The layer two (L2) Ethereum scaling project Optimism has announced the launch of Optimism Collective, “a large-scale experiment in digital democratic governance” managed by the newly created Optimism ...
Category: Bitcoin
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Central African Republic officially adopts Bitcoin as legal tender
The Central African Republic (CAR) has officially adopted Bitcoin as legal tender, according to the president’s office, making it the world’s second nation to do so after El Salvador. President Fausti...
Central African Republic Introduces Bitcoin as Legal Tender
Key Takeaways The Central African Republic has introduced Bitcoin as a legal tender, the president’s office has confirmed. The Central African Republic is the second country in the world after E...
Fort Worth Could Start Mining Bitcoin in ‘Crypto-Friendly’ Bid
The Fort Worth City Council may begin mining Bitcoin on loaner rigs from the Texas Blockchain Council. The vote, scheduled for tomorrow, would officially declare the city “crypto-friendly” and set up...
A city in Texas will mine Bitcoin
The city of Fort Worth, Texas, will mine Bitcoin using three ASICs donated by the Texas Blockchain Council. Texas Blockchain Council donates three ASICs for Bitcoin mining The city of Fort Worth, Texa...
Texas City Fort Worth Becomes First Government to Mine Bitcoin in the US
The adoption of Bitcoin has become more significant at the city level in the United States. Fort Worth, a city in Texas State, announced Tuesday that it has become the first city to mine Bitcoin in th...
Bitcoin Moving To Greener Pastures? 60% Of Mining Is Now Sustainable
Bitcoin is finally moving away from what many consider its Achilles heel, its reliance on non-renewable sources of energy. According to the Bitcoin Mining Council’s latest quarterly survey, the bitcoi...
$4,200,000,000,000 Asset Management Giant Set To Offer Bitcoin 401 (k) Plans This Year: Report
A new report says that asset management giant Fidelity Investments will allow participants of its company-sponsored retirement accounts to put a portion of their savings into Bitcoin (BTC). According ...
Bitcoin’s Derivative Data Suggests Potential for ‘Short Squeeze’
Most of these could be short positions, according to data tracked by Laevitas shows the funding rate – the cost of holding long/short perpetual futures positions – has been consistently neutral-to-neg...
Dual Bitcoin-Gold ETP to Start Trading in Europe
Key Takeaways A new ETP will let investors go long on both physical gold and Bitcoin in a single fund. The 21Shares ByteTree Bold Index ETP outperformed both the S&P 500 and the NASDAQ 100 in back...
Polkadot (DOT) Price To Surge 3x If Bitcoin (BTC) Price Find Pace At This Range
The month of April has been very harsh on the cryptocurrency market. Since the start of the month, the cryptocurrencies are struggling to find a stable bull run and with this the global cryptocurrency...
How Stagflation Could Trigger Global Bitcoin Adoption
Stagflation can be defined as a prolonged period in which an economy experiences persistently high inflation, high unemployment rates, and stagnant aggregate demand. It is a period where central banks...
Bitcoin Price Analysis: BTC Struggle Continues Below $40K
Bitcoin price extended decline below the $38,000 zone against the US Dollar. The price is now trading below $39,000 and the 55 simple moving average (4-hours). There is a major bearish trend line form...
Bitcoin Tanks After News of Musk’s Twitter Acquisition
Despite maintaining its position as the top blockchain contender for 2022, Bitcoin has a lot of upcoming challenges on its way. Elon Musk is a popular name that can disrupt or create a shortage of tok...
Bank of Spain Report Warns About Cryptocurrency Usage and Its Effect on Financial Stability – News Bitcoin News
The Bank of Spain has issued a new report that touches on the subject of the popularity of cryptocurrency usage and the possible effects it might have on the financial stability of the nation. In the ...
