Archives for: November 29th, 2021

El Salvador takes advantage of Bitcoin slip to make huge purchase

Written by: ( November 29, 2021 )

Nayib Bukele, President of El Salvador, purchased the Bitcoin (BTC) dip again and invested more than $5 million in Bitcoin, as the price fell below $54,000 on Friday. El Salvador’s president tweeted Friday that he purchased 100 BTC after a global market selloff due to the discovery of a COVID-19 variant in South Africa. Data […]

Australian baseball team to pay players in Bitcoin

Written by: ( November 17, 2021 )

Australian baseball club Perth Heal announced an association with OpenNode to accept and make payments in Bitcoin (BTC). The association allows the team to pay professional players and staff in Bitcoin. Australia has often been recognized as more accepting of cryptocurrency, and this is another example of its continued embrace of digital money. According to […]

The Bitcoin white paper turns 13 years old

Written by: ( November 1, 2021 )

The 14th birthday celebration of the Bitcoin (BTC) white paper has crawled up as the world keeps on managing a worldwide pandemic, expansion fears, an astonishing memecoin lunacy pattern and developing institutional reception of the cryptocurrency space. 13 years ago, on October 31, Satoshi Nakamoto delivered the BTC white paper to a cryptocurrency mailing list […]

Europe has the largest cryptocurrency market, but it isn’t led by Bitcoin

Written by: ( October 1, 2021 )

The universe of cryptocurrency is refocusing in 2021, following a few unpredictable years. Currently, the value of the worldwide digital currency market has surpassed $2.07 trillion, as indicated by CoinGecko, which tracks in excess of 8,800 coins. According to other information by Chainalysis, Europe is the world’s biggest cryptocurrency market, with interest in Decentralized Finance […]

The Lightning Network arrives on Paxful marketplace

Written by: ( September 15, 2021 )

Paxful, the peer-to-peer digital asset marketplace, wants to improve cryptocurrency transactions on the platform. It announced yesterday that it had adopted the Lightning Network (LN), Bitcoin’s (BTC) layer 2 payment protocol, to facilitate transactions and send BTC “in a matter of seconds with much lower fees.” The LN will reportedly be available across the company’s […]

Cuba becomes the latest country to realize cryptocurrency’s potential

Written by: ( August 30, 2021 )

Cuba is joining other Latin American countries in realizing the potential of cryptocurrency. The Central Bank of Cuba issued a resolution last week that will establish the necessary rules to regulate the use of digital assets, including Bitcoin, in all forms of commercial transactions. It will also create the licensing procedures for all service providers […]

Apple co-founder Steve Wozniak says Bitcoin is better than gold

Written by: ( July 9, 2021 )

Steve Wozniak, the co-founder of Apple, has reiterated his positive position on Bitcoin (BTC) in spite of not owning the cryptocurrency. The Woz, who once considered it the “only digital gold,” alluded to BTC as a “miracle of technology” and a “unique mathematical formula” while speaking at Talent Land Digital 2021, a virtual event in […]

Cryptocurrency adoption in the UK on the rise

Written by: ( June 17, 2021 )

A new study by the UK’s Financial Conduct Authority (UJ) reveals that there has been a significant increase in cryptocurrency ownership in the country. The FCA published the results of a consumer survey today that found that 2.3 million adults in the UK are holding cryptocurrency assets. This is an increase from the 1.9 million […]

Twitter might be planning Lightning Network Integration

Written by: ( June 11, 2021 )

Twitter founder Jack Dorsey made history when he sold the first-ever tweet as a non-fungible token, but his interest in cryptocurrency and blockchain goes well beyond digital tradables. Also behind the Square payments solution, Dorsey recently hinted that Twitter might soon bring Bitcoin’s Lightning Network (LN) onboard. The idea is apparently just in the first […]

El Salvador appears ready to embrace Bitcoin as legal tender

Written by: ( June 7, 2021 )

During the Bitcoin 2021 conference last week, the president of El Salvador, Nayib Bukele, made an appearance. Not in person, but through a recorded video message that has the cryptocurrency community busy trying to figure out what’s next. Bukele announced that El Salvador could soon pass legislation that would make Bitcoin (BTC) legal tender in […]