AMC, a chain of American theatres, announced at the beginning of the year that the theaters thereof would start accepting payments in Bitcoin (BTC) by 2021s end. The publication of the announcement was done in the report of earnings in August to elaborate the theater chain’s launch of accepting online payments in cryptocurrency for both…
On the spot discounts will be available to those Salvadorans who will use Chivo wallets for paying their fuel bills to gas filling stations. Against one gallon of fuel, a consumer will be able to enjoy a discount upto $ 0.20 subject to just one condition that the payment is made through Chivo wallet. By…
Briefly- Bitcoin managed to cross $55,000 today as the bullishness had its market capitalization hit $1 trillion. On-chain activity indicates that the BTC ecosystem is growing, confirming more surges. Overpowering $56,500 might see Bitcoin attaining new ATHs. The recent bullish actions in the crypto market saw Bitcoin surpassing $55,000 after battling under this area since…
The crypto market is in green on Tuesday as bulls fight to take over vital price levels. That had BTC rallying past $50,000. Bitcoin trades on a month’s peak past $50,000 amid increased BTC volatility. That comes as ‘Uptober’ seems to fulfill its promises. Keep in mind that most top cryptos traded with gains since…
The world, by its very nature, is constantly evolving. If you were to tell someone over a decade ago that Bitcoin (BTC) would become legal tender in any country, you would most likely be laughed at and ridiculed. Well, that is exactly what happened in El Salvador, as its president, Nayib Bukele, went ahead with…
The biggest achievement for El Salvador this year was none other than the passing and implementation of the Bitcoin law, and making Bitcoin a legalized currency of the country with the status of “national currency”. Yet there were no less than people in El Salvador who doubted their premier’s decision on Bitcoin but once again…
Despite reaching levels of well above $46,000, Bitcoin prices took a bearish turn for the worse. Recently, it traded below the $45,500 support levels. As of yet, it’s trading below $45,000 and it looks like the price could drop further. At the same time, many altcoins are moving downwards. For instance Ether was trading below…
Once money started to gain more dynamicity as well as fluidity in stock trading, a large number of people started aligning their financial mindsets towards the patterns and trends of constant changes. Most of you will be well aware of the fact that there are countless updates about the fall and rise of various businesses…
In addition to its already owned 550 Bitcoins, the Government of El Salvador, at the request of President Nayib Okele has made another purchase of Bitcoins. This time 150 more Bitcoins have been brought into the country’s Bitcoin ownership. The third purchase of Bitcoins also comes in the times when Bitcoin is suffering a dip….
Briefly – Bitcoin depicts a strong bounce from the 79% FIB retracement at $40,727, indicating a temporary relief. Ethereum sees its price creeping back beyond the psychological level at $3,000, following Bitcoin’s footsteps. The leading cryptocurrencies have to clear many obstacles to confirm stable uptrends. Bitcoin endured two massive blows – 7 September and the…
Wednesday’s bearish moves saw Bitcoin touching the $39,700 low before moving. That comes after negative market sentiment following looming fears about Evergrande’s crisis. Bitcoin displayed accelerate correction on Wednesday’s Asian session after the flagship cryptocurrency plunged beneath $40K, the levels it has not touched since August 6. With such price trends, BTC’s market cap dropped…
Nowadays, the students reportedly have an inclination towards crypto for filling their financial gap with regard to schooling. It is no wonder that the schooling expenses have spiked remarkably upward during many previous years. Presently, all the more, the majority of graduating students have many thousands as debt. However, with the help of the available…
According to the latest research, the electronic waste (e-waste) produced by Bitcoin mining annually is similar to the small IT equipment waste of a region like the Netherlands. The estimates show that miners of the pioneer cryptocurrency produce around 370,000 tonnes of e-waste on an annual basis. This means that the average e-waste per transaction…
After unpredictable actions by top cryptocurrencies on Saturday, Bitcoin returning to $50K would support a broader market breakout. Bitcoin BTC-USD saw its value increase by 2.14% yesterday. That had the flagship crypto reversing Friday’s 1.02% plunge, ending the day near $48,308. However, mixed early sessions on Saturday saw Bitcoin dropping to an intraday low of…
With the help of Flexa in developing the system for facilitating crypto payment option, the top bank of El Salvador namely Bancoagricola has announced accepting Bitcoin against payment of debts. The customers of Bancoagricola now have the option to pay Bitcoin at the bank against purchasing of any bank supported financial goods, products as well…
AS per the latest reports, Eurex has made an announcement for the cryptocurrency community in Germany. Eurex is reportedly owned by Deutsche Boerse, which is a stock market operator from Germany, and it exists as a derivatives exchange. The derivatives exchanges have announced that it has launched derivatives for cryptocurrencies. Now, the investors will be…
The recent tax exemption offered by El Salvador’s government is an attempt to further speed up the bitcoin investments in the country. The government in El Salvador is looking to attract foreign investors to invest in the country. That’s why the tax exemption can come in handy. The reports have confirmed that soon the government…
Genesis Digital Assets is having a great time in business which is evident from the fact that it has been continuously purchasing more and more Bitcoin mining rigs from its long-standing partner from China namely Canaan. Currently, Genesis Digital Assets is in the process of acquiring from Canaan an epic quantity of Bitcoin mining rigs…
Bitcoin witnessed its price rising over $45K once more after a weekend filled with low activity. Keep in mind that the digital asset lost the $50K mark after the flash market crash last week. Bitcoin experienced healthy moves that had investors eye the resistance at $55K. However, the currency struggles to accumulate momentum to rally…
NFTs have shown a brilliant comeback which has been manifested through the spiking volumes of sales, especially the enthusiasm of prominent collections, such as the CryptoPunks market. During June’s end, dropping interest witnessed the initiation of a 7-day decline in the NFT sales, which started deteriorating from its peak of about $176M on 9th May…
