Luxury brands and businesses like Printemps, S.T. Dupont, and Virgin Voyages are now accepting Bitcoin as payment, driven by its record value of over $108,000. This shift highlights growing interest in cryptocurrency for high-end purchases despite challenges like consumer education and regulatory barriers.
WeatherlyMicrosoft shareholders overwhelmingly rejected a proposal to add Bitcoin to the company's balance sheet, with only 0.55% in support. The board expressed concerns about Bitcoin's volatility, despite acknowledging its potential as an inflation hedge.
WeatherlyCircle and Binance have revealed their strategic partnership during Abu Dhabi Finance Week to promote USDC, a stablecoin jointly owned by Circle and Coinbase.
XingChiEl Salvador and Argentina have signed an agreement to collaborate on cryptocurrency regulation and innovation in Latin America. The deal aims to share expertise, boost crypto growth, and strengthen the regulatory framework for digital assets in both countries.
AnaisFormer Binance CEO Changpeng “CZ” Zhao Predicts China could beat the United States of America at building a Strategic Bitcoin Reserve.
XingChiBinance has not yet decided on its new global headquarters due to complexities like tax laws and talent acquisition challenges. Legal troubles, including Changpeng Zhao's legal issues and a $4.3 billion fine, have led Binance to restructure its leadership and adopt better governance strategies.
WeatherlyBilly Markus, the founder of Dogecoin, recently shared regret about selling 37.37 bitcoins in 2015 for $424,152.54 — a decision that would now be worth over $368 million. Despite stepping away from Dogecoin in 2015, Markus reflects on its impact as a cultural icon while highlighting its true value lies in its community and shared ideals, not just market performance.
WeatherlyBitcoin has reached a new all-time high, surpassing $100,000, while CZ remains unaffected by the surge, holding onto the same amount of Bitcoin. Binance Coin (BNB) also hit a record high, but CZ’s focus remains on Bitcoin’s long-term value rather than its fluctuating price.
WeatherlyMeitu sold its entire crypto portfolio, making nearly $80 million just before bitcoin’s surge above $100,000. The company plans to distribute 80% of the gains to shareholders and refocus on its AI-driven apps.
AnaisBitcoin surpassed $100,000 on 5 December, driven by growing optimism following Trump’s pro-crypto appointments, including Paul Atkins for SEC Chair. This milestone signals investor confidence in a crypto-friendly future under Trump’s upcoming administration, which takes office on 20 January 2025.
JoyGolden Finance launches "Golden Web3.0 Daily" to provide you with the latest and fastest game, DeFi, DAO, NFT and Metaverse industry news.
JinseFinanceEl Salvador legislates expedited citizenship for Bitcoin donors, further integrating cryptocurrency in governance.
KikyoEl Salvador, in collaboration with Tether, unveils a pioneering visa program, "Adopting El Salvador Freedom Visa," offering citizenship to Bitcoin investors. With a focus on economic development, this initiative aims to boost El Salvador's position as a leader in mainstream crypto adoption and a hub for technological innovation in Central America.
SanyaIndonesia extended a warm welcome to Sam Altman, the CEO of OpenAI, as he became the inaugural recipient of their newly introduced golden visa programme.
KikyoEl Salvador made history in 2021 when it tapped Bitcoin as a national currency.
BeincryptoThe Pros and Cons of El Salvador's Nearly One-Year Bitcoin Adoption Are Crucial for Bitcoin Adoption
FtftxEl Salvador's national bitcoin wallet continues to face major issues a week after its official launch.
CointelegraphOn Sept. 7, El Salvador became the first country to adopt BTC as legal tender, drawing both praise and criticism from the global community.
CointelegraphThis latest purchase brings El Salvador's Bitcoin reserves to about 1,120 BTC.
Cointelegraph"Policy unpredictability" and "adoption of bitcoin as legal tender" were part of the reason for Fitch's downgrade of El Salvador.
Cointelegraph