Bitcoin 2021 Panelists Make ‘Moral Case’ for Bitcoin
Bitcoin’s success is a moral imperative, argued a group of Bitcoin advocates at a major conference in Miami on Saturday. Far from a get-rich-quick scheme, Bitcoin upholds property rights and…
Ruffer Exited The Bitcoin Market In April With $1 Billion in Profit
London-based asset management firm Ruffer exited the Bitcoin market in April with a little over $1.1 billion profit for its clients. The firm invested $600 million in November, a month…
To Bring Bitcoin to DeFi, Sovryn Kicks Off $500K Hackathon
Decentralized finance and Bitcoin are like chalk and cheese. Unlike Ethereum, the blockchain home to all the major DeFi protocols, Bitcoin doesn’t support smart contracts. In 2020, DeFi protocol Sovryn…
El Salvador’s President Wants Bitcoin As Legal Tender—Here’s What That Means
El Salvador’s authoritarian president, Nayib Bukele, plans to make Bitcoin legal tender. The proposed bill, announced to much ballyhoo at Miami’s Bitcoin 2021 conference yesterday, drew speculation that Salvadorans will…
Environmental Lobbyists Force Cryptocurrency Miners into Using Renewable Energy
Environmental lobbyists have for a long time been advocating for nature conservation. Their advocacy efforts now reached one of the most controversial industries, the crypto mining industry, which many criticize…
Dogecoin Makes Upward Correction to $0.44 as Selling Pressure Resumes
Dogecoin has been falling for the past three days after rejection from the $0.44 high. The $0.44 high was the new price level after the recent downtrend.
G7 Finance Chiefs to Publish Common Rules for State-Issued Digital Currencies This Year
The G7 finance ministers and central bank governors have met and agreed to work towards common principles for state-backed digital currencies and publish their conclusions this year. They said these…
