The bitcoin-boosting president of El Salvador, Nayib Bukele, has bet the house on the first cryptocurrency. First by making it legal tender and then staking the country’s reputation on the bond market by announcing a bitcoin bond with low interest and a big upside if...
If you read the crypto press, you’ll find story after story this week about how the number of new bitcoin ATMs crashed this year, with just one-sixth as many installed in April as in December. The thing is, they haven’t. Or at least, those stories...
The Central African Republic has become the second country in the world to adopt Bitcoin as an official currency. In making BTC legal tender alongside the CFA franc on Wednesday (April 27), one of the poorest countries in the world is following the lead of...
Crypto may be coming to your retirement plan, and the regulators are not happy. The largest 401(k) provider, Fidelity, announced on April 26 that it will offer employers to option to allow 401(k) participants to invest up to 20% of their retirement savings account in...
When fear is the main factor driving investors, they pile back into dollars, driving everything else from the S&P 500 to gold — and especially bitcoin — down. So much for the argument that bitcoin is seen as a safe-haven investment by institutional or retail...
The Securities and Exchange Commission (SEC) has received hundreds of letters in support of the conversion of Grayscale Bitcoin Trust into the first spot Bitcoin exchange traded fund (ETF). The latest ones received just last week, April 21, and they may continue coming in until...
With bitcoin interest rates rising, trading volumes have gone down, a Bloomberg report says. The aggregate 30-day moving average volume for bitcoin, taken into account across Coinbase, Bitfinex, Kraken and Bitstamp, the report says, was at its lowest levels since August 2021, per data from...
Bitcoin-based payments firm Strike last night announced deals that will bring crypto payments to NCR point-of-sale terminals, Shopify and prepaid payments provider Blackhawk Network. The announcement brings bitcoin, originally designed as a peer-to-peer payments tool, back to its roots as a potentially serious alternative in...
Payments network Strike announced its integration with Canadian eCommerce platform Shopify, which will allow global merchants to accept bitcoin payments, according to a Thursday (April 7) press release. The integration aims to make things easier for merchants by allowing them to accept the digital currency...
