It was both a surprise and a delight for El Salvador to announce that it would accept Bitcoin as its legal tender in June. Many were skeptical of the claim that Bitcoin would promote financial inclusion and economic development. They waited three months to see if the proposal was ready and how the country in central America […]
Bitcoin rallies on improved market sentiment
BITCOIN, the first global decentralised crypto currency, topped $50 000 (roughly R745 000 this week), a record-breaking 3-month high that continues to recover from a June and July sell-off. As the week progressed, the digital currency fell slightly and was trading at $47490 per Bitcoin on Wednesday afternoon. It reached an all-time high of over $64 […]
Cryptocurrency Update: Bitcoin Rises Again & Ethereum Leads Altcoin Race
Bitcoin, the most important mover in the Cryptocurrency Market, has begun to regain its position, trading at US$45,000. Bitcoin, the ultimate mover in the Cryptocurrency market, has started to regain its position by trading above US$45,000. The next target for Bitcoin is US$50,000. Asher Tan, CEO at CoinJar, a cryptocurrency exchange, stated that he saw many investors […]
Bitcoin price bounces back closer to 2021 all time high
Bitcoin is trying to make a comeback. It was close to $US50,000 (A68,000) for its first time since May. The wider cryptocurrency market, however, also tried to recover massive losses. Bitcoin is the most widely traded cryptocurrency and trades at $A44,000. This comes after the top 10 cryptos (ethereum, dogecoin and dogecoin) added $US300 billion […]
Is the much-celebrated Bitcoin recovery going to be short-lived
Bitcoin, the largest cryptocurrency on the market, saw a welcome price rise last week. Bitcoin’s confidence in investors was restored when it traded at or above $40k several times between 28 July and 29 July. But, before market participants could enjoy these moments, the king of coins’ price decided to throw another tantrum. At press time, BTC was […]
Tesla will ”most likely” restart accepting bitcoin as payments, says Elon Musk
Tesla Inc, an electric-car manufacturer, will likely accept bitcoin payments again after it has done due diligence on the amount renewable energy used to mine it, Elon Musk, chief executive officer, said Wednesday at a conference. Bitcoin rose 8% to $32,160.16 while ether rose 11.6% at $1,993.36. In extended trading, Tesla’s shares fell 0.8% to $655.30 […]
New York Giants’ Saquon Barkley Plans to Convert Endorsement Revenue to Bitcoin
According to Anthony Pompliano’s interview on ‘The Best Business Show’, Saquon Barkley is using his marketing money to transfer it into bitcoin ( BTC ). Barkley also interviewed Jack Mallers, the CEO of Strike. The NFL running back stated that Mallers helped him learn about the technology. In order to convert to Bitcoin, the football player stated that […]
Why Do Media Companies Attack The Bitcoin Industry?
It’s not a hyperbole to say that the media industry is all in for Bitcoin. It doesn’t matter if it is for the huge engagement that can be obtained from the buzzing keyword digital asset or an honest opinion about bitcoin mining, it seems like media outlets can’t help but exaggerate comments on bitcoin. This was […]
Now earn interest like bank savings account on your Bitcoin wallet
One crypto exchange is finding a way to attract investors as Indian banks and cryptocurrency exchanges continue to be in a love-hate relationship. ZebPay launched a product that allows investors deposit cryptocurrency like bank fixed deposits to earn an interest. Now, they will pay interest on cryptos investors keep in their wallets. ZebPay introduced ZebPay Earn […]
Tom Brady admits his ‘laser eyes’ didn’t work on the bitcoin trade
Tom Brady, a football star, recently declared himself a bitcoin bull and acknowledged that the prices have fallen since he publicly supported cryptocurrency. In May, the seven-time Super Bowl champion changed his profile photo on Twitter to include “laser eyes,” which is what many bitcoin enthusiasts use to display their “laser focus” to drive prices […]