One Of Panama’s Largest Banks Just Became Bitcoin-Friendly
Cristobal Pereira of the Latam Blockchain Summit announced that one of Panama’s largest banks, Towerbank, has become Bitcoin-Friendly.
Russia Actively Discussing The Use Of Cryptocurrency In International Trade
The Russian tax office suggested in April that legal businesses in the country be allowed to receive Bitcoin and other cryptocurrencies as payment in international trade transactions. Now there’s further attention on it as Russia is actively discussing the use of cryptocurrency in international trade.
How Bitcoin Can Unlock The Energy Of The Ocean For 1 Billion People
Ocean Thermal Energy Conversion (OTEC), a 150-year-old proposal hindered by economies of scale, converts the world’s oceans into a massive renewable solar battery. This is how Bitcoin can unlock the energy of the ocean for 1 billion people.
United States Overtakes China As Largest Bitcoin Mining Hub
According to latest research, the United States has overtaken China as the largest Bitcoin mining hub.
$1.2 Billion In Bitcoin Was Liquidated During Last Week’s Crypto Crash
$1.2 billion in Bitcoin was liquidated during last week’s crypto crash. It was not simply Bitcoin, clearly. The collapse of Terra amounted to a degree of market contagion, which hurt crypto markets in general.
Why The Falling Bitcoin Price Doesn’t Matter
Detractors have been attacking Bitcoin for requiring meme-stock speculators to function, but now that the speculators have left, the doubters are blaming Bitcoin for the speculators’ absence. But here’s why the falling Bitcoin price doesn’t really matter.
How Banks Are Trying To Discredit Bitcoin
Bitcoin’s popularity grows year after year. By every criteria — financial value, adoption rates, transaction volume, you name it — Bitcoin is becoming popular. Fearing its capacity to upset the financial system, banks are trying to discredit Bitcoin and cryptourrency.
Did The Biggest Recent Buyer Of Bitcoin Just Become A Forced-Seller?
As the Terra stablecoin becomes depegged from the U.S. dollar, the biggest buyer of bitcoin in recent months could become its biggest forced seller.
California Governor Signs Executive Order Encouraging Bitcoin And Crypto Businesses
With the aim of exploring opportunities to deploy blockchain technologies to address public-serving and emerging needs in California, the Governor has signed an executive order encouraging bitcoin and other crypto businesses.
Goldman Sachs Offers Its First Bitcoin-Backed Loan
Goldman Sachs’ entry into the bitcoin-backed loan market is sending ripples across the industry and marks a turning point for the industry in aspects of liquidity, legitimacy, and customer choice.