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Bitcoin News
Bitcoin News

CABEI Comes to El Salvador’s Rescue Amid IMF Concerns, Offers to Assist in BTC Implementation

The Central American Bank for Economic Integration (CABEI) has come forward to help El Salvador with the technicalities of Bitcoin implementation as a legal tender. Dante Mossi, the chief of CABEI said they will be select a first-rate technical team that would work with the Salvadorian government to implement the changes. Mossi said, The signal

The Central American Bank for Economic Integration (CABEI) has come forward to help El Salvador with the technicalities of Bitcoin implementation as a legal tender. Dante Mossi, the chief of CABEI said they will be select a first-rate technical team that would work with the Salvadorian government to implement the changes. Mossi said, The signal

Bitcoin News
Bitcoin News

Paul Tudor Jones says Bitcoin Would Certainly Make Atleast 5% of His Portfolio

Paul Tudor Jones, the American billionaire, and hedge fund manager in his recent interview with CNBC said that he loves Bitcoin and sees it as a great portfolio diversifier. He went on to add that his portfolio would certainly include at least 5% allocation in Bitcoin. "The only thing that I know for certain is

Paul Tudor Jones, the American billionaire, and hedge fund manager in his recent interview with CNBC said that he loves Bitcoin and sees it as a great portfolio diversifier. He went on to add that his portfolio would certainly include at least 5% allocation in Bitcoin. "The only thing that I know for certain is

Bitcoin
Bitcoin News
Bitcoin
Bitcoin News

Allianz Chief Economic Advisor Says Elon Musk has a Huge Influence on Bitcoin Adoption

Mohamed A. El-Erian, the chief economic advisor for Allianz, an asset management and insurance firm recently appeared on CNBC’s Squawk Box, where he talked about Fed’s recent meeting, Bitcoin and Elon Musk. The chief economic advisor said Bitcoin is currently in a tug-of-war between regulation and adoption. He said Elon Musk, the Tesla CEO has

Mohamed A. El-Erian, the chief economic advisor for Allianz, an asset management and insurance firm recently appeared on CNBC’s Squawk Box, where he talked about Fed’s recent meeting, Bitcoin and Elon Musk. The chief economic advisor said Bitcoin is currently in a tug-of-war between regulation and adoption. He said Elon Musk, the Tesla CEO has

Bitcoin News
Bitcoin News

Elon Musk Mocks ‘Anonymous,’ Days After the Hacker Group’s Call Out

Elon Musk, the Tesla CEO has responded to the video which was made to look like it was from the famous hacker group ‘Anonymous,’ with a meme. The meme mocked the group’s threat to the billionaire in the most Elon Musk way. !! pic.twitter.com/3H9gMEmSLF — Elon Musk (@elonmusk) June 14, 2021 The Anonymous Hacker Group

Elon Musk, the Tesla CEO has responded to the video which was made to look like it was from the famous hacker group ‘Anonymous,’ with a meme. The meme mocked the group’s threat to the billionaire in the most Elon Musk way. !! pic.twitter.com/3H9gMEmSLF — Elon Musk (@elonmusk) June 14, 2021 The Anonymous Hacker Group

Bitcoin News
Bitcoin News

Canada’s Purpose Bitcoin ETF Continue Systematic Accumulation Over Last Month’s Price Decline

The Bitcoin (BTC) price is up 12% today aiming to surge past $40,000 levels after Elon Musk tweets that Tesla will once again resume Bitcoin transactions once 50% of the mining industry turns to renewables. However, Bitcoin has continued to remain on a serious decline and trading sideways over the last month. But this hasn’t

The Bitcoin (BTC) price is up 12% today aiming to surge past $40,000 levels after Elon Musk tweets that Tesla will once again resume Bitcoin transactions once 50% of the mining industry turns to renewables. However, Bitcoin has continued to remain on a serious decline and trading sideways over the last month. But this hasn’t

Cryptocurrency
Altcoin News
Cryptocurrency
Altcoin News

Bitcoin (BTC) Jumps 12% Today But Crowd Sentiment for Altcoins Turn Negative. End of Bull Run?

The overall cryptocurrency market is up 8% as of writing this story with Bitcoin (BTC) shooting 12% taking its overall market dominance above 45%. The Bitcoin price has shot up post-Elon Musk stating that Tesla will once again accept Bitcoin (BTC) payments once 50% of BTC mining turns on renewables. Late Sunday evening, June 13,

The overall cryptocurrency market is up 8% as of writing this story with Bitcoin (BTC) shooting 12% taking its overall market dominance above 45%. The Bitcoin price has shot up post-Elon Musk stating that Tesla will once again accept Bitcoin (BTC) payments once 50% of BTC mining turns on renewables. Late Sunday evening, June 13,

bitcoin
Bitcoin News
bitcoin
Bitcoin News

Bitcoin Price Forecast: BTC bulls’ bid for $40,000 delayed at $39,000 key technical level

