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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30 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 …
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. …
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 …
MoreFirst-ever Middle Eastern Bitcoin fund launches in Dubai
The Bitcoin Fund has been listed on the Nasdaq Dubai by 3iQ Corp, Canada’s largest digital asset investment fund manager. The fund is the first of its kind in the …
MoreCathie Wood’s ARK to buy the Bitcoin dip
While Bitcoin’s recent dip below $30,000 made even some of the most ardent bulls panic, Cathie Wood’s ARK Investment Management bought the dip. The ARK Next Generation Internet ETF purchased …
MoreBitcoin should be in every portfolio, says Mexico’s third richest man
For Ricardo Salinas Pliego, Bitcoin is an asset that should be in every investment portfolio, and he already has his stash. The arrival of the death cross does not seem …
MoreBitcoin (BTC) is becoming more popular in the UK, but few people understand it
The latest data revealed that 78% of the UK residents have heard of cryptocurrencies, as 2.3 million of them hold some of them. Nonetheless, the overall understanding of digital assets …
MoreBitcoin whales started selling as BTC dipped to $37,000
Bitcoin continues to gradually lose value with another price slump to around $37,000. Most alternative coins are also suffering, with ETH dipping beneath $2,400 and BNB close to dropping below …
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