Bloomberg Intelligence Analyst McGlone believes Bitcoin will reach $100,000 in 2021, with supported factors such as increased adoption, past BTC trading trends, and Bitcoin’s declining supply. “Can bitcoin reach $100,000 in 2021? Five charts show potential- Past bitcoin trading trends and the crypto’s declining supply vs. mainstream adoption suggests a […]
Amid growing adoption, Bitcoin faces yet another hurdle, the possibility of regulators crashing it to the ground according to Bridgewater Associates’ Ray Dalio. “They will kill it” Speaking on the third day of the SALT conference, the finance magnate did not doubt that with the world’s largest cryptocurrency going mainstream […]
El Salvador’s Court of Accounts has received a complaint concerning alleged irregularities in the country’s bitcoin purchases and construction of ATM kiosks, according to a Reuters report on September 17, 2021. More Troubles for Project Chivo El Salvador Court of Accounts, the agency that’s in charge of the nation’s public resources, […]
A group of protesters in El Salvador recently set fire to a Bitcoin ATM as part of a demonstration against President Nayib Bukele’s recent policies, including the adoption of BTC as legal monetary tender. According to a series of tweets by news outlet Teleprensa, a gathering of protestors set fire […]
A bitcoin ATM has been burned and two others damaged during protests on their independence day in San Salvador. Thousands marched generally peacefully but at the plaza in front of the National Palace, the ATM was set on fire. There’s images of a Salvadorian flag being thrown to the fire […]
AMC, America’s biggest theatre chain with some $5 billion in yearly revenue, is to accept ethereum, litecoin and bitcoin cash in addition to bitcoin. Clarifying after their announcement they will accept bitcoin in August, AMC’s CEO Adam Aron said: “Cryptocurrency enthusiasts: you likely know AMC Theatres has announced we will […]
El Salvador has gotten a lot of support from Bitcoin proponents, and major finance players from all over the world since its integration of Bitcoin as a legal tender on the 7th of September. The cryptocurrency community was particularly excited for the inception of the law as the country became […]
New York-based fintech company MoneyLion announced its plan to launch crypto payments services earlier today. Customers on this platform will be able to buy and sell digital assets through its all-in-one financial services application. Embracing Cryptocurrency Payments The clients can round-up debit card purchases in bitcoin as well as buy […]
El Salvador will penalize businesses that refuse to accept Bitcoin as payment El Salvador has finally legalized Bitcoin as a national currency. With the new law comes many changes to the previous money system and the proponents behind the Bitcoin adoption law are working tirelessly to make sure that Bitcoin […]
Bitwise has released yet another investment product on September 9, 2021. According to a release, the investment fund goes by Bitwise 10 ex Bitcoin Crypto Index Fund. The product focuses on introducing investors to digital assets other than Bitcoin. Raising Altcoin Awareness The Bitwise 10 ex Bitcoin Crypto Index Fund […]
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