El Salvador caused a sensation during the Bitcoin 2021 conference in Miami on Saturday afternoon. The country’s president is poised to introduce a bill that will make it the world’s first country to adopt bitcoin as legal tender alongside the United States dollar. This will help El Salvador unlock the endless benefits of bitcoin as an open network for the […]
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“If I were not at Square or Twitter I’d be workin on bitcoin. If it needed more help than Square or Twitter, I’d leave them for bitcoin.” So said the CEO of Square and Twitter, Jack Dorsey, at Bitcoin Miami this Friday where he called bitcoin “100%” patriotic. But it benefits the entire world, he said, revealing 500 bitcoin, worth […]
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On Friday (June 4), Jack Dorsey, the CEO of Twitter and Square, made several interesting comments about Bitcoin and his commitment to it at the Bitcoin 2021 conference, which is being held in Miami (4-5 June). Here are a few highlights from Dorsey’s conversation with Alex Gladstein (who is the Chief Strategy Officer at the Human Rights Foundation) at a session […]
Read moreIn celebration of National Donut Day on Friday, June 5, almost all donut chains are offering deals to lure in more customers. The original National Donut Day is celebrated on the first Friday of June since 1938 in remembrance of the members of the Salvation Army who served free doughnuts to soldiers during the Great War. While there is another […]
Read moreShares of Shanghai-based online game operator The9 Limited (NCTY) are currently gaining about 25% after the company announced that it has agreed to acquire Montcrypto Ltd., a Canadian company, to build a 20MW supply of electricity in Calgary, Canada. NCTY is currently trading at $13.67, up $2.73 or 24.95%, on the Nasdaq. The9 plans to invest a total of C$7.6 […]
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Bitcoin has soared almost two-fold over the last year and is up circa 35% on a year-to-date basis. The world’s oldest cryptocurrency incurred a massive correction in May after a drop from its April $65,000 all-time high. But not all is lost for the bitcoin price. Bloomberg’s senior commodity analyst Mike McGlone recently stated that bitcoin is likelier to pull […]
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On Tuesday (June 1), hedge fund manager and CNBC contributor Brian Kelly (aka “BK”) explained why he feels that the market is misplacing Bitcoin’s fundamentals and how this could lead to a big breakout to the upside. According to his bio on the CNBC website, Kelly is the founder and CEO of BKCM LLC, an asset management firm focused on “global macro and currency […]
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TRON (TRX) founder Justin Sun has revealed he believes the cryptocurrency bull market isn’t over and that a new rally is due in the next few months, although in June the market may keep dropping before a potential rally. In an interview with Bloomberg, first spotted by Daily Hodl, Sun revealed he believes we’re going through a “price adjustment” this […]
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While Bitcoin has managed to correct weekly losses, leaving only around 1% in the red zone, the road ahead is still blurry for the $700 billion market. At a press time price of $37,746, Bitcoin bulls reflect a shaky market, as bulls’ ability to break $40,000 is prolonged. Although Bitcoin proponents still have their eyes on $100,000, recent data from […]
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