Bitcoin soared through much of 2021, helped on by the likes of Tesla TSLA and El Salvador embracing the cryptocurrency (though Tesla CEO Elon Musk is increasingly backing the meme-based dogecoin). Sub...
Tag: Bitcoin
Rio De Janeiro Plans To Buy Bitcoin With City’s 1% Reserve; Tax Discounts Also To Be Offered
Brazil’s second most populous city, Rio de Janeiro, is all set to buy Bitcoin with 1% of the city’s treasury reserves, said Eduardo Paes, the city’s mayor. Rio will be the first-ever Brazilian city to...
Brazilian mayor to reportedly invest 1% of city reserves in Bitcoin
Eduardo Paes, mayor of Brazilian city Rio de Janeiro, wants to allocate 1% of the city’s treasury into Bitcoin (BTC), Cointelegraph Brazil reported. Paes reportedly announced plans for “Crypto Rio,” o...
Fidelity expects the acquisition of Bitcoin by more Sovereign nations in 2022
The year 2021 proved to be a benchmark as cryptocurrency landed into the mainstream. China might go into loss of wealth and opportunity after its ban on the entire cryptocurrency ecosystem. Fidelity b...
Cardano Beats Solana And Bitcoin As Most Preferred Ethereum Alternative ⋆ ZyCrypto
Advertisement     Cardano has emerged as the most preferred ETH alternative for transactions and savings by crypto users around the globe. This is according to a Twitt...
Strike App Faces Problems In Argentina; Does Not Support Bitcoin, Claim Users
The lightning payments app Strike made quite a buzz by starting its operations in the South American country of Argentina this week. But now, it has come under criticism from many users on Twitter com...
Crypto Could Soon Pose Risks to Countries’ Financial Stability – Regulation Bitcoin News
Economists at the International Monetary Fund (IMF) say that “crypto assets are no longer on the fringe of the financial system.” In addition, they “could soon pose risks to financial stability especi...
Bitcoin dips below $42K as new forecast says breakout ‘most probable outcome’ for BTC price
Bitcoin (BTC) returned closer to $40,000 on Thursday as $44,000 resistance proved too much for bulls to overcome. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Buying another dip Data fr...
Bitcoin Miner Rhodium’s Planned IPO Values It at Up to $1.7B
Bitcoin miner Rhodium Enterprises plans to offer 7.69 million shares at $12-$14 each in an initial public offering (IPO), according to its U.S. Securities and Exchange Commission (SEC) filing. After t...
Bitcoin Price Prediction: BTC/USD Moves Around $43,000
Bitcoin Price Prediction – January 15 The Bitcoin price prediction shows that BTC keeps moving within the moving averages as the coin ready for the next direction. BTC/USD Long-term Trend: Bearish (Da...
Cardano Beats Solana And Bitcoin As Most Preferred Ether Alternative ⋆ ZyCrypto
Advertisement     Cardano has emerged as the most preferred ETH alternative for transactions and savings by crypto users around the globe. This is according to a Twitt...
Uruguay reportedly installs its first Bitcoin ATM
Uruguay has reportedly installed its first Bitcoin (BTC) ATM, making it the 11th South American country to publicly encourage crypto adoption. Prior to Uruguay’s involvement, South America hosted 79 A...
Bitcoin Reaches Completion of Its Death Cross as Price Dips Below $43K
As seen on the TradingView chart, Bitcoin is reaching the completion of its death cross. The Bitcoin price is presently trading at $42,631 after dipping to lows of $42,325 on Jan. 13. Death Cross #bit...
First Cryptocurrency ATM Reportedly Installed in Uruguay – Emerging Markets Bitcoin News
The ostensible first cryptocurrency ATM machine has been installed in Uruguay, developed as a joint initiative between Urubit and Inbierto, two national crypto companies. This represents a milestone f...
Bukele’s Bitcoin trade raises El Salvador’s sovereign credit risk: Moody’s
El Salvador’s historic embrace of Bitcoin (BTC) could have negative consequences on the country’s sovereign credit outlook, according to Moody’s Investors Service. Moody’s analyst Jaime Reusche told ...
Satoshi-Era Bitcoin Wallets Have Become Least Active in History of BTC Network
Arman Shirinyan Old Bitcoins are still remaining calm as the crypto market shows more volatility Contents Where do “old coins” move when they do? Younger coins remain more active Bitcoin w...
