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According to deVere Group CEO Michael deVere, Wall Street’s increased exposure demonstrates that institutions recognise Bitcoin’s value.

wall streets increased exposure shows institutions understand bitcoins value says devere group ceo

deVere CEO Nigel Green says institutional investors understand the value of cryptocurrency’s future-focused technology.…
The post Wall Street’s increased exposure shows institutions understand Bitcoin’s value, says deVere Group CEO appeared first on Coin Journal. …

El Salvador’s Bitcoin Fortune Nosedives with At Least $11M Loss: Bloomberg Analysts

el salvadors

With the crypto market witnessing massive liquidations affecting retail and institutional investors, El Salvador has also been on the receiving end with a loss of more than $11 million, given that it holds at least 1,391 Bitcoin, according to Bloomberg. (Read More)Source blockchain.news

Crypto Review 2021

crypto review 2021

The Covid-19 pandemic with Delta and Omicron variants still continues hitting the trading market, bringing uncertainty through the whole year. In addition, the trading market of cryptocurrencies has also been experiencing a high volatility journey within these twelve months. Before the end of 2021, this feature lets readers go through key milestones and events reviews. … Read moreCrypto Review 2021

Is MicroStrategy Considering Lending Their Bitcoin To Generate Yield? WHY?

Say it isn’t so! Apparently, MicroStrategy ‘s Michael Saylor is considering lending the company’s Bitcoin. On a corporate level, that makes all the sense in the world. As a Bitcoiner, it doesn’t. Will MicroStrategy actually go through with it? Is lending a reasonable strategy? What are the implications? Also, why are hardcore Bitcoiners so against … Read moreIs MicroStrategy Considering Lending Their Bitcoin To Generate Yield? WHY?

El Salvador Announces World’s First Bitcoin City, Backed By $1B Bitcoin Bonds

El Salvador is currently the only country in which Bitcoin (BTC) is legal tender. This move has witnessed many developments, as well as some pushback. Amid protests, technical glitches, and inevitable market volatility, El Salvador continues to drive BTC adoption. Related Reading | There Are More People Using Bitcoin Wallets Than Bank Accounts, Says El Salvador … Read moreEl Salvador Announces World’s First Bitcoin City, Backed By $1B Bitcoin Bonds

How Salvadorans Will Use Bitcoin To Pay For Their Bills: Bitrefill Launches Payment Service

Bitrefill, the startup that offers Bitcoin-funded prepaid cards for different services worldwide, launched a new bill-payment service that allows Salvadorans to pay for multiple basic needs using Bitcoin. The company made the announcement during the three-day conference Adopting Bitcoin carried in El Salvador, which brought together “the Bitcoin and Lightning community”. Bitcoin has been a … Read moreHow Salvadorans Will Use Bitcoin To Pay For Their Bills: Bitrefill Launches Payment Service

There Are More People Using Bitcoin Wallets Than Bank Accounts, Says El Salvador President

there are more people using bitcoin wallets than bank accounts says el salvador president

El Salvador had made history when it became the first sovereign nation to make bitcoin a legal tender. The September 7 official adoption had sent the entire space into jubilation as it had marked a significant stride for BTC. Barely a teenager, the digital asset had grown from being a relativity unknown internet coin to … Read moreThere Are More People Using Bitcoin Wallets Than Bank Accounts, Says El Salvador President

Zimbabwe Could Adopt Bitcoin As Legal Tender Following El Salvador

The adoption of Bitcoin by El Salvador has opened the door for more adoptions very soon. However, the first country to achieve it didn’t find it easy. There were lots of doubts and criticisms targeting El Salvadorian President Nayib Bukele. Some people stated that he influenced the legislature to approve the move. Other critical financial … Read moreZimbabwe Could Adopt Bitcoin As Legal Tender Following El Salvador

Monthly Report: US regulatory bodies are hot on the heels of digital assets

monthly report us regulatory bodies are hot on the heels of digital assets

October has been an eventful month for most of the top cryptocurrencies. Except for Cardano, the top 10 digital assets by market capital surged with a couple printing new all-time highs. The crypto scene has equally been active outside the markets, and here are some of the headlines you might have missed: FDIC considers approving … Read moreMonthly Report: US regulatory bodies are hot on the heels of digital assets

El Salvador Calls Another Bitcoin Dip With $25 Million Purchase

El Salvador has once again deepened its bitcoin bet with another purchase. The sovereign nation had made history as the first to officially implement bitcoin as a legal tender back in September. To mark the historical moment, President Nayik Bukele had announced that the country had bought 200 bitcoins. A promise to purchase more followed … Read moreEl Salvador Calls Another Bitcoin Dip With $25 Million Purchase

