayor to Invest 1% of The City’s Treasury in Bitcoin

Eduardo Paes – the mayor of Rio de Janeiro – intends to allocate 1% of the city’s Treasury in bitcoin. If he proceeds, the megapolis will become the first Brazilian city to purchase the primary crypto...

Learn to Play Bitcoin Casino Games at Top Betting Sites

If you’re a huge fan of cryptocurrencies, how come you haven’t tried betting with Bitcoin yet? Perhaps you have but just aren’t sure of the steps you need to take to get started? Whatever the reason, ...

Massive Ethereum Whale Begins Accumulating Four Altcoins As Bitcoin and Crypto Markets Recover

One mega-whale just went on an altcoin shopping spree to the tune of $30.6 million. The blockchain-transaction tracker WhaleStats reveals that the Ethereum whale wallet named Light bought 399,999 OMG ...

Revolut Launches Banking Services in Spain Featuring Deposit Insurance – Fintech Bitcoin News

Revolut, a leading fintech platform and neobank, has received a special banking license to operate in Spain. User deposits are now insured up to €100K, with the coverage being provided by Deposit and ...

How to Sell Bitcoin – Learn How to Sell Bitcoin

Although each platform handles payments a little differently, the process is essentially the same. First, you need to register as a seller on any of these platforms and then set up your sell order. Yo...

Rio de Janeiro Plans to become “Crypto Rio” by Storing Part of its Reserves in Bitcoin

Following in the footsteps of Miami, Brazilian city Rio de Janeiro plans to enter the crypto space by having 1% of its reserves in Bitcoin. Speaking during Rio Innovation Week, Mayor Eduardo Paes reve...

Russia’s Tinkoff Bank Enters Crypto Space Through Swiss Company Acquisition – Finance Bitcoin News

The Russian neobank Tinkoff is joining the world of cryptocurrencies with the purchase of a stake in Aximetria, a Swiss-registered and licensed company which provides clients around the world with ser...

Bitcoin hash rate jumps to ATH as Jack Dorsey confirms Block’s mining system

Bitcoin (BTC) hash rate has returned to all-time highs despite losing a key hash rate contributor. Meanwhile, amid lackluster price action, Block CEO Jack Dorsey confirmed the creation of an open Bitc...

Why China’s crackdown on mining is actually good for Bitcoin

China’s crackdown on Proof-of-Work mining last year tested the security of the Bitcoin network and showed that it was far more resilient than once thought. Analysts expected that it would take more th...

El Salvador’s Bitcoin Fortune Nosedives with At Least $11M Loss: Bloomberg Analysts

The crypto market has been limping based on massive liquidations, affecting retail and institutional investors. El Salvador has also been on the receiving end with a loss of more than $11 million, giv...

Near Foundation Raises $150 Million to Bolster Web3 Adoption – Altcoins Bitcoin News

On Thursday, the Near Foundation announced the project has raised $150 million from strategic investors such as Three-Arrows Capital, a16z, Mechanism Capital, Dragonfly Capital, and Circle Ventures. F...

Cardano or Bitcoin? Vitalik Buterin Asks Ethereum Community to Pick Top Alternative

Alex Dovbnya The Ethereum community has picked the most viable alternatives via a Twitter poll posted by Vitalik Buterin Russian-Canadian programmer Vitalik Buterin has taken to Twitter to determine w...

Dorsey’s Payments Firm Block Starts to Begin Mining Bitcoin

Block Inc, formerly known as Square, will begin mining Bitcoin with its mining system based on custom silicon and open source for individuals and businesses worldwide. Block’s co-founder Jack Do...

Jack Dorsey’s Block to Build Open Bitcoin Mining System

The popular payments company, formerly known as Square, is venturing into the Bitcoin mining business, as confirmed by the boss in a tweet on January 14. Block’s general manager for hardware, Thomas T...

Bitcoin Cash Analysis: Bulls Aim Break above $400

Bitcoin cash price started a fresh decline from the $450 resistance against the US Dollar. The price is now trading below the $400 zone and the 55 simple moving average (4-hours). There was a break ab...

India’s First Bitcoin and ETH ETF to Be Launched by Torus Kling Blockchain

Yuri Molchan India intends to kickstart its own Bitcoin and ETH ETF in full compliance with the law Contents India to launch its own BTC and ETH ETF The first U.S. Bitcoin ETF becomes a loser Torus Kl...

Bitcoin Death cross Incoming! Sell off or a Bull run, What’s Next for BTC Price – Coinpedia – Fintech & Cryptocurreny News Media

Bitcoin (BTC) is regaining ground after briefly passing the $40,000 support level on January 10 for the first time since September 2021, reaching lows of $39,650.  For the third day in a row, the pric...

Bitcoin ETF Launch Hype Fades as Funds Slip in Value, BTC Futures Open Interest Down 38% in 2 Months – Finance Bitcoin News

Following the charged-up debut of the Proshares bitcoin exchange-traded fund (ETF), Valkyrie’s bitcoin futures ETF and the Vaneck bitcoin strategy ETF, interest in these types of funds seems to have f...

El Salvador’s BTC Sees An Erosion Of Values Worth $12 Million In Public Funds

El Salvador was the first nation that had decreed that Bitcoin was a legal currency. However, the move has not been very successful in the country, and things are turning to worse in 2022 with the val...

Meet the Bitcoin Legal Defense Fund

This episode is sponsored by Nexo, Abra and FTX US. Download this episode On today’s episode, NLW covers: The new Bitcoin Legal Defense Fund from Jack Dorsey and others Crypto nugg...

Bitcoin, Ethereum, Shiba Inu, Algorand Daily Price Analyses – 13 January Roundup

TL;DR Breakdown The global crypto market impeded by new changes lost 2.22% in the last 24 hours. Bitcoin also reverses its progress, loses 2.41% in the last 24 hours. Ethereum’s fate is no different f...

Block Inc’s Jack Dorsey Announces Open Bitcoin Mining System for All

Block Inc Jack Dorsey confirmed on Thursday, January 13, that the company is building an open Bitcoin mining system that reduces the entry barrier in Bitcoin. The new open Bitcoin mining system will b...

Bitcoin Price Starts Corrective Decrease, Can Bulls Protect Losses

Bitcoin extended increase above the $44,000 level against the US Dollar. BTC is correcting losses, but it might find support near the $42,000 support zone. Bitcoin climbed further higher above $44,000...

Fidelity expects more sovereign nations to acquire Bitcoin in 2022

In a recent report, Fidelity said that there was a high chance for more sovereign nation-states to acquire Bitcoin this year. According to the asset manager’s 2021 roundup, last year was marked with o...

BTC/USD Retreats; Could it be a Recovery to $45,000 Level?

Bitcoin Price Prediction – January 12 The Bitcoin price prediction reveals that BTC slumps below the resistance level of $44,071 as further downside momentum may play out. BTC/USD Long-term Trend: Bea...