El Salvador has been considered a tourist hotspot but the industry suffered following the pandemic and a measure of social instability. Bitcoin is changing the narrative for the Tom Thumb …
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The third-Largest Bitcoin whale has gone on a record & bought $375 M worth of BTC in 11 days
In a matter of two weeks, one of the largest BTC whales has accumulated more than 6,600 coins as the price of the asset has declined by more than 10% …
MoreBitcoin (BTC) beats gold as the most preferred asset by fund managers
Covid resurgence has contributed to the risk-averse sentiment seen in the gold market, which is now trading just over $1,840 in an effort to bounce back from an eight-day low of …
MorePresident Joe Biden has picked Jerome Powell to be the next Fed chair
President Joe Biden has tapped Jerome Powell to serve another four-year term as the chair of the Federal Reserve System’s Board of Governors. In a Monday announcement, the White House announced President …
MorePhunware buys 398 Bitcoin for approximately $23.8 million in cash
Phunware, an enterprise cloud platform for mobiles bought 398 bitcoin for approximately $23.8 million in cash at an average price of approximately $59,917 per bitcoin, inclusive of fees and expenses, …
MoreEl Salvador plans on building the world’s first “Bitcoin City” to be powered by one of the volcanoes
El Salvador — the first country in the world to adopt Bitcoin as legal tender in September — plans on building the world’s first “Bitcoin City,” an entire city to be funded …
MoreInstitutional managers bought the dip as cryptocurrency funds see $154 million in weekly inflows
Institutional investors were unfazed by the recent correction in the cryptocurrency markets, as digital asset funds dedicated to Bitcoin and Ether continued to grow, according to data from CoinShares. Crypto …
MoreHillary Clinton: “Bitcoin is able to destabilize global currencies”
Former Secretary of state under the Obama administration, Hillary Clinton, has come out strongly against bitcoin and cryptocurrency, citing its threat to the dollar’s status as a reserve currency, at …
MoreBitcoin (BTC) reclaims $60,000 level after brief drop
Bitcoin, the number one cryptocurrency by market capitalization, touched the pivotal $60,000 level once again at 5:02 p.m. UTC on the Bitstamp exchange. Bulls, however, are struggling to gain footing above …
MoreEl Salvador is set to Buy $500 M Bitcoin, taps crypto market for government bonds, plans Bitcoin city
El Salvador is set to become the first country in the world to issue government debt, backed by its economy and taxpayers, on the bitcoin market. This will mark the …
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