Bitcoin

A live recording of the ongoing protest against Canadian Corona protocols caught a Canadian trucker benefiting from a crypto fundraiser.  Donors are turning to non-custodian crypto exchanges to fund the ongoing trucker protests.   Amidst the recent events in Canada, a moment of joy prevailed when a Canadian trucker received $8000 in Bitcoin out of the +$900,000 raised for the Freedom Convoy 2022 campaign. A witness revealed how the incident unfolded play-by-play. According to Tim Pastoor, the trucker received an…

After reaching its donation goal of 21 BTC, Bitcoin for Truckers has announced plans on how and where it will allocate funds to support Canada’s “Freedom Convoy”. The fund has transformed into a far more critical lifeline for the movement than its initial plans. This could be a result of the increasingly draconian laws related to fundraising for the protest that it faces. How Will Truckers Redeem The Bitcoin? Nobody Caribou – a liaison between Bitcoiners and truckers in Ottawa…

Renowned Texas Rep. Ted Cruz is making waves after delivering a passionate defense of Bitcoin against its “authoritarian” critics. Calling out Elizabeth Warren and other “big government” Democrats, he said they only oppose the technology because they “can’t control it”. Bitcoin Beats Authoritarianism Ted Cruz aired his view on the matter during episode 109 of Verdict's political talk show on Saturday. In conversation with Michael Knowles, the two noted how Bitcoin was being used as a roundabout way of donating…

While institutions and countries alike learn to embrace Bitcoin, the ECB remains opposed to the asset as an investment option. An executive board member recently deemed Bitcoin “unsuitable” as a store of value, implying the bank would never buy it. Her remarks mirror Christine Lagarde, Jerome Powell, and other monetary authorities regarding Bitcoin. A Speculative Asset The board member – named Isabel Schnabel – made her remarks in a Q&A session on the ECB’s behalf this Wednesday. When asked when…

If Bitcoin became as big as gold, it would be worth $150,000, JP Morgan suggests. But not before its volatility becomes equal to that of gold. Analysts at the investment bank JP Morgan upped their theoretical value of Bitcoin based on comparison with gold. Namely, if Bitcoin's market cap reached that of all privately-held investment gold, BTC would be at $151,000. The estimate is up from the last month's $146,000. However, with Bitcoin's volatility taken into account, the numbers look…

Tallycoin – a crowdfunding platform built on top of Bitcoin – has amassed over $450k in BTC in support of “Bitcoin For Truckers”. The fundraiser supports the Canadian “Freedom Convoy” that's been protesting against covid restrictions on Parliament Hill for over a week.  The event highlights Bitcoin as a censorship-resistant alternative to GoFundMe, which is reversing $10M in user donations to the same movement.  Bitcoiners Unite With Truckers According to Tallycoin, Bitcoin for Truckers has just passed its fundraising goal…

The oldest and the most significant crypto, Bitcoin, rose for the fifth day in a row - the longest streak since September. The crypto markets are edging up as investors re-embrace risk assets. As a result, tech stocks are up, and so are the major cryptocurrencies. So much so that the total crypto market cap reclaimed $2 trillion in valuation. Bitcoin gained as much as 5.4% in valuation, reaching $43,600. Most other significant cryptos were up as well, as crypto…

Bitcoin price rises past $40,000 after weeks of downhill movement since the start of the year.  The crypto market responds well to fear of incompatible monetary policies. Ethereum, Solana, and other altcoins have likewise followed the uptrend, recording significant gains.  Bitcoin Breaks 40k for the First Time in Weeks Bitcoin has made a significant recovery to $40,000, going up at least 11% in the past 24 hours. Over the last six months, the asset experienced a massive price crash. For…

El Salvador legalized Bitcoin as legal tender in September. However, surveys show that the nation’s Bitcoin law didn’t sit well with the broader population. This was mainly due to misunderstandings and a lack of education on the asset. Paxful may be about to fix that. The peer-to-peer Bitcoin marketplace has just announced the launch of La Casa Del Bitcoin. The initiative is a Bitcoin educational and training center in the region. Getting Schooled On Bitcoin According to a press release, Paxful’s…