El Salvador Makes Bitcoin Legal Tender

Despite the recent struggles that Bitcoin was facing, the cryptocurrency received a strong push by the Central American Nation, El Salvador on Wednesday as the country is going down in history as the first country in the world to adopt…

Music Artists to Receive Crypto Payments from Legacy Records

Cryptocurrency industry has experienced a rapid growth with the COVID-19 pandemic as many of the products started going digital. Meanwhile, cryptocurrency was embraced by major institutions and industries as a payment mechanism replacing fiat currency. With the latest initiative of…

Two Firms Have Bought More than $150 Million Worth of Bitcoin Miners

Bitcoin mining machines are rapidly rising in popularity. Two additional organizations — The9 Limited and Blockcap — have now bought an aggregate of 36,000 bitcoin miners worth more than $150 million from Bitmain. The9 Limited, a Nasdaq-registered Chinese gaming organization,…

Bitcoin Now Worth More than Visa and Mastercard Combined

Bitcoin (BTC) accomplished more than hit $60,000 per coin a week ago — it also became worth more than the world’s three greatest banks consolidated. According to publicly available data, the biggest digital currency outperformed the three highest valued financial…

Major Swiss Retailers Set to Debut Bitcoin Giftcards

Switzerland’s crypto boom has entered another dimension with retailers rolling out Bitcoin (BTC) vouchers and gift vouchers. As indicated by Swiss daily Tages-Anzeiger, Manor — the country’s biggest retail chain — is now selling Bitcoin voucher cards in 59 of…

Square Announces Huge BTC Acquisition as Part of its Financial reporting

Square, Inc. (NYSE: SQ), a company that assembles devices to engage organizations and people to partake in the economy posted its outcomes for the final quarter and entire year of 2020. The posting was made on the Financials segment of…

Former British MP Wants Bitcoin Banned For Energy Concerns

Nick Boles, a former UK Member of Parliament for Grantham and Stamford from 2010 to 2019, took to Twitter Tuesday to criticize Bitcoin over its negative environmental impact. He retweeted a post from BBC correspondent Rory Cellan-Jones showing that Bitcoin…

Amber Group CEO: Bitcoin Cannot Be Seen as a Bubble Anymore

A number of entities have referred to Bitcoin as a bubble since it came into being back in 2009. Cynics and crypto opposers have also had their say from the streets all the way up to regulatory high places. Michael…

S&P 500 Companies Can Push BTC price to 70K, Investment Firm Says

The price of Bitcoin could be headed a lot higher as more companies make Bitcoin a substantial part of their portfolios, according to a report by ARK Invest. In it’s annual Big Ideas report, ARK said Bitcoin’s price could be…

Former Goldman Sachs CEO: Bitcoin Needs To Be Reigned In

Former Goldman Sachs CEO Lloyd Blankfein says that if he were a regulator, he would be “hyperventilating” at the success of Bitcoin. While giving his two cents about the future of Bitcoin, he seemed amazed at how relaxed regulators have…