Bitcoin

Kenya has the highest percentage of cryptocurrency owners in Africa. UNCTAD data indicate

According to the most recent data from the United Nations Conference on Trade and Development (UNCTAD), Kenya has the highest percentage of people who...

South African MTI and Its Operator Are Accused of a $1.7 Billion Bitcoin Fraud by a US Regulator

A $1.7 billion bitcoin fraud involving Mirror Trading International (MTI) and its operator has been charged by the U.S. Commodity Futures Trading Commission (CFTC)....

Bill Proposed by Senator Indira Kempis To Make Bitcoin Legal Tender In Mexico

A bill to recognize bitcoin as legal tender in Mexico has been put forth by senator Indira Kempis. The difficulties Mexican citizens encounter when...

JPMorgan predicts a short deleveraging cycle for the cryptocurrency market.

According to a report released on Wednesday by JPMorgan (JPM), the failure of cryptocurrency hedge fund Three Arrows Capital (3AC) shows that the effects...

Bitcoin Is a Commodity, According to SEC Chair Gensler — “That’s the Only One I’m Going to Say”

Bitcoin, according to Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), is a commodity. He emphasized that the SEC, the CFTC,...

The President of El Salvador to Bitcoin Investors: Your BTC Investment Is Safe and Will Grow Massively After the Bear Market

El Salvador's president has some advice for bitcoin investors. He believes that investing in the world's largest cryptocurrency is risk-free and that it will...

In an ‘inflationary bull market,’ billionaire Stan Druckenmiller prefers Bitcoin to gold.

Stanley Druckenmiller, a well-known billionaire hedge fund manager, says that in an inflationary bull market, he would prefer to own bitcoin over gold "for...

The New York Senate has passed a moratorium on bitcoin mining.

In an effort to address some of the environmental concerns surrounding cryptocurrencies, the New York State Senate passed a bill targeting proof-of-work (PoW) mining...

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