Bitcoin

Top 5 cryptocurrencies to watch this week: BTC, LTC, FIL, FTT, MIOTA

Bitcoin (BTC) is struggling to sustain above $50,500 but that has not stopped the altcoins from following in Ether’s (ETH) footsteps after the top-ranked altcoin hit $4,000 on Sept. 3. This has pushed Ether’s market dominance above 20% while Bitcoin’s dominance has shrunk to 41.1%. However, Bitcoin’s hesitation in the past few days has not […]

read more

US SEC releases fresh investor alert against crypto investment scams

The United States Securities and Exchange Commission published a new alert about investment scams related to digital assets and cryptocurrency. The announcement, shared by the SEC’s Office of Investor Education and Advocacy and the Division of Enforcement’s Retail Strategy Task Force, highlighted the “devastating losses” faced by retail investors due to scams. The SEC attributed […]

read more

Sen. Elizabeth Warren calls crypto the ‘new shadow bank’

United States Senator Elizabeth Warren, one of the most vocal cryptocurrency skeptics in the U.S. government, has called the cryptocurrency industry the “new shadow bank.” In a Sunday interview with the New York Times, Warren said that the cryptocurrency industry offers “many of the same services” as shadow banks but still lacks “consumer protections or […]

read more

Crypto mining demand soars in Vietnam amid Bitcoin rally

The cryptocurrency mining market in Vietnam is reportedly reviving amid the renewed crypto rally, where Bitcoin (BTC) has surged above $51,000 for the first time since May. Crypto-related entrepreneurs and enthusiasts in Vietnam have witnessed a significant uptick in demand for crypto mining rigs in the country, local news agency VnExpress reported on Monday. Quang […]

read more

How the Bitcoin model can solve the social media dilemma

Social media platforms are constantly under fire for their lack of total end-to-end encryption, existing privacy policies and censorship – but a blockchain-based solution might spell the end to an era of centralized social media dominance. In many ways, social media is a vital component of daily life for both businesses and the average consumer. […]

read more

German asset manager Union Investment seeks BTC exposure for several funds

Union Investment, a $500 billion asset manager, is planning to add Bitcoin (BTC) to several investment funds as part of a targeted pilot program for its institutional clients, offering compelling evidence that crypto is becoming more mainstream in Europe’s largest economy. The Frankfurt-based institution told Bloomberg on Monday that it is considering adding BTC to […]

read more

El Salvador purchases first 200 BTC, President Bukele confirms

El Salvador president Nayib Bukele confirmed Monday that his government has purchased its first 200 Bitcoin (BTC) ahead of the Sept. 7 rollout of a new law set to make the cryptocurrency legal tender. “Our brokers will be buying a lot more as the deadline approaches,” Bukele said, referring to the Sept. 7 timetable for […]

read more

Republic of Panama introduces bill for regulating crypto

Amid Bitcoin (BTC) becoming legal tender in El Salvador, another country in Central America is progressing on its way to enable freedom to use cryptocurrencies like BTC and Ether (ETH). On Sept. 6, the Republic of Panama introduced a bill on regulating cryptocurrencies, aiming to make the country “compatible with the blockchain, crypto assets and […]

read more

One in four US teens would buy crypto if given money to invest, survey finds

Researchers have attempted to probe North American teens’ perceptions of the stock market, cryptocurrencies and other investments in the high octane GameStop era. The results showed that cryptocurrencies edged ahead of some other asset classes like real estate, with 25% of teens saying they would invest in crypto if given hypothetical funds as compared with […]

read more

Visa reportedly aims to integrate Bitcoin payments in Brazil

In a recent interview with local Brazilian news outlet Seu Dinheiro, Eduardo Abreu, Vice President of new business at payments giant Visa, revealed the company’s intentions to integrate crypto assets onto its platform for both payments and as a store of value, including the leading cryptocurrency Bitcoin (BTC). Back in March 2021, Visa’s CEO of […]

read more