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Bitcoin

El Salvador’s Cryptocrazy President Will Run for President for the Second Timeย 

El Salvador’s Cryptocrazy President Will Run for President for the Second Timeย  Nayib Bukele, El Salvador’s populist president, has said that he wants to run for a second term. El Salvador’s President, Nayib Bukele, recently announced that he will run for re-election in 2024 to continue in office for another five years. If Bukele is …

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What happened when cryptocurrency businesses entered the carbon market?

What happened when cryptocurrency businesses entered the carbon market? Crypto companies claim that by putting carbon credits on the blockchain, they will be able to increase liquidity, reach a larger customer base, and drive more money to conservation efforts around the world. Crypto companies were on a roll in 2021. Bitcoin, the world’s largest cryptocurrency, …

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Bahrain Central Bank is testing a Bitcoin payment solution via an open node.

Bahrain Central Bank is testing a Bitcoin payment solution via an open node. The most recent press release, which came out on September 13, says that OpenNode is testing bitcoin payments with the Central Bank of Bahrain’s Regulatory Sandbox application, which is designed for Fintech apps. The main goal of Open Node is to show …

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Data Suggests Bitcoin Hasn’t Bottomed Out; Ether and Other Altcoins Fall in Monday Tradingย 

Data Suggests Bitcoin Hasn’t Bottomed Out; Ether and Other Altcoins Fall in Monday Tradingย  According to a recent report from South Korea-based Crypto Quant, a number of price valuation metrics show bitcoin falling to as low as $14,500 to $10,000. Monday’s trading was a tale of two cryptocurrencies.ย  A day before the release of the …

Data Suggests Bitcoin Hasn’t Bottomed Out; Ether and Other Altcoins Fall in Monday Tradingย  Read More »

El Salvador: One Year of Bitcoin and Counting

El Salvador: One Year of Bitcoin and Counting The projects on the ground of El Salvador’s Bitcoin adoption demonstrate how the country’s citizens seek financial education. El Salvador made history last year when the country adopted Bitcoin as legal tender. The decision gave legitimacy to what many of us have known for a long timeโ€”that …

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According to a Deloitte survey, one-third of merchants want to accept bitcoin payments.

According to a Deloitte survey, one-third of merchants want to accept bitcoin payments. Deloitte, the world’s largest accounting firm, conducted a survey from December 3โ€“16, 2021. What is the goal? to assess the likelihood of retail merchant stores accepting bitcoin as payment for cosmetics, electronics, food and beverages, fashion, and transportation One of the most …

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If it serves the national interest, the US Treasury will advise on issuing digital currency: source

If It Serves The National Interest, The US Treasury Will Advise On Issuing Digital Currency: Source As a response to President Joe Biden’s executive order on cryptocurrencies, the Treasury Department will give advice on how to move forward with a CBDC. This could be its most important idea. According to a person familiar with a …

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Bitcoin’s Growth Curve Outperforms Bonds, Gold, and Oil

Bitcoin’s Growth Curve Outperforms Bonds, Gold, and Oil According to a Bloomberg Intelligence analysis from August, the growth trajectory of Bitcoin closely resembles those of gold, oil, and the U.S. dollar. Treasury bonds (T).Senior commodities strategist Mike McGlone and senior market structure analyst Jamie Coutts compared the markets for bitcoin to those for gold, bonds, …

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Only Bitcoin can stop the money printers from turning back on as a result of the energy crisis.

Only Bitcoin can stop the money printers from turning back on as a result of the energy crisis. Adopting a currency that is incredibly difficult for the unproductive class to tamper with is the only way out of this dilemma. Bitcoin is that currency. Despite being a much anticipated disaster, the markets appear to be …

Only Bitcoin can stop the money printers from turning back on as a result of the energy crisis. Read More »