Athena Bitcoin CEO on Bitcoin Adoption and ATM Installations in El Salvador
El Salvador now has the world's third-largest bitcoin ATM network. This comes as Athena Bitcoin has installed around 200 bitcoin ATMs in the country as part of a plan to install 1,500 machines in total. Athena Bitcoin CEO Eric Gravengaard shares insights into the scope of his firm's involvement in scaling bitcoin ATMs in El Salvador. Plus, an update on the country's bitcoin rollout and the remaining challenges ahead.
Bitrefill Enables Salvadorans to Pay Many of Their Bills With Bitcoin
Salvadorans will be able to pay for 150 different services with bitcoin via on-chain or Lightning Network transactions.
After Taproot, What’s Next for Bitcoin’s Future?
Now that Bitcoin has Taproot, here are some other interesting soft fork changes developers have been eyeing.
Avalanche’s AVAX Token Surges to All-Time High After Deloitte Deal, Defying Crypto Trend
The token is up 85% in the past 30 days, pushing its market capitalization to $23 billion.
Bitcoin Still Unsuited for Mainstream Payments, Says Deutsche Bank
Legacy payment networks still win for mainstream payment uses, the investment bank wrote this week.
Bit Digital Migrates All Its Bitcoin Mining Out of China Amid Ban
The New York-based miner expects to increase its mining power to 2.6 EH/s by mid-2022.
Bitcoin Crowd Appears High on ‘Hopium’ as ‘Buy The Dip’ Trends
Pullbacks typically end with crowd chatter leaning bearish.
One-Fourth of Fund Managers Expect Bitcoin Price Over $75K in 12 Months: BofA Survey
Long bitcoin trades more crowded than long ESG, the survey said.
Market Wrap: Cryptocurrency Sell-Off Stabilizes Amid US Tax Concerns
Bitcoin’s price declined about 5%, but later stabilized around $60K.
Bitcoin Below $60K in a ‘Funding Reset’ Move, Tests Key Support
Bitcoin fell below $60,000 during mid-European hours early Tuesday, extending early weakness and testing the 50-day moving average (MA) for the first time since Oct. 1. Analysts said a pullback was expected and has normalized the elevated funding rates, or costs associated with holding long positions, in the perpetual futures market. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.