El Salvador Disables Bitcoin Price On App To Stop Scalpers

Bitcoin traders have found a way to use the recently launch Chivo App, the countries own BTC wallet, by El Salvador’s government to make a profit. As part of their BTC Law, this app operates with the second layer payment solution lightning network. Related Reading | Bitcoin Price Smashes Record For Highest Weekly Candle Close Ever Via its official Twitter handle […]

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The Metric That Says Bitcoin Is About To Go Parabolic

After closing its best highest week since its inception, the bulls remain in control of the price of Bitcoin. At press time, BTC’s price trade at $61,386 with a 3.8% profit in the daily and a 12.3% profit in the weekly chart. In the crypto top 10, only Dogecoin (DOGE) and Binance Coin (BNB) have outperformed Bitcoin as this asset’s […]

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Mudrex launches DeFi mutual fund model for retail investors

Cryptocurrency asset management firm Mudrex has announced the launch of its new Coin Sets investment vehicle. The new offering allows investors to diversify their asset portfolio across a range of high-performing decentralized finance, or DeFi, assets, as well as nonfungible tokens, or NFT’s.  The niche financial model fosters the distribution of risk exposure in what is often considered a volatile […]

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Wordline Completes Acquisition of Handelsbanken’s Activities in the Nordics

Worldline (Euronext: WLN), a leading payments company, announced on Monday that it had completed the acquisition of Handelsbanken’s card acquiring activities in the Nordic region. According to the press release, the maneuver is part of its strategy in consolidating its position within Europe. Handelsbanken is a big-player card acquirer in the Nordic region, with above 550 million transactions acquired per […]

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Interactive Brokers Launches Crypto Trading for US Financial Advisors

Interactive Brokers LLC (NASDAQ: IBKR) announced on Monday that it had officially launched cryptocurrency trading for financial advisors, known as Registered Investment Advisors (RIAs), in the United States. According to the press release, RIAs are now able to trade and custody Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH) on behalf of clients via Paxos, a blockchain infrastructure […]

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Citing Inflation Disaster, Forbes' Avik Roy Explains Why The United States Should Embrace Bitcoin

The fact that Bitcoin is now a significant innovation rather than a fad that could soon render the dollar and most fiat currencies ineffective cannot be further from the truth. In the recent past, the crypto asset has steadily proven its value, emerging strongly from traditional iniquities that have always plagued fiat currencies due to their inflationary nature. With El […]

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El Salvadoran Migrants Send Money Home Using Bitcoin: $3 Million Worth of Remittances Received in One Day

El Salvadorans seem to confirm that Bitcoin is the best solution for remittances between countries. According to President Nayib Bukele, the national Chivo wallet registered over $3 million worth of transactions in Bitcoins, most of which were sent from abroad. Cryptocurrency as an alternative for cross-border transactions has been considered by many high-poverty countries where citizens need to work abroad […]

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