U.S. Department of Homeland Security Signs $1.36M Contract with Coinbase
Coinbase’s new contract with the United States government is approximately forty times larger than its previous agreement. The Department of Homeland Security’s Immigration and Customs Enforcement department will receive blockchain analytics tools from Coinbase. The crypto exchange has also offered software to the Secret Service of the United States and the Internal Revenue Service. According […]
Turkish President Declares War on Cryptocurrencies
The president of Turkey, Recep Tayyip Erdogan, stated that Turkey was at war with cryptocurrencies during a conference with students from 81 districts, which took place in the city of Mersin on September 18. The Turkish central bank put a ban on cryptocurrency payments in mid-April, effectively prohibiting local businesses from engaging in transactions using […]
California has been dubbed the “most crypto-ready” state in the United States
The crypto-ready index for California was calculated using Google searches, Bitcoin ATM installations, and the number of crypto-focused bills. According to new industry analysis from the review site Crypto Head, California has emerged as the most crypto-ready jurisdiction in the United States, thanks to the growth of cryptocurrency ATMs and increased interest in digital assets among the state’s population. California won the crypto-ready index with a score of 5.72 out of ten, beating out New Jersey (5.44), Texas (5.28), Florida (5.03), and New York (4.29). In addition, the state’s total point total […]
BTC price plummets to $47K as weekly close neatly tracks Bitcoin futures gap
The weekly gain for BTC buyers is minimal, as Saturday’s progress returns to square one the next day. On Sept. 19, Bitcoin (BTC) retested $47,000 as the weekly close appeared to be hinged on the CME futures gap. Following the erasure of profits, Bitcoin has come full circle As the week came to a conclusion, […]
Henry Ford proposed an ‘energy currency’ to replace gold 100 years ago
Bitcoin seems to fit the idea of an energy-backed currency established by a famous American inventor during the interbellum period. In 1921, American manufacturer Henry Ford proposed the establishment of an “energy currency” that might serve as the foundation for a new monetary system, eerily similar to Satoshi Nakamoto’s 2008 Bitcoin (BTC) whitepaper’s peer-to-peer electronic […]