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
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
Number Of Bitcoin ATMs Surpasses 5000
Growing adoption of Bitcoin has created a steadily increasing need for Bitcoin ATMs to match the need for these digital currencies. North America alone has witnessed such a widespread explosion of these depots. This can only mean that more and more
$BITO ETF Nears Futures Contract Limit Days After Launch
The ProShares Bitcoin Strategy ETF that started trading earlier this week has been having a field day. However, it now seems like the popularity that the ETF has gained in just a few days is overwhelming as the fund nears
Algorithm Bug Causes Bitcoin Flash Crash on BinanceUS
While Binance is the largest cryptocurrency exchange and is used by a large percentage of crypto traders globally, it is not short of mishaps that usually lead to traders critiquing the platform. The most recent issue on the exchange happened on
U.S. Leads Global Bitcoin Hashrate
After China’s crackdown on cryptocurrencies, North America became an ideal location for migrating miners because of the region’s abundance of renewable energy sources. The U.S. has now become the leading country in regards to the Bitcoin mining hashrate. The Cambridge Bitcoin
F2Pool No Longer Allowing Chinese Miners
https://twitter.com/btcinchina/status/1442515665806508039 The fallout from the latest round of Chinese FUD continues as F2Pool, one of the largest Bitcoin mining pools, has announced that it will no longer accept the participation of Chinese miners. According to the announcement, the existing Chinese miners on
El Salvador Issues Discount On Fuel For Chivo Wallet Users
https://twitter.com/nayibbukele/status/1443410462129983490 El Salvador has been adamant in its plans to implement the Bitcoin law. The government has now announced that it will be offering discounts to those who use the Chivo wallet to purchase fuel. The discount in question has been set
Largest European Theme Park Endorses Bitcoin Payments
The largest theme park resort in Southern Europe has announced that it will start accepting Bitcoin payments. The PortAventura World entertainment resort will roll out this new payment method in 2022. The acceptance of Bitcoin by this resort is a major
Crypto Exchanges In India Launch Ad Campaigns For Festive Season
With the commencement of the holiday season in India cryptocurrency exchanges have intensified their campaign activities. These campaigns are urging people to invest in the crypto market. Some exchanges have even started a crypto giveaway as a more aggressive strategy