Bitcoin

US investors made over $4 billion trading Bitcoin last year

A recent report from cryptocurrency analytics firm Chainalysis has shown that quite a number of countries made massive gains in their Bitcoin investments when compared to their traditional economic rankings. US Bitcoin investors lead gains The report broke down the estimated gains made by countries in 2020. What this means is that countries that could […]Read More

Regulation

Mexico, too, wants to jump on the crypto train as

Federal government of Mexico representative, Eduardo Murat Hinojosa announced on Twitter he is taking action to push forward Bitcoin and crypto adoption in the country. “I will be promoting and proposing a legal framework for crypto coins in Mexico’s lower house,” said Hinojosa, explicitly mentioning Bitcoin in a tweet.   Voy a promover y proponer ante […]Read More

Bitcoin

Bitcoin is now ‘legal tender’ in El Salvador

A Bitcoin bill aiming to make the world’s cryptocurrency classified as ‘legal tender’ has “a 100% chance” to passed by the Congress in El Salvador, President Nayib Bukele said today. Bukele’s party has 64 out of 84 seats and is going through the bill, but Bukele says he will sign off on the law “later […]Read More

Bitcoin

PayPal processed nearly $2 billion worth of Bitcoin, Ethereum, and

PayPal’s custodian of crypto funds, itBit, traded over $2.1 billion worth of Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and PAX in May, according to data provided by analytics tool Nomics. Owned by Paxos, itBit is a crypto exchange that provides liquidity for PayPal, a US company operating an online payments system that entered into the crypto […]Read More

Bitcoin

NHL team San Jose Sharks to accept payments via Bitcoin,

Famous NHL’s San Jose Sharks has joined a list of very few sports teams globally that accept cryptocurrencies like Bitcoin, Dogecoin, and Ethereum for transactions, according to an announcement made by the club’s President, Jonathan Becher. The team will be partnering with crypto payments Bitpay to make the move possible. Crypto for the sharks According to […]Read More

Bitcoin

When Lambo? Milwaukee shop wants to detail your supercar for

A car service shop in Milwaukee, in the US state of Wisconsin, is now accepting Bitcoin and other cryptocurrencies, local network TMJ4 reported today.  Bitcoin for details Called ‘Detail Doctor’s,’ the shop launched the crypto services just yesterday and is already enjoying a favorable response. The shop is using Coinbase’s merchant services to accept payments […]Read More