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The leader of the Cardano development team, Charles Hoskinson, believes El Salvador has launched the process of mass adoption of bitcoin around the world. Following this Latin American state, other countries will follow suit. The legalization of BTC strengthens the position of those experts and...
Experts were able to find the reason why the BTC fell below $ 50,000 after analyzing the rate of the most popular assets among investors. Thus, financial market experts concluded that the fall in the value of the leading digital asset is associated with the strengthening of gold and the US dollar....
On the eve, the cryptocurrency market experienced another shock drop. On some trading floors, bitcoin (BTC) even tested values below $ 43,000 for a short time. Then the coin was able to bounce and pull up the largest altcoins. On the night of Thursday, September 9, the BTC rate is holding...
Cathie Wood, the founder of the Ark Invest investment fund, represents the camp of the so-called bitcoin bulls. Over the past two years, she has periodically entered into polemics with opponents of the cryptocurrency and criticized them for their shortsightedness. Wood recently commented on a...
Around the development and direct launch of the state cryptocurrency wallet of El Salvador - Chivo, a variety of gossip and rumors have been circulating for a long time: from allegations of money laundering to financing corruption. However, apart from the assumptions and guesses of the small media,...
The periodic growth of the cryptocurrency market provokes an increase in demand for equipment for the extraction of digital assets. In September, Bitcoin began to strengthen its position again, which led to a surge in people's interest in mining. As the VnExpress news agency clarifies, sellers of...
Amid the growth of the cryptocurrency market and the increasing demand for NFTs, many investment funds have expanded their portfolios for clients, allowing them to invest in digital assets. So, for example, in Germany, Union Investment intends to add BTC to the portfolios of its institutional...
Nayib Bukele, the president of El Salvador disclosed on September 7 that the country acquired another 200 Bitcoins ahead of the legalization of the cryptocurrency. Thus, the total number of Bitcoins owned by El Salvador reached 400. At current prices, it's worth over $21 M, as Bitcoin trades at...
Society is in the early stages of Bitcoin adoption, which will have to equal the total market value of gold in terms of capitalization. That is stated in the report of the Miller Opportunity Trust for the SEC. In August, the fund disclosed information about the acquisition of 1.5 million shares of...
Based on the recent report of the analytical publication Bloomberg, after a large-scale price correction in the digital asset market, BTC and ETH are expected to reach new highs. So, for example, according to strategist Mike McGlone, shortly, bitcoin will be able to become the world's largest...
In mid-June, the International Monetary Fund criticized the actions of the El Salvadorian leadership legalizing bitcoin. According to the representative of this organization, Jerry Wright, the recognition of cryptocurrency as a means of payment creates a dangerous precedent. The stability of the...
The Glassnode team recorded a sharp drop in the number of bitcoins (BTC) on the Coinbase cryptocurrency exchange. According to researchers, the volume of digital currency on Coinbase is now at its lowest level since December 2017. Moreover, the outflow of coins had continued since May of this year,...
Many central banks periodically criticize Bitcoin and other digital currencies. Last week, the People's Bank of China criticized digital currencies and urged citizens to stay away from such instruments. The Reserve Bank of South Africa has joined those regulators who refuse to recognize digital...
Residents of El Salvador protested against the country's first cryptocurrency legalization. They are worried about the rise of corruption. The Salvadoran Association of International Freight Carriers has demanded an amendment to the bill, removing the obligation to accept digital gold as payment....
In the spring, the Chinese authorities sharply increased pressure on companies representing the cryptocurrency industry. At first, almost all miners came under pressure, and officials began to squeeze them out of the country. Then the crackdown on cryptocurrency services began, and Beijing banned...
In the United States, as in other countries of the world, the number of citizens buying digital currencies continues to grow. Moreover, the highest proportion of crypto investors are young people under the age of 35. CNBC, together with Momentive, surveyed young Americans and found that 11% of them...
Despite the correction that has returned to the crypto market, a variety of categories of investors continue to invest in Bitcoin (BTC). Digital currencies returned to the red zone at the beginning of the week. They suffered the greatest losses the day before, today the rollback continues. At the...
The computing power of the bitcoin network at the end of last month began to recover after the collapse provoked by the repression against miners in China. On July 29, the BTC hash rate increased to 102 EH/s. In August, the activity of miners continued to increase, thanks to the completion of their...
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