Earlier today, Indian Prime Minister Narendra Modi’s Twitter account “announced” that the country had adopted Bitcoin as legal tender. Now, while there was some surprise and joy in some quarters, as expected, it soon turned out that the PM’s account had in fact been hacked.
As non-fungibles took the market by storm a few months ago, masses of retail users and investors – as well as crypto projects – were joined by well-known artists, athletes, celebrities and billionaires, from Kings of Leon and Eminem, to Jack Dorsey, Paris Hilton and Lindsay Lohan.
Bank of Thailand’s officials say that using cryptocurrency as a means of payment is not illegal. However, they added that users “must be able to accept the risks,” including price fluctuation.
There’s never a dull day in crypto markets. Even when Bitcoin and Ethereum show little movement, there will be cryptocurrencies that see insane price gains every day. This article looks at the top 5 cryptocurrencies gaining the most price today on CoinMarketCap, ordered by 24-hour price gain, lowest to highest.
What makes a first rank crypto economy? A number of factors, for sure. These can range from the number of Bitcoin nodes and crypto ATMs in a country to regional regulations and the availability of wallets.
A recent report by The New York Times (NYT) explains why there is currently a “Bitcoin boom” in the Empire State.
The American politician and attorney serving as the 46th governor of Florida, Ron DeSantis, announced the state’s 2022-23 budget proposal last week and proposed an idea to let businesses pay state fees with crypto assets. The governor’s “Freedom First Budget” suggests creating a department in Florida to accept state fees in cryptocurrencies.