Bitcoin

Idaho Central Credit Union Now Accepts Bitcoin Transactions
Idaho Central Credit Union Now Accepts Bitcoin Transactions

Credit union in Idaho, U.S. accepted Bitcoin services into its banking platform. Idaho Central Credit Union partnered with NYDIG, an institutional Bitcoin broker Bitcoin, the king of crypto assets, continues to be acknowledged by investors and companies around the world. Recently, the largest credit union in Idaho, U.S., has accepted Bitcoin services into its banking platform. In detail, Idaho Central Credit Union has partnered with NYDIG, an institutional Bitcoin broker.   This made Patrick Sells, chief innovation officer at NYDIG react:  “ICCU’s focus on member experience and on providing a diverse array of solutions has enabled it to build a reputation

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NSA Whistleblower Admits to Using Bitcoin to Leak Docs
NSA Whistleblower Admits to Using Bitcoin to Leak Docs

Former NSA agent and whistleblower Edward Snowden used Bitcoin as a fee to servers. Snowden revealed highly classified documents that show how the NSA was performing unconstitutional mass surveillance. At the moment, Snowden is charged with multiple criminal charges due to his whistleblowing. Former agent of the National Service Agency (NSA) Edward Snowden admitted that he used Bitcoin back in 2013. Specifically, this was when Snowden revealed highly confidential documents that show how the NSA performed an unconstitutional mass surveillance. According to Snowden’s tweet, his legendary disclosure of NSA’s unconstitutional activities succeeded because he paid for the servers using bitcoins.

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El Salvador to Launch Bitcoin City
El Salvador to Launch Bitcoin City, $1B Bitcoin Bond

El Salvador announced its plans to launch Bitcoin City. This location will have zero income tax, capital gains tax, property tax, and payroll tax. The country partnered with Blockstream to issue $1 billion in tokenized bonds. El Salvador recently unveiled its plants to launch what it calls Bitcoin City. According to a Twitter post, this cryptocurrency metropolitan area will be located in La Unión, an eastern municipality of the country.  Another tweet said that the country aims to offer zero income tax, capital gains tax, property tax, and payroll tax. Instead, Bitcoin City will run dependent on 10% sales tax

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Bitcoin Balance Low in Binance Exchange
Bitcoin in Exchanges at 3-Year Low as Whitepaper on 13th Year

The amount of bitcoins circulating on cryptocurrency exchanges is at a 3-year low. This means that most bitcoins are in hot or cold wallet storage. Satoshi Nakamoto published the Bitcoin whitepaper on October 31, precisely 13 years ago. The total amount of bitcoins that are circulating among cryptocurrency exchanges is at a 3-year low. According to blockchain analytics platform Arcane Research, the number of bitcoins at the time of posting are less than 2.5 million. This means that most bitcoins are kept in hot or cold wallet storage. Basically, those who are holding most bitcoins are either not selling the

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Bitcoin Core Dev Resigns
Bitcoin Core Dev Resigns Ahead of Kleiman vs Wright Trial

Bitcoin developer Jonas Schnelli has resigned from his position. Schnelli’s resignation came ahead of the Ira Kleiman vs Craig Wright lawsuit. Wright earlier filed a lawsuit against Schnelli and other Bitcoin developers. Long-time Bitcoin maintainer and contributor Jonas Schnelli announced that he has already resigned from his position. As stated in the tweet, Schnelli joined as a Bitcoin developer back in 2013 when the crypto asset was in its earlier stage. At that time, the cryptocurrency had yet to experience mass listing on exchanges. Interestingly, Schnelli’s resignation came ahead of the lawsuit between Ira Kleiman and Craig Wright. By and

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Bitcoin all time high
Bitcoin Ready for New ATH? BTC Price at $62,300

Bitcoin price is at $62,300 at the time of writing. Total market capitalization of cryptocurrencies is at $2.6 trillion. Bitcoin ETFs have received approval from authorities. All eyes of the crypto market are fixed on Bitcoin price, as the top asset is just about $2,000 away from reaching its all-time high (ATH) price. At the time of writing, Bitcoin price is at $62,241.89, according to CoinGecko. The current BTC price ATH is $64,804.72, which was from over 6 months ago. If BTC exceeds this price, then it would have recorded a new ATH. Moreover, the total crypto market cap has

