• Login
Crypto Newsmart
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • ALTCOIN
    • ETEREUM
    • NFT’s
    • CRYPTO PRICE ANALYSIS
  • LEARN CRYPTO
  • CRYPTO EXCHANGES
  • BLOCKCHAIN
  • MINING
  • SCAM ALERT
  • PRESS RELEASE
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • ALTCOIN
    • ETEREUM
    • NFT’s
    • CRYPTO PRICE ANALYSIS
  • LEARN CRYPTO
  • CRYPTO EXCHANGES
  • BLOCKCHAIN
  • MINING
  • SCAM ALERT
  • PRESS RELEASE
No Result
View All Result
Crypto Newsmart
No Result
View All Result

Cryptocurrency News: Where Are We Headed?

in Altcoin
Reading Time: 2 mins read
Cryptocurrency News: Where Are We Headed?
16
VIEWS
Share on Facebook

After a mind blowing rally in March-April, when Bitcoin reached an all-time high of $64,000, Bitcoin entered a correction, lost almost 50% of its value and is currently traded at $37,000. However, analysts say that this may only be a temporary downtrend that is going to be followed by a strong reversal as more and more good news about Bitcoin adoption keep coming from different parts of the world.

Bitcoin trading on IQ Option

What are the latest Bitcoin updates that might affect the cryptocurrency’s future?

  • Miami, one of the most crypto-friendly cities of the United States, is about to offer BTC salary payments as an alternative to the standard USD payments, says the mayor of Miami, Francis Suarez. He also mentioned that the city will be implementing a series of innovations to further support the cryptocurrency: for instance, the possibility of paying city taxes with BTC.
  • El Salvador’s president Nayib Bukele proposed to make cryptocurrency legal tender, which means that BTC will now be accepted as legal payment for goods, services, taxes etc. Moreover, El Salvador is to grant citizenship to anyone who invests at least 3 BTC in the country’s economy. In 90 days the law will take effect, making the country the first to adopt cryptocurrency as a legal payment option.
  • Meanwhile, PayPal announced that it will now support cryptocurrency withdrawals to third-party wallets, allowing users to transfer their crypto away from the platform for the first time.
  • Last, but certainly not least, Warren Buffett, who has traditionally been against investing in cryptocurrencies and warned investors against it, saying that it will lead to large losses, has finally come around. Berkshire Hathaway, the holding company led by Buffett, invested $500 million in a digital bank, which supports Bitcoin.

With all the positive updates, even Elon Musk’s public renunciation of Bitcoin doesn’t seem so serious, despite Musk’s prior influence on the cryptocurrency.

i1xMnBDOvy1UoerrcL4OOxytGGY2UeNsY0M6L9wqRV4uPBt0YbBLaodqcFje3tFzjFdKOowGQbReF3d1pS2rmRNyq9zYc SSbr4Tf5pnds8bsywwJFMl9IcAIY2AdSYuJSKnCjgP
Via Elon Musk’s twitter account

What do you think about the future of Bitcoin? Let us know what you think in the comments below!

Сообщение Cryptocurrency News: Where Are We Headed? появились сначала на IQ Option Broker Official Blog.

Source link

 

Ethereum Merge: Is Your Ether (ETH) Safe?


  • Trending
  • Comments
  • Latest
Deribit to Launch Futures Contracts for Bitcoin Volatility Trading

Deribit to Launch Futures Contracts for Bitcoin Volatility Trading

18 March 2023
Moscow City Crypto Exchanges Ready to Send Cash to London, Report – Exchanges Bitcoin News

Moscow City Crypto Exchanges Ready to Send Cash to London, Report – Exchanges Bitcoin News

17 March 2023
Getting Started With AI Powered Staking With Mosdex | by Mosdex | Mar, 2023

Getting Started With AI Powered Staking With Mosdex | by Mosdex | Mar, 2023

16 March 2023
Binance Halts GBP Deposits and Withdrawals

Binance Halts GBP Deposits and Withdrawals

15 March 2023
Coinbase Potentially Looking At Launching An Overseas Exchange: Report

Coinbase Potentially Looking At Launching An Overseas Exchange: Report

18 March 2023
The potential to empower disenfranchised communities in Latin America using Ethereum

The potential to empower disenfranchised communities in Latin America using Ethereum

22 March 2023
US Govt Attacks Bitcoin In New Report, Promotes A CBDC

US Govt Attacks Bitcoin In New Report, Promotes A CBDC

22 March 2023
Tips for Beginners on How to Play

Tips for Beginners on How to Play

22 March 2023
Bitcoin’s banking crisis surge will ‘attract more institutions’: ARK’s Cathie Wood

Bitcoin’s banking crisis surge will ‘attract more institutions’: ARK’s Cathie Wood

22 March 2023
Circle’s USDC Regains $1 Peg After Tumultuous Weekend

Circle’s USDC Regains $1 Peg After Tumultuous Weekend

21 March 2023

  • Home
  • Disclaimer
  • Privacy Policy
  • Digital Millennium Copyright Act Policy (DMCA)
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us
CRYPTO NEWSMART

Copyright © 2021 Crypto Newsmart.

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • ALTCOIN
    • ETEREUM
    • NFT’s
    • CRYPTO PRICE ANALYSIS
  • LEARN CRYPTO
  • CRYPTO EXCHANGES
  • BLOCKCHAIN
  • MINING
  • SCAM ALERT
  • PRESS RELEASE

Copyright © 2021 Crypto Newsmart.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Manage Cookie Consent

We use cookies to optimise our website and our service.

Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
Preferences
{title} {title} {title}