Here’s what crypto and blockchain experts think about Salvadoran President Nayib Bukele’s announcement that Bitcoin is now legal tender. Wouter Witvoet, CEO of DeFi Technologies: “In the past, El Salvador struggled with trust in its monetary policy, so in 2001, it ‘dollarized’ its economy and effectively gave control of its monetary system to the U.S. […]
Bitcoin’s key momentum metric hints at bullish divergence as BTC clings to $33K
The RSI is seeing higher lows after rebounding from its oversold areas as Bitcoin price is forming lower lows. A recent run-down in the Bitcoin (BTC) market faces the prospects of exhaustion before confirming a full-fledged bearish breakdown, so reflects a classic momentum-based oscillator. RSI forming higher lows Dubbed as Relative Strength Index, or RSI, […]
US Senator’s Advice: Buy, Hold, Save Bitcoin for Retirement as Congress Floods Economy With Trillions of Dollars
U.S. Senator Cynthia Lummis has encouraged “people to buy and hold” bitcoin in their portfolios. “I encourage them to save bitcoin for their retirement, for their future,” she said, adding that with Congress flooding the economy with trillions and trillions of dollars, “there’s no way” the value of the U.S. dollar will not be debased. […]
Grayscale’s Portfolio Inclusion Propels Cardano Price Higher!
The post Grayscale’s Portfolio Inclusion Propels Cardano Price Higher! appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Cardano, with its steady price movements, always maintained its position within the top 10 cryptocurrency rankings. The entire crypto space is experiencing a notable dip, however, ADA price being away from the crowd has […]
Error in Tim Berners-Lee’s $5.4M NFT Can Increase Its Value
Coinspeaker Error in Tim Berners-Lee’s $5.4M NFT Can Increase Its Value Only two days ago, the web’s inventor Tim Berners-Lee auctioned his source code to raise funds for charities associated with him. The wide world web’s Ethereum-based NFT that was sold to an unknown buyer for $5.4 million is now believed to be having a […]
Didi Stock Down 7% Now following Security Review Announcement
Coinspeaker Didi Stock Down 7% Now following Security Review Announcement The stock of the Chinese ride-hailing app Didi Global Inc (NYSE: DIDI) fell 9% in pre-market trading Friday after it was announced that the company was up for cybersecurity review. The announcement came from the Office of the Central Cyberspace Affairs Commission. According to the […]
Coinbase Expands: Increases Access to Trading Pairs and Adds Payment Options for International Clients
Coinspeaker Coinbase Expands: Increases Access to Trading Pairs and Adds Payment Options for International Clients Top fiat-to-crypto exchange Coinbase has announced that beginning today, July 2, 2021, institutional clients will access more trading pairs on its exchange platform. The users will also enjoy additional payment options. This development is made possible by an expansion of […]
Strength Is Secrecy: Railgun
Coinspeaker Strength Is Secrecy: Railgun Billions of people share one massive problem – accessing the financial system. Those in developed countries perhaps take for granted their ease of being able to deposit funds into a bank and take advantage of traditional financial services. Many parts of the world experience financial stratification, such as nations in […]
US Economy Records Spike in Jobs in June
Coinspeaker US Economy Records Spike in Jobs in June The US economy saw a spike in jobs growth in June as it looks to recover from last year’s hit. The United States Labor Department announced on July 2 that the growth exceeded expectations within the 30 days. Nonfarm payrolls saw an 850,000 increase for the […]
Michael Saylor’s Bitcoin Mining Council’s First Quarterly Report
The controversial organization has had its first major public briefing, discussing important aspects of the mining industry. Michael Saylor’s Bitcoin Mining Council with 9 founding and 14 new members, presented their research on energy use in bitcoin mining to the public July 1, 2021, as a first step in attempting to counteract much of the […]