Sat, February 8

Major Coins Turn Red Amid Global Cryptocurrency Market Fumble

Despite reports that Ukraine is considering legalizing cryptocurrency and the possibility of conflict breaking out between Russia and Ukraine, the global crypto market has continued to trade downward. The global cryptocurrency market capitalization had fallen 2.66 percent to $1.82 trillion. Moreover, with a total value of $61.88 billion, the crypto

February 19, 2022 1 min read

El Salvador Buys the Dip as Bitcoin (BTC) Falls for Second Consecutive Day

The country’s Treasury acquired another 410 Bitcoins. Right now, the Central Bank of El Salvador has almost 1400 BTC on hand. On Saturday, the 22nd of January, the wider cryptocurrency market was down 8%. Investors have lost more than $350 billion in the crypto market so far on the second

January 22, 2022 2 mins read

Former Tonga MP Hints at Adoption of Bitcoin (BTC) as Legal Tender By November

The House of Representatives will get the bill by September or October. Considering long-term savings, the concern is Bitcoin’s benefits in remittances. Former Tonga MP Lord Fusitu’a has stated that the country’s legal tender law for Bitcoin is “modeled on” and “almost identical” to El Salvador, which has enacted a

January 13, 2022 2 mins read

El Salvador Drafts 20 Legislations For Bitcoin Bond Bills

Bitfinex is the bookmaker for the bonds. With a yield of 6.5 percent, the bond would be worth $1 billion. El Salvador became the world’s first country to recognize Bitcoin as legal cash in 2021 under President Nayib Bukele. Thanks to the legislation, volcano Bonds, a $1 billion Bitcoin bond

January 9, 2022 1 min read

El Salvador Establishes Bitcoin Bonds With 20 Legislations

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

January 5, 2022 1 min read

Bitcoin City in El Salvador Backed by $1 Billion Bitcoin Bond

Bitfinex alone has enough whales to fund the $1 Billion Bitcoin bond. El Salvador is currently at the forefront of Bitcoin initiatives. After being the first nation to do so, El Salvador quickly becomes the “capital of Bitcoin.” The nation plans to launch a revolutionary project named the “Bitcoin City”

November 22, 2021 2 mins read

Unexpected Rise of Cryptocurrency ATMs in Colombia

Colombia is a restrictive country with a legal environment for digital currencies as it is a big deal to operate crypto businesses within the country. Besides, all the banking institutions are prohibited to provide funds for cryptocurrency firms.  Colombia is not a crypto friendly country in comparison to other African

October 24, 2021 2 mins read

Volaris Airline Accepts Bitcoin (BTC) In El Salvador

Volaris airline accepts BTC payments in El Salvador. President of El Salvador, Nayib Bukele announced it officially on Tuesday. Volaris becomes 1st airline in the world to accept BTC payments. The complete implementation of El Salvador on accepting Bitcoin (BTC) as one of its legal tender, has completely revolutionized the

October 20, 2021 2 mins read

JP Morgan Comments on Bitcoin (BTC) Above $55K

JP Morgan points out the behind the scenes of BTC’s recent surges . Liquidations upon BTC have increased over the past few weeks. BTC legal tender adoption by El Salvador owes to be one major reason. The Bitcoin (BTC) shook the whole crypto industry on October 6, after peeking its

October 8, 2021 2 mins read

Poll Shows 61% Of US Adults Have No Problem With Bitcoin as Legal Tender

Teething difficulties plagued El Salvador’s historical acceptance of bitcoin as legal money on Tuesday. A furious protest of suspects, technological difficulties, and a dip in the crisis masked the deployment. The daring attempt began when Salvadoran President Nayib Bukele protested soon after midnight. That the government-funded bitcoin software was not

September 13, 2021 2 mins read