Bitcoin, Binance Coin, Terra LUNA, and Chainlink Daily Price Analyses – 14 January Roundup
TL;DR Breakdown After the short-lasting bearishness, the global crypto market is reviving, gaining 1.35% in the last 24 hours. The bitcoin price has also improved, added 0.73% in the last 24 hours. Bi...
Inflation, Omen Of Creative Destruction
Inflation is now running at the unconscionable rate of 7 percent per year. In the bad old days of the 1970s and the early 1980s, consumer price increases were regularly in the double digits. Inflation...
North Korean Hackers Stole $400 Million in Cryptocurrency Last Year — Ether Accounts for 58% of Stolen Funds – News Bitcoin News
North Korean hackers stole cryptocurrency worth about $400 million last year in at least seven major attacks on crypto platforms. “Only 20% of the stolen funds were bitcoin … And for the first time ev...
India could soon launch a Bitcoin and Ethereum ETF
India seems to be changing its harsh stance on digital assets. The country could soon launch its first Bitcoin and Ethereum futures exchange-traded fund(ETF), which is a positive sign, given that a cr...
Majority Expect Bitcoin Price to Reach $60K or More This Year – Featured Bitcoin News
Global investment bank JPMorgan has asked its clients what they think the price of bitcoin will be by year-end. Among the bank’s clients who responded, 55% expect the price of bitcoin to end the year ...
Cardano, Solana, Bitcoin Emerge As Ethereum’s ‘Most Preferred’ Substitutes, According To Vitalik Buterin’s Poll ⋆ ZyCrypto
Advertisement     Ethereum’s co-founder, Vitalik Buterin, took to Twitter a few hours ago to find out from the Ethereum community what their ‘most preferred’ substitut...
One in Four Businesses Surveyed Plan to Accept Cryptocurrency Payments This Year – Featured Bitcoin News
Payments giant Visa has conducted a survey of small businesses and found that almost a quarter of those who responded plan to accept cryptocurrency payments this year. “I think more people are feeling...
Here’s What Next for Bitcoin, Ethereum and These Two Altcoins, According to Crypto Analyst Justin Bennett
Cryptocurrency trader Justin Bennett is revealing where he sees Bitcoin (BTC), Ethereum (ETH) and two altcoins heading in the coming days and weeks. Starting with Bitcoin, Bennett tells his 7,820 YouT...
Bitcoin won’t witness a recovery until this happens
The recovering market is slowly losing its strength since the overall crypto market led by the king coin Bitcoin itself made barely any difference in the last seven days. Bitcoin in a rut Last week ...
British Lawmakers Say a CBDC Is Likely to Hurt Financial Stability — Digital Pound Benefits Overstated – Fintech Bitcoin News
According to British lawmakers, a central bank digital currency (CBDC) is likely to raise the cost of borrowing while hurting financial stability. They insist the touted potential advantages of a digi...
Strike App Won’t Support Bitcoin in Argentina
One Argentinian user, Nicolás, told CoinDesk the app can receive bitcoin payments but immediately converts the cryptocurrency to USDT. He said the Strike wallet only holds USDT. Another Strike user in...
“Twitter Philanthropist” Expects Bitcoin to Go Down
Alex Dovbnya The heir of the late construction mogul William Pulte says that Tesla and Bitcoin could both go down over the next six months Michigan millionaire Bill Pulte, the grandson of the late con...
Northwest Arkansas Offers $10,000 in Bitcoin to People Who Settle in The Region
The Northwest Arkansas Council has stepped into the world of crypto by giving away $10K worth of bitcoin to professional workers. The only condition: they have to settle in the region. Move-in and Get...
Veteran Trader Tone Vays Updates Outlook on Bitcoin After Top Crypto Breaks Above $42,000
Veteran trader Tone Vays says he’s remaining bullish on Bitcoin (BTC) despite the top crypto’s momentum oscillators showing weakness. In a new strategy session, the seasoned crypto analyst tells his 1...
Stacks ecosystem becomes #1 Web3 project on Bitcoin
On the first anniversary of the launch of Stacks blockchain (STX), which seeks to make Bitcoin (BTC) programmable, the network achieved over 350 million monthly API requests, 40,000 Hiro (development ...
Bitcoin Holding Support Above $42K; Resistance at $45K-$47K
Bitcoin (BTC) buyers are attempting to reverse a two month-long downtrend. The cryptocurrency declined by roughly 30% from an all-time high near $69,000 in November, and now technical indicators sugge...