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Some countries declare Bitcoin to be official legal tender while others announce outright bans on cryptocurrency. The world map below, created by Statista's Katharina Buchholz - based on data collected by the Law Library of the U.S. Congress - shows where countries have been trying to stop the cryptocurrency hype and where crypto has been given more or less free reign.You will find more infographics at StatistaOne example of a country embracing cryptocurrency is El Salvador, where Bitcoin was declared an official currency in September of 2021 by populist president Nayib Bukele. The country also taxes and otherwise regulates cryptocurrency....

S&P Dow Jones Indices, one of the world’s largest index providers, launched a new series of digital asset benchmarks. Dubbed the S&P Digital Market Indices, the series includes the S&P Bitcoin Index, Ethereum Index, and Cryptocurrency MegaCap Index. Each of these indices will track the performance of Bitcoin and Ethereum, with the latter tracking a combination of both. The pricing data is sourced from crypto data provider Lukka. Despite choosing to only include the two largest cryptocurrencies by market capitalization, S&P stated that it will include other cryptocurrencies through large-cap and broad market indices. According to CoinMarketCap, Bitcoin and Ethereum...

Over the last week, the altcoin market has added over $500 billion taking the overall crypto market cap to above $2.5 trillion. Ethereum (ETH), Binance Coin (BNB) and Dogecoin (DOGE) have been the top performers in the crypto market while Bitcoin (BTC) has been consolidating for a long time time. As altcoins continue to extend their market dominance, Wall Street investors are worried over Bitcoin’s falling market dominance. From over 70% at the beginning of 2021, the BTC dominance has now dropped to under 44%. Strategists at JPMorgan Chase & Co and DataTrek Research LLC calling it a warning sign...

PayPal has started allowing U.S. users to spend their cryptocurrency holdings at millions of online merchants globally. The development means PayPal users who hold bitcoin (BTC), ether (ETH), bitcoin cash (BCH), and litecoin (LTC) in PayPal digital wallets can now convert their crypto holdings into fiat to make purchases. Reuters first reported the news. "This is the first time you can seamlessly use cryptocurrencies in the same way as a credit card or a debit card inside your PayPal wallet," PayPal CEO and president Dan Schulman told Reuters. "We think it is a transitional point where cryptocurrencies move from being...

Ethereum, the next largest cryptocurrency behind Bitcoin, has endured price stagnation for about a month. That period was marked with erratic and unpleasant price movements, which lead to the so-called triangular shape on Ethereum price daily charts. However, a sudden increase in buy order has allowed Ethereum Price to escape from that pattern. By this recent data, ETH Price is projected to increase by 37 percent. If this projection comes out true, ETH price will hit an all-time high of $2560.

Rich Dad Poor Dad author Robert Kiyosaki says he is racing to buy Bitcoin, Ethereum, and precious metals as the economy weakens. In a new Rich Dad Radio Show podcast episode, the best-selling author and entrepreneur says that while he does not wish to argue over which store of value asset is superior, he is currently scrambling to own as much BTC, ETH and gold as he can. “So I’m just grateful I have a lot of gold, silver, Bitcoin and Ethereum and I don’t get into the argument. Peter Schiff is always arguing about gold and silver and Max...

Bitcoin Depot Expects to Grow by 200% in 2021 According to the company, almost 115 BTC ATMs will be installed, doubling its current count in the last six months. Globally, the ATM network has surpassed 2,000 kiosks, boosted with launching the new ATMs in the United States. Per the distribution, 14 new kiosks will be deployed by the Atlanta-based company across Alabama, 13 in Minnesota, 12 will be installed in Florida, and the last 12 across California. Brandon Mintz, Bitcoin Depot President and CEO, commented on the expansion:

The FED Is Down…All Money Transfers Halted February 24, 2021 CLICK HERE TO READ THE FULL ARTICLE Welcome to Biden’s America where everything breaks, crashes and blows up! It appears that The Fed is “down” as all FRB Services are currently offline including ACH and FedWire… Translation: the official establishment-sanctioned method of transferring money in America is currently offline!

Deep-pocketed investors appear hungry for Coinbase equity ahead of the crypto exchange's long-awaited direct listing. As per data compiled by The Block, the average clearing price for shares on Nasdaq Private Market continues to tick higher since the first secondary sale four weeks ago. The most recent cleared price was $373 a share, which would imply a valuation of about $100 billion. That's an increase from the first average cleared price of $200 in January, according to data shared with The Block. Nasdaq enables secondary offerings for Coinbase stock, a process that allows ex-employees and investors of the crypto exchange...

For years folks have debated the value of bitcoin. Warren Buffett has declared it a gigantic hoax. Economists have struggled to see if it fits in the convention of money. Is it a store of value or a medium of exchange? One theory argues its value tracks the number of users, a social network effect. Promoters of course see it as the future, giving rise to its own word, hodl, which means to hold for the long-term.Recently, major banks have belatedly begun to suggest there is a long-term value to bitcoin, first and foremost based on its substitution over time...

U.S. President-elect Joe Biden said Americans need more economic relief from the coronavirus pandemic now and that he will deliver a plan costing “trillions” of dollars next week. He said the proposal includes relief for state and local governments grappling with the pandemic, as well as new support for people who lost their jobs or cannot afford rent. Biden also called for raising the minimum wage to $15, a campaign promise, and for sending out $2,000 in direct cash payments. “We need more direct relief flowing to families, small businesses, including finishing the job of getting people that $2,000 relief...

In relatively heavy trading on Saturday and today, Bitcoin prices soared higher. Friday closing price = 29,432 Saturday closing price = 32,615 Sunday current price = 33,411 Bitcoin reached a high of 34,800 today.

All the war talk is turning out to be great for bitcoin. It's been on fire since January, 2017 when it for the first time reached $1,000 U.S. Dollars. It's now worth 3 times the price of gold. I bet it will be up to $5,000 in early September and over $7,000 by the end of October. We will see how it plays out.

http://www.freerepublic.com/focus/f-bloggers/3530542/posts I wrote a blog post on the topic of BTC moving rapidly toward becoming the dominant "World Cirrency". The intentional misspelling of the word "CURRRENCY" was intended to draw attention to the fact that a decentralized transaction accounting system aka BLOCKCHAIN is really the most important part of the "value". Not the BTC or fractional BTC currently valued at about $1200 ea or ETH currently valued at about $20 each