Thursday, March 28, 2024
Home > Bitcoins (Page 34)

Jack Dorsey Touts Bitcoin’s Virtues at MicroStrategy Conference

"We're the closest we've ever been to having a native currency for the internet with bitcoin," Dorsey said in a conversation with fellow bitcoin proponent MicroStrategy CEO Michael Saylor at MicroStrategy's Bitcoin for Corporations conference on Tuesday. Dorsey added that the world needs a universal currency where, for instance, decisions

Read More

Microstrategy Buys 660 More Bitcoins —Total Holdings Rise to 125,051 BTC – Featured Bitcoin News

Nasdaq-listed Microstrategy has bought 660 more bitcoins at an average price of $37,865 per coin, bringing the total crypto holdings of the company to 125,051 bitcoins. “Our strategy with bitcoin has been to buy and hold, so to the extent we have excess cash flows or we find other ways

Read More

IMF Urges El Salvador to Discontinue Bitcoin’s Legal Tender Status

The executive board of the International Monetary Fund recommended that El Salvador discontinue the use of bitcoin as legal tender in in the country due to the financial risks and liabilities created.The recommendation came in a report issued on Tuesday following bilateral discussions with El Salvador about its economy.IMF directors

Read More

Bitcoin’s Price Drop and the Network’s Higher Difficulty Squeezes BTC Mining Profits – Mining Bitcoin News

After Bitcoin’s mining difficulty jumped to the highest value ever at 26.64 trillion, the overall hashrate slumped a hair due to the rise in difficulty and lower bitcoin price. This weekend, Bitcoin’s hashrate is coasting along at 189 exahash per second (EH/s), after dropping to a low of 167 EH/s

Read More