Billionaire Tim Draper Gives Bitcoin 5 Years To Achieve Global Adoption

Tim Draper, a billionaire venture capitalist, believes that the acceptance of Bitcoin (BTC) is progressing very well on a global scale.  100 Million Bitcoin Wallets And Counting Draper described Bitcoin reaching 100 million wallets as an “amazing” accomplishment in a…

UK Legislators Enact Laws to Restrict Crypto Ads

On Thursday, a committee of the House of Commons enacted new legislation without resistance or additional discussion that prohibits crypto advertisements and makes it illegal for unregistered operators to offer services. Restrictions Now Formally Enacted The restrictions, which are now…

China Has A $3.9 Billion Bitcoin Stash Despite Hostile Crypto Stance

The Chinese government is a crypto whale, according to Ki Young Ju, co-founder of CryptoQuant, despite its hostile stance toward the sector. Young Ju claims that China has seized $6 billion worth of cryptocurrencies from the PlusToken scam in 2019,…

Ex-Twitter CEO Beta Testing New App After Musk Takeover

With Elon Musk’s acquisition of Twitter, many social media users are getting ready to leave the platform. Jack Dorsey is one step closer to giving them an online haven. Twitter co-founder and former CEO Dorsey, 45, stated that his decentralized…

ARK’s Cathie Wood Bought Bitcoin At $250 Years Ago, Currently Sitting On $7.6M Profit

Cathie Wood recently disclosed that she bought $100,000 worth of Bitcoin (BTC) when the price was approximately $250 years ago. The popular cryptocurrency’s quoted unit price indicates that Wood probably made the transaction in 2015. The CEO of ARK Investments…

Christiano Ronaldo’s Homeland Of Madeira Launches Bitcoin Trial

Madeira’s President Miguel Albuquerque was invited by Jan3 CEO Samson Mow to the platform at Bitcoin Miami 2022 to make the announcement that the Madeiran archipelago had accepted Bitcoin (BTC).  Madeira Cannot Legally Adopt Bitcoin The president had announced that…

Fidelity Plans Major Push in the Digital Assets Sector With 100 New Hires

Fidelity Investments, a money management, is expanding its digital assets division by employing 100 new employees. indicating the company’s desire to expand its cryptocurrency operations during a weak market. The recruitment process was initially covered by Bloomberg. By the end…

Coinbase Backs Grayscale In Its Legal Battle With the SEC.

The largest Bitcoin fund, Grayscale, is fighting the Securities and Exchange Commission in court with the backing of Coinbase, the largest cryptocurrency exchange in the United States (SEC). Grayscale Protests Barring Of Its Bitcoin ETF Grayscale has made the decision…

Grayscale and Foundry Digital to Offer Bitcoin Mining Product

Grayscale Investments, a major digital currency asset manager, partners with Foundry Digital to introduce a product that gives clients exposure to Bitcoin Mining Equipment.  The new partnership led to the creation of Grayscale Digital Infrastructure Opportunities (GDIO) What is GDIO’s…

McDonald’s to accept Bitcoin in Switzerland

McDonald’s, the world’s largest fast-food chain and one of the best-known brand names is among the first to participate in a crypto-friendly experiment in the town of Lugano in Switzerland.  Lugano announced in March of 2022, that it will start…