Economy
Economy
Michael Saylor and his company, MicroStrategy, are one of the most outspoken supporters of Bitcoin. In fact, the company has one of the largest holdings of the digital asset in the world. However, attention has recently been drawn to the possibility of the company becoming insolvent due to Bitcoin'
Argentinean senators cut a $45 billion bailout deal with the International Monetary Fund (IMF) on Thursday to help the country avoid defaulting on its debts, with an unusual clause attached. The deal was approved in a 56 to 13 vote that includes a brutal provision that forces the government of
President Nayib Bukele released images of El Salvador’s Bitcoin City model following a recent Tweet that the country “bought the dip” purchasing an additional 500 Bitcoin. The Bitcoin City images showcase a golden city with a Bitcoin centerpiece. Bukele captioned the photos with "Bitcoin city is coming along
News • Bitcoin • May 12, 2022President Nayib Bukele released images of El Salvador’s Bitcoin City model following a recent Tweet that the country “bought the dip” purchasing an additional 500 Bitcoin. The Bitcoin City images showcase a golden city with a Bitcoin centerpiece. Bukele captioned the photos with "Bitcoin city is coming along
News • Bitcoin • May 12, 2022Michael Saylor and his company, MicroStrategy, are one of the most outspoken supporters of Bitcoin. In fact, the company has one of the largest holdings of the digital asset in the world. However, attention has recently been drawn to the possibility of the company becoming insolvent due to Bitcoin'
News • Bitcoin • May 11, 2022Argentinean senators cut a $45 billion bailout deal with the International Monetary Fund (IMF) on Thursday to help the country avoid defaulting on its debts, with an unusual clause attached. The deal was approved in a 56 to 13 vote that includes a brutal provision that forces the government of
News • Bitcoin • May 06, 2022The adoption of Bitcoin continues to increase with the announcement of a new type of loan from Goldman Sachs Group. The company released information on a new Bitcoin-backed loan on May 3rd, 2022 in collaboration with Coinbase. The collaboration between Goldman Sachs Group Inc. and Coinbase Global Inc. is focusing
News • Bitcoin • May 04, 2022Along with Fidelity's announcement to offer Bitcoin investing for company 401(k) plans, Microstrategy accepted the offering for their own employees. CEO Michael Saylor stated that “MicroStrategy looks forward to working with Fidelity to become the first public company to offer their employees the option to invest in
News • Bitcoin • Apr 28, 2022On April 26th, 2022 Fort Worth, Texas Mayor Mattie Parker announced that the city government is now mining Bitcoin. As the first U.S. city to ever mine Bitcoin, Fort Worth is devoted to learning more and possibly expanding their current mining operations in the future. Currently there are three
News • Bitcoin • Apr 27, 2022More information has been released on the Central African Republic cryptocurrency bill, highlighting the adoption of Bitcoin and creating legislation for multiple cryptocurrencies. Earlier this week, news began to circulate about a new cryptocurrency bill in the Republic of Central Africa. The bill focuses on providing a framework for Bitcoin
News • Bitcoin • Apr 27, 2022A Slovakian Bitcoin miner named Dušan Matuska strives to become a Bitcoin educator on a small island of Roatán, Honduras. Matuska plans to use a previous Montessori school building to create an education center in a special economic zone called Próspera. Currently, Próspera accepts Bitcoin as legal tender. Matuska was
News • Bitcoin • Apr 27, 2022