News From El Salvador, Mid October: Bitcoin Earnings, Pet Hospital, Motorcycles

news from el salvador mid october bitcoin earnings pet hospital motorcycles

Time to check back with El Salvador. Their Bitcoin experiment is well underway, and it’s already showing results. Are these results positive or negative? You be the judge of that. We’ll just present the facts, the tweets, and the photos. Can you believe everything the people we’re quoting say? Of course not. Everyone has an … Read moreNews From El Salvador, Mid October: Bitcoin Earnings, Pet Hospital, Motorcycles

News From El Salvador, Early October: The Chivo Ecosystem’s Stress Test

news from el salvador early october the chivo ecosystems stress test

Another month, another Bitcoin mined using volcanic power. That’s what’s happening in El Salvador, the little country that could. Plus, Moneygram alters its business. Problems and solutions with Chivo ATMs and the Chivo ecosystem as a whole. Stars in Bitcoin Beach and direct reports from the ground. This edition of our now regular news roundup … Read moreNews From El Salvador, Early October: The Chivo Ecosystem’s Stress Test

The President Shows El Salvador’s Volcano Bitcoin Mining Rig’s “First Steps”

the president shows el salvadors volcano bitcoin mining rigs first steps

Many people doubted Nayib Bukele’s Volcano Bitcoin-mining-calculator/">Bitcoin Mining plans, but here we are. The president shared a video via Twitter in which we can see an El Salvador government-branded container arriving at the geothermal power plant. The reveal is that the container is full of Bitcoin mining rigs and you can see the technicians plugging … Read moreThe President Shows El Salvador’s Volcano Bitcoin Mining Rig’s “First Steps”

2.1 Million Salvadorans Actively Using Chivo Wallet, El Salvador’s President Claims

Nayib Bukele, El Salvador president, has claimed that 2.1 million citizens are using the new government-backed Chivo cryptocurrency wallet. In a tweet, he implied the apparent success of Bitcoin in the country. El Salvador recently adopted Bitcoin as a legal tender on September 7, 2021, being the first country to do so. Related Reading | Just … Read more2.1 Million Salvadorans Actively Using Chivo Wallet, El Salvador’s President Claims

News From El Salvador, Late September: Chivo On Fire, LABITCONF, Build w/ BTC

news from el salvador late september chivo on fire labitconf build w btc

So, Bitcoin is legal tender in El Salvador. How did the experiment start? With fire and chaos. You could say that the implementation wasn’t the smoothest, but it’s advancing and people are learning. The narrative shifted from the remote beach town of El Zonte to the busy streets of San Salvador, but there’s action everywhere. … Read moreNews From El Salvador, Late September: Chivo On Fire, LABITCONF, Build w/ BTC

Just 10 Days After El Salvador’s “Bitcoin Day”, President Bukele Confirms 1.1 Million Citizens Have Chivo Wallet

El Salvador has now marked its 10th day of bitcoin being legal tender in the country. This is a huge milestone that could not have been predicted to happen this soon. But as with bitcoin, everything is happening on an accelerated timeline. The country had introduced its own government-backed crypto wallet named Chivo in order … Read moreJust 10 Days After El Salvador’s “Bitcoin Day”, President Bukele Confirms 1.1 Million Citizens Have Chivo Wallet

Bonds In El Salvador’s Market Struggle To Thrive Following Bitcoin Law

bonds in el salvadors market struggle to thrive following bitcoin law

The ongoing bitcoin adoption in El Salvador seems to be causing a lot of issues. But, for now, it seems to be the turn of Bond investors. The yields have recently spiked as investors show signs of uncertainty on what the economy holds in store. According to a Bloomberg report, the bonds yield curve has … Read moreBonds In El Salvador’s Market Struggle To Thrive Following Bitcoin Law

Latin America, Tipping Point: Axie Infinity Scholarships + Venezuela’s Petro

latin america tipping point axie infinity scholarships venezuelas petro

Do Latin America ‘s unique characteristics put the continent in position to adopt cryptocurrencies before the rest of the world? Or is El Salvador an isolated case? In Latin America, Tipping Point we’ll select the area’s most important headlines and summarize them in a few sentences and quotes. This is the jam-packed news compilation you … Read moreLatin America, Tipping Point: Axie Infinity Scholarships + Venezuela’s Petro

El Salvador’s Largest Bank Bancoagrícola Starts Offering Bitcoin Services to Customers

el salvadors largest bank bancoagricola starts offering bitcoin services to customers

Bancoagrícola, the largest bank in El Salvador, has started allowing its customers and merchants to use Bitcoin for payments towards credit cards, loans, and merchant goods and services. The bank has partnered with digital payments gateway Flexa to enable such integration. (Read More)Source blockchain.news

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