The Crypto News 📰

2021-12-25 17:05:13 ​​El Salvador President says Dollar is dead, Bitcoin is future

EI Salvador President Nayib Bukele has yet again made his love for Bitcoin public. In a tweet, Bukele boldly announced that the days of fiat money may soon be over and that Bitcoin is the "real revolution" the world is seeing at present. Bukele also mentioned that El Salvador is spearheading this Bitcoin era. Read More Open / Comment

2021-12-18 17:34:07 ​​Man who threw $380M of Bitcoin in the bin hires NASA experts to find it

A man who binned a hard drive containing Bitcoin now worth £340m has hired NASA data experts to find his fortune and is desperately trying to persuade Newport to let him search the landfill.

James Howells, an IT worker and early adopter of Bitcoin from Newport, claims he unintentionally dumped 7,500 units of the cryptocurrency in mid-2013. Read More Open / Comment

2021-12-17 18:00:55 ​​Bitcoin could become ‘worthless’, Bank of England warns

The Bank of England has said that bitcoin could be “worthless” and people investing in the digital currency should be prepared to lose everything.

In a warning over the potential risks for investors, the central bank questioned whether there was any inherent worth in the most prominent digital currency, which has soared in value this year to close to $50,000 (£37,786) a piece. Read More Open / Comment

2021-12-14 19:50:07 Elon Musk says Tesla will accept dogecoin for merchandise

Tesla Inc chief Elon Musk said on Tuesday the electric carmaker will accept dogecoin for merchandise on a test basis.

"Tesla will make some merch buyable with Doge & see how it goes," Musk said in a tweet. Open / Comment

2021-12-12 13:15:00 ​​​​Indian Prime Minister Narendra Modi to Take Final Decision on Cryptocurrency Regulation

A high-level meeting is reportedly being held on cryptocurrency regulation in India and Prime Minister Narendra Modi will take a final decision on how India will regulate the crypto sector. All options are being discussed including full and partial regulation as well as a complete ban and a partial ban. Read More Open / Comment

2021-12-10 06:54:51 ​​Bitpay Adds Shiba Inu Crypto as Petition to List SHIB on Robinhood Exceeds 545K Signers

Crypto payment firm Bitpay has added support for the meme cryptocurrency shiba inu. Following Bitpay’s announcement, retail giant Newegg announced that it too has begun accepting SHIB for payments. AMC Theatres is also expected to begin accepting SHIB soon. Meanwhile, a petition for the popular trading platform Robinhood to list shiba inu crypto has garnered more than 545K signatures. Read More Open / Comment

2021-12-08 08:35:54 ​​Billionaire Barry Sternlicht Discusses Bitcoin Price Rising to $1 Million — Calls BTC a 'Smart' Hedge

The chairman of Starwood Capital Group, billionaire Barry Sternlicht, has shared his view on how bitcoin could grow to be worth a million dollars a coin. He calls the cryptocurrency a “smart” hedge in a world where the government just keeps on printing money. Read More Open / Comment

2021-12-07 06:42:02 The Australian computer scientist who claims he invented Bitcoin was ordered to pay $100 million in damages over claims that he cheated the estate of a friend over intellectual property for the cryptocurrency. Continue Reading...

via t.me/TheCryptoNews24x7 Open / Comment

2021-12-06 18:01:11 ​​El Salvador's President Tells Peter Schiff Benefit of Switching Gold Reserves to Bitcoin


The president of El Salvador, Nayib Bukele, has revealed that his country holds 44,106 oz. of gold in its reserves that has lost some value over the past year. He told gold bug Peter Schiff that if El Salvador had sold its gold and bought bitcoin last year, it would now be worth $125 million more. Read More Open / Comment

2021-12-05 06:10:56 ​​Berkshire's Charlie Munger Praises China for Banning Crypto — Wishes Crypto Had Never Been Invented

Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett’s right-hand man, says China did the right thing to “ban” cryptocurrencies, including bitcoin. He wishes that cryptocurrencies had never been invented, emphasizing that he will not participate in the crypto boom. He considers “this era even crazier than the dot-com era.” Read More Open / Comment