El Salvador made history on Tuesday, September 7th as the first country to make Bitcoin legal tender. 72 hours later, a government advisor for the Central American country revealed it will exempt foreign investors from paying taxes on Bitcoin profits, both on capital gains and income in bitcoin. With this
CoinDesk, the media outlet owned by Digital Currency Group, recently filed a Freedom of Information Law (FOIL) request with the State of New York, asking for documents regarding the composition of Tether's reserves. On Tuesday, an attorney for Tether and Bitfinex petitioned to block that release, claiming that
President Bukele’s appearance at the closing event of El Salvador’s Bitcoin Week 2021 brought about not one, but two surprises. Following his announcement of Bitcoin City, the President invited Samson Mow on stage to introduce the El Salvador Bitcoin Bond aka “EBB1” or “Volcano Bond.”
Bitcoin Bond Specifications
President Bukele’s appearance at the closing event of El Salvador’s Bitcoin Week 2021 brought about not one, but two surprises. Following his announcement of Bitcoin City, the President invited Samson Mow on stage to introduce the El Salvador Bitcoin Bond aka “EBB1” or “Volcano Bond.”
Bitcoin Bond Specifications
El Salvador made history on Tuesday, September 7th as the first country to make Bitcoin legal tender. 72 hours later, a government advisor for the Central American country revealed it will exempt foreign investors from paying taxes on Bitcoin profits, both on capital gains and income in bitcoin. With this
CoinDesk, the media outlet owned by Digital Currency Group, recently filed a Freedom of Information Law (FOIL) request with the State of New York, asking for documents regarding the composition of Tether's reserves. On Tuesday, an attorney for Tether and Bitfinex petitioned to block that release, claiming that
The United States Securities and Exchange Commission (SEC) has postponed its decision on yet another Bitcoin exchange traded fund, according to a filing released on Tuesday.
The filing was in response to a proposed rule change that would allow Valkyrie Digital Assets to create a Bitcoin ETF for customers within
MicroStrategy now holds more than 100,000 bitcoin, currently worth over $3 billion in value.
The business intelligence firm has long become the largest publicly listed HODLer. Less than a year after its initial $250 million purchase, MicroStrategy has now cracked the 100,000 bitcoin mark, meaning just under 5%
Nothing gets Elon Musk riled up like criticism of his soft weak hands. Amidst rumors that Tesla had further reduced its exposure to Bitcoin, Musk took to Twitter to deny selling at the peak. He reiterated a positive stance on the cryptocurrency, stating that Tesla would resume acceptance of bitcoin
Elon Musk and Microstrategy CEO Michael Saylor have come under fire after announcing the formation of a Bitcoin Mining Council to promote sustainability initiatives. The Bitcoin Mining Council is the result of a meeting between North American Bitcoin miners who have committed to publishing the details of their renewable energy
Industry insiders are calling it "Bloody Sunday". Over the weekend, the price of bitcoin lost 12% of its value, dropping from $61,300 to a low of just over $53,800 within 24 hours, and many are speculating about the causes behind such a selloff.
Among the theories
