Could Scalable Payments for Bitcoin Undermine Its Value?

With the wild journey that is bitcoin price swings so far this year, you might have missed the accelerating rhythm of companies announcing services to support bitcoin for payments. We’re not talking about small idealistic startups, either. A week ago, on Visa’s Q1 earnings call, CEO Al Kelly said the company may add cryptocurrencies to…

Mexico’s third-richest person changes Twitter bio to include Bitcoin

Ricardo Salinas Pliego, chairman at conglomerate Grupo Salinas and Mexico’s third richest person, is plugging Bitcoin on social media. The billionaire with an estimated net worth of more than $13 billion as of January changed his Twitter bio over the weekend to include the Bitcoin (BTC) hashtag. Crypto Twitter users and some of Salinas’ more…

All Tifon Gas Stations in Croatia Now Accept Cryptocurrencies – Featured Bitcoin News

Forty-six Tifon gas stations across Croatia have reportedly started accepting cryptocurrency payments. Using payment processor Paycek, customers can pay with a number of cryptocurrencies, including bitcoin and ether. Tifon gas stations in Croatia started accepting cryptocurrency payments at the beginning of February. There are currently 46 Tifon gas stations in the country. Paycek, a service…

Serbian Man Extradited to US After Being Indicted in $70M Crypto Fraud

Serbia has extradited a man to the U.S. after he was indicted by a Dallas-based federal grand jury on allegations that he duped investors around the globe – several of whom are in northern Texas – out of more than $70 million. The scheme involved soliciting investments in binary options and cryptocurrency mining, the U.S. Department of…

Ethereum Upgrade Could Pump Price By Burning Billions in ETH Each Year

In brief A recent report by Grayscale predicted that EIP 1559 would create “a positive feedback loop for Ether’s price.” Decrypt spoke to Ethereum experts Eric Wall and Tim Ogilvie, who both agree that EIP 1559 is bullish. Technical feasibility and miner resistance hinder the implementation of EIP 1559. A report from crypto investment fund…

Top 5 Crypto News: 02/06 – Cryptocurrency News

At the time of press, Bitcoin got within a couple thousand of reaching its all-time high price and is now trading at $39,228. Meanwhile, the second-largest cryptocurrency, Ethereum, is trading at $1,683. Let’s find out some exciting crypto news for today. Elrond | ChainGuardians Partnership To Explore Gamified NFT DeFi Opportunities Elrond collaborated with ChainGuardians,…

Report – Regulation Bitcoin News

The Indian government is reportedly considering taking “the ordinance route” to quickly pass the cryptocurrency bill. “The government is of the firm view that they want to introduce the law within a month of clearance of the ordinance,” a local news outlet detailed. Indian Government Seeks to Quickly Pass Crypto Bill All eyes are on…

Are GameStop-Style Surges In Crypto Any Different From Old Pumps & Dumps?

Source: Adobe/epic_images The biggest financial craze of the first month of 2021 was neither bitcoin (BTC) nor any other cryptoasset. It’s GameStop (GME), or rather the anti-short collective buying that has emerged around this stock of a troubled US company and other heavily shorted securities. In banding together via Reddit subreddit r/wallstreetbets (WSB) and other…