Economy
Economy
This last week, El Salvador has hosted a handful of well-known, influential Bitcoiners. Their presence was made publicly known through a series of tweets including pictures and videos regarding El Salvador's bonds, volcano Bitcoin mining site, and more. CZ from Binance even met with President Bukele over the
Florida Governor Ron DeSantis announced that the state is working on a plan to allow businesses to pay corporate taxes in Bitcoin and cryptocurrencies. Florida and DeSantis have gained a reputation for embracing the adoption of Bitcoin and blockchain technology and have welcomed innovation. DeSantis along with the city of
Core Scientific is the largest publicly-traded bitcoin mining company by hashrate, and just reported financials for 2021 that exceed analysts’ predictions. In the fiscal year ending on December 31st, 2021, Core Scientific’s total revenue increased 803% to $544.5 million. Analyst estimates were at $507.1 million, according to
News - Markets - Mar 31, 2022Core Scientific is the largest publicly-traded bitcoin mining company by hashrate, and just reported financials for 2021 that exceed analysts’ predictions. In the fiscal year ending on December 31st, 2021, Core Scientific’s total revenue increased 803% to $544.5 million. Analyst estimates were at $507.1 million, according to
News - Markets - Mar 31, 2022This last week, El Salvador has hosted a handful of well-known, influential Bitcoiners. Their presence was made publicly known through a series of tweets including pictures and videos regarding El Salvador's bonds, volcano Bitcoin mining site, and more. CZ from Binance even met with President Bukele over the
News - Bitcoin - Mar 26, 2022Florida Governor Ron DeSantis announced that the state is working on a plan to allow businesses to pay corporate taxes in Bitcoin and cryptocurrencies. Florida and DeSantis have gained a reputation for embracing the adoption of Bitcoin and blockchain technology and have welcomed innovation. DeSantis along with the city of
News - Bitcoin - Mar 24, 2022El Salvador has postponed the issuance of the world's first Bitcoin backed bond because the government decided to wait for favorable conditions in the market, as originally clarified by Finance Minister Alejandro Zelaya on Tuesday. The Central American government had originally scheduled the launch of the $1 billion
News - Bitcoin - Mar 23, 2022The Japanese Virtual Currency Exchange Association (JVCEA), a self-regulatory body for the Japanese crypto sector, is working to release a “green list” of 18 widely accepted cryptocurrencies and digital assets by the end of the month, according to a local Japanese news agency, Nikkei Asia. Efforts to Simplify Processes and
News - Politics - Mar 23, 2022The new laws ban crypto as a payment method in Thailand. However, the ban doesn’t apply to crypto used for investing; on the contrary, investing with crypto allows access to relaxed tax rules, including an exemption from a 7% value-added tax. In a statement, Thailand’s Security and Exchange
News - Politics - Mar 23, 2022Senator Andrew Bragg will be working closely with the Treasurer to implement changes around cryptocurrency and digital assets. Bragg, who chaired the Senate Select Committee on Australia as a Technology and Finance Center, addressed Blockchain Week 2022, quoting the Treasurer in calling these changes “the most significant reforms to [Australia’
News - Politics - Mar 22, 2022According to the on-chain data pointed out by an analyst in a CryptoQuant post, Bitcoin reserves in exchanges have lost another 50k Bitcoin over the last week and could be a bullish indicator. The “all exchanges reserve” is an on-chain indicator that aggregates the total amount of Bitcoin stored on
News - Bitcoin - Mar 18, 2022