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Crypto Investment Platform Coinseed Shuts Down Amid NYAG Lawsuit

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Coinseed also created an ERC-20 token whose message is targeted at New York Attorney General Letitia James. Crypto Investment Platform Coinseed Shuts Down Amid NYAG Lawsuit Coinseed, a crypto platform that enabled micro-investing in cryptocurrency assets for its users, has shut down its operations. Delgerdalai Davaasambuu, founder and CEO of…

El Salvador Adopts Bitcoin As Legal Tender

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El Salvador’s Nayib Bukele, Latin America’s youngest president who’s known to break from the norms, said he plans to send legislation that would make Bitcoin legal tender in the country. El Salvador Adopts Bitcoin As Legal Tender “In the short term, this will generate jobs and help provide financial inclusion…

What Is Dollar Cost Averaging Bitcoin?

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Bitcoin dollar cost averaging consists in investing a fixed amount of USD, into BTC, on regular time intervals. What is Dollar Cost Averaging Bitcoin? You’ll often see it referenced by its abbreviation of "DCA". Purchasing $10 every week, for example, would be dollar cost averaging. This strategy is mostly used…

Paxful Launches Tool Allowing Businesses To Receive Payment In Bitcoin

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The tool will convert customers' payments into bitcoin, which is then sent to the merchant's digital wallet. Paxful Launches Tool Allowing Businesses To Receive Payment In Bitcoin Peer-to-peer digital asset marketplace Paxful has launched an e-commerce tool to allow businesses worldwide to receive bitcoin payments. * Paxful Pay exchanges customers'…

CEOs Of Top Russian Banks Sberbank And VTB Blast Bitcoin

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Top Russian bankers cite their reasons for not liking Bitcoin after Tinkoff's CEO said that the central bank was stopping it from offering crypto trading services. CEOs Of Top Russian Banks Sberbank And VTB Blast Bitcoin Sberbank and VTB, the two biggest banks in Russia, are not willing to move…

President of El Salvador Says He’s Submitting Bill To Make Bitcoin Legal Tender

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An emotional Jack Mallers announced the news at the Bitcoin 2021 conference in Miami. President of El Salvador Says He’s Submitting Bill To Make Bitcoin Legal Tender El Salvador is developing a bill to recognize bitcoin as legal tender, according to President Nayib Bukele. In a videotaped announcement shown Saturday,…

Bitcoin Falls As Weibo Appears To Suspend Some Crypto Accounts

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Bitcoin continued its decline on Saturday after potentially positive catalysts from El Salvador and Square Inc. were unable to assuage investor concerns over Chinese regulatory risks. Bitcoin Falls As Weibo Appears To Suspend Some Crypto Accounts The world’s largest digital coin slipped to trade around $35,220 as of 6:31 p.m.…

No Grave Dancing For Sam Zell Now. He’s Paying Up For Hot Properties

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Storied real-estate investor is focusing on more mainstream deals, a strategy reflecting the dearth of distressed properties. No Grave Dancing For Sam Zell Now. He’s Paying Up For Hot Properties Sam Zell, who made a fortune buying distressed commercial properties, isn’t finding many bargains these days. Instead, the storied real-estate…

Israel-Gaza Conflict Spurs Bitcoin Donations To Hamas

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Armed Palestinian faction sees surge in online web traffic, bitcoin donations that circumvent sanctions. Israel-Gaza Conflict Spurs Bitcoin Donations To Hamas The Palestinian militant group Hamas has seen a surge in cryptocurrency donations since the start of the armed conflict with Israel last month, a senior official with the group…

The Southwest Is America’s New Factory Hub. ‘Cranes Everywhere.’

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Five states in the region accounted for 30% of U.S. job growth in manufacturing over three years, adding more than 100,000 jobs. The Southwest Is America’s New Factory Hub. ‘Cranes Everywhere.’ Companies producing everything from steel to electric cars are planning and building new plants in Southwest states, far from…

The Kardashev Scale – Type I, II, III, IV & V Civilization

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We have reached a turning point in society. The Kardashev Scale – Type I, II, III, IV & V Civilization According to renowned theoretical physicist Michio Kaku, the next 100 years of science will determine whether we perish or thrive. Will we remain a Type 0 civilization, or will we advance and make…

Bitcoin Bond Launch Brings Digital Currency Step Closer To ‘World Of High Finance’

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Japanese financial information firm Fisco announced Monday it is experimenting with the country’s first bitcoin-backed bond.  Bitcoin Bond Launch Brings Digital Currency Step Closer To ‘World Of High Finance’ The news follows other announcements in the last several weeks for bitcoin options, futures and an exchange-traded fund tracking bitcoin derivatives…