Bitcoin / 629 posts found
Greenwich estate owner will accept bitcoin or Ethereum cryptocurrency as payment for $6.5 million property
Cryptocurrency Main residence at 241 Bedford Rd in Greenwich, CT Anthony Acocella / Modern Angles The Gold Coast of Connecticut soon might become the Crypto Coast if this real estate listing is any indication. The owner of a Greenwich estate is willing to accept cryptocurrency as payment for its $6.5 million asking price, in what an agent says is the first such listing of its kind in the wealthy town. The unidentified owner’s background explains the unusual offer, and their comfort level in taking bitcoin or Ethereum crypto for the 4.3-acre farmhouse compound on Bedford Road, which dates to the […]
Bitcoin Taps $39K, NEAR Protocol Soars 12% (Market Watch)
After marking the multi-week low yesterday, bitcoin reacted well and spiked by almost $2,000 in the following hours. Most altcoins are also slightly in the green following the recent corrections. NEAR Protocol leads the way with a double-digit daily increase. Bitcoin Taps $39K After failing at $41,000 last week, bitcoin started its rapid descent and found itself trading below $38,000 just a day later. The bulls stepped up at this point and pushed the asset north. As a result, bitcoin was above $40,000 shortly after, but, as it happened the last time, it didn’t stay there for long. Just the […]
The Complete Guide to Crypto, Bitcoin, ApeCoin and Blockchain Technology
Cryptocurrency Opinions expressed by Entrepreneur contributors are their own. Cryptocurrency What is cryptocurrency? Cryptocurrency is a digital currency that is not controlled by any government or institution. Cryptocurrencies are not printed and are instead created using computing power. Cryptocurrency is created through a process called mining. Mining involves solving complicated math problems with the use of computer processing power. The miner who solves the problem gets rewarded in crypto coins, which they can then spend on goods or services online. Cryptography is the art of writing in secret code. It’s been around for centuries and has been used to protect […]
Bitcoin becomes the official currency in the Central African Republic
The Central African Republic has overtaken regional cryptocurrency front-runners such as Kenya and Nigeria to become the continent’s first nation to officially adopt bitcoin as legal tender. El Salvador is the only other country that officially uses bitcoin as legal tender in the world. Uptake of the currency since its introduction in the country in September 2021 has been modest. The CAR parliament unanimously passed a law in favor of the adoption of bitcoin, driven by the need to solve currency and exchange rate challenges. The BBC quoted Yann Daworo, an economist in the CAR capital Bangui saying, “Businessmen will no longer […]
Central African Republic follows El Salvador in making Bitcoin an official currency
Bitcoin What just happened? No longer is El Salvador the only country in the world where Bitcoin is an official currency. Joining the South American nation is the Central African Republic (CAR), which has now approved the cryptocurrency as legal tender. A bill governing the use of Bitcoin was adopted unanimously by parliament last week, writes Reuters. Despite being rich in natural resources such as gold and uranium, CAR is one of the poorest countries in the world and has been embroiled in civil war since 2012. It currently uses the French-backed CFA franc as its currency, as do six […]
U.S. Dollar Index (DXY) Reaches Long-Term Resistance
The U.S. Dollar Index, which has experienced rapid growth in recent weeks, has reached long-term resistance. Much depends on the DXY’s further movements, not only in the broad financial sector, but also in the Bitcoin and cryptocurrency markets. A rise in the U.S. Dollar Index is often a signal of uncertainty and fear in financial markets. Moreover, the DXY has a long-term negative correlation with the price of Bitcoin and the cryptocurrency market. The latest releases of quarterly reports from major U.S. companies came in below expectations. Then, investors continue to take into account the unstable global situation with the […]
Dubai Real Estate Giant Now Accepts Payments in BTC and ETH
Bitcoin You are here: Home / News / World / Dubai Real Estate Giant Now Accepts Payments in BTC and ETH April 28, 2022 by Vignesh Karunanidhi A Dubai-based firm stated that allowing cryptocurrencies to be used to purchase real estate will revolutionize the industry’s future. It will also offer simplicity and flexibility to real estate investors worldwide. On Wednesday, Damac Properties, a real estate developer, revealed that it would offer properties in exchange for cryptocurrencies Bitcoin and Ethereum. “This shift toward clients holding cryptocurrency is one of our endeavors to advance the new economy for younger generations and the […]