Bank of Russia’s report shows Russians transact $5B in crypto every year
According to the Russian central bank, Russians are among the world’s most active participants in the cryptocurrency market, although the Bank of Russia is still sceptical about Bitcoin. On Nov. 25, the Bank of Russia released a new report on financial stability, highlighting the country’s expanding involvement in the $2.8 trillion markets. The Bank of […]
Stripe may consider crypto payment option after 3 Years
After dropping Bitcoin as a payment option over three years ago while citing price volatility as a reason, Stripe’s co-founder says the company might reconsider its stance on cryptocurrencies. In a recent interview, Stripe co-founder John Collison discussed the development that cryptocurrencies have made over the last three years, as well as how not every […]
Price of Bitcoin Surpasses $68,500, Reaching New Record High
The price of Bitcoin has surpassed the $68,500 level for the first time setting a new record Price of Bitcoin Reached New Record High At 3:58 a.m. UTC, Bitcoin, the oldest and largest cryptocurrency, reached a new all-time high of $68,564 on the Bitstamp exchange. After a 42.26 percent price increase in October, it is […]
Bitcoin Friday, November 6th: A growing number of mayors in the United States want to be paid in Bitcoin.
An increasing number of mayors around the United States have stated their desire to be compensated in bitcoin. The mayor of Miami has stated that he will receive his whole salary in bitcoin; two other mayors have stated that they will convert their salaries to bitcoin; and the mayor-elect of New York City has stated […]