Monthly Archives: June 2021

El Salvador’s President Nayib Bukele Plans to Declare Bitcoin Legal Tender Next Week

At the Bitcoin 2021 conference in Miami, El Salvador’s president, Nayib Bukele, appeared via a Zoom presentation and noted that he plans to submit a bill next week that recognizes bitcoin as legal tender. Bukele revealed a partnership with the company Strike, a bitcoin payments firm launched by Jack Mallers. Progressive President Nayib Bukele Says Bitcoin Will be Legal Tender in El Salvador El Salvador is looking to become the first country to adopt bitcoin (BTC) as legal tender, as the country’s president Nayib Bukele announced El […]

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El Salvador To Declare Bitcoin As Legal Tender

The government of El Salvador will declare bitcoin as legal tender, according to an announcement from its president. In a recorded announcement played today at the Bitcoin 2021 conference, the president of El Salvador, Nayib Bukele, announced that the country’s government would declare bitcoin as legal tender. “Next week I will send to congress a bill that will make bitcoin a legal tender,” he said. The presentation was hosted by Jack Mallers, founder of Lightning Network payments platform Strike, who has been working with Bukele to determine […]

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The NFT bubble may have popped, but the sector is still primed for expansion

NFT sales and active wallets fell by more than 40% in the past month but new layer-2 infrastructure is preparing the sector for the next surge. Nonfungible tokens (NFTs) took the world by storm in March and April of this year with an onslaught of daily headlines about record-breaking sales and big-name companies dropping their own one-of-a-kind digital art pieces dominating the mainstream media. Fast forward a few months and the narrative has shifted to the ‘NFT bubble’ popping and doom and gloomers warning that NFT investors […]

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Jack Dorsey’s Square Inc. to invest $5M in Blockstream Bitcoin mining facility

Blockstream is a leading blockchain development company founded by Adam Back in 2014. Square Inc., a crypto-friendly mobile payments company, is planning to invest $5 million in a solar-powered Bitcoin (BTC) mining facility for Blockstream Mining, offering further insight into Jack Dorsey’s continued support for blockchain infrastructure.  Chris Cook, Blockstream’s chief information officer, announced the collaborative partnership on Saturday, where he outlined plans to build the open-sourced mining facility at one of Blockstream’s United States operations. “Together, we plan to provide public transparency by sharing the project […]

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FTX Lands Naming Deal With Esports Giant TSM for $210 Million

On Friday, FTX Exchange announced signing a naming rights deal with U.S. professional esports organization TSM for $210 million. The cryptocurrency exchange’s multi-year partnership arrangement will allow the crypto firm to rename the company to “TSM FTX.” Esports Firm TSM Will Change the Organizations’ Name to ‘TSM FTX’ FTX Exchange has acquired another naming deal after the recent arrangement with the Miami Heat’s arena in Florida. According to the exchange, the company has entered a multi-year partnership with the esports organization TSM for $210 million. TSM is […]

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Bitcoin 2021: Here’s a live update of the biggest movers and shakers of Day 2

The largest-ever Bitcoin conference continued on Saturday. Here’s a rundown of what you may have missed. Some of crypto’s most influential people headlined the second day of Bitcoin 2021 Miami, offering words of wisdom about the future of decentralization, privacy and financial inclusion. Day 2 began with a panel discussion centered around Bitcoin’s macro landscape, where Morgan Creek Digital founder Mark Yusko drew attention to the destruction of the dollar caused by the Federal Reserve’s endless money printing. “Thirty-nine percent of all dollars were created in the […]

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Floyd Mayweather Gets Booed at Bitcoin Event for Saying ‘Another Crypto Will Be Just as Big as BTC’

The undefeated professional boxer Floyd ‘Money’ Mayweather recently spoke at the Bitcoin 2021 conference in Miami and was booed while speaking on stage. Mayweather’s speech wasn’t appreciated by members of the crowd because he didn’t discuss bitcoin much and toward the end, Mayweather said he believes another crypto will be “just as large as bitcoin someday.” Attendees at the Bitcoin 2021 Conference Disliked the Boxer’s Opinion Boxing legend Floyd Mayweather has been a fan of digital currencies for a long time now, as the boxer has participated […]

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Bitcoin 2021 Fireside: Michael Saylor And Max Keiser

The Bitcoin legend Max Keiser is joined by Michael Saylor, dubbed “Gigachad” by the pleb community, in this Bitcoin 2021 Fireside. This conference session took place on day one of the Bitcoin 2021 conference in Miami on June 4 and 5. Make sure that you set a reminder for the Bitcoin 2021 day two YouTube live stream now. Experience the #Bitcoin2021 party from anywhere in the world by joining our conversation on Telegram, and be sure to subscribe to our newsletter to stay on top of the […]

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Lightning Labs’ Elizabeth Stark And Researcher Lyn Alden Say Bitcoin Can Help Billions Of People

Elizabeth Stark and Lyn Alden spoke about bringing Bitcoin worldwide at the Bitcoin 2021 event. Lightning Labs CEO Elizabeth Stark and macro economics researcher Lyn Alden, founder of Lyn Alden Investment Strategy, took the stage at Bitcoin 2021 in Miami on Saturday to talk about how Bitcoin is useful for billions of people, not just billionaires. “People are able to use bitcoin to send value globally, instantly and for almost no fees,” Stark said. “With Lightning you can send a fraction of a cent.” Stark referenced Lightning […]

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Bitcoin 2021: Bringing Bitcoin Innovation Home To America

Allan Stevo, U.S. Senator Cynthia Lummis (R-WY) and Rep. Warren Davidson (R-OH) discussed their ideas for bringing innovation to America. This conference session took place on day one of the Bitcoin 2021 conference in Miami on June 4 and 5. Make sure that you set a reminder for the Bitcoin 2021 day two YouTube live stream now. Experience the #Bitcoin2021 party from anywhere in the world by joining our conversation on Telegram, and be sure to subscribe to our newsletter to stay on top of the latest […]

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