Bitcoin has gradually but consistently lifted from $31,000 to levels near $40,000. However, the flagship cryptocurrency has not entirely broken above the resistance at $40,000, especially with immense resistance presented by the 200 Simple Moving Average (SMA) on the four-hour chart. At the time of writing, BTC trades at $38,800 following a minor rejection from

Bitcoin has gradually but consistently lifted from $31,000 to levels near $40,000. However, the flagship cryptocurrency has not entirely broken above the resistance at $40,000, especially with immense resistance presented by the 200 Simple Moving Average (SMA) on the four-hour chart. At the time of writing, BTC trades at $38,800 following a minor rejection from

Bitcoin News
Bitcoin News

Max Keiser Suggests El Salvador to Float Bitcoin ‘Volcano Bonds’ to Retire the IMF Loans

Last week, El Salvador passed the historic Bitcoin law making it the first country to make Bitcoin a legal tender. Soon as the Bitcoin law comes into action in the next 90 days, merchants will start accepting it against their goods and services. However, the International Monetary Fund (IMF) raised objections citing legal and economic

Last week, El Salvador passed the historic Bitcoin law making it the first country to make Bitcoin a legal tender. Soon as the Bitcoin law comes into action in the next 90 days, merchants will start accepting it against their goods and services. However, the International Monetary Fund (IMF) raised objections citing legal and economic

Bitcoin News
Bitcoin News

Week in Crypto: El Salvador Adopts Bitcoin as a Legal Tender| China Extends Crypto Mining Restrictions| Coinbase Enters $22 Trillion Pension Market| Bitcoin Taproot Upgrade Locked-In

The week has been quite eventful for the crypto space with major news coming from all around the world. The biggest story of the week comes from a small country in Central America, El Salvador. El Salvador adopts BTC as legal tender: El Salvador becomes the first country in the world to adopt Bitcoin as a

The week has been quite eventful for the crypto space with major news coming from all around the world. The biggest story of the week comes from a small country in Central America, El Salvador. El Salvador adopts BTC as legal tender: El Salvador becomes the first country in the world to adopt Bitcoin as a

Altcoin News
Altcoin News

Crypto Market Cap Falls Below $1.5 Trillion on a Red Weekend

The cryptocurrency market cap fell below $1.5 trillion on a red weekend. More than $100 billion was wiped off the marker as it retraced by 5%. Bitcoin and other altcoins registered a 5%-10% decline as major market indicators flashed bearish signals. Bitcoin price is currently trading at $35,668 falling from a daily high of $37,531.

The cryptocurrency market cap fell below $1.5 trillion on a red weekend. More than $100 billion was wiped off the marker as it retraced by 5%. Bitcoin and other altcoins registered a 5%-10% decline as major market indicators flashed bearish signals. Bitcoin price is currently trading at $35,668 falling from a daily high of $37,531.

Bitcoin News
Bitcoin News

Taproot Lock-In For Bitcoin is Just 14 Blocks Away, Why it’s Significant for BTC Network?

Taproot upgrade for Bitcoin is all set to get locked in and at the time of writing more than 99% of Bitcoin blocks were signaling for the upgrade with only 14 blocks to go. Chances are by the time you read this article it is already locked in. Github defines Taproot upgrade as Taproot is

Taproot upgrade for Bitcoin is all set to get locked in and at the time of writing more than 99% of Bitcoin blocks were signaling for the upgrade with only 14 blocks to go. Chances are by the time you read this article it is already locked in. Github defines Taproot upgrade as Taproot is

Altcoin News
Altcoin News

Top Market Indicators Suggest Crypto Market is in ‘Cool-Off’ Phase

The cryptocurrency market saw its market cap get reduced by 4.5% over the past 24 hours, wiping nearly $100 billion off the market. The growing bearish sentiment has been prevalent since last month when the crypto market experienced its largest correction this year. Analysts suggest the market is slowing down and in a cool-off phase

The cryptocurrency market saw its market cap get reduced by 4.5% over the past 24 hours, wiping nearly $100 billion off the market. The growing bearish sentiment has been prevalent since last month when the crypto market experienced its largest correction this year. Analysts suggest the market is slowing down and in a cool-off phase

bitcoin
Bitcoin News
bitcoin
Bitcoin News

Bitcoin Price Analysis: BTC Awaits a Breakout After Month Long Consolidation

Ever since BTC fell nearly 60% from ATH, it has been thrown back & forth awaiting a breakout. Investors continue to get overwhelmed with bullish & bearish news which has created a large amount of indecision throughout the cryptocurrency space. Bulls want to believe the bull market is still underway and bears are calling for

Ever since BTC fell nearly 60% from ATH, it has been thrown back & forth awaiting a breakout. Investors continue to get overwhelmed with bullish & bearish news which has created a large amount of indecision throughout the cryptocurrency space. Bulls want to believe the bull market is still underway and bears are calling for

Bitcoin News
Bitcoin News

JP Morgan Compares El Salvador’s Bitcoin Adoption to Dollarization in Early 2000

JP Morgan, the American multinational investment bank reacted to the recent adoption of Bitcoin as a legal tender by El Salvador. The bank compared the Central American nation’s move to dollarization in early 2000 by various countries. It also said the move seems growth-oriented. The bank released a note titled, ‘The Bitcoinization of El Salvador’

