Bitcoin

Fancy a Bitcoin mined via volcano? El Salvador is making

A geothermal pit dug beside a volcano will help power Bitcoin mining operations in El Salvador, the country’s president said in a tweet last night. “I’ve just instructed the president of  @LaGeoSV (our state-owned geothermal electric company), to put up a plan to offer facilities for Bitcoin mining with very cheap, 100% clean, 100% renewable, […]Read More

Bitcoin

A top Bitcoin whale picked up 3,706 BTC amidst brutal

A top Bitcoin whale picked up 3,706 BTC amidst brutal dip, data shows Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Edge › Bitcoin › Investments BTC whales step up at a time when market uncertainty remains fearful. Samuel Wan · June 10, 2021 at 2:00 […]Read More

Bitcoin

US investors made over $4 billion trading Bitcoin last year

A recent report from cryptocurrency analytics firm Chainalysis has shown that quite a number of countries made massive gains in their Bitcoin investments when compared to their traditional economic rankings. US Bitcoin investors lead gains The report broke down the estimated gains made by countries in 2020. What this means is that countries that could […]Read More

Bitcoin

Mexico, too, wants to jump on the crypto train as

Federal government of Mexico representative, Eduardo Murat Hinojosa announced on Twitter he is taking action to push forward Bitcoin and crypto adoption in the country. “I will be promoting and proposing a legal framework for crypto coins in Mexico’s lower house,” said Hinojosa, explicitly mentioning Bitcoin in a tweet.   Voy a promover y proponer ante […]Read More

Bitcoin

El Salvador’s relationship with the IMF turns complicated after new

The International Monetary Fund (IMF), a global intergovernmental organization that supports economic structures and finance in the world, is set to hold talks with El Salvador after it passed a Bitcoin bill today. The issue with accepting Bitcoin As per Reuters, El Salvador is already nursing a strained relationship with the IMF amidst difficult economic […]Read More

Regulation

Bitcoin is now ‘legal tender’ in El Salvador

A Bitcoin bill aiming to make the world’s cryptocurrency classified as ‘legal tender’ has “a 100% chance” to passed by the Congress in El Salvador, President Nayib Bukele said today. Bukele’s party has 64 out of 84 seats and is going through the bill, but Bukele says he will sign off on the law “later […]Read More

Bitcoin

PayPal processed nearly $2 billion worth of Bitcoin, Ethereum, and

PayPal’s custodian of crypto funds, itBit, traded over $2.1 billion worth of Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and PAX in May, according to data provided by analytics tool Nomics. Owned by Paxos, itBit is a crypto exchange that provides liquidity for PayPal, a US company operating an online payments system that entered into the crypto […]Read More

Bitcoin

NHL team San Jose Sharks to accept payments via Bitcoin,

Famous NHL’s San Jose Sharks has joined a list of very few sports teams globally that accept cryptocurrencies like Bitcoin, Dogecoin, and Ethereum for transactions, according to an announcement made by the club’s President, Jonathan Becher. The team will be partnering with crypto payments Bitpay to make the move possible. Crypto for the sharks According to […]Read More