El Salvador Has Bought Its First $10 Million of Bitcoin El Salvador has bought $10 million of Bitcoin(BTC), as revealed on the Twitter profile of the country’s president, Nayib Bukele. Bukele stated that the El Salvador government has purchased 200 BTC. The purchase was made in preparation for the country’s plans to make the cryptocurrency…
The Singapore Monetary Authority (MAS) has ultimately chosen 15 companies to assist in the development of retail CBDC. These companies will take part in the Global CBDC challenge and contribute to the development of an in-house retail central bank digital currency. Singapore Central Bank Select 15 retail CBDC Companies According to the MAS release, four…
A meeting in Houston’s car warehouse was a meeting point for oil and bitcoin miners to discuss possible crypto-mining options on the spot last week. More than 200 investors attended a conference to discuss an alliance that would make it possible for oil producers to manage their resources more effectively, while miners could benefit from…
Bitcoin (BTC) Gives A Daily Close Above the Key Resistance, $55,000 In Sight As the altcoin space is looking for some consolidation after a strong rally, Bitcoin (BTC) seems to be gaining momentum. In the last 24-hours, the world’s largest cryptocurrency has gained nearly 4% moving past $51,500 levels. Bitcoin (BTC) gained nearly 8% over…
Three individuals who are aware that the development is being said ET are planning to define cryptos in the new draught bill which also proposes to divide virtual currencies into their use cases. For all purposes, including taxation and for each user’s sake — payments, investment, or utility, cryptocurrencies will be treated as an asset/commodity.…
Bitcoin bulls target $50K as Friday’s $655M BTC options expiry approaches $655 million in BTC options expire on Sept. 3, and data suggests bulls may be motivated to break the $50,000 resistance prior to the expiry. Bitcoin (BTC) failed to break the critical $50,000 psychological barrier on Aug. 23 and has since then retested the…