JP Morgan, the American multinational investment bank reacted to the recent adoption of Bitcoin as a legal tender by El Salvador. The bank compared the Central American nation’s move to dollarization in early 2000 by various countries. It also said the move seems growth-oriented. The bank released a note titled, ‘The Bitcoinization of El Salvador’

Bitcoin News
Bitcoin News

Just-In: First Latin American Bitcoin ETF to Launch on June 23rd

QR Capital, the largest asset management firm in Latin America is all set to launch the continent’s first Bitcoin ETF. The new Bitcoin ETF would be launched on the Brazilian Stock Exchange on June 23rd with 100% Bitcoin exposure. The Bitcoin ETF will be launched in association with BTG Pactual, Easyinvest, Órama, Vitreo, Modal Mais,

QR Capital, the largest asset management firm in Latin America is all set to launch the continent’s first Bitcoin ETF. The new Bitcoin ETF would be launched on the Brazilian Stock Exchange on June 23rd with 100% Bitcoin exposure. The Bitcoin ETF will be launched in association with BTG Pactual, Easyinvest, Órama, Vitreo, Modal Mais,

Binance
Bitcoin News
Binance
Bitcoin News

Binance Announces BTC Bonus For New El Salvador Customers

El Salvador, the Central American nation created history after passing a bill to make Bitcoin a legal tender in the country. Nayib Bukele, the President of the country also announced that they would welcome crypto companies to set up their offices and even grant citizenship to those ready to invest three Bitcoin in the country.

El Salvador, the Central American nation created history after passing a bill to make Bitcoin a legal tender in the country. Nayib Bukele, the President of the country also announced that they would welcome crypto companies to set up their offices and even grant citizenship to those ready to invest three Bitcoin in the country.

Bitcoin-mining-selling
Bitcoin News
Bitcoin-mining-selling
Bitcoin News

MicroStrategy’s Michael Saylor Kickstarts the Bitcoin Mining Council Inviting Industry Players to Join

On Thursday, June 11, MicroStrategy chief Michael Saylor officially kickstarted the newly formed Bitcoin Mining Council thereby inviting industry players. The Bitcoin Mining Council basically aims to shift the dynamics of the crypto mining industry by moving towards energy-efficient mining solutions. Inviting different industry players, Saylor said that the Bitcoin Mining Council will serve as

On Thursday, June 11, MicroStrategy chief Michael Saylor officially kickstarted the newly formed Bitcoin Mining Council thereby inviting industry players. The Bitcoin Mining Council basically aims to shift the dynamics of the crypto mining industry by moving towards energy-efficient mining solutions. Inviting different industry players, Saylor said that the Bitcoin Mining Council will serve as

Bitcoin News
Bitcoin News

Bitcoin Price Prediction: BTC holds crucial support while bulls gaze at $42,000

Bitcoin made its way from the week’s support at $31,000. The move was sharp, resembling a V-shaped pattern. Hence, the recovery stalled at $38,000 as bulls retreated to confirm higher support. At the time of writing, the flagship cryptocurrency trades at $36,600 after holding at two key levels. Initially, the 50 Simple Moving Average (SMA)

Bitcoin made its way from the week’s support at $31,000. The move was sharp, resembling a V-shaped pattern. Hence, the recovery stalled at $38,000 as bulls retreated to confirm higher support. At the time of writing, the flagship cryptocurrency trades at $36,600 after holding at two key levels. Initially, the 50 Simple Moving Average (SMA)

IMF digital Currencies
Bitcoin News
IMF digital Currencies
Bitcoin News

IMF Raises Concern Over El Salvador’s Adoption of Bitcoin as Legal Tender

International Monetary Fund (IMF) has raised concerns over El Salvador’s adoption of Bitcoin as a legal tender. It said Bitcoin poses macroeconomics, financial and legal issues. IMF’s statement comes ahead of its meeting with Salvadoran president Nayib Bukele later on Thursday. Gerry Rice, an IMF spokesman said, “Adoption of bitcoin as legal tender raises several

International Monetary Fund (IMF) has raised concerns over El Salvador’s adoption of Bitcoin as a legal tender. It said Bitcoin poses macroeconomics, financial and legal issues. IMF’s statement comes ahead of its meeting with Salvadoran president Nayib Bukele later on Thursday. Gerry Rice, an IMF spokesman said, “Adoption of bitcoin as legal tender raises several

Bitcoin News
Bitcoin News

US Custody Bank With $40 Trillion in Assets Sets Up ‘Crypto’ Division

State Street, a Boston-based custody bank with $40 trillion in assets has set up a Digital division to offer crypto services amid growing client demand. The bank said cryptocurrencies are at a tipping point and they would offer as many crypto services as they can under the available regulations. The move was based on growing

State Street, a Boston-based custody bank with $40 trillion in assets has set up a Digital division to offer crypto services amid growing client demand. The bank said cryptocurrencies are at a tipping point and they would offer as many crypto services as they can under the available regulations. The move was based on growing