Search
Central Bankers Say Bitcoin Is High Risk Investment, Poor Store of Value, Could Collapse
10.9.2021
Two central bank governors have shared their opinions about bitcoin after the cryptocurrency became legal tender in El Salvador. The governor of the Bank of Mexico sees bitcoin as a high-risk investment and a poor store of value while the governor of Sweden’s central bank, the Riksbank...
Here’s why Algorand (ALGO) price just rallied to a new multi-year high
10.9.2021
Institutional investment, new governance features and a groundbreaking project with the government of El Salvador are just a few of the factors behind ALGO’s rally to a new all-time high
El Salvador's largest bank partners with Flexa for Bitcoin payments
9.9.2021
Bancoagrícola will work with Flexa to accept Bitcoin across the bank’s network for payments like loans and credit cards
As Bitcoin debuts in El Salvador, Honduras and Guatemala study CBDCs
9.9.2021
Honduras and Guatemala are studying central bank digital currencies and the value they could bring to their respective monetary systems
El Salvador adoption a ‘coming of age’ for Bitcoin, says Fidelity exec
9.9.2021
Fidelity's Jurrien Timmer believes that the significance of El Salvador’s Bitcoin move is “a little bit overplayed.”
Russia Not Ready for Bitcoin as Legal Tender, Putin’s Spokesman Peskov Says
8.9.2021
Russia has no reason to recognize bitcoin, President Putin’s press secretary has noted after El Salvador became the first country to adopt the digital coin as legal tender. In a statement to the press, Dmitry Peskov revealed he is convinced that such a move would not bring any benefits...
Salvadoran Government’s Chivo Wallet Experiences Hiccups, Some Residents Can’t Claim $30 BTC Reward
8.9.2021
On the day El Salvador implemented the bitcoin tender law, the official government wallet called the Chivo wallet had some initial issues for five hours on Tuesday. Residents could not leverage the application and had issues accessing the app on Apple’s App Store and Google Play....
Edward Snowden Says Competing Nations Now Under Pressure to Acquire Bitcoin Following El Salvador
8.9.2021
Following El Salvador making bitcoin legal tender, privacy activist and whistleblower Edward Snowden says, “there is now pressure on competing nations to acquire bitcoin — even if only as a reserve asset.” He warned, “Latecomers may regret hesitating.” Edward...
El Salvador reportedly fixes crypto wallet after bumpy Bitcoin rollout
8.9.2021
Chivo Bitcoin wallet was taken down for five hours for maintenance after users reported various issues with the application
Bitcoin Crashes After El Salvador Declares Bitcoin as Legal Tender
8.9.2021
With El Salvador becoming the first country in the world to accept Bitcoin as a legal currency, speculation is rife that other countries, particularly Latin American ones, may follow suit. Yesterday, El Salvador became the first ever country to accept Bitcoin as an official currency. The trial...
More countries to follow El Salvador’s Bitcoin move, Cardano creator says
8.9.2021
El Salvador’s Bitcoin acceptance is a major win for the cryptocurrency industry, Cardano founder Charles Hoskinson believes
Bitcoin Accepted in Starbucks, McDonald's, and Everywhere in El Salvador
8.9.2021
="_blank" rel="noopener noreferrer" href="https://cryptonews.com/news/bitcoin-becomes-legal-tender-with-unfriendly-welcome-by-apple-google.htm">initial teething issues on app stores and marketplaces to rocket to the top of the Apple store’s finance app download list – a fact that was immediately
El Salvador says merchants must process BTC transactions — or they may face action
8.9.2021
A Salvadoran government official has said that while businesses must accept BTC transactions, they can choose whether to receive BTC or USD upon settling transactions
First Day of Bitcoin as Legal Tender: El Salvador Buys the Dip, Country’s BTC Stash Grows
8.9.2021
Bitcoin is now legal tender in El Salvador, and the country’s bitcoin stash has grown to 550 coins. The Salvadoran government started buying the cryptocurrency Monday ahead of the Bitcoin Law taking effect. On Tuesday, President Nayib Bukele said El Salvador bought the dip. El Salvador Buys...
Bitcoin Price Dive-Bombs on the Same Day El Salvador Adopts the Crypto Asset
7.9.2021
After touching a high of $52,956 on Monday evening, the very next day the price of bitcoin slid to a low of $42,900 at around 11 a.m. (EST). Bitcoin is currently trading for prices between $46K-$47K per unit and down 8% during the last 24 hours. Bitcoin Price Slides Significantly After Nearing $53K...
McDonald’s now accepts Bitcoin, but only in El Salvador
7.9.2021
Bitcoin-as-a-payment is becoming reality in El Salvador after the country formally recognized the cryptocurrency as legal tender
El Salvador buys the dip as Bitcoin price flash crashes to $42.9K
7.9.2021
Volatility returned to the cryptocurrency market in a ‘buy the rumor, sell the fact’ scenario for Bitcoin. El Salvador appears unfazed as President Nayib Bukele bought the dip
Bitso to assist the launch of El Salvador's official Bitcoin wallet Chivo
7.9.2021
Mexican crypto exchange Bitso is announced as a core partner for El Salvador's state-issued BTC wallet
September 7 is 'Bitcoin Day' in El Salvador as BTC becomes legal tender
7.9.2021
El Salvador’s Bitcoin Day is marred by operational headaches as the state’s BTC wallet servers go offline
Bitcoin Adoption in Focus as El Salvador Enters New Era
7.9.2021
itute think tank and author of several books on money and banking, shared his skepticism about the issue.Among the many things, Selgin took aim at the popular notion that nearly everyone in El Salvador will benefit from the USD 30 that the government says will be given away to every citizen w