Bitcoin Magazine News

El Salvador’s President Insists Bitcoin Use Will Not Be Mandatory

With El Salvador’s Bitcoin project just two weeks away, President Nayib Bukele said that using the cryptocurrency won’t be mandatory for citizens.  “This will be what happens [...]

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23 August 2021 15:57

What is Audius? The Crypto Music Streaming Service Taking On Spotify

Music streaming services have over 400 million subscribers worldwide between them, and raked in over $13 billion in revenue last year. But critics of the industry claim [...]

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23 August 2021 15:22

Monero Surges 15% Continuing Last Week’s Rally

Privacy-focused cryptocurrency Monero (XMR) today continues its price rally sparked by the launch of atomic swaps last week. At the time of writing, Monero was trading at [...]

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23 August 2021 12:37

What Breaking $50,000 Means for Bitcoin

Bitcoin is currently priced at a touch over $50,000, the first time that the cryptocurrency has been valued above the $50,000 bracket since May of this year.  [...]

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23 August 2021 12:02

These Are The High-Profile Bitcoin ETF Applications Currently In Play

Since the first application for a U.S. Bitcoin exchange-traded fund was filed in 2013, a Bitcoin ETF has become something of a holy grail for the crypto [...]

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23 August 2021 10:30

VISA Buys CryptoPunk NFT for Nearly 50 ETH

VISA has purchased a CryptoPunks NFT for 49.5 ETH—the equivalent of approximately $165,000. “Over the last 60 years, Visa has built a collection of historic commerce artefacts—from [...]

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23 August 2021 10:24

Circle Stablecoin to Be Held ‘Entirely’ in Cash, US Treasuries 

USD Coin (USDC) will only be backed by cash and U.S. treasury bills, according to a recent blog post from the Centre Consortium. Centre was founded by [...]

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23 August 2021 10:14

Bitcoin Tops $50,000 for First Time Since May

Bitcoin returned to the $50,000 mark on Sunday evening, a major price milestone as the crypto market continues to break out from its spring crash and subsequent [...]

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23 August 2021 03:13

PayPal Launches Crypto Services in UK

Starting Monday, PayPal’s U.K. customers can buy, sell, and hold Bitcoin, Ethereum, Bitcoin Cash and Litecoin. Customers can buy as little as £1 ($1.3) worth of the [...]

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22 August 2021 23:02

Why Domain Name Investors Are Buying Up NFTs

When I first told my wife, the daughter of a famous collage artist, that I just paid more for a JPEG of a cartoon ape than the [...]

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22 August 2021 17:59

Deloitte Survey: Crypto Will Rival or Replace Fiat Within 10 Years

Deloitte’s annual global blockchain survey has found that 76% of finance professionals think that digital assets “will serve as a strong alternative to, or outright replacement for, [...]

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22 August 2021 14:36

Cardano Reaches All-Time High As Rally Continues

The price of Cardano (ADA) has reached an all-time high of $2.64 this morning, breaking the previous record of $2.54 set on Friday. ADA now trades for [...]

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22 August 2021 14:23

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