Top Three Cryptocurrencies to Watch This Week: BTC, ETH, APE
The past week was termed “unfruitful” as most cryptocurrencies failed to record any significant increase. The crypto market opened the timeframe at $1.8 trillion and peaked above $1.9 trillion. Unfor...
First African Country Is a Step Closer to Adopting Bitcoin
The Central African Republic (CAR) passed a bill that formally adopts Bitcoin as legal tender. This means that cryptocurrencies may be recognized as means of payment. Many countries see cryptocurrenci...
Fidelity, pension plans in Bitcoin
Fidelity Investment, the world’s fourth-largest pension fund manager, stated on Tuesday that it will allow people to allocate part of their retirement savings in Bitcoin through their investment plans...
Bloodbath in Crypto Space is Imminent, Will Bitcoin(BTC) Price Stand Above All Odds to Reach $50,000?
Bitcoin price again registered one of the steepest bearish candles in the previous day after being rejected at $40,000. The price corrected more than 6% and still finding strong bullish support to rec...
Mexican Senate building gets its own Bitcoin ATM as the country braces to regulate crypto
As cryptocurrencies become more adopted around the world and the number of crypto ATMs increases despite crackdowns, Mexico has gotten another Bitcoin ATM – this time in its Senate building. Indeed, a...
Bitcoin Cash [BCH]: The how of where a profitable rebound is possible
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice After propelling a fall below Bitcoin Cash (BCH)’s multi-year long...
City of Fort Worth votes in favor of Bitcoin mining program
Fort Worth, Texas has launched a pilot program to mine Bitcoin in partnership with the Texas Blockchain Council. In a Tuesday city council meeting, Fort Worth approved a resolution to start running th...
Argentinian Tax Agency Supports Creation of Global Crypto Report System to Avoid Evasion – Taxes Bitcoin News
The AFIP, the Argentinian tax agency, is supporting the creation of a centralized system that serves as a registry for cryptocurrency holders. According to statements from its head, this would make it...
More Bitcoin and Ethereum Traders Are in Profit Despite Pullback
Tomiwabold Olajide Profitability of lead cryptocurrencies Bitcoin and Ethereum remains higher than average Recent data from IntoTheBlock suggests that more Bitcoin and Ethereum traders are in profit d...
A response to the claim “dark tetrad” personality types are drawn to Bitcoin
Researchers from the Queensland University of Technology recently published a study on the dark tetrad personality and cryptocurrency attitudes. They found dark tetrad personalities “like” Bitcoin and...
Bitcoin Mining Council Publishes Q1 2022 Survey Results, Confirming key Improvements
A recent Bitcoin Mining Council Survey shows that its constituent mining companies and other survey participants use 64.6% sustainable power to run their operations. Bitcoin miners, representing 100.9...
Bitcoin, Binance Coin, Loopring, and Kyber Network Daily Price Analyses – 26 April Roundup
TL;DR Breakdown The global crypto market has taken a sharp turn, shedding 4.98% over the last 24 hours. The changes in the market have affected Bitcoin badly as it shed 5.24% in 24 hours. Binance equa...
Six of 10 Salvadorans Quit Using the Chivo Wallet After Getting the Bitcoin Incentive, Study Shows
According to the report, “Chivo is not being widely used to receive remittances from abroad”. Its figures align with recent reports from the Salvadoran Central Bank, according to which 1.6% of remitta...
Flare (FLR) Platform Develops Bitcoin Bridge to Algorand, Receives Algorand Foundation Grant
Vladislav Sopov Flare (FLR) platform strengthens its presence in multi-chain bridge segment with new grant partnership Contents Flare (FLR) receives Algorand Foundation Bridges SupaGrant Growing ecosy...
Commentary: The Bitfinex Trading Team On Bitcoin And Dogecoin After Musk’s Twitter Buy
Elon Musk buys Twitter – the latest point of debate for the world. On Monday, the richest man in the world signed a contract to buy the social media platform for $44 billion. The Tesla Boss says he wa...