After yesterday’s excellent crypto market bull run, Bitcoin’s price continues to trade sideways at the $23.5k level. The global cryptocurrency market cap remains healthy above the $1 trillion level, signaling a good potential for an additional bullish move this weekend. Ethereum price remains above the $1.6k level as the crypto asset continues to trade sideways. Bitcoin News El Salvador is in the news today, as the country’s finance minister, Alejandro Zelaya, says Bitcoin’s adoption could significantly impact its unbanked population. According to a report from Bloomberg: “El Salvador’s finance minister defended the country’s strategy to adopt Bitcoin as legal tender
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Bitcoin rose for a third consecutive session on Friday, as prices rose above $24,000 to end the work week. Today’s rise comes as sentiment in crypto remains bullish, following Wednesday’s interest rate hike by the Fed. Ethereum was also higher, as prices approached $1,800. Bitcoin Bitcoin (BTC) was trading higher for a third straight day, […]
The global lending institution, the International Monetary Fund (IMF) has told the Kenyan central bank that its proposed digital shilling must “do no harm” to existing private sector digital money. The lender insisted the proposed central bank digital currency (CBDC) must “not stifle such welcome digitalisation developments by taking away customers of banks and other […]
In Bitcoin.com News’ inaugural newsletter featuring the biggest crypto and economic news stories from Africa, the head of an African regional central bank, Herve Ndoba, implores the bank’s board to introduce a common digital currency. At the same time, the regional bank warned that the Central African Republic’s bitcoin law is incompatible with regional laws. […]