U.S. Debt Ceiling Impasse Could Prove Problematic For Bitcoin
The U.S. government is “nowhere near a deal” in raising the debt ceiling. Premature rumors of progress had caused a surge in the price of bitcoin.
Cathie Wood believes U.S. Is ‘Losing’ the Bitcoin race
According to Cathie Wood, the founder of investment manager ARK Invest, the United States is currently falling behind in the bitcoin movement due to its regulatory system.
Argentina’s Fiat Fiasco Proves Bitcoin’s Worth
Argentina is currently facing high inflation and high interest rates. Bitcoin’s price in ARS has reached record highs as hyperinflation proves its worth.
Dubai to build world’s first “bitcoin tower”
Recently, an ambitious announcement was made by a developer based in Dubai, revealing plans to build the world’s first Bitcoin Tower.
Bitcoin Adoption Will Surge as Trust in Fiat Falters Worldwide — Says MicroStrategy’s Michael Saylor
Various market analysts have offered their perspectives on the primary catalyst for this resurgence, and Michael Saylor, the former CEO of MicroStrategy, has also shared his thoughts on the subject.
MicroBT reveals the most powerful bitcoin mining rig to date
During the Bitcoin2023 conference in Miami, MicroBT, a leading manufacturer of Bitcoin mining machines, introduced three new mining rigs, including the market’s current most powerful offering.
Bitcoin payment app Strike to expand operations to 65 countries while moving its headquarters to El Salvador
Strike, the payments company focused on bitcoin, is set to extend the reach of its app to over 65 countries, surpassing its current presence limited to the United States and El Salvador
How the Dutch central bank spent a huge amount of time and money for a regular assets transfer
Bitcoin enthusiasts are abuzz with an astonishing tale of a transaction in The Netherlands transferring value between two European towns involving the central bank, the military, and police units.
U.S. Chamber of Commerce Slams SEC for Regulatory Uncertainty
The Chamber of Commerce in Washington, DC has criticised the Securities and Exchange Commission (SEC) over a lack of clarity on which digital assets are considered securities under federal law.
Pakistan to ban bitcoin and all related services nationwide with steps already underway
Government officials in Pakistan have adopted a firm position against the legalization of bitcoin, planning to ban all internet-based bitcoin services and activities.