El Salvador has passed a resolution making Bitcoin a legal tender, making it the first country in the world to do so (via The Guardian). Citizens will be able to use Bitcoin for everything from paying taxes and obligations to purchasing products and services, according to the law. President Nayib Bukele championed the idea, claiming …
Many people are still skeptical that stablecoins like tether and others are truly stable. Because of Bitcoin’s high volatility, stablecoins have emerged. Stablecoins are cryptocurrencies that are designed to reduce the volatility of the stablecoin’s price. A “stable coin” is a cryptocurrency that is linked to another stable asset, such as gold or the US …
REMITANO: Today, many people want to know how to buy bitcoin. Given bitcoin’s meteoric rise and the ease with which it can be obtained through P2P trading platforms such as Remitano, the asset’s popularity is growing. BTC is one of the most valuable assets to own, not because it was the first decentralized, anonymous global …
Coinbase has announced that users in the United States can now purchase cryptocurrency using their PayPal accounts. It claims that the feature provides a “familiar and trusted” experience for users purchasing any of the numerous cryptocurrencies that the exchange currently supports and that using PayPal as an intermediary eliminates the need to provide your bank …
BITCOIN: MicroStrategy CEO Michael Saylor announced on Monday that, following a weekend meeting with Tesla CEO Elon Musk and “leading Bitcoin miners in North America,” the group has agreed to form a Bitcoin Mining Council to “promote energy usage transparency [and] accelerate sustainability initiatives worldwide.” Earlier in the day, Musk tweeted that the group had …
Are you interested in FX trading? Do you already have a currency pair in mind that you want to trade? If so, you should find out if it is prone to volatility, as this is regarded as the most important factor to consider when trading Forex. Choosing the currency pair to trade is regarded as …
Elon Musk, Tesla’s CEO, tweeted that “Tesla has stopped accepting Bitcoin for vehicle purchases, citing environmental concerns.” Bitcoin’s price fell by about 5% in the first minute after Musk’s announcement. Elon Musk also stated that Tesla will no longer sell any of the $1.5 billion Bitcoin stashes that was discovered in February of this year. Tesla …
Cryptocurrency is one of the best places to put your money. It is a means of achieving financial success as a trader or long-term investor. In 24 hours, cryptocurrency can make you a millionaire with your thousands but be prepared for the worst part because nothing comes without a disadvantage. However, there are some amazing …
On Wednesday, Vitalik Buterin contributed $1.5 billion in cryptocurrencies to many non-profit organisations, including $1 billion to a COVID-19 aid fund in India, in one of the largest-ever person philanthropic campaigns. Or, at the very least, it was the value of the cryptocurrencies he used to make the gift, all of which are dog-themed. Buterin, …
BLOCKCHAIN: As the price of bitcoin reaches new milestones and cryptocurrencies becoming more commonplace, the industry’s growing carbon footprint becomes more difficult to overlook. Elon Musk revealed last week that Tesla is halting bitcoin vehicle sales due to the environmental effects of the fossil fuels used in bitcoin mining. We welcome this judgment, and it …