In a significant move that underscores El Salvador’s commitment to embracing cryptocurrency, the government recently announced its plans to issue bitcoin bonds in the first quarter of 2024. These bonds will serve as a means to finance the construction of…
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El Salvador became the first country to accept Bitcoin as legal tender. Now it’s offering citizenship for a $1 million ‘investment’
The nation in Central America, led by Nayib Bukele, has teamed up with the controversial stablecoin Tether for a new venture. On Thursday, the El Salvadoran government, in collaboration with Tether, introduced a joint initiative named “Adopting El Salvador Freedom.”…
Explore El Salvador’s $1 Million Bitcoin Freedom Visa Program
Explore El Salvador’s Freedom Visa program, designed to attract Bitcoin enthusiasts seeking permanent residency and Salvadoran citizenship. By investing $1 million worth of Bitcoin and collaborating with stablecoin issuer Tether, El Salvador aims to leverage its pro-crypto stance and emerge…
The Truth About Bitcoin and Its Carbon Footprint – Why Bitcoin is Green ?
Mainstream media and some politicians are painting Bitcoin as a major contributor to climate change. They are pointing out that this magic internet money whose use is still lost on them is destroying the planet with its power-hungry networks of…
Bitcoin is nearing cycle-top volatility – Crypto Analyst – Details explained
Bitcoin’s recent surge in volatility has caught the attention of investors worldwide. With the two-week Relative Volatility Index (RVI) reaching unprecedented levels, questions arise about the possibility of a cycle top or a ramp-up to it. In this article, we…
Cardano CEO Thinks Crypto Industry doesn’t need Bitcoin, Crypto users question his credibility or understanding of the ecosystem
In the ever-evolving landscape of digital assets, the role of Bitcoin has long been considered pivotal. However, a growing perspective within the industry challenges the notion that Bitcoin remains indispensable for the survival of the broader cryptocurrency ecosystem. This article…
Comparing GOLD ETF to pending U.S. spot Bitcoin ETF may create $ Trillions in value
In the ever-evolving landscape of cryptocurrencies, the approval of a U.S. spot Bitcoin ETF is poised to be a game-changer with the potential to create trillions of dollars in value. Drawing parallels to the revolutionary impact of the SPDR Gold…
Anthony Pompliano – Bitcoin Mining: Hash Rate Surge, Revenue Streams, and Investment Potential
Bitcoin mining has emerged as a captivating space, drawing attention from various market participants. The hash rate, a key indicator of mining activity, has exhibited exponential growth since the inception of the bitcoin protocol in 2009. This trend has persisted…
Riots’ Acquisition of Bitcoin Miners Causes a Surge in the Crypto Market
Key Highlights Riot Platforms has recently made its most significant hash rate purchase to date, acquiring 66,560 Bitcoin mining units from MicroBT for an impressive $290.5 million. This monumental move not only positions Riot as a key player in the…
Bitcoin’s market cap may reach $357 trillion – Analyst
In the realm of digital currencies, Bitcoin has emerged as a force to be reckoned with. As we delve into the question of how high Bitcoin’s price can soar, Crypto Analyst Mark Harvey provides the fundamental factors that make it…