The billionaire seems to have one foot in, one foot out when it comes to Bitcoin During a Christmas rally that has pushed the Bitcoin all time high mark ever higher, a pair of recent tweets indicate that a former critic of the digital currency is continuing to take steps towards a full-blown hodler conversion: […]
Continue Reading
While the announcement came as a surprise to some, a digital Lira has been in the works since 2019 As the country struggles with soaring consumer prices and an inflation rate in the double digits, in an announcement to members of Turkey’s Parliament central bank governor Naci Agbal revealed that “conceptual” research had been completed […]
Continue Reading
Bitcoin price remains in a strong uptrend and this presents a rosy outlook for BTC and many altcoins. The year 2020 was a forgettable one for many reasons including lockdowns and economic restrictions. The shutdowns resulted in the worst economic crisis seen in decades. At the same time, most governments and central banks have responded […]
Continue Reading
Ricardo Salinas Pliego breaks down his Bitcoin investment thesis. Ricardo Salinas Pliego, chairman at conglomerate Grupo Salinas and Mexico’s second richest man, has revealed to Cointelegraph in an interview that he bought his first Bitcoin in 2013, when it was worth around $200. That, according to the billionaire, was his “best investment ever”. After holding […]
Continue Reading
The Bitcoin price tops $24,600 on Christmas as crypto Twitter explodes with euphoria. Crypto Twitter rang in the Christmas cheer with a new all-time high for Bitcoin (BTC), culminating a tremendous year for the digital asset. The Bitcoin price peaked at $24,661.76 on Bitstamp, surpassing the previous record set last week. The altcoin market also […]
Continue Reading
Mayor Francis Suarez is learning about Bitcoin from the Winklevoss twins and Anthony Pompliano. Miami mayor Francis Suarez is the latest high-profile figure to tout Bitcoin (BTC), offering more evidence that mainstream adoption is growing. In a Thursday tweet, Suarez called Bitcoin a “stable investment” during an “incredibly unstable year,” adding that he’s learning about […]
Continue Reading
DeFi, like crypto as a whole, features brilliant and questionable projects in equal measure. As 2020 comes to a close, it’s a good time to reflect on the biggest crypto developments and the wild ride the sector took investors on. At the beginning of the year, Bitcoin (BTC) was hovering just above $7,000, and the […]
Continue Reading
With crypto exceeding all monetary expectations in 2020, some mainstream analysts have reverted to long-forgotten arguments from 2017. As anyone following the crypto industry will have noticed, yes, Bitcoin (BTC) did recently smash its previous all-time high of around $20,000. Now, many analysts anticipate the cryptocurrency to eventually rise to the mid-$30,000s or even higher […]
Continue Reading
Michael Saylor announces another $650 million purchase of Bitcoin as price dips from weekend highs. Business intelligence company MicroStrategy has added to its Bitcoin (BTC) stash, with a purchase of 29,646 BTC for a total of $650 million, an average of around $21,925 per Bitcoin CEO Michael Saylor tweeted the news immediately following a pullback […]
Continue Reading
The Central Bank of Nigeria’s “Naira defense” policy is pushing more Nigerians towards Bitcoin and crypto adoption. Peer-to-peer (P2P) Bitcoin (BTC) volume in Nigeria continues to rise as Africa’s largest economy remains a bastion for crypto adoption. According to Quartz Africa, data from the Bitcoin P2P marketplace Paxful show the country ranks second only to […]
Continue Reading