El Salvador’s largest financial institution Bancoagricola, is accepting bitcoin for various payments and services across its network, in line with the recently implemented Bitcoin Law in the Central American country. Bancoagricola Accepts Bitcoin for Payments   According to a press release on Thursday (September 9, 2021), Bancoagricola partnered with the New […]

Bitcoin crashed by a lot of figures in just a day. No one knows what happened. However, some analysts have come up with a possible reason for liquidating over-leveraged positions on the futures market. Bitcoin is currently trading at $46,400, an 8.92% drop from yesterday. The Futures Market and BTC […]

“Mr. Whale,” the pseudonymous self-acclaimed contrarian cryptocurrency analyst and investor, has accused MicroStrategy of secretly working on a dubious exit strategy for its Bitcoin investment in a recent Twitter thread.  The skeptic also disparaged the enterprise software company’s CEO, Michael Saylor, calling him a “swindler” with a history of frauds […]

While the U.S. is dragging its feet in approving a cryptocurrency exchange-traded fund, Canada, its near neighbor, is leading the way in cryptocurrency ETF adoption. Canada already has around 25 cryptocurrency ETF tickers trading on its Toronto Stock Exchange. On Tuesday, another Canadian launched ETF was in the news as […]

El Salvador has become the first country in the world to buy bitcoin at a state level with its president, Nayib Bukele, stating he bought the dip. “Buying the dip, 150 new coins added,” Bukele said. “It appears the discount is ending… We saved a million in printed paper. El […]

The results that Bitcoin is posting are hard to ignore, even by the most hardened of skeptics. Popular Bitcoin skeptic and gold bull, Peter Schiff has admitted to Bitcoin’s impressive track record against gold, which by implication means he recognizes that there is a chance Bitcoin could unseat gold as […]

Gabriel Silver, a member of the Panamanian Congress, has floated a bill designed to make bitcoin (BTC) and other cryptocurrencies legal tender in all sectors of the nation’s economy. The bill also seeks to make Panama a hotbed for blockchain-focused businesses by implementing amenable crypto regulations in the state, according […]

El Salvador has announced the purchase of 400 BTC, according to a tweet on September 7, 2021. The El Salvador Bitcoin Law introduced by President Nayib Bukele administration takes effect today, officially making it the first sovereign state to make bitcoin (BTC) a legal tender.  El Salvador Now Holds 400 […]

Key takeaways El Salvador has implemented Bitcoin as legal tender. The country buys 400BTC, becoming first nation-state to do so. Critics mount pressure. Market remains highly optimistic of future outcome. September 7 has arrived, and with it the delivery of the promised Bitcoin Law implementation in El Salvador. The law, […]