El Salvador’s much-celebrated Bitcoin law making the cryptocurrency legal tender goes into effect on Sept. 7. The government has a Bitcoin wallet app, and the government is offering every adult in El Salvador #30 in BTC if they download the app. The move will add to Bitcoin’s global…
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99Crypto
Ethereum Prices Are Lagging Considerably Behind Bitcoin Despite Bullish Attempts
Seasoned cryptocurrency traders have been pondering what will happen once all Bitcoin tokens have been mined. We are still quite a few years away from that milestone, but the question at heart is whether Ethereum will rise to the occasion and become as valuable as Bitcoin. For the time being,…
Chinese Financial Regulators Continue to Come Down on Bitcoin Miners
Even though the Bitcoin blockchain is a decentralized network, the same cannot be said about the mining operations necessary to keep the distributed ledger going by means of clearing cryptographic transactions. Most mining operations are geographically located in China, but financial regulators in that Asian country are cracking down on…
Bitcoin's Value Has Shifted Dramatically
Even though Bitcoin is still the most valuable cryptocurrency token on the market, it has not been able to shake off a bearish trend that has brought it down from historically high pricing levels achieved a couple of months ago. Bullish investor have attempted to boost the price of Bitcoin…
Here's What is Happening to Binance in the United Kingdom
One of the world's most prominent platforms for cryptocurrency trading has received an order from British regulators to stop operations in the United Kingdom immediately; however, the company has clarified its corporate status for the purpose of letting clients know that they will not be affected by this…
Binance Leaving Ontario Due To The Insurmountable Regulatory Climate
Leading cryptocurrency exchange platform Binance will not longer operate in Ontario. Traders and investors have been notified about the insurmountable regulatory that have resulted in an order to cease operations, and they have until the end of the year to close their positions. Of all Canadian provinces, Ontario has proven…