Tags : BTC

Bitcoin

7 out of 10 Salvadorans want to repeal the new

According to the latest survey from the University Institute of Public Opinion, 7 out of 10 Salvadorans want their political representatives to repeal the newly instated Bitcoin law. The institute presented the results of its massive, state-wide survey on September 2nd, showing that the law praised by the global crypto community lacks support among the […]Read More

Bitcoin

El Salvador gets a $150 million Bitcoin Trust while BTC

El Salvador’s Legislative Assembly agreed earlier this week to create a $150 million Bitcoin Trust, intended to facilitate conversions from Bitcoin (BTC) to US dollars, while bolstering the development of crypto infrastructure and services across the country. President Nayib Bukele, who ushered in the controversial legislation in June, reassured the local populace on several occasions […]Read More

Bitcoin

Billionaire who shorted 2008 crisis has a bleak warning for

Billionaire hedge fund manager John Paulson, notorious for making a fortune betting against the US housing market, thinks that cryptocurrencies, lacking intrinsic value, will eventually become worthless. In an episode of “Bloomberg Wealth with David Rubenstein,” Paulson, who made $20 billion for himself and investors when subprime mortgage bonds collapsed and spurred the financial crisis […]Read More

Bitcoin

US: A historic gold investor is now buying Bitcoin (BTC)

Texas-based investment management firm US Global Investors has bought significant exposure to Bitcoin by investing in Grayscale funds. According to a filing to the US Securities and Exchange Commission (SEC) published on August 30th, the company added over $566,000 worth of Grayscale Bitcoin Trust shares (GBTC) to three out of eight of its mutual funds. […]Read More

Regulation

IMF releases Bitcoin (BTC) ‘risk’ warning… again

Bitcoin (BTC), the world’s largest cryptocurrency, is getting adopted as a legal tender in El Salvador in eight days but as the Central American country goes through its final days of preparation, being eagerly observed by other countries, some of which are considering to follow in its footsteps, the International Monetary Fund (IMF) refreshes its […]Read More

Market

U.S. Congress submits 18 crypto bills in 2021, Visa buys

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Congress has put forward 18 bills on digital assets in […]Read More

Regulation

Cuba jumps on Bitcoin (BTC) bandwagon. Considers legal recognition

Argentina president weighs Bitcoin legalization. But his government doesn’t agree In a recent interview, the President of Argentina Alberto Fernandez said he sees no reason to push against crypto, but in contrast to his openness, the head of the country’s Central Bank, Miguel Pesce, prepares for a crackdown on the industry. 2 min read → […]Read More