Cuba has announced that it plans on recognizing and regulating cryptos like Bitcoin (BTC) for payments. The government of the Caribbean nation revealed its intentions via Resolution 215 published on Thursday. The resolution stated that the Central Bank of Cuba would draft rules and regulations for the industry. The resolution also noted that financial institutions […]
Behemoth American-headquartered bank Morgan Stanley has remained steadfast in gaining Bitcoin exposure by investing millions of dollars, despite the recent prevalent bearish bias amongst analysts. Twitter analyst MacroScope cited the significant difference between the financial institution’s previous filing and today’s data, noting that the bank’s crypto exposure has grown significantly within a few months. MacroScope […]
The bearish market bias in the cryptocurrency market continues into the second day as Bitcoin (BTC) falls below the $47k line. As expected, most altcoins have posted heavy losses, causing the crypto market valuation to shed over $100 billion in a day. Just two days ago, the benchmark cryptocurrency traded at multi-month highs after peaking […]
If you have had questions about the hype surrounding Lightning Network is or what it does, look further because this article will lay your concerns to rest. Bitcoin (BTC) was originally designed as an electronic peer-to-peer payment solution. However, the benchmark cryptocurrency has since grown to become a reliable means of exchanging value without involving […]
The Mayor of Jackson, Tennessee, recently tweeted that the price of Bitcoin (BTC) will only continue to increase as the Fed continues to print money. He noted that: “As the Feds continue to print more USD, this chart will continue to rise. Bitcoin could be the present but is definitely the future monetary system, and […]
At the time, Bitcoin is the most popular Cryptocurrency. Nowadays, learning how to trade Bitcoin is a skill that is good to possess. In this article, we will attempt to discuss seven crucial tips you should know in order to be a successful Bitcoin trader. 1. Research the Market As we all know, before entering […]
Australian entrepreneur Fred Schebesta plans to give A$5 worth of Bitcoin (BTC) to Australians as an incentive for taking the COVID-19 vaccine. Given the population of Australia, Schebesta would distribute A$104 million (approx. 75 million USD) if the whole population gets vaccinated. The co-founder of the financial comparison website Finder made his intentions to reward […]
Bitcoin (BTC) and the rest of the cryptocurrency market traded lower in early Thursday, as the bearish sentiment that started at the beginning of the week grows. Bears took a cue from the failed attempt by the industry to change a tax reporting requirement in the US Infrastructure Bill. Despite the renewed bearish pressure, CEO […]
Bitcoin’s reputation has grown so much in recent times that it is now considered “Digital Gold”. There are 2 camps already; those who support Bitcoin as a better investment than Gold and those who say Gold holds the baton as a “store of value”. In this article, we have addressed this topic. Let’s find out […]
