You can now walk into a McDonald’s or Starbucks in El Salvador and purchase your meal with Bitcoin. The reason for this is that Bitcoin is now legal tender in El Salvador and all businesses must accept it.
Cryptocurrency news from around the world and beyond. We cover what happening with cryptocurrency today. We cover things like countries embracing or rejecting cryptos, price milestones for Bitcoin and Alts, new projects, upcoming forks, etc.
Arbitrum, a long-awaited scaling solution for Etehreum contracts that allows for agreeing on virtual machine (VM) behavior off-chain, is now live.
The ETH 2.0 London upgrade was successful. Since going live on August 5th over 20,000 ETH has been burned.
Watch Elon, Jack, and Cathie talk Bitcoin. Each person talks about how they got into Bitcoin and crypto in general.
Ethereum’s London upgrade will go live on block 12,965,000, which is expected between August 3-5, 2021. This upgrade includes EIP-1559 and is an important part of Ethereum 2.0 (ETH2).
The new Bitcoin taproot upgrade will be implemented now that miners have signaled support.
El Salvador has officially adopted Bitcoin as legal tender. According to a new law, Bitcoin can be used to pay taxes and must be accepted by all merchants.
GBTC had been trading at a discount since February after its premium went into a downtrend in December. The discount has now relaxed to 3.86% from a low of 21% on May 13th.
BTC and ETH crashed over 50% from their highs. That doesn’t typically happen in bull markets, yet crashes like this are rarely proceeded by more immediate selling. What happened to cause the crash was a mix of things. The leveraged long trade was crowded, the fear/greed gauge was green, alt season was in full blast . . . read more
Ethereum founder and dog-themed meme-coin-killer Vitalik Buterin re-gifted $1.2 billion in $SHIB to the India Covid Relief Fund and gifted large amounts of other doge-themed tokens as well.