El Salvador is preparing to hand out $135 million worth of bitcoins to its citizens. Last Thursday, El Salvadorian President Naib Bukele announced that El Salvador’s adult citizens would receive …
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CME Micro Bitcoin futures surpass 1 million contracts as institutional speculation rises
Institutional exposure to cryptocurrencies via derivatives continued to grow in the second quarter, as CME Group’s newly launched Bitcoin (BTC) micro contract received considerable uptick in its first two months …
More30 Bitcoin miners will receive license in Iran amidst BTC hashrate drop
Thirty Bitcoin mining farms in Iran received operational licenses last week as the government softened its stance on the crypto market, local outlet Financial Tribune reported. Bitcoin mining, for the uninitiated, uses up a massive computing …
MoreAthena confirmed plans to bring 1500 Bitcoin ATMs to El Salvador
U.S. company Athena intends to supply El Salvador’s new crypto-based economy with 1500 Bitcoin ATMs, a company representative has confirmed. The rollout will start small, trialing a few dozen machines …
MoreEl Salvador to reveal official Bitcoin digital wallet ‘Chivo’
El Salvador has announced that it will release an official digital wallet for BTC and other currencies, according to a local media report published on June 24. The effort follows the approval …
MoreMillions of people in El Salvador could soon receive free Bitcoin
According to a report by Reuters, El Salvador President Nayib Bukele announced during a national address on Thursday (June 24) that the bill to make Bitcoin legal tender will become effective on September 7. …
MoreElon Musk agrees to have the Bitcoin talk with Jack Dorsey
After laughing at Jack Dorsey’s proposition for a Bitcoin conference earlier, Elon Musk has actually agreed to a BTC conversation with the CEO of Twitter at the event. As reported earlier, Elon …
MoreMike Novogratz: ‘Bitcoin is the “future” for Africa’
Galaxy Investment CEO Mike Novogratz published a tweet calling Bitcoin “the future” for Africa. The post was published in response to a tweet about an essay by HRW chief strategy officer Alex …
MoreBitcoin in uptrend but BTC may never beat gold’s $10T market ca
Bitcoin (BTC) is on a “lower left to upper right trend” and its volatility should not scare investors, the former head of the New York Stock Exchange says. In an interview with …
MoreWhat El Salvador’s volcano-powered Bitcoin mining facility will be look like
As reported by U.Today, Bukele instructed a state-owned electricity company to start working on the project within the same day the idea was casually suggested to him during a live audio …
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