Dubai School Announces Plan to Accept Tuition Fee in BTC and ETH
A local school in Dubai announced that it is considering collecting Bitcoin (BTC) and Ethereum (ETH) as payments for tuition Dubai seeks to increase crypto adoption through different means after becoming the headquarters of many digital asset startups in recent months. This time, a local school is claimed to be considering collecting digital asset payments […]
Bitcoin (BTC) reclaims $41,000, with Terra’s LUNA leading the altcoin rally
Today, the larger cryptocurrency market is up 5%. Bitcoin (BTC) has rebounded 7% to $41,500 levels, which is a surprising move. Following a period of high volatility in the market, the market has recently rebounded. The anticipated executive order from the Biden administration appears to be getting a thumbs up from the market. Given the current geopolitical circumstances resulting from the ongoing Russia-Ukraine military crisis, Bitcoin and the crypto market as a whole can play a significant role. Commodity prices have been rising recently, with gold taking center stage. Risk assets, such as Bitcoin and stock, have, on the other hand, experienced significant losses. However, according to Santiment, an on-chain data provider, crypto debates are picking more steam. DBS Holdings Group Ltd. Chief Executive Officer Piyush Gupta stated in his recent report on March 9 that private cryptocurrencies such as Bitcoin will continue to emerge as a substantial store of wealth. He continued, “ Regulators and politicians “will be loath to give up control of monetary policy and economic management tools, and will therefore be very circumspect about letting private money grow. Having said this, I do think that private money (crypto) will continue to grow as a meaningful store of value, […]
BTC mining difficulty drops for the first time since November
After attaining a 6-months all-time high difficulty about 2weeks ago, the Bitcoin (BTC) mining difficulty adjustment has lowered for the first time since November 2021, dropping about 1.5%. The change comes after a string of six positive difficulty adjustments in a row, during which the mining difficulty and hash rate both reached new highs. Over […]
EU Lawmakers Won’t Ban Crypto After All
According to a report published by German news outlet BTC-ECHO, the European Union (EU) has reversed its controversial plan to restrict the energy-intensive proof-of-work consensus process. The EU’s Amendment The latest version of the EU’s “Markets in Crypto-Assets” or MiCA legislation has been stripped of a clause that many believed would lead to a ban […]
Bitcoin Price Falls Below $40k
According to CoinMarketCap, the price of Bitcoin temporarily dipped below $40,000 in the last hour. Bitcoin’s price changes are part of a larger negative price run for the flagship cryptocurrency, which has now rebounded to slightly over $40,400. Bitcoin has lost more than 3% in the previous 24 hours and more than 7% in the […]