Bitcoin

Bitcoin
IMF’s Silence Signals El Salvador Needs to Abandon Bitcoin to Secure $1.3B Loan
January 28, 2022

El Salvador is still asking the International Monetary Fund (IMF) for a $1.3 billion loan, and the IMF is still asking El Salvador to drop bitcoin as legal tender. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Bitcoin
El Salvador Turns to DeFi, Uses Bitcoin-Backed Microloans to Fight Loan Sharks
January 21, 2022

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Bitcoin
Bitcoin’s Slide Casts Doubt on Its Usefulness for Payments
January 21, 2022

Bitcoin has transformed from a cryptocurrency into a store of value on par with gold as an inflation hedge. So said Wall Street and institutional investors diving into BTC and the broader crypto market in 2021 — Gold 2.0. It’s a narrative many in the...

Bitcoin
Bitcoin Miner Rhodium’s S-1 Cites Halving as Bitcoin’s Biggest Systemic Risk
January 18, 2022

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Bitcoin
Fresh Volatility Could Signal Rocky Year for Bitcoin
January 11, 2022

Bitcoin is off to a rocky 2022, with prices tumbling below $40,000 for the first time since September, tracking to hit its worst start to a new year since 2012 and perhaps since its inception, Bloomberg reported. Get the Full Story Complete the form to...

Bitcoin
El Salvador: Regulatory Regime for Bitcoin ‘Volcano’ Bonds As Soon As February
January 09, 2022

El Salvador is apparently readying a new Bitcoin law. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...

Bitcoin
CSI, NYDIG Want to Bring Bitcoin to Community Banks
January 06, 2022

The FinTech and RegTech solutions provider Computer Services Inc. has joined forces with the bitcoin company NYDIG to offer bitcoin services to community financial institutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Bitcoin
Zebedee CTO Sees Bitcoin as the Universal Currency of the Metaverses
January 05, 2022

Nike’s selling virtual sneakers in the metaverse. Play-to-earn gamers in NFT-based Axie Infinity have bought and sold in-game items nearly 11.5 million times, with $3.81 billion changing hands. E-sports — watching people play video games over livestream — is a $1 billion business that attracts...

Bitcoin
El Salvador’s Bitcoin-as-Currency Experiment Ends 2021 on a Low Note
January 02, 2022

Without a fairly sharp jump, bitcoin is going to end the year below the $51,000 level at which El Salvador bought its first 200 BTC, a somber note for the largest cryptocurrency’s turn as an official national currency. Get the Full Story Complete the form...