IMF pressures El Salvador to overhaul Bitcoin regulations

It has been nearly two decades since the world saw the introduction of a new multinational currency bloc that would alter the balance of global power. Just like the euro, a new currency is taking shape that can compare in scope and vision. Only this time, it’s happening in Africa, and shockingly it’s not digital.The…

Long-term investors use dips in a strong uptrend to buy while short-term investors are fixated on calling a top. In the past few days, data from Glassnode has shown significantly sized Bitcoin (BTC) outflows from Coinbase exchange, which is a sign of accumulation according to analysts.It is encouraging to note that the demand is not…

Having previously described Bitcoin as "a remarkable cryptographic achievement" and with an estimated net worth of roughly $23.6 billion, Schmidt will likely be one of the wealthiest individuals to act as a Chainlink advisor. 2020 Total views 5 Total shares Eric Schmidt, the chief executive officer of Google until 2011 who later served as executive…

$47,000 resistance serves as a timely reminder that the only way is not always up for Bitcoin bull runs. 2927 Total views 99 Total shares Bitcoin (BTC) lost its appetite for further gains on Thursday as BTC price action targeted levels below $45,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price heads toward $44,000Data from Cointelegraph…

We are at the "knee of an exponential curve, said the executive. 2468 Total views 20 Total shares In an interview with Cointelegraph, Hedera Hashgraph CTO Leemon Baird said that while interest in blockchain greatly increased in 2020, he expects much bigger things to come in 2021.Baird, who holds a doctorate in computer science from Carnegie…

Top Stories This Week Sam Bankman-Fried takes the stand on FTX’s collapse Sam “SBF” Bankman-Fried testified this week in his ongoing criminal trial in the Southern District of New York, denying any wrongdoing between FTX and Alameda Research while acknowledging making “big mistakes” during the companies’ explosive growth. Highlights of his testimony include denying directing

Changpeng Zhao, the co-founder and CEO of major cryptocurrency exchange Binance publicly expressed distrust towards self-proclaimed Bitcoin (BTC) creator and Bitcoin SV (BSV) founder Craig Wright.In a tweet published on Feb. 24, Zhao explicitly said that Craig Wright “is a fraud.” He also seemingly recommended not to invest in Bitcoin SV:“Investing in a fraud never…

Cryptocurrency trading platform SFOX has announced the closure of a $22.7 million Series A funding round with participation from Airbnb co-founder Nathan Blecharczyk, according to an August 16 press release. Co-founder and partner at Tribe Capital and Social Capital, Arjun Sethi, led the Series A funding round for the U.S.-based cryptocurrency dealer SFOX, with participation…