While the president of El Salvador has been quite accommodating with the new cryptocurrency development in the country, the citizens have expressed their concerns and are reluctant to adapt to the newest financial regime.
The hardware wallet will by no means be Square’s first dive into the cryptoverse. Square’s Cash App enables users to buy and sell crypto.
Bloomberg Intelligence’s senior commodity strategist shares the comparison between Bitcoin and Crude oil with regards to their volatility. While he expects BTC to surge further, the strategist thinks crude price can correct based on recent volatility.
The executive of the PBoC says that digital currencies raised potential threats to financial security and social stability.
The United States of America and Kazakhstan are amongst the new havens that the majority of Bitcoin miners are exploring.
The research study also stated that 75% of millennials would use cryptocurrencies if they had a better understanding of them.
The results are not limited to mining revenue. Glassnode reveals that average block times have peaked over the past few days rivaled only by levels during Bitcoin’s infancy around 2009-2010.
Global Investment firm, Goldman Sachs, says Ethereum presently assumes the greatest ‘potential’ as a sought-after platform which can overtake Bitcoin.
In her new role, Korver will advise the Acting Director of FinCEN Michael Mosier on the questions related to Bitcoin adoption and financial crimes.
The crypto exchange platform Binance will no longer serve the SEPA payments to their users due to conditions beyond the exchange’s control.
The linkup between Allied Payment Network and NYDIG is expected to help meet the growing demand for crypto and BTC-related services.
Mashinsky says Bitcoin is best held as a store of value, while Ether’s primary use is yield farming.
Barclays announced yesterday that it was suspending debit and credit card payments from customers in the UK to Binance, citing the FCA’s recent action against the crypto exchange.
PBOC and the Chinese Government joined hands to practice a permanent crypto ban in the region citing environmental issues.
It has been revealed that “The Bitcoin King” has been under investigation in the past for related crimes in Europe and the US.