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Bitcoin 60k
Hello $60K: Bitcoin News and Development as BTC Price Surges

US SEC may approve the first futures bitcoin ETF this week. El Salvador’s bitcoin app Chivo is receiving more USD to buy bitcoins compared to BTC withdrawals. Square is considering creating a distributed bitcoin mining system. It appears the bears will hibernate earlier than expected, as Bitcoin price returned to $60,000 and is close to exceeding its all-time high (ATH).  BTC/USDT 1-day chart (source: TradingView) At the time of writing, Bitcoin price is at $62,262.86, according to CoinGecko. Here are various mainstream Bitcoin news and developments that may have contributed to the strong market position of the crypto. First Futures

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Bitcoin Bull Market
Bull Market Already? Bitcoin Price $60K, Ethereum Price $3.8K

Bitcoin price recently hit $60,000. Ethereum price is nearing $4,000 once again. The crypto space is ecstatic, as the crypto prices of major assets are showing bullish performances. For a brief moment, Bitcoin price reached $60,000, a price that it has touched last May before going into a massive plummet. At the time of writing, BTC price is at $59,907.43, according to CoinGecko. Currently, Bitcoin’s price action is well above the 50-day and 200-day Simple Moving Averages (SMA). This shows that the BTC price has performed satisfactorily in the last weeks. The asset may only be gaining enough support at

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Bitcoin Aids Afghan People in Difficult Times

Bitcoin enables people in Afghanistan to send money seamlessly BTC has become one of the primary modes of payment in the country Bitcoin played a vital role in the challenging event that the country of Afghanistan is currently facing. Specifically, Bitcoin provides an efficient way for people in Afghanistan to spend and transfer their money seamlessly. Furthermore, Bitcoin also brings hope to the people in the country that do not have a bank account.   In an interview with the Thomson Reuters Foundation, Mahboob, a founder of the non-profit Digital Citizen Fund explained: “It wasn’t feasible – or safe – to

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Weekly-Crypto-Market-News-Round-Up
Weekly Crypto Market News Round Up

McDonald’s China Creates Its Own NFT Despite China Crypto Ban Axie Infinity Reaches 2m Players Amid AXS Price Surge and More The crypto space is slowly getting better as days go by. In fact, it is seen that the crypto space has been pumping its market cap in the past few days. At the time of writing, the market cap of the entire crypto market amounts to over $2.4 trillion with a 24-hour growth rate of almost +1%.  The surge of Bitcoin is also one of the hottest topics in the crypto space in the past few days. This is

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Bitcoin Miners Begin Accumulating BTC
Bitcoin Miners Begin Accumulating BTC, Sparks New Bullrun

Bitcoin miners have begun to accumulate Bitcoin after weeks of selling.  This is a clear indication that Bitcoin is heading towards its next bullrun.  Crypto analysts are certain that Bitcoin will moon in the next few months. In lieu of Bitcoin breaking its $48,000 resistance point and soaring up beyond $50,000, the crypto and Bitcoin community seems to be joyously back on track. One example of this new firepower is the fact that Bitcoin miners are back to accumulating Bitcoin.  As we can see from the image attached to this tweet from Twitter user Tamil Crypto School, Bitcoin miners have

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Bitcoin Lightning Network
Bitcoin Analyst — Lark Davis, Says Bitcoin Will Hit $200K

Bitcoin breaks the $48,000 resistance mark and is moving towards $50,000.  Crypto trader and analyst Lark Davis says Bitcoin could hit $200,000 in a few months.  He also commends Bitcoin for the opportunity it’s bringing to El Salvador. As the price of Bitcoin soars back up and breaks beyond its $48,000 resistance point, the crypto community rejoices. At the time of writing, Bitcoin has surpassed the $49,000 mark and is racing towards $50,000 and beyond.  Many analysts over the past quarter have been preaching about Bitcoin hitting $100,000 by the end of 2021. In fact, many are certain that this

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