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Last week, the El Salvadorian government passed a bill to legalize bitcoin for the first time in the world. This event supported the market and strengthened the position of BTC. Today it became known that another country may recognize bitcoin and other digital currencies as legal means of payment....
In a recent Tweet, Tesla CEO Elon Musk said the company will allow Bitcoin payments again when the mining of the coin becomes more environmentally friendly and uses approximately 50% renewable energy. Following Musk's announcement that Tesla no longer accepts BTC payments in May, a lot of people...
After the parliament of El Salvador supported the presidential bill to legalize bitcoin, the cryptocurrency was able to strengthen slightly. On some trading floors, in the middle of the week, the BTC rate exceeded $ 38,000. However, a correction returned to the market over the weekend, as a result...
The Securities and Exchange Commission (SEC) has called on American investors not to invest in bitcoin futures. The corresponding notification was published last Thursday. This document states that even if investors decide to channel their capital into BTC-focused products, then they must analyze...
BMC (Bitcoin Mining Council) gave more information about the organization and who are its members. The Chief Executive Officer of the enterprise intelligence firm MicroStrategy, Michael Saylor is a co-founder of the undertaking, who describes it as an open forum for joining Bitcoin miners. The...
Tim Wu, network neutrality coiner, professor of Law, Science, and Technology, advisor for the White House disclosed he holds a significant part of his capital in crypto. The news was published in the magazine "Politico". As noted in the publishment, Wu holds between $1 M and $5 M in BTC...
Billionaire Mar Lasry, the founder of Avenue Capital Management, said bitcoin's skyrocketing growth in 2021 exceeded his expectations. He also expressed regret that he had not invested enough in the first cryptocurrency. “As more people start using Bitcoin, the chances of continued growth are...
Institutional investors were seriously scared by the fall of bitcoin in May. Recall that the coin lost almost 40% in value last month. A report from CoinShares says that capital outflows from bitcoin-focused funds intensified over the past week. Institutions have withdrawn from such products about...
Analysts at hedge fund SkyBridge Capital believe that investors need to stay in bitcoin despite the recent drop in bitcoin's value. The attractiveness of BTC has dropped markedly due to the bearish trend that has dominated the market since mid-May. Hedge fund manager Troy Gayesky urges players not...
Back in the summer of 2019, Donald Trump, who was then president of the United States, tweeted that the dollar is the world's leading financial instrument. Unregulated digital assets like bitcoin are used by criminals to launder money. Trump then stressed that real threats to the state's economy...
On June 7, enterprise analytics and software solutions entity MicroStrategy revealed starting to receive $400 M via a private offering of senior secured notes. The goal is to use the net income from the sale to increase its Bitcoin holdings. MicroStrategy Announces Proposed Private Offering of...
The price of the first cryptocurrency could drop to $30,000 or even $23,000, said Jurrien Timmer, head of macroeconomic research at asset manager Fidelity Investments. He compared bitcoin price trajectories to investment bank Goldman Sachs' Retail Favorites Index based on stocks popular with retail...
El Salvador could be the first country in the world to recognize bitcoin as legal tender. The corresponding bill was prepared by the team of the President of this Latin American state, Naib Bukele. The text of the document will be published this week. At the Bitcoin 2021 conference in Miami, Jack...
Cryptography and blockchain technology firm Blockstream and payments operations provider Square teamed up to create a solar-based Bitcoin mining facility. On June 5 Blockstream issued a blog post informing it received a $5 M investment from Square to provide the framework and arrange the project. ...
The biggest BTC conference with around 12.000 participants was started in Miami on June 4. It will be over on June 5. Miami major Francis Suarez opened the conference. He mentioned the importance of BTC in making Miami a technological leader. The head of growth at the crypto exchange Kraken Dan...
San Francisco-based financial services company Square intends to launch a Bitcoin hardware wallet. The company's CEO Jack Dorsey shared the news on Twitter. Dorsey says the building process from engineering to design is going to be open and with the community's cooperation. He posted series of...
P2P platform Paxful has launched a service that allows businesses around the world to accept BTC. Their customers can choose from over 400 payment methods. Paxful Pay converts the money received from the customer into digital gold and sends it to the merchant's wallet. Clients of the service can...
Tesla and SpaceX CEO Elon Musk referred to Bitcoin once again in his tweet. On June 4, he posted a meme-like tweet about a breakup citing the words of Linkin Park's song "So, in the end, it didn't even matter?". In the description, Musk put Bitcoin's hashtag and the broken heart emoji. ...
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