The narrative that Bitcoin should have increased in value in reaction to Russia’s invasion of Ukraine is one that many in the crypto space anticipated, but the reverse has occurred on February …
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Number of Bitcoin (BTC) HODLers reaches a new record high despite crypto market bloodbath
The supply of Bitcoin held for more than half a year has reached a record high, according to Glassnode. The metric indicates that the majority of investors that purchased the cryptocurrency …
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El Salvador tourism increases 30% since Bitcoin (BTC) became legal tender
El Salvador’s decision to make bitcoin legal tender has paid off as far as tourism is concerned. The law has increased tourism by 30%, according to local media reports on Feb 21. …
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Mexican billionaire Ricardo Salinas Pliego says: Buy Bitcoin today, and thank him later
Recently, Mexican billionaire Ricardo Salinas Pliego recommended investors to purchase bitcoin “immediately.” He asserted that bitcoin is the “new gold” and that the United States is increasingly becoming like an …
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Pro-Bitcoin Salvadoran President Nayib Bukele to offer citizenship for foreign investors
Salvadoran President Nayib Bukele wants to offer citizenship to those who invest in the small Central American nation. President Bukele took to Twitter to inform the crypto community on Sunday …
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Bitcoin (BTC) wallet rejects Canada’s Court demand to freeze funds citing technically impossible
Truckers protesting against Covid-19 restrictions in Ottawa over the last couple of weeks has resulted in numerous demonstrators having their bank accounts frozen, as well as Canada’s Prime Minister Justin …
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Wyoming Senator: “Federal reserve should add Bitcoin to its balance sheet in the future”
Wyoming Senator Cynthia Lummis thinks the Federal Reserve should add Bitcoin (BTC) to its balance sheet once the top crypto asset becomes more regulated. Lummis spoke this week at a webinar hosted …
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The US inflation breaks 40-year record. Can Bitcoin (BTC) serve as a hedge asset?
On Feb. 9, the United States Bureau of Labor Statistics reported that the Consumer Price Index, a key measure capturing the change in how much Americans pay for goods and services, has …
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Investment giant Fidelity’s macro global director says Bitcoin (BTC) and Apple have a similar growth path
Jurrien Timmer, the Director of Global Macro at investment giant Fidelity has said despite Bitcoin’s recent lows and highs, the cryptocurrency has a similar growth path to Apple. Through his Twitter …
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Fidelity International rolls out Europe’s cheapest physically-backed Bitcoin spot ETP
Investment management giant Fidelity International has launched a spot Bitcoin exchange-traded product (ETP) in Europe, marking the company’s entry into the region’s crypto space. The Fidelity Physical Bitcoin ETP (FBTC), …
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