El Salvador became the first country to accept Bitcoin as legal tender in September 2021. Fast forward to the present, discussions about El Salvador’s bitcoin default are becoming commonplace.
The Enforcement Directorate conducted six raids earlier this month as part of a thorough investigation into the alleged defrauding of over 15,000 investors. India’s biggest crypto scam could come up to Rs 1 trillion shifting to a scale that has never been seen before in the nation.
Michael Saylor talks about 10 things that have to happen over the next decade to make bitcoin a better and stronger asset.
Many cryptocurrencies have suffered significant losses in the last week, as the whole crypto market valuation fell by 24%. A total of 72 of the top 100 coins have fallen 90% or more, but here are the holdouts.
After Russian President Vladimir Putin openly questioned the central bank’s suggestion to ban cryptocurrency, the head of the Russian Central Bank, Elvira Nabiullina, suggested considering Bitcoin payments for international settlements.
Bitcoin is a monetary revolution that will change the world of the future. Bitcoin will not only change the world of the future forever, but it will also change it for the better. The Bitcoin system will enable the construction of a fairer and simply better world for everyone.
Custodia’s lawsuit claims that the bank’s approval process for a master account with the Federal Reserve, which would reduce costs and risks, was delayed in an “unlawful” manner. Now, Caitlin Long’s Bitcoin bank Custodia is suing the Federal Reserve.
Michael Saylor, the CEO of Microstrategy, said that they can avoid a margin call if Bitcoin falls below $21,000 and that they have enough Bitcoin to put up as collateral to fund the loan all the way down to a BTC price of $3,562.
The chief strategy officer of the Human Rights Foundation, a pro-Bitcoin NGO, said that the reason why the IMF hates bitcoin is that it is an outside currency that’s beyond the control of alphabet soup organizations.
