Bitcoin mining stocks have performed much better than Bitcoin has in the last one year. These stocks are rising despite China’s crackdown.
Per the laws of El Salvador, salaries, fees, taxes and other payments can be made only via the recognized legal payment methods. Before Bitcoin was adopted, El Salvador had colónes or US dollars as its legal tenders.
PlanB tweeted on Tuesday asserting that we are entering the next BTC bull run.
Unregulated trading, plus wind and solar energy are in abundance in Texas. All this makes this location quite attractive for Bitcoin miners.
Now users of the Bakkt app can conduct digit asset transactions, like those related to gift cards, cash and Bitcoin, instantly and with anyone, even those who do not have the Bakkt app on their phones.
Bitcoin price remains volatile with the swing in any direction possible but Draper is confident the overall trend will be bullish in the foreseeable future.
Hedge funds are looking to play bigger in crypto as a survey reveals that their portfolios may increase to $312 billion by 2026.
Six giants of the insurance world tread into the growing market of cryptocurrency by acquiring profit from the stocks of Grayscale Investments, the daughter organization of Digital Currency Group.
The billionaire hedge fund manager also noted that he would go “all-in” on crypto if the US Federal Reserve remains nonchalant about the rising inflation and consumer prices.
Goldman Sachs executive said that the recent market rout provides a great opportunity to new entrants and its clients are showing greater interest in crypto-based products in recent times.
Soon after completing the $500 million bond sale, MicroStrategy is willing to raise another $1 billion with the public sale of its Class A common stock and using those proceeds to buy Bitcoin.
The Tanzanian President’s statements on adopting Bitcoin as the new digital currency seem to be influenced by the recent alterations administered by El Salvador where BTC has been declared as a legal tender.
The new Virtual Currency Bill passed by Texas and the state banking committee gives all banks the right to offer crypto custodial services to its clients.
There are several ways of earning money on cryptocurrencies in the digital assets market. Unfortunately, not all of them deserve attention.
Despite the apparent volatility of Bitcoin’s value, growing consumer acceptance and investor confidence in cryptocurrency are expected to eventually lead to more stability in its value.