Tag: bitcoin adoption

Jul 23 2021

Twitter CEO Jack Dorsey Says Bitcoin Will Be A Big Part Of The Social Media Giant’s Future

Bitcoin adoption continues to creep more into the mainstream with each passing day. Twitter CEO Jack Dorsey said in a recent Twitter earnings call that bitcoin will be a “big part” of the social media’s giant future going forward. Dorsey...

Jul 22 2021

Tesla Will Most Likely Resume Accepting Bitcoin (BTC) – Elon Musk

Elon Musk has stated that Tesla will most likely resume accepting Bitcoin for car payments He pointed out that Bitcoin mining had shifted more towards renewables as China clamped down on coal-powered BTC mining within its borders Mr. Musk made the comments during 'The ₿ Word' virtual conference that was attended by Cathie Wood, Jack Dorsey, Elon Musk and moderated by Steve Lee...

Jul 13 2021

Bitcoin (BTC) Dips to $32.2k as US Consumer Index Increases By 5.4%

The US Consumer Index has risen by 5.4% in June from a year ago This increment is the highest annual rate increment since August 2008 The US consumer is paying more for goods and services as inflation bites News of the increased Consumer Index has caused Bitcoin to once again lose its $33k support to post a local low of $32.2k The US...

Jul 06 2021

Ukranian Bank Monobank To Start Offering Bitcoin Trading

Ukrainian e-bank Monobank has expressed its interest in wanting to offer customers bitcoin trading by July. The bank has applied to the Bank of Ukraine to approve its application for a bitcoin debit card. This comes as the Ukrainian government progresses on crypto-related legislation. The announcement came from an earlier report which had cited the bank’s co- founder. Oleg Gorokhovsky who is the co-founder...

Jun 29 2021

Crypto.com Becomes a Global Partner of Formula 1

Formula 1 has announced a global partnership with Crypto.com Crypto.com is now a global partner and inaugural partner of the new Sprint series of 2021 The partnership will kick off on Saturday 17th July at Silverstone Crypto.com and Formula 1 will work together for the remainder of the 2021 season More crypto projects are inking sponsorship deals and partnerships with sports organizations Formula...

Jun 25 2021

El Salvador’s Bitcoin (BTC) Law to Take Effect on September 7th

El Salvador's law embracing Bitcoin as legal tender will take effect on September 7th The Government of El Salvador has pledged to airdrop $30 to each adult citizen who use the country's very own Bitcoin wallet of Chivo The airdrop could be worth $180 million or more using an estimated adult population of 6 million Bitcoin adoption continues to grow with Paraguay also...

Jun 22 2021

Satoshi Nakamoto Deserves a Nobel Prize in Economics – Michael Saylor

Microstrategy CEO believes that Satoshi Nakamoto deserves a Nobel Prize in Economics Mr. Saylor also adds that Satoshi should receive another Nobel Prize for the invention of a monetary system that does not rest on the threat of violence Microstrategy recently bought 13,009 Bitcoins for $489 million Michael Saylor and Microstrategy are playing the long game with Bitcoin The CEO of Microstrategy, Michael...

Jun 20 2021

Crypto Kiosks To be Installed in 29 H-E-B Grocery Stores in Texas

Crypto adoption is gaining traction in Texas Coin Cloud will install Crypto kiosks in 29 H-E-B Grocery stores in the state The machines will provide customers access to over 30 digital assets including Bitcoin, Ethereum, Dogecoin, USD stablecoins and numerous DeFi tokens Governor Abbott believes 'Texas will be the crypto leader' Crypto adoption has taken a giant leap forward in the State of...

Jun 19 2021

The Use of T.A Could Make Bitcoin’s Death Cross Self-fulfilling

Many traders use technical analysis to determine Bitcoin's short-term price movements This could lead to a 'self-fulfilling' death cross as Bitcoin traders expect further losses Bitcoin's 50-day moving average is in the process of crossing the 200-day moving average to confirm the death cross Bitcoin's price will most likely continue to drop in the months to follow Bitcoin and crypto analyst, Timothy Peterson...

