Bitcoin

Bitcoin
Rising Interest Rates Slow Down Bitcoin Trading Volume
April 17, 2022

With bitcoin interest rates rising, trading volumes have gone down, a Bloomberg report says. The aggregate 30-day moving average volume for bitcoin, taken into account across Coinbase, Bitfinex, Kraken and Bitstamp, the report says, was at its lowest levels since August 2021, per data from...

Bitcoin
Bringing Bitcoin Firmly into Payments, Strike Partners with NCR, Shopify, Blackhawk
April 08, 2022

Bitcoin-based payments firm Strike last night announced deals that will bring crypto payments to NCR point-of-sale terminals, Shopify and prepaid payments provider Blackhawk Network. The announcement brings bitcoin, originally designed as a peer-to-peer payments tool, back to its roots as a potentially serious alternative in...

Bitcoin
eCommerce Platform Shopify Integrates With Payments Network Strike to Accept Bitcoin
April 08, 2022

Payments network Strike announced its integration with Canadian eCommerce platform Shopify, which will allow global merchants to accept bitcoin payments, according to a Thursday (April 7) press release. The integration aims to make things easier for merchants by allowing them to accept the digital currency...

Bitcoin
El Salvador’s Adoption of Bitcoin as Legal Tender Addressed in Congressional ACES Act
April 05, 2022

Two members of Congress introduced the Accountability for Cryptocurrency in El Salvador (ACES) Act to lower potential risks to the U.S. that could arise from El Salvador’s adoption of bitcoin as legal tender. Rep. Norma J. Torres, D-Calif., chair of the Central America Caucus, and...

Bitcoin
In a Bid to Lure Investors, a REIT Turns to Bitcoin Payments
April 05, 2022

You can buy a bottle of wine, a movie ticket, a laptop, a cruise with bitcoin. Now, you can buy a small piece of a parking garage, a warehouse or a cold storage facility — properties that broadly fall into the supply chain logistics category...

Bitcoin
Regulatory Attention Turns to Bitcoin ATMs in Their US Stronghold
March 01, 2022

The growth of new bitcoin ATMs that let people buy and sell cryptocurrencies slowed in the first two months of the year, with just 1,817 installed, compared with 2,435 in the same period last year. That’s despite news like bitcoin ATM operator LibertyX’s acquisition by...

Bitcoin
War in Ukraine Poses First Big Test for Bitcoin as a Haven in Times of...
February 25, 2022

It’s hard to argue that the case for bitcoin as a store of value that, like gold, provides a hedge against inflation has been badly battered in recent months. Having plummeted as much as 50% in the past three months, the price of bitcoin has...

Bitcoin
Blockstream CSO: $500M Committed to El Salvador Bitcoin Bond
February 18, 2022

Investors have committed a half-billion dollars to El Salvador’s forthcoming bitcoin bond, according to Blockstream Chief Strategy Officer Samson Mow. Mow, who developed the novel bond, told industry news site BeInCrypto that “the bond had received more than $500 million in verbal commitments at the...

Bitcoin
US Senators Propose Legislation to Mitigate Risks of El Salvador’s Bitcoin Adoption
February 17, 2022

A bipartisan group of lawmakers introduced legislation in the U.S. Senate Tuesday (Feb. 15) to diminish risks to the nation’s financial system by El Salvador’s adoption of bitcoin as legal tender. The Accountability for Cryptocurrency in El Salvador (ACES) Act was introduced by Sen. James...