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Digital currencies issued by central banks are gaining traction in Central America
El Salvador made a big move in early September by introducing Bitcoin as legal cash. Businesses may now take payment in both the digital currency and the country's official currency, the US dollar, due to this shift. In preparation for the launch,…
Did Turkey’s President Say “We Are In A War Against Bitcoin”? An Investigation
Is President Erdogan so out of touch with what’s happening around him that he declared war against Bitcoin? Or is this a case of “lost in translation” and quotes out of context? An article titled “We are in a war against bitcoin,”…
Recent Analysis Compares Waste From One Bitcoin Transaction To Throwing Out Two iPhones
There have been many studies that have highlighted the carbon footprint and electricity usage problems of Bitcoin transactions. Founder of Digiconomist Alex de Vries and researcher at MIT’s Center for Energy and Environmental Policy Research, Christian Stoll, released a new study that shines a…
Ethereum Price Retests Key Resistance Level as Aided by These Two Fundamentals
This week has not been exceptionally pleasant for Ethereum (ETH) investors as the digital currency has trailed the global digital currency industry in an unprecedented free fall. The cryptocurrency continued on its free fall which began last Friday as it started Monday around a…
NFT Sorare has raised $680 million in a Serie B funding round
Sorare, a new fantasy football game from a French business, raised $680 million in its Serie B funding round from top internet investors. At the same time, the startup's valuation was pegged at $4.3 billion. SoftBank Vision Fund, IVP, Liontree, Bessemer Ventures,…
Cardano Founder Charles Hoskinson Says The Term Smart Contracts Needs To Be Changed
Smart contracts have been in the crypto space for quite a while now, most recently debuting on Cardano. With the rise of decentralized finance (DeFi), smart contracts have become even more important to the entire industry. This is because they are required…
Citing A Feasible US Bitcoin ETF Debut By October, Bloomberg’s Senior Strategist Calls $100k BTC Price
Mike McGlone, Bloomberg’s Intelligence and Commodity Strategist, predicts a Bitcoin ETF approval is likely by October. McGlone adds that it is most likely to be a futures based ETF. Cryptocurrency ETFs have been in high demand this year in the U.S. Mike…
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