Jun 14 2021

Allianz Chief Economic Advisor Says Elon Musk has a Huge Influence on Bitcoin Adoption

Mohamed A. El-Erian, the chief economic advisor for Allianz, an asset management and insurance firm recently appeared on CNBC's Squawk Box, where he talked about Fed's recent meeting,...

Jun 05 2021

El Salvador Likely The First Country To Declare Bitcoin As Legal Tender

There's significant news coming out for Bitcoin's adoption as the Latin American country of El Salvador has announced that it's submitting a bill to make Bitcoin as the legal tender in the state on 06 June. The announcement was preceded by a mysterious little note from the official Twitter account of the...

May 05 2021

NYDIG Partners With FIS to Enable Banks Offer Bitcoin Buy/Sell Options For US Customers

NYDIG, the leading financial and technology firm focused on Bitcoin has...

May 02 2021

Charlie Munger’s ‘Disgusting’ Bitcoin Comment Suggests Bitcoin Still in Early Adoption Phase

Charlie Munger, the vice-chairman of Berkshire Hathway made headlines yesterday during the shareholders meeting when the inevitable question about Bitcoin came up. Munger said he "hates the success of Bitcoin" and...

Apr 20 2021

Bitcoin and the Crypto Markets are Yet to Hit a Top – BTC Analyst

Bitcoin and Crypto analyst MagicPoopCannon, has forecasted that the top is not in He cites that the Bitcoin 200 week MA divergence heat map, is yet to show exhaustion However, a top is near with Magic seeing a possible Bitcoin top at $80k - $90k Popular Bitcoin and Crypto Analyst, MagicPoopCannon, has forecasted that Bitcoin and the crypto markets are yet to hit...

Coinbase to Become the First Company to Pay WeWork in Cryptocurrency

WeWork has announced it will begin accepting crypto payments The move is in partnership with BitPay and Coinbase BitPAy will handle the payments with WeWork accepting Bitcoin, Etheruem, USD Coin (USDC) and Paxos (PAX) WeWork will hold the crypto paid for services on its balance sheet Coinbase will become the first company to pay WeWork in crypto The flexible working space company of...

Mar 31 2021

Morgan Stanley Reportedly Set To Launch ‘Direct Ownership’ of Bitcoin For Clients

Morgan Stanley, the American banking giant is reportedly working towards rolling out "Direct Ownership" of Bitcoin for its wealthy clients within their wealth management platform. The set feature is expected to debut in 2-3 weeks' time. The said report also mentioned the bank is organizing weekly calls to educate its wealth advisors on Bitcoin. A The post Morgan Stanley Reportedly Set To Launch...

Mar 09 2021

IRS Launches “Operation Hidden Treasure ” to Curb Unreported Crypto Earnings

The US Internal Revenue Service (IRS) is reportedly launching an investigation into unreported crypto earnings to put a curb on crypto fraud. The investigation is reportedly called "Operation Hiden Treasure" and it would be focused on everyone who has ever dealt in cryptocurrencies, cashed out, and didn't pay a tax on their gains. Operation Hidden The post IRS Launches "Operation Hidden Treasure "...

Feb 17 2021

Gartner: 5% of Business Executives Intend to Invest in Bitcoin as a Corporate Asset

Gartner, a renowned global research group recently conducted a survey of business executives about their interest in Bitcoin a rapidly growing choice of investment of executives and institutions. The survey...

Dec 04 2020

Editorial: Bitcoin Adoption Faster Than Internet and Mobile Phones

Bitcoin in 2020 is proving to be a true hedge against inflation as more mainstream financial giants are coming out in support of the top cryptocurrency and making it available to their clients. Many...

Nov 29 2020

Editorial: Why the 2020 Bitcoin Bull Run Ain’t Over Yet?

Nov 29 2020 Published at Coingape under tags  bitcoin bitcoin adoption btc btcbrl btcbusd

Bitcoin experienced a $3,000 price crash as it was inching close to its 2017 price high, the price fell from $19,800 to below %16,500. Currently, bitcoin is consolidating around $17,000 and is expected to bounce back and go past its all time high. However, despite the price crash, the bitcoin community is quite bullish as The post Editorial: Why the 2020 Bitcoin Bull...

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