El Salvador's Congress on Wednesday swiftly approved a bill sent just minutes earlier by President Nayib Bukele to amend its bitcoin law to comply with a deal with a key international lender to make acceptance of the cryptocurrency voluntary.
Despite recent pro-crypto moves by the Trump administration, short-term enