Tag: Bitcoin

The city of Las Vegas has a public image for being a crazy place. The recent news will undoubtedly cheer crypto enthusiasts who are still reeling from the market’s fall. Crazy Horse 3, a well-known gentlemen’s club in the city, now accepts cryptocurrencies for lap dances and entertainer tips. Customers can now pay with bitcoin […]

A cafe in northeast Thailand has turned into a haven for cryptocurrency traders, with banks of screens showing the latest market movements and financial advice available alongside coffee and cake. Customers at HIP Coffee & Restaurant stare at their laptops behind a tranquil backdrop of cherry blossom trees, sipping nervously on iced coffee – part […]

Bitcoin may soon be accepted as a legal tender in one of the United States states, Arizona. A bill has been proposed by Wendy Rogers, an Arizona state senator, to make Bitcoin legal tender in the state. If approved, the law will stretch the scope of legal money in the state to include Bitcoin. Rogers has already […]

Another bullish Bitcoin price prediction is here. The founder of investment firm SkyBridge Capital, Anthony Scaramucci, believes that BTC will reach a price of $500,000 in the next four or five years. This, according to the financier, will be made possible by crypto’s global popularity in this timespan. He goes on to say that Bitcoin […]

This week has seen tons of regulatory actions in the crypto industry, along with a market bleeding and scary situation. We at TheCoinRise are here to summarise it for you. Bitcoin has been unstoppably bleeding for the past few months and has recently fallen to a six-month low mark. However, the Bitcoin network difficulty has gained a new all-time […]

The United States Securities and Exchange Commission (SEC) has rejected Fidelity’s Wise Origin Bitcoin Trust Spot Exchange Traded Fund application, reintroducing the stalemate that has bedeviled the anticipation for a spot BTC product to be floated in America. Fidelity Investments filed for the Wise Origin Bitcoin Spot ETF product far back in March 2021 with […]

Indonesia’s financial market regulator, the Otoritas Jasa Keuangan (OJK) has proscribed cryptocurrency trading activities for all banking of financial services providers operating in the country. According to the Google translation of the message posted on the agency’s official Instagram account, the OJK said finance-based outfits cannot use, market, or facilitate digital currency trading. In a […]

According to a new survey, male investors check the Bitcoin price more frequently than female investors. According to recent academic research, gender is linked to both psychological and demographic characteristics when it comes to crypto investment. The study reveals that 60% of the female population have very low or no awareness of crypto assets, a […]

Despite an ongoing bearish situation in the crypto market, the Bitcoin (BTC) network has reached a new all-time high mining difficulty of 26.643 trillion with an average hash rate of 190.71 exahash per second (EH/s), indicating strong support from the community. The difficulty of the Bitcoin network is defined by overall processing power, which is […]

El Salvador, the Central American country that has adopted Bitcoin (BTC) as legal tender, has added 410 BTC to its central bank as BTC values fall below $37,000, the lowest point since July 26, 2021. President Nayib Bukele on Twitter revealed the latest addition to El Salvador’s BTC reserve, confirming that 410 BTC were purchased for […]

Nasdaq-listed retail trading platform, Robinhood has unveiled the start of the Beta testing for its highly anticipated Crypto Wallets. Dubbed the WenWallets campaign, the multi-market brokerage platform said it has started rolling out crypto wallets to the first 1000 people on its wallets waitlist, to help test out the functionality of the new feature. Robinhood […]

Erik Thedéen, the vice-chair of the European Union Securities and Markets Authority (ESMA) has raised a concerning objection to the use of clean energy sources for Bitcoin or Proof-of-Work (PoW) mining amongst EU nations. Speaking in an interview with the Financial Times, Thedéen said Bitcoin mining and its energy utilization has become a matter of […]

This Friday, the Kingdom of Tonga was rocked by a huge volcanic eruption of the Hunga Tonga-Hunga-Ha’apai volcano. After the first eruption, the situation intensified, threatening the residents of Tongatapu, Tonga’s biggest island, with a tsunami. Despite the obstacles, crypto enthusiasts expressed their condolences and pledged to donate Bitcoin (BTC) to aid relief efforts. Bitcoin advocate and […]

Uruguay has installed its first Bitcoin (BTC) Automated Teller Machine (ATM), coming off as the 11th South American country to do so. As reported by Ámbito, the crypto ATM was located in the coastal city of Punta del Este, chosen for its strategic geographical location and which currently serves as a tourism base in the […]

The Brazilian city of Rio de Janeiro is on the verge of making history as the first city to invest 1% of its Treasury Reserves into Bitcoin (BTC). The plan was made known by the city’s mayor Eduardo Paes, at the Rio Innovation Week event where he spoke in a panel alongside Miami Mayor, Francis […]

The massive price slump in the digital currency ecosystem and particularly Bitcoin (BTC) has notably caused enormous pain for both retail and institutional investors. However, El Salvador, the only country in the world where Bitcoin is officially a legal tender, also has its wounds to lick based on its BTC holdings. Since the country legalized […]

Many predictions focused on the price of Bitcoin (BTC) in 2021 did not come to pass as the premier digital currency ended the year below its All-Time High (ATH) above $65,000 amidst a massive bearish correction toward year-end that pushed the coin below $42,000 earlier this week. Despite the likelihood of volatility changing predictions, Guido […]

Washington-based real estate developer, Harbor Custom Development Inc is set to start accepting digital currencies for its properties starting by the end of this month. As reported by Rismedia, amongst the listed cryptocurrencies to be accepted by the company include Bitcoin, Ethereum, USD Coin, XRP, Dogecoin, SHIBA INU, Binance USD, Wrapped Bitcoin, Litecoin, Dai, Bitcoin […]