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Salvadoreans are selling ‘way more US Dollars’ to buy Bitcoin

President Bukele confirmed that Chivo reported 24,076 remittance request reports, which totalled $3,069761.05 in one-day. During the bull run, El Salvador’s mainstream Bitcoin adoption (BTC) gains momentum as citizens exchange their United States dollars savings for Bitcoin. This new development was shared by President Nayib Bukel on Twitter. It is based on data from El […]

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Listing crypto lenders’ assets is their responsibility

A lot depends on the social responsibility of crypto companies and blockchain-based CSR, given the absence of regulation and common standards. The institutions that are crypto lenders are those that sit between consumers and the wild, blockchain-based, and often unregulated world of cryptocurrencies. They are therefore in a unique position when it comes responsibility towards […]

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Jack Dorsey’s Square plans a open-source Bitcoin mining platform

Jack Dorsey hopes to create a single system that will make Bitcoin mining more accessible and further decentralize BTC’s network. According to Square CEO Jack Dorsey, American finserv Square will soon start investigating technical requirements for building an open source Bitcoin (BTC), mining system. He stated that Square is looking at building a Bitcoin mining […]

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Crypto finserve Bakkt will soon trade publicly at the New York Stock Exchange

Bakkt’s common stock, and warrants, will be listed on NYSE starting Oct. 18 under the ticker symbols BKKT WS and BKKT TS respectively. Bakkt’s ticker was listed publicly after a merger with VPC Impact Acquisition Holdings (a Chicago-based special purpose acquisition firm). According to an official statement, a shareholders meeting regarding the merger saw approximately […]

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BTC price hovers at $61K amid new concerns about fate of physical Bitcoin ETF

There are concerns about the acceptance by U.S. regulators of physical Bitcoin ETF products later in the year. Investors may be voting with their feet. Bitcoin (BTC), saw some calm on Oct. 16, as the market digested the approval of the first exchange-traded funds in the United States (ETFs). BTC/USD 1-hour candlechart (Bitstamp). Source: TradingViewLackof […]

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What are the current activities of Asian CBDC projects?

The governments of Asia are rapidly researching and implementing CBDCs. What does this all mean for the region’s dependence on the U.S. Dollar? Numerous governments have been forced to create digital alternatives due to the rapid rise in mainstream attention to cryptocurrencies. Many governments have been looking into digital alternatives to cryptocurrencies in recent years. […]

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Guernsey regulator approves Jacobi Asset Management’s Bitcoin ETF Launch

Jacobi Bitcoin ETF, which has been approved by the GFSC, is a centrally-cleared crypto-backed financial instrument that is supported by Fidelity Digital Assets’ Bitcoin custody. Jacobi Asset Management, a multi-asset investment platform based in London, has been approved by the Guernsey Financial Services Commission to launch a Bitcoin exchange-traded funds. Speaking to Cointelegraph, Jacobi Asset […]

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Why HODL for 48 Hours? Your altcoin wallet will be grateful

Even in a fast-paced cryptocurrency market it can take days for favorable conditions to create massive rallies. It may seem that crypto markets are volatile and that those who move quickly will reap the greatest rewards. In some cases, this is true. For example, when a token’s listing is made public on Binance or Coinbase, […]

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Analysts say Bitcoin enters the final stage of major bull market.

Alessio Rastani (crypto analyst and trader) believes that Bitcoin will continue its upward trajectory towards $100,000 over the next few months. Alessio Rastani, a cryptocurrency analyst and trader, believes Bitcoin (BTC), is entering the final stage in the current bull market. This will propel the leading cryptocurrency to a $100,000 target price. Rastani used the […]

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Finance Redefined: Celsius raises $400M and Rari’s yields of 7.5K%, Oct. 11-15

Lending company Celsius raised $400 million, Rari capital exceeded $1 billion in TVL and North America saw a surge in crypto volume — all included this week’s Finance Redefined. This is the latest edition Cointelegraph’s Decentralized Finance (DeFi) newsletter. In a week when Rari Capital reached the $1billion TVL milestone. Read on to find out […]

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