bitcoin as a legal tender

Bitcoin as a Legal Tender: What that Means for All of Us?

By Elena Obukhova, founder & CEO at FAS | Fintech Advisory ServicesWe all heard the recent news that El Salvador is to become the first country to use Bitcoin as a legal tender. What would that mean for the rest of the world? Honestly, I am not surprised that the first country to do so comes from Latin America. Countries in the region have been suffering from multiple crises and economic instability.  People started losing trust in the government and central banks. In 2001, for example, Argentina froze all bank accounts and only allowed small withdrawals from peso-denominated accounts. It was not the first case of the...

Bitcoin, Cryptocurrencies

Continue reading

jack dorsey - bitcoin changes everything

Jack Dorsey: “Bitcoin changes everything”

The CEO of Twitter is a great driving force behind Bitcoin, and at the Bitcoin Miami 2021 conference, he contributed his vision regarding the positive and disruptive change it brings to the global social financial system, its impact on the ecosystem, renewable energy, and more.“Bitcoin changes absolutely everything,” said the CEO of Twitter and Square at the 2021 Bitcoin Conference. Billionaire Jack Dorsey, co-founder of Twitter and Square, is extremely optimistic about the future of bitcoin, the largest cryptocurrency by market value. The Bitcoin enthusiast spread more positivity about the cryptocurrency...

Bitcoin, Cryptocurrencies, Main

Continue reading

Bitcoin hoy - Junio - Nuevos tuits de Elon Musk - Pronostico alcista para bitcoin

Bitcoin Today – June: New Tweets From Elon Musk; Bitcoin bullish forecast

Bitcoin, Ethereum, Cardano, and Dogecoin fell again after trending up for much of yesterday.A cryptic tweet from Tesla CEO Elon Musk, hinting at a breakout with Bitcoin, caused the world’s largest cryptocurrency to crash early Friday. It also caused almost all major currencies to drop between 5% and 15%. Musk kept responding “nice” to an illustration of rival currency dogecoin published by crypto exchange Coinbase.just gonna leave this right here … pic.twitter.com/k1lUf0HnLR— Coinbase (@coinbase) June 3, 2021Musk has previously said that Tesla would not sell his bitcoin, but his tweets...

Bitcoin, Cryptocurrencies

Continue reading

Bitcoin price in May 2021, Altcoins, Ethereum, Dogecoin, seem to outpace Bitcoin

Bitcoin Today – May 2021

Bitcoin price in May 2021, Altcoins, Ethereum, Dogecoin, seem to outpace BitcoinThe price of Bitcoin in May 2021Bitcoin, while still massively popular and important, has recently been dwarfed by Ethereum and Dogecoin.Although Bitcoin has largely been left out of the development of altcoins, it remains the best-known and most dominant cryptocurrency. Bitcoin, which was the dominant cryptocurrency, now accounts for 46% of the combined market capitalization of cryptocurrencies, according to CoinMarketCap.The market value of BTC/USD is too close to the $60,000 resistance line. Looking at the technical indicator, it seems...

Bitcoin, Cryptocurrencies

Continue reading

why is it so hard to ban bitcoin

Why is it so hard to ban bitcoin?

Tiena Sekharan, Tokenomics & Blockchain Consultant at FAS | Fintech Advisory ServicesIt is in the interests of central banks, legacy traditional banks, politicians, and weapons manufacturers to ban bitcoin. With bitcoin:* Central banks will no longer be able to control money supply which will make their role less consequential. * Traditional banks will see their role reduced as the peer-to-peer Bitcoin network does away with the need of an intermediary. They’d have less of an opportunity to earn yield on customer deposits as bitcoin makes it possible to self-custody and hold funds in one’s own digital wallet. Banks will...

Bitcoin, Crypto world

Continue reading

Bitcoin recovers, sell-off left behind

Bitcoin recovers, sell-off left behind

The value of bitcoin returned earlier yesterday above $ 50,000, rebounding from a brief defeat that highlighted the volatility of the world’s largest cryptocurrency. Last night in London, the cryptocurrency was up 6.7 percent on the day to $53,904.The recovery of Bitcoin (BTC) and Ethereum (ETH) prices has caused the market to recover in general after the market’s prolonged downturn last week.The volume of activity in bitcoin exchanges is demonstrating that it is becoming more resistant and faster to recover as time passes, according to the analysts led by Joshua Younger.After a series of accidents in a Bitcoin miner...

Bitcoin, Crypto Mining, Featured

Continue reading

Gryphon Digital Mining Raises $14 Million to Launch Bitcoin Mining Operation with Zero Carbon Footprint

Gryphon Digital Mining Raises $14 Million to Launch Bitcoin Mining Operation with Zero Carbon Footprint

Gryphon founding team disrupts high-cost Bitcoin mining using the latest mining technology powered by renewablesDOVER, DEL. Apr 13 2021 (Blockchain Wire) Gryphon Digital Mining (https://gryphondigitalmining.com/) today announced it has raised a $14 million Series A to launch a Bitcoin mining operation with zero carbon footprint. Institutional investors accounted for over thirty percent of the round, which closed in just over two weeks, significantly oversubscribed. “At Gryphon, our long-term strategy is to be the first vertically integrated crypto miner with a wholly-owned, 100 percent renewable energy supply....

Bitcoin, Crypto Mining, Press release

Continue reading

bitcoin swings - venmo payments

Bitcoin Swings, Venmo payments

The huge market shift of Bitcoin over the weekend probably sets the ground for a stabilization time before it can increase the price of cryptocurrencies.In weekend trading Bitcoin fell below the 50-day average moving average and was back below it on Monday.For me it has been reduced to an excess in system leverage,” said Leeor Shimron, Fundstrat’s vice-chairman of the strategy on digital assets.“About $5 billion worth of bitcoin contracts was liquidated this weekend and $9.5 trillion was liquidated, including altcoin exchanges,” said Shimron. BTIG CEO Julian Emanuel said he wants bitcoin to sell...

Bitcoin, Featured, PayPal

Continue reading

bitcoin cash vs bitcoin

Bitcoin Cash Vs. Bitcoin: What is the difference?

Does Bitcoin cash have advantages over Bitcoin? If you’re new to the crypto world, you might not even know what Bitcoin Cash is. Basically, Bitcoin Cash (BCH) is a cryptocurrency branch created from the original Bitcoin currency. It came into being in August 2017 after a fork on the original blockchain by miners who weren’t happy with the way things were going. There are also some important differences between Bitcoin and Bitcoin Cash, and you should consider them if you’re thinking about investing in either one.What is Bitcoin Cash?Bitcoin Cash is the continuation of the Bitcoin project as peer-to-peer digital cash....

Bitcoin, Bitcoin Cash

Continue reading

Bitcoin, Ether Prices Soar: Highlights

Bitcoin, Ether Prices Soar: Highlights

Bitcoin’s price approached its all-time peak of $61,712 early Saturday, while ether set a fresh all-time high of $2,190.On Saturday, Bitcoin, the world’s most famous cryptocurrency, regained the $60,000 mark as the market endured long-awaited uncertainty, as expected by analysts.There is significant resistance near $60,000, which has been checked many times since March.According to CoinDesk’s Bitcoin price page, the leading cryptocurrency traded above $60,000 for the first time in nearly a month following weeks of fluctuating between $52,000 and the upper $50,000s.Bitcoin’s ETFs impulseBitcoin bulls...

Bitcoin, Ethereum, Featured

Continue reading

© Cryptopress. All rights reserved.