El Salvador President: Bitcoin law will be approved tonight
President Nayib Bukele’s Bitcoin Law will reportedly be passed in the Salvadorian congress tonight. Go to Source Powered by WPeMatico
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El Salvador Offers No Capital Gains Tax, Permanent Residence to Crypto Entrepreneurs
Nayib Bukele, president of El Salvador, has weighed in the future of his country now that there is a formal proposal for making Bitcoin a legal tender, announcing complementary measures. Bukele mentioned yesterday on Twitter there would be no capital gains on Bitcoin earnings, and also highlighted the possibility of offering permanent residence to crypto … Read more
Payments Firm Square May Build a Hardware Wallet, Dorsey Heckled at Bitcoin Conference Over Censorship
The cofounder of Twitter and the CEO of the payments firm Square, Jack Dorsey, has revealed his firm is contemplating creating a bitcoin hardware wallet in collaboration with the community. Dorsey revealed this in a tweetstorm and said he wanted to share some “guiding principles” concerning this possible venture. Dorsey: ‘Square Is Considering Making a … Read more
Jack Dorsey outlines Square’s tentative plans for Bitcoin hardware wallet
“Bitcoin is for everyone. It’s important to us to build an inclusive product that brings a non-custodial solution to the global market,” the CEO said. Go to Source Powered by WPeMatico
Bitcoin Dips as Elon Musk Tweets Broken Heart Emoji
The price of the leading cryptocurrency took a hit after billionaire Elon Musk mentioned Bitcoin in a new tweet hinting at a breakup. Musk’s latest crypto post, featuring a broken heart emoji and a reference to a Linkin Park song, effectively halted this week’s market rebound. Musk Tweet Pushes Bitcoin Price Down Before the Weekend … Read more
Bitcoin price slumps $2K on Musk’s ‘in the end’ tweets
Elon Musk continues playing with the crypto Twitter, causing more rage in the community. Go to Source Powered by WPeMatico
Beyond Dogecoin: The 5 hottest cryptos on Twitter this month
Elon Musk doesn’t have a monopoly on Twitter chatter, as these five cryptocurrency flavors-of-the-month proved in May. Go to Source Powered by WPeMatico
Powers On… Why the SEC, CFTC or FTC needs to check in on Elon Musk’s frenzied crypto tweets
Elon Musk, here we go again: It is not the first time his reckless tweeting has caused serious problems, but this time they’re for crypto. Go to Source Powered by WPeMatico
Crypto Proponents Become Skeptical of Closed-Door Meeting Between Billionaires and Bitcoin Miners
After Tesla’s Elon Musk and Microstrategy CEO Micheal Saylor revealed the revelation of a newly created “Bitcoin Mining Council,” the news became a viral subject. While some crypto supporters like the idea, others have been skeptical of a couple of billionaires having closed-door meetings with North American bitcoin miners. Bitcoin Mining Council Brings Back Memories … Read more
Crypto Markets Lose Billions, Weak Hands Capitulate, Stablecoin Market Surpasses $100 Billion
Digital currency markets have shed billions once again, as the entire crypto-economy has been cut down from well over $2 trillion to today’s $1.44 trillion market valuation. Bitcoin was coasting along just above the $38k handle before 9 p.m. (EST) yesterday evening but after that point, sellers started capitulating and the price dropped under $34k. … Read more