The Boom of Cryptocurrency in Latin America

As I’m sure you’re well aware, El Salvador just recently became the first country in the world to recognize Bitcoin as legal tender, and this caused the price of the crypto to jump 5%. The Bitcoin Law, as it’s named,…

Bitcoin Lightning Network on Twitter is “Only a Matter of Time,” according to CEO Jack Dorsey

Twitter’s CEO, Jack Dorsey, has disclosed that the social media platform may soon join the cryptocurrency industry through the Lightning Network, an alternative Bitcoin network for fast payments. Dorsey is also the CEO of payments firm Square. On Friday, the…

Texas Will Permit State-Licensed Banks to Store Cryptocurrency

The Texas Department of Banking has approved the holding of crypto assets by state-licensed institutions. The banking department’s statement is an admission that conventional risk-based evaluations by banks are adequate for providing bitcoin custody. The following is the department’s statement:…

El Salvador Becomes the First Nation to Legally Recognize Bitcoin as Cash

El Salvador is the first nation in the world to recognize bitcoin as legal money. The Bitcoin Law was passed by a supermajority of lawmakers in the Central American country’s Congress. The Bitcoin Law was passed by a “supermajority” of…

MicroStrategy Raises the Stakes on Bitcoin Bonds to $500 Million

$400 million wasn’t enough. MicroStrategy increased the amount of a junk-bond issue on Tuesday in order to finance the acquisition of additional Bitcoin, offering $500 million of notes that were the first of their type in the high-yield market, an…

MicroStrategy Announces a $400 Million Additional Bitcoin Purchase

MicroStrategy will issue $400 million in senior notes to purchase additional bitcoin, which will be held by its subsidiary MacroStrategy. MicroStrategy, a software intelligence corporation, has stated that it would issue $400 million in senior secured notes to acquire additional…

El Salvador’s President Introduces Law to Make Bitcoin Legal Money

El Salvador is the world’s first sovereign country to embrace bitcoin as legal money. During the Miami Bitcoin 2021 conference, President Nayib Bukele announced his plans in a video that he posted on the internet. Bukele said the nation is…

Square’s CEO, Jack Dorsey, Says Company is Exploring a Hardware Bitcoin Wallet

Square CEO Jack Dorsey has said that the business is thinking about developing a hardware bitcoin wallet. Square’s stock increased by around 1% on Friday. While Square provides a digital wallet, Dorsey is proposing a solution that would give Bitcoin…

Coinbase Pro to Support Dogecoin (DOGE) Trading

On Thursday, Dogecoin, the joke cryptocurrency that hit record highs in May, will begin trading on Coinbase, the world’s biggest cryptocurrency exchange. For a limited time, the Coinbase Card will be compatible with Apple Pay and Google Pay, allowing cardholders…

Druckenmiller: Ethereum is “Myspace before Facebook,” Bitcoin is already-established “Google”

Stanley Druckenmiller, a well-known investor, has expressed his thoughts on Dogecoin and Ehereum. He claimed he wouldn’t invest in dogecoin long or short, and he chuckles when the meme cryptocurrency’s value climbs. He is also doubtful about Ether’s ability to…