Bitcoin price eyes $50K as the US Dollar retreats after hitting its one-year high
Rising jobless claims in the U.S. sparked selloffs in the dollar market. On the other hand, Bitcoin held onto its intraday gains. Go to Source Powered by WPeMatico
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A Rocky Start for Bukele’s Bitcoin Law — El Salvador After Adoption
The adoption of bitcoin as legal tender in El Salvador has been one of the biggest events in the cryptocurrency world this year. However, Nayib Bukele, president of the country, has taken a course of action many consider mistaken. In any case, the Bitcoin Law has put Bitcoin in the global spotlight as a potential … Read more
El Salvador ranks third in global Bitcoin ATM installations, data finds
The Salvadorian government has installed over 200 ATMs in September after adopting Bitcoin as a legal tender. Go to Source Powered by WPeMatico
Stablecoins: crypto house of cards?
In our latest video report, Cointelegraph addresses the systemic risk posed by stablecoins. Go to Source Powered by WPeMatico
Russian State Hermitage raises $440K via Binance NFT auction
Da Vinci’s artwork has received the highest bid of 150,500 BUSD in the Hermitage’s first NFT auction on Binance. Go to Source Powered by WPeMatico
Bitso to assist the launch of El Salvador’s official Bitcoin wallet Chivo
Mexican crypto exchange Bitso is announced as a core partner for El Salvador’s state-issued BTC wallet. Go to Source Powered by WPeMatico
Not Legal Advice… America: The world’s most creative junkie
What the United States needs is tens of billions of dollars, and the state is going to take it from the American crypto community. Go to Source Powered by WPeMatico
Retirees in El Salvador protest against Bitcoin adoption
Retirees and veterans in El Salvador are worried that the government would start paying their pensions in Bitcoin instead of the U.S. dollar. Go to Source Powered by WPeMatico
Bitcoin set to replace gold, says Bloomberg strategist on Bretton Woods 50th anniversary
The statement appeared as a takeaway from Blockworks’ Bretton Woods: The Realignment conference that gathered economists, macro analysts, and investors to discuss Bitcoin. Go to Source Powered by WPeMatico
The 50th Anniversary of ‘Nixon Shock:’ How Suspending the Dollar’s Convertibility With Gold Fueled Today’s Fiat World
Approximately 50 years ago today, Americans were introduced to ‘Nixon Shock’ when the 37th president of the United States suspended the convertibility of the U.S. dollar into gold. Since this point in time, the U.S. economy has never been the same as many believe Richard Nixon ushered in a new era of uncontrollable fiat currency … Read more
