Tag: Bitcoin

Embracing the Bitcoin Lifestyle: A Dutch Bitcoiner’s Journey in El Salvador

Max Milan

In the world of cryptocurrency, the adoption of Bitcoin as a medium of exchange is steadily gaining momentum. One Bitcoin enthusiast, Arnold Hubach, recently shared his firsthand experience of living on a Bitcoin standard during a visit to El Salvador. Hubach’s journey sheds light on the practicality and challenges of using Bitcoin for everyday transactions, even in countries where it is not yet hyperbitcoinized. Tweet Highlights: Hubach’s adventure began at “Super Selectos,” a popular grocery store in El Salvador, where he successfully purchased groceries using Bitcoin. The key details of…

Bitcoin price update: BTCUSD surged to $38,000

Max Milan

Bitcoin (BTC) has experienced a period of relative stability in recent days, with its price primarily trading within a tight range around the $37,000 mark. While there have been some brief instances of price volatility, including small pumps and dumps, the overall trend has been one of calmness. It’s been a week since Bitcoin last touched the $34,500 support level, but the bulls were able to regain control of the market and push the price higher. On Thursday, Bitcoin surged to $38,000, representing a significant gain from its previous low.…

SEC launches 50+ enforcement actions on crypto firms

Max Milan

It seems that the SEC has been actively pursuing enforcement actions against cryptocurrency firms this year, with over 50 separate actions taken against various companies, including prominent exchanges like FTX, Binance, and Coinbase. This suggests that the SEC is taking a closer look at the cryptocurrency space and is working to ensure that these firms are complying with securities laws and regulations. It’s possible that some of these enforcement actions may be related to issues such as unregistered token sales, inadequate anti-money laundering measures, or other violations of securities laws.…