BTC

Malta’s ‘Wild West’ Approach: Regulators Claim $70 Billion in Crypto Passed Through ‘Blockchain Island’

<div class=”featured_image_container”> </div> <strong>The island country of Malta in the Mediterranean Sea has been known to be friendly toward cryptocurrency solutions and blockchain technology for years now. According to a regional report, government sources say more than $70 billion moved through the country over past years while regulations were lax. Furthermore, the Financial Action Task …

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Microstrategy Buys $489M Worth of Bitcoin — Company Now Holds More Than 100,000 BTC

<div class=”featured_image_container”> </div> <strong>The independent, publicly-traded business intelligence company Microstrategy announced the acquisition of 13,005 bitcoin on Monday, at a purchase price of approximately $489 million in cash. The company’s CEO Michael Saylor revealed the latest purchase on Twitter, and the firm now has more than 100,000 bitcoins on its balance sheet.</strong> Microstrategy Now Holds …

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The US Government Is Auctioning $377K Worth of Bitcoin and Litecoin

<div class=”featured_image_container”> </div> <strong>The U.S. government is selling bitcoin and litecoin worth $377K via the General Services Administration (GSA). The auction closes at 5 p.m. on Monday, with the possibility of an extended closing time. The government auction house is selling the digital assets in 11 lots and so far, the lots have seen active …

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$135K for December: Stock-to-Flow Creator Lays out Bitcoin’s ‘Worst Case Scenario for 2021’

<div class=”featured_image_container”> </div> <strong>The pseudonymous creator of the popular stock-to-flow (S2F) bitcoin price model, Plan B, has published his “worst case scenario for 2021” predictions on social media on Sunday. The analyst says there’s also a “more fundamental reason” to why bitcoin prices have been dropping in June and how the month of July may …

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Economist Steve Hanke Warns Salvadoran Bitcoin Adoption Could ‘Completely Collapse the Economy’

<div class=”featured_image_container”> </div> <strong>The professor of applied economics at Johns Hopkins University, Steve Hanke, has recently been criticizing bitcoin adoption taking place in El Salvador. Hanke doesn’t think it’s a good idea for the Latin American country to use bitcoin as legal tender and says it could “completely collapse the economy.”</strong> Steve Hanke Wants Countries …

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Basketball Players in Canada to Be Paid in Bitcoin

<div class=”featured_image_container”> <img width=”1280″ height=”720″ src=”http://scoreit.online/wp-content/uploads/2021/06/shutterstock_1957637350-1280×720-1.jpg” class=”story__img article__poster” alt=”Basketball Players in Canada to Be Paid in Bitcoin” loading=”lazy” srcset=”http://scoreit.online/wp-content/uploads/2021/06/shutterstock_1957637350-1280×720-1.jpg 1280w, https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_1957637350-300×169.jpg 300w, https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_1957637350-1024×576.jpg 1024w, https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_1957637350-768×432.jpg 768w, https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_1957637350-1536×864.jpg 1536w, https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_1957637350-2048×1152.jpg 2048w, https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_1957637350-696×385.jpg 696w, https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_1957637350-1392×770.jpg 1392w, https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_1957637350-1068×601.jpg 1068w, https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_1957637350-747×420.jpg 747w, https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_1957637350-1920×1080.jpg 1920w, https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_1957637350-190×107.jpg 190w, https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_1957637350-380×214.jpg 380w, https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_1957637350-760×428.jpg 760w, https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_1957637350-1520×855.jpg 1520w” sizes=”(max-width: 1280px) 100vw, 1280px”> </div> <strong>CEBL, the …

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Out of All the American States Study Shows Hawaii Expressed the Most Crypto Demand This Year

<div class=”featured_image_container”> </div> <strong>A report published by the independent marketing intelligence company, Miq Digital, explains that Hawaii has seen the most crypto demand of all the states in the U.S., with a 687% increase since 2020. As far as increased cryptocurrency demand since last year, Nevada, California, Florida, and Colorado followed the island state with …

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Miami Mayor Tries to Entice China’s Bitcoin Miners — ‘We Want You to Be Here’

<div class=”featured_image_container”> </div> <strong>Miami’s Mayor Francis Suarez told the press on Thursday that his city was open to bitcoin miners from China who are flocking to find new homes. Suarez says he hasn’t actually talked to any miners from China but said he wants them to know the opportunity is there.</strong> Miami’s Mayor Says City …

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Miami mayor offers city’s clean nuclear power to Chinese Bitcoin miners

With Bitcoin (BTC) mining concentration expanding in North America, Miami mayor Francis Suarez is looking to position his city as a hub for crypto mining activity. Speaking to CNBC on Thursday, Mayor Suarez said he is inviting foreign mining companies to consider establishing data centers in the city. According to Suarez, Miami’s ample nuclear electricity supply …

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FCA’s Fourth Consumer Report Shows UK’s Crypto Asset Ownership Increased 27% Since Last Year

<div class=”featured_image_container”> </div> <strong>The UK’s Financial Conduct Authority (FCA) has published a research report that reveals crypto asset ownership has increased a great deal. According to the study, crypto ownership spiked more than 27% since last year as the FCA’s estimates show 2.3 million adults hold digital currencies, up from 1.9 million in 2020.</strong> United …

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