So, what is bitcoin? By this time, most people know at least a little about bitcoin, the first cryptocurrency, and that there is also Bitcoin the blockchain. And while we’ll get into the basics about both of those, there’s a lot more to Bitcoin’s story...
Sunday was Bitcoin Pizza Day, the annual crypto industry holiday celebrating the first known use of bitcoin as a payments currency. And while it’s usually celebrated largely trying to find a pizzeria that will take crypto payments and reminding the buyer just how rich he’d...
Billions in bitcoin, bought as a reserve by the Luna Foundation Guard (LFG), a foundation set up by the failed Terra blockchain, is now untraceable after being moved to two crypto platforms, Bloomberg wrote Saturday (May 14). LFG reportedly bought $3.5 billion of bitcoin between...
Given the unpopularity and slender use of bitcoin as a currency in El Salvador, you’d think that President Nayib Bukele’s decision to spend another $15 million of the nation’s treasury buying more bitcoins on Monday (May 9) — right as the crypto market began to...
There’s a lot of attention being paid to bitcoin’s collapsing price today as it dipped below $31,000. And with good reason. As recently as a week ago, bitcoin pundits were wondering if it was going to push back above $40,000. Now, they’re talking about whether...
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...