Tag: Bitcoin News

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PwC Chief: Mexican Companies Want to Follow Tesla into Bitcoin Investment

Mexican companies are developing an interest in following the lead of companies north of the border – and could seek to emulate the bitcoin (BTC)-buying leads of United States-based companies like Tesla. These were the conclusions of a report from El Economista, which quoted Mauricio Hurtado, managing partner of PwC Mexico as stating that Mexican…
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Bitcoin Nears And Stops at the USD 50,000 Gate

It took two months for the most popular cryptocurrency, bitcoin (BTC), to rally from USD 20,000, reached again after a three years journey, to almost USD 50,000 today on signs of increasing demand. After starting this week below USD 38,000, BTC rallied on Tesla’s BTC deal news, and, today, it took another leg up, jumping…
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Nigerian Senators Blast Central Bank For Its Crypto Ban

Following the Central Bank of Nigeria’s (CBN) clampdown on banks facilitating crypto investments, a number of the country’s senators have voiced their outrage at the bank, calling on the Nigerian regulators to facilitate the further adoption of cryptocurrencies across the country. The CBN Governor is now slated to appear before the Senate’s committees to  Read…
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American Political Leaders Playing High-stakes Bitcoin Pledge War

Andrew Yang. Source: a video screenshot, Youtube/Andrew Yang Politicians appear set to use bitcoin (BTC) and altcoins as tools to score points with crypto-keen voters and citizens in some of the USA’s biggest cities – as would-be New York mayor Andrew Yang and current Miami mayor Francis Suarez appear keen to outdo each other with…
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India’s Crypto Community Fights Back As Ban Bill Turns Into Tiresome Soap Opera

Crypto enthusiasts in India have run out of patience with unsourced reports of the government’s alleged forthcoming crypto crackdown – and have challenged New Dehli to come clean with its intentions. On Twitter, Indian crypto community members say that they are tired of the government allegedly leaking info to reporters about crypto “bans” – and…
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Cybercriminal ‘Bitcoin Billionaire’ JokerStash Retires

A fragment of Jan Matejko’s \”Stańczyk\”. The founder of one of the most popular carding marketplaces, Joker’s Stash, has retired having amassed a fortune of over USD 1bn, according to blockchain analytics firm Elliptic. Per cybersecurity firm Gemini Advisory, JokerStash claims to keep all proceeds of the marketplace in bitcoin (BTC). Elliptic estimates that, considering…
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Canada OKs Its First Bona Fide Bitcoin ETF, JPMorgan on BTC + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Bitcoin news The Ontario Securities Commission has green-lighted Canada’s first fully-fledged, publicly-traded bitcoin (BTC) exchange-traded fund (ETF), an offering that will be managed by Purpose Investments.  Read more »Pay, Trade, Buy Bitcoin with…
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Bitcoin Sets New ATH, Ethereum and Altcoins Remain Supported

Bitcoin price gained bullish momentum above the USD 47,500 and USD 48,000 levels. BTC even traded to a new all-time high near USD 48,600 before correcting lower. It is currently (05:00 UTC) trading below USD 48,000, with major supports at USD 47,000 and USD 46,500. Besides, most major altcoins are holding gains above key supports.…
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Jay-Z & Jack Dorsey Give BTC 500 for Bitcoin Development, New India Ban Rumors Emerge

Jack Dorsey. Source: a video screenshot, Youtube, WIRED Bitcoin (BTC) bull, Twitter CEO Jack Dorsey said that he and Jay-Z, an American music megastar, are giving BTC 500 (USD 23.5m) to fund BTC development. The funds will go into a new endowment named ₿trust, Dorsey said, adding that it will initially focus on teams in…
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PayPal Touts Crypto For Its ‘Super App,’ But It Won’t Buy Bitcoin Just Yet

Dan Schulman. Source: a video screenshot, Youtube/Axios Payments giant PayPal will “probably” not be following Tesla’s lead in bitcoin (BTC) buying just yet – but it will spare no effort in allowing its customers to fill their boots with crypto-related offerings. In presentations to investors, PayPal Chief Executive Officer (CEO) Dan Schulman spoke, along with…
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