Cryptocurrency Compromise Emerges for Infrastructure Bill

WASHINGTON—A key senator negotiating the roughly $1 trillion bipartisan infrastructure bill signaled a willingness to compromise over a provision that seeks to raise money through tougher tax enforcement of cryptocurrency transactions. Sen. Rob Portman (R., Ohio) on Thursday said he agreed on the need to clarify the provision, which he wrote and is backed by … Read more

Bitcoin higher, Ethereum, Dogecoin trending lower early Saturday

Bitcoin was trading more than 1.5% higher Saturday morning. CONSTELLATION BRANDS, INC. The price was around $48,670 per coin (+1.67%), while rivals Ethereum and Dogecoin were trading around $3,520 (-0.19%) and 24.4 cents (-2.95%) per coin, respectively, according to Coindesk. FIDELITY LOBBIES SEC FOR BITCOIN ETF The Biden administration is preparing an array of actions, … Read more

7 Facts About Bitcoin That Will Surprise You

Bitcoin (BTC) is an astonishing phenomenon in and of itself. It showed us that it’s possible to have a digital currency that doesn’t rely on banks or governments. Plus, the blockchain technology that enables Bitcoin could transform various industries, from finance to healthcare. Curious to know more about the world’s first cryptocurrency? Here are some … Read more

If ‘Ethereum is already more popular than Bitcoin,’ what are institutions waiting for

Since Bitcoin’s rally last year, high-level financial institutions have placed a lot more importance on the cryptocurrency’s value. However, while companies like Microstrategy and Tesla have gone big on the top digital asset, Ethereum is still well behind in making that cut. Companies like Coinbase may be changing that narrative, however, with the NASDAQ-listed cryptocurrency exchange recently announcing plans to invest … Read more

Is Bitcoin’s legal tender status causing ‘currency chaos’ in El Salvador

Days after El Salvador became the world’s first country to adopt Bitcoin as legal tender, it hasn’t garnered an endorsement from many crypto proponents. In a recent podcast, business and policy reporter of the New York Times, Ephrat Livni, discussed issues around the rollout by President Nayib Bukele. She argued that Bitcoin’s adoption as legal tender, was being “advanced as a … Read more

Cardano, Tron, EOS Price Analysis: 9 October

Following Bitcoin and Ethereum’s slight recovery, many altcoins started to register positive price actions. ADA managed to remain above the $2.50 price floor after recording 5.1% gains over the last 24 hours. TRON broke above its price ceiling of $0.095 and rose by 4.3%. On the other hand, EOS traded laterally with a slight decline … Read more

Bitcoin, ether, dogecoin, other crypto prices fall. Check latest rates

In cryptocurrencies, Bitcoin prices today slipped over 4% to $42,421. The world’s largest cryptocurrency by market capitalization is up 45% this year (year-to-date), and much below its record of near $65,000 it had hit in April. Ether, the coin linked to ethereum blockchain and the second largest crypto, also plunged as it was down nearly 7% … Read more

Twitter adds Bitcoin option to Tips, will let users remove themselves from a conversation

Twitter has announced a host of new product features geared towards creators on the platform, including expansion of monetization opportunities. For starters, it is adding an option to support Bitcoin as a form of payment for Tips that users can send to select creators on the platform. It is also working on new safety measures, … Read more