Eduardo Paes, mayor of Rio de Janeiro, revealed that he plans to allocate 1% of Brazil's second-most populous city's treasury reserves to cryptocurrencies. … [Read more...] about Rio de Janeiro’s mayor plans to allocate 1% of the city’s reserves in crypto
90% of total Bitcoin supply has been mined
Over 90% of the total amount of bitcoins that will ever exist has already been mined, according to data from the Clark Moody Bitcoin Dashboard. It is 18.9 million BTC. … [Read more...] about 90% of total Bitcoin supply has been mined
Bitcoin network surpasses PayPal in volume processed
According to Blockdata, the world’s oldest decentralized cryptocurrency network, Bitcoin, has surpassed PayPal in terms of volume processed. … [Read more...] about Bitcoin network surpasses PayPal in volume processed
Miami residents to receive ‘Bitcoin yield’ from MiamiCoin
In an interview with cryptocurrency news site Coindesk, Miami Mayor Francis Suarez said that the City of Miami will soon give out a 'Bitcoin yield' from the staking of its cryptocurrency to its citizens. … [Read more...] about Miami residents to receive ‘Bitcoin yield’ from MiamiCoin
Walmart begins hosting bitcoin ATMs in some of its U.S. stores
Retail giant Walmart said that customers at some of its U.S. stores will be able to purchase bitcoin using ATM-like machines installed by Coinstar. … [Read more...] about Walmart begins hosting bitcoin ATMs in some of its U.S. stores
The first U.S. bitcoin ETF begins trading
The first U.S. bitcoin futures-based exchange-traded fund (ETF) began trading on Tuesday, sending bitcoin to a six-month high and just off its all-time peak, as traders bet the ETF could boost investment flows into cryptocurrencies. … [Read more...] about The first U.S. bitcoin ETF begins trading
El Salvador approves $150 million trust fund to support bitcoin adoption, buys 400 BTC
El Salvador president Nayib Bukele announced Monday that his government has purchased 400 BTC, which are worth nearly $21 million at current trading levels, ahead of the rollout of a new law set to make the cryptocurrency legal tender. … [Read more...] about El Salvador approves $150 million trust fund to support bitcoin adoption, buys 400 BTC
AMC to accept bitcoin for movie tickets by the end of 2021
AMC Entertainment Holdings, which runs the largest movie theater chain in the US, will begin accepting bitcoin payments for tickets and concessions by the end of the year, the company’s CEO, Adam Aron, said on a second-quarter earnings call Monday. … [Read more...] about AMC to accept bitcoin for movie tickets by the end of 2021