Bitcoin News
UST Stablecoin Loses Peg, LUNA Drops 56% in a Day
Terra USD (UST), the world’s largest and most controversial algorithmic stablecoin, lost its peg to the US dollar this past weekend wh...
Bitcoin Falls Below $30K for the First Time Since July 2021
After declining more than 15 percent over the past week, the value of Bitcoin has slipped below US$30,000 for the first time since July 2021...
Gucci to Begin Accepting Bitcoin in Some Stores
Luxury high-end international fashion brand Gucci is set to accept various cryptocurrencies including Bitcoin, Ether, and even Dogecoin in s...
Australian ‘Legalise Cannabis Party’ Turns to BTC for Support
Historically, commercial and political organisations associated with cannabis have found themselves debanked or otherwise denied financial s...
Joe Rogan ‘One or Two Orange Pills Away’ From Becoming a Bitcoin Maxi
Joe Rogan, host of the world’s most popular podcast, is no stranger to alternative perspectives. Despite first hearing about Bitcoin i...
Goldman Sachs Makes its First Bitcoin-Backed Loan
Wall Street titan Goldman Sachs Group Inc (GS) has further legitimised Bitcoin as a global macro asset class by making its entrance into the...
Canadian Challenger Joins Australian ETF Race
A Canadian challenger could blow open the Australian crypto exchange-traded fund (ETF) race as it moves to seize an opportunity to make hist...
Panama Passes Crypto Bill Exempting Digital Assets From Capital Gains Tax
One by one, nation states are taking steps towards becoming attractive destinations for the burgeoning digital asset sector. The latest to d...
Central African Republic Becomes Second Country to Adopt BTC as Legal Tender
The rumours are indeed true – the Central African Republic (CAR) has become the second nation state to adopt bitcoin as legal tender, ...
World’s First Hybrid BTC and Gold ETF Launched
The world’s first combined Bitcoin and Gold exchange traded fund (ETF) has been launched this week in Switzerland. The product has been de...
Australians Made $2.1 Billion in Gains from Crypto in 2021
Australians realised US$2.1 billion in crypto gains in the 2021 calendar year, putting Australia in 17th place globally for annual realised ...
Morgan Stanley Says Bitcoin’s Lightning Network Better Than Debit Cards
In a report released this week, global investment bank giant Morgan Stanley argued that bitcoin had reached a point where it is “more ...