Day: March 11, 2022

El Salvador’s Bitcoin Bond Could Go Live Between March 15-20

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Quick take: El Salvador could launch its Bitcoin bond between March 15th and 20th The choice of dates stands out as the U.S. Federal Reserve has an FOMC meeting from March 15th to 16th The bond, worth $1 Billion, is part of President Bukele’s plans of raising funds to buy more BTC and build the first-ever ‘Bitcoin City’ El Salvador’s ‘Bitcoin City’ will be located in La Unión and powered by geothermal energy El Salvador is reportedly looking to launch its highly anticipated Bitcoin bond between March 15th and 20th.…

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Bitcoin Jumps To $40k As Putin Sees “Positive Movement” In Negotiations

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Bitcoin has reclaimed the $40,000 mark in the last hour, following indications of progress in discussions between and Ukraine amid the ongoing conflict. Russian President Vladimir Putin stated that “positive movement” was being made in the negotiations on a “daily basis.” Russia is facing penalties from Western countries, among others, as world leaders criticize the invasion of Ukraine. Bitcoin Spikes Following Putin Remarks The spike came in the wake of new comments from Russian President Vladimir Putin, who indicated in a meeting with his Belarussian counterpart, Aleksandr Lukashenko, that there…

Gloomy Crypto Future? Book Author Warns We’re In The Biggest Bubble In History

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Famous “Rich Dad, Poor Dad” author Robert Kiyosaki has predicted a bleak future for the economy and the crypto market. He says we live in the largest bubble in human history — with stocks, real estate, commodities, and oil all experiencing bubbles. Kiyosaki added that hyperinflation and despair are on the table as well. Crypto Prediction The book author predicts that the US government will seize all cryptocurrencies when US President Joe Biden signs an executive order on cryptocurrency — which the President did, on Wednesday. Bitcoin is out, he…

More Crypto Price Uncertainty Heading Into the Weekend – Market Updates Bitcoin News

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Bitcoin consolidated on Friday, as prices hovered marginally below the $40,000 level. This comes following a volatile day of trading in which BTC fell to its lowest point since Wednesday. Ethereum also remained slightly above its recent support. Bitcoin Bitcoin continued to trade at high levels of uncertainty on Friday, following a volatile few sessions for the world’s largest cryptocurrency. BTC/USD started the day around the $39,300 region, before falling to an intraday low of $38,347.43, which then was followed by a high of $40,081.68. As of writing, bitcoin is…

Fantom Vs. Rekt, What Went Down

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A recently taken down investigation by Rekt News about the Fantom Foundation dug into several moves that could point to a lack of transparency from the DeFi platform. The article had called it “an elaborate scheme,” but apparently failed to approach the subject with enough accuracy. 1-2 hours after publishing the piece, Rekt deleted it and tweeted an apology. An archive from the original investigation can be found here. This response from Rekt was not seen as clear enough by their readers. Why didn’t they publicly clarify their mistake? Several…

From millionaire at 16 to incredible IoT inventor – Cointelegraph Magazine

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A self-made millionaire by 16, Jonathan Manzi is no ordinary entrepreneur. Now 31, the past 15 years have seen him start an energy drink business but shutter it once he realized that there wasn‘t enough of the required kava-plant ingredient in the world to feed his ambitions of competing against Gatorade. Becoming the youngest bar owner in San Francisco at 22, Manzi went on to create a robotic FedEx-like printing office with his company INK and later launch Beyond Protocol, a blockchain that styles itself as the “internet” for the…

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South Korea Elects Crypto-Friendly President Who Vows to Deregulate Digital Asset Industry – Regulation Bitcoin News

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South Korean voters have elected a crypto-friendly president. Yoon Suk-yeol of the conservative People Power Party has vowed to deregulate the crypto industry and introduce favorable tax laws for crypto investors. “To realize the unlimited potential of the virtual asset market, we must overhaul regulations that are far from reality and unreasonable,” he said. South Korea’s President-Elect Vows to Deregulate Crypto Industry South Korean voters elected Yoon Suk-yeol of the conservative People Power Party as their new president in the country’s most closely fought presidential election Wednesday. Yoon served as…