El Salvador plans to set up a Bitcoin city at the foot of a volcano. The $1 billion bond issue would support President Bukele’s Bitcoin City plan. El Salvador is the first nation to approve Bitcoin as legal money. Fears of instability and inflation sparked large-scale demonstrations in the Latin
During the last 24 hours, the price of BTC has continued to fall. The coin closed the year on a downward trend. Founder of crypto lending firm Nexo, Antoni Trenchev, anticipated that bitcoin would reach $100K by the middle of 2022. Digital assets, he believes, are a gold-level inflation hedge.
Arsenal was recently called out for this practice by the ASA. The government has been reluctant to do anything about cryptocurrency. Digital investment trends like cryptocurrency and non-fungible tokens (NFTs) might face a regulatory crackdown in 2022 after mounting concerns that they could harm vulnerable young people. Football teams, players,
Only the block subsidy of 50 bitcoins is included in the block. Most people believe Bitcoin’s birth is six days after. The “Genesis Block” anniversary falls on January 3 today. Today marks the 13th anniversary of the publication of Block Zero, which was little noticed at the time but is
Jerome Powell commonly referred to inflation as a ‘transitory’ occurrence. More investors may turn to Bitcoin as a cash alternative. Bitcoin, which has a market capitalization of more than $800 billion, is at the top of the crowded cryptocurrency industry and has gained a large number of followers among individual
The crypto whales shifted $432 billion worth of BTC in a single transaction. Whales have shifted the BTC to three unknown wallets. The total transaction fee costs 0.00001704 BTC or $0.80 only. The crypto whales are being active in moving their crypto assets to other wallets. Recently, top exchanges moved
There is a chance that Bitcoin may go beyond $100,000 before the end of 2022. Introducing a Bitcoin ETF might be a big stimulus for the asset’s value to rise. Since its inception, Bitcoin has evolved from a speculative asset class to a long-term asset. The performance of bitcoin is
Bitcoin has been the industry’s most popular cryptocurrency for over a decade. ETHER surpassed Bitcoin in terms of growth rate in 2021. Bitcoin, the world’s first digital currency, is a significant accomplishment. Bitcoin (BTC) has been the industry’s most popular cryptocurrency for over a decade. The digital token has long
Dogecoin is stumbling after its infamous fall, while XRP remains in limbo. Like our society, a shift in the crypto world is approaching. For Bitcoin and other crypto assets, 2021 was one of the most exciting years in recent times. NFTs and the metaverse entered a new phase as values
The company also made a Bitcoin acquisition of $84 million in early December. MicroStrategy’s stock has gained about 30 percent for the year. MicroStrategy, the Nasdaq-listed business intelligence software firm that has been stockpiling bitcoin said that it purchased 1,914 bitcoins for $94.2 million between December 9 and 29. Also
