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The world's largest stablecoin has had its fair share of media exposure during the latest Bitcoin bull market as critics questioned its backing, even going as far as to allege Bitcoin price manipulation through the use of Tether (USDt). In March, the New York Attorney General's
$10,000 red candles appear less shocking the second time around. And although Bitcoin is on its way to recovery following a near-instant crash to $45,000, the culprit remains the center of attention: Elon Musk, who sent waves of shock, confusion, and outrage through the wider Bitcoin space when
There’s blood in the streets, and over the weekend, a hero was slain. The Bitcoin market is on a crazy rollercoaster ride since Tesla chief executive Elon Musk announced in a Tweet on Thursday that the firm would halt Bitcoin payments due to environmental concerns. Since then, a lot
News - Bitcoin - May 16, 2021There’s blood in the streets, and over the weekend, a hero was slain. The Bitcoin market is on a crazy rollercoaster ride since Tesla chief executive Elon Musk announced in a Tweet on Thursday that the firm would halt Bitcoin payments due to environmental concerns. Since then, a lot
News - Bitcoin - May 16, 2021The world's largest stablecoin has had its fair share of media exposure during the latest Bitcoin bull market as critics questioned its backing, even going as far as to allege Bitcoin price manipulation through the use of Tether (USDt). In March, the New York Attorney General's
News - Business - May 12, 2021$10,000 red candles appear less shocking the second time around. And although Bitcoin is on its way to recovery following a near-instant crash to $45,000, the culprit remains the center of attention: Elon Musk, who sent waves of shock, confusion, and outrage through the wider Bitcoin space when
News - Business - May 12, 2021Hungary may cut cryptocurrency taxes in half — from 30.5% to 15%. In a Facebook video published today, Hungary's Minister of Finance Mihály Varga addressed plans for the country's economic recovery, which included the consideration of updated taxation around cryptocurrencies. At the moment, income from cryptocurrency
News - Economy - May 10, 2021Bank of England Governor Andrew Bailey reiterated his views that cryptocurrencies "have no intrinsic value" and their holders should "be prepared to lose all [their] money." At a press conference on Thursday, Bailey was quoted saying, “they have no intrinsic value. That doesn’t mean to
News - Economy - May 07, 2021Kazakhstan's central bank is considering the issuance of a central bank digital currency (CBDC). A report published by the National Bank of Kazakhstan on Wednesday outlines plans to launch a pilot project for a digital tenge. The pilot would see a two-tier structure, with the National Bank as
News - Economy - May 05, 2021Argentine e-commerce corporation Mercado Libre has bought $7.8 million worth of bitcoin, as revealed in the firm's Q1 earnings results. Mercado Libre is Latin America's most popular e-commerce platform, counting more than 170 million users in 2016. The decision to buy bitcoin was made in
News - Business - May 05, 2021