usd/btc

10

Sep

Poll finds 27% support for making Bitcoin legal tender in US

Republicans show less support for recognizing Bitcoin as legal tender than Democrats, and baby boomers think its a dreadful idea. A new poll has found that 27% U.S. residents support the government recognizing Bitcoin as legal tender. According to a poll from research and data analytics firm YouGov, 11% of respondents “strongly support” the idea that Bitcoin should be […]

altcoins

09

Sep

Delta Exchange launches options trading for Solana & Cardano

Crypto derivatives markets are growing in popularity as traders seek strategic, short-term exposure to digital assets. Crypto derivatives platform Delta Exchange announced Wednesday that it has launched futures trading on Solana (SOL) and Cardano (ADA), giving investors a new access point to the leading altcoins. The initial rollout of SOL and ADA call and put options will[…]

usd/btc

09

Sep

El Salvador buys the dip as Bitcoin price flash crashes to $42.9K

Volatility returned to the cryptocurrency market in a “buy the rumor, sell the fact” scenario for Bitcoin. El Salvador appears unfazed, as President Nayib Bukele bought the dip. Bitcoin (BTC) holders took profits on Tuesday, just as El Salvador moved to recognize the digital currency as legal tender in a landmark move that could have significant implications[…]

cbdc

09

Sep

Roxe hires ex-IMF economist to lead BTC-backed CBDC project

Central bank digital currencies are the next frontier for blockchain. Roxe wants to make BTC hashrate the anchor for future CBDCs. Global payment network Roxe has recruited a seasoned economist from the International Monetary Fund, or IMF, to help lead its central bank digital currency project backed by Bitcoin’s (BTC) hashrate.  Andreas Jobst, whose career spans the[…]

BTC Chart

09

Sep

El Salvador reportedly fixes crypto wallet after bumpy Bitcoin rollout

Chivo Bitcoin wallet was taken down for five hours for maintenance after users reported various issues with the application. El Salvador’s Bitcoin (BTC) adoption drive met its first roadblock after citizens reported problems downloading and operating the state-run Chivo wallet.  While the wallet was taken down soon after it went live, Salvadoran President Nayib Bukele later announced[…]

crypto

07

Sep

Crypto mining demand soars in Vietnam amid Bitcoin rally

One crypto mining rig seller in Vietnam has reportedly seen its sales triple in early September, with GPUs selling at premium prices. The cryptocurrency mining market in Vietnam is reportedly reviving amid the renewed crypto rally, where Bitcoin (BTC) has surged above $51,000 for the first time since May. Crypto-related entrepreneurs and enthusiasts in Vietnam have witnessed a significant[…]

bitcoin

07

Sep

German asset manager “Union Investment” seeks BTC exposure for several funds

German funds and asset managers are expanding their horizons on crypto investments now that the nation has more favorable laws governing Spezialfonds. Union Investment, a $500 billion asset manager, is planning to add Bitcoin (BTC) to several investment funds as part of a targeted pilot program for its institutional clients, offering compelling evidence that crypto is becoming more[…]

usd/btc

07

Sep

El Salvador purchases first 200 BTC, President Bukele confirms

El Salvador is the first country in the world to recognize Bitcoin as legal tender. Despite opposition from local groups, the government believes cryptocurrency will be a net positive for the economy and society. El Salvador president Nayib Bukele confirmed Monday that his government has purchased its first 200 Bitcoin (BTC) ahead of the Sept. 7 rollout[…]

BTC Chart

06

Sep

Supply shock metric says Bitcoin BTC should cost at least $55K

Bitcoin (BTC) should cost at least $55,000 per coin according to one metric measuring its so-called “supply shock.” The supply shock valuation model delivers an extra reason to be long-term bullish on upward price movement. In a tweet on Sep. 5, analyst Willy Woo highlighted what he added is a “conservative” price estimate for BTC/USD. BTC price plays catch-up[…]

crypto

06

Sep

Cryptocurrency can actually make a difference by helping people

The simplicity of cryptocurrency could be a game-changer for charities. One influencer is capitalizing on this to save a sanctuary for at-risk youth. Between Bitcoin (BTC) breaking the $50,000 hurdle and the upswell in the altcoin markets, crypto has never been more appealing to speculators. But, stacking profits through trading is worthless unless that money is spent. Luckily, charitable organizations are[…]

gold

05

Sep

Gold, bond portfolios are ‘naked’ without Bitcoin – Analyst

The declaration appears as Bitcoin pops back above $50,000, with its addition in a Gold-Bond portfolio outperforming the S&P 500 index. What is protecting an investment portfolio from potential stock market volatility? As per Bloomberg Intelligence’s Mike McGlone, a merged exposure of Bitcoin (BTC), gold, and government bonds. The senior commodity strategist, who sees BTC heading to $100,000, pitted[…]

uniswap

04

Sep

SEC reportedly investigates decentralized exchange Uniswap

Enforcement attorneys are reportedly looking for information about Uniswap’s marketing and investor services. The United States Securities and Exchange Commission is reportedly investigating the startup behind the world’s largest decentralized cryptocurrency exchange, Uniswap. The U.S. securities regulator has initiated a probe into Uniswap’s main developer, Uniswap Labs, the Wall Street Journal reported on Friday. The report says that enforcement[…]

usd/btc

04

Sep

Shop.com now accepts Bitcoin payments after partnership with BitPay

The e-commerce portal offers the option to pay with Bitcoin, Ether and Dogecoin as well as several major dollar-pegged stablecoins. United States-based e-commerce platform Shop.com is the latest site to adopt cryptocurrency payments.  The company, which is owned by Market America, announced its partnership with crypto payment service provider BitPay, which will allow it to accept payments[…]