Tag: Bitcoin

The Governor of the popular Indonesian province and tourist hot spot, Bali, recently issued a strong warning against using cryptocurrencies as a form of payment in the region. During a press conference on May 28, 2023, Governor Wayne Koster emphasized that tourists who attempt to use Bitcoin or other cryptocurrencies ...

Bitcoin (BTC) is currently trading at $26,785, indicating a 2.03% increase in value over the past week. Despite a notable decline of 7.69% in its 24-hour trading volume, the recent price movement demonstrates a bullish trend as it successfully prevented BTC from dipping below the critical $26,500 support level. Source: ...

Ron DeSantis, the governor of Florida, has officially announced his candidacy for United States Presidency in 2024, and his declaration comes with an exceptional promise to "protect" Bitcoin if elected. DeSantis announced his intentions during a Twitter broadcast on May 24, 2023. Entrepreneur and Investor David Sacks moderated the announcement ...

The International Monetary Fund (IMF) recently published a report that highlighted a more optimistic view of the economic prospects of the Central African Republic (CAR) and linked it to the country's adoption of Bitcoin (BTC) and the potential impact of embracing cryptocurrency. According to the report, the country is forecasted ...

According to a recent survey conducted by Bloomberg's Markets Live Pulse, Bitcoin has the potential to become one of the top three assets in the event of a U.S. debt default.  The survey, conducted from May 8 to May 12, 2023, gathered responses from 637 participants, including both professional and ...

Lawmakers in the Texas House of Representatives have approved a new amendment to the state's Bill of Rights that protects individuals' freedom to own, hold, and use digital currencies. The decision was made on May 3, 2023, with an overwhelming majority of 139 votes in favor and only two against. ...

Bitcoin (BTC) has been experiencing significant fluctuations lately. On April 26, 2023, BTC plunged significantly, falling by over 7% within just one hour. Based on CoinGlass figures, traders incurred enormous losses of approximately $310 million in the last 24 hours due to extensive liquidations triggered by the rapid changes in ...

Cornelius Johannes Steynberg, the CEO of Mirror Trading International Proprietary Limited (MTI), has been fined a record fee of $3.4 billion by a Texas District Court Judge for his role in a Bitcoin fraud scheme.  The Commodity Futures Trading Commission (CFTC) released a press statement on the ruling on April ...

Argentina's securities regulator has given the green light for the launch of a Bitcoin-based futures index on the Matba Rofex exchange. The trading of the Bitcoin futures contract is scheduled to commence in May, marking the first regulated Bitcoin futures index in Latin America.  Matba Rofex's deputy general manager of ...

Introduction In recent years, there's been a radical shift in the way we express our love and appreciation for others. Instead of traditional gifts, like flowers, chocolates, and teddy bears, people are increasingly opting for digital currencies such as Bitcoin, Ethereum, and others.  Notably, in 2021, Ethereum was the top ...