Bitfarms Buys Another 1000 Bitcoin During Dip
Bitfarms, a leading Bitcoin mining company based in Canada, has announced the addition of another 1000 BTC. The company bought the additional Bitcoin during the price dip that happened during the first week of 2022. The recent purchase comes as the
Tonga Creates Bitcoin Wallet For Relief Donations
Bitcoin donations have become popular globally, and despite the current sluggish performance of cryptocurrency prices, Bitcoin holders are stepping in to help with the relief efforts in the Kingdom of Tonga. The Kingdom of Tonga was hit by a major volcanic
Binance Wallet Address Buys 43,000 Bitcoin
Binance, the largest cryptocurrency exchange platform, is joining the list of whale addresses stacking up on more considering the ongoing market recession. This comes as the recent Bitcoin dipped to the market sentiment hitting an “extreme fear” level. One whale address that
Carlsen Plays Bullet Chess For 1 BTC Grand Prize
Magnus Carlsen, the reigning chess champion, competed in a bullet tournament where the prize was one Bitcoin. This tournament comes as sporting events become more open towards cryptocurrencies and digital asset investments. The championship under which Carlsen participated also involved some
Turkish Lira Plunges as Crypto Trading Volume Peaks
Crypto activity in Turkey is currently at a peak because of the events surrounding the value of the Turkish Lira. Currently, crypto trading volumes in Turkey have surpassed one million daily. This comes as the Lira takes yet another plunge. The slump
Two Bitcoin Funds Go Live in Singapore
This year has seen much growth in terms of adopting Bitcoin by countries, business and even some regulators. As an example, in October, the U.S. contributed to a major Bitcoin bull market after approving a Bitcoin futures-based exchange-traded fund. The latest country
Venezuelan Crypto Training Scholarship Program
Latin American countries have been making notable gains as far as crypto adoption is concerned. With most countries in this region suffering from high inflation levels, cryptocurrencies have become better alternatives and have reached peak levels of adoption. Venezuela is the
Bank of England Says Bitcoin Too Volatile To Be Legal Tender
The use of Bitcoin is constantly evolving. Bitcoin is no longer just a speculative asset, it has seen adoption not only a reserve asset for businesses, but as legal tender for countries. El Salvador made headlines because it was the first
Clinton Says Cryptos Will Undermine The U.S. Dollar
The former U.S. presidential candidate, Hillary Clinton, has again come out with a harsh stance against cryptocurrencies. Clinton has stated that cryptocurrencies could strengthen the economic status of other competing developing countries while leaving the United States dollar to be
El Salvador To Create Bitcoin City
El Salvador has announced plans to build a Bitcoin city. The country has been making notable measures to boost the adoption of Bitcoin ever since it announced the launch of Bitcoin as a legal tender in September. As part of pushing