The Salvadoran legislature has approved legislation that will allow for the issuance of bitcoin bonds proposed by President Nayib Bukele. El Salvador was planning to issue a billion dollars worth of bonds on Blockstream's Liquid Network, a federated Bitcoin sidechain, back in November 2021. Half of the proceeds from the bond
Tag: BTC
The Trading Dominance of Altcoins has Increased to More than Fifty Percent
An analyst recently claimed in a post on CryptoQuant that Bitcoin price increases have historically signalled the beginning of long-lasting market shifts. For each cryptocurrency, the "trading dominance" indicator determines how much of the total trading volume that coin represents. When the value of this metric increases for any coin, it
Italy Govt Approves 26% Crypto-Gains Tax in 2023 Budget
According to Cryptoslate's reporting, on December 30, the Italian Parliament will begin collecting a 26% tax on gains from cryptocurrency trading of more than €2,000. According to Cryptoslate, this new rule will be included in Italy's budget for 2023. The budget defines a cryptocurrency as "a digital asset that can be
Binance Announced Support for Apple Pay and Google Pay
Binance, a cryptocurrency exchange, will allow users to purchase cryptocurrencies on its platform using Apple Pay and Google Pay. In its latest Binance Build update, the crypto exchange announced that the platform had integrated the two payment services. Customers can now purchase cryptocurrencies using either Apple Pay or Google Pay. The update
Unbanked announces its cryptocurrency card launch in the UK and other select European countries
Everybody agrees that for blockchain technology to gain mainstream adoption, its applications must integrate seamlessly into our daily lives. For example, online banking and social media accounts are just a few aspects of the internet we use daily without thinking about how they work. Now imagine how close we would be
Top Altcoin events last week
This week's cryptocurrency prices were a mixed bag. However, as of Saturday morning, just a handful of the top 20 coins by market cap had lost money in the previous seven days. That begs the question, hath the devastation caused by the recent FTX accident subsided? Binance Launches Proof of Reserves
BigCommerce rolls out Bitcoin Payments with BitPay, CoinPayments
BigCommerce, a leading software-as-a-service (SaaS) eCommerce platform, has collaborated with BitPay and CoinPayments to enable merchants to accept bitcoin and other cryptocurrencies, according to a press release on Thursday, September 15. BigCommerce, like Shopify, enables businesses to establish their own eCommerce sites with an easy-to-use setup and partner connectors. This business
Jay-Z and Jack Dorsey to open Bitcoin Academy in New York
You know the crypto adoption is massive when popular musicians like Jay-Z join hands with crypto influencer and former CEO of Twitter, Jack Dorsey, to open a Bitcoin Academy in New York. This announcement of the opening of The Bitcoin Academy, financial education for Marcy House residents in Brooklyn, New York,
Samsung Group Investment Arm to list Blockchain ETF on Hong Kong Exchange
According to the recent developments, Samsung Group's Investment arm, which has been recently active in the crypto industry, is set to list an Exchange-traded fund on blockchain on the Hong Kong Exchange in the first half of 2022. This action of the giant is in accordance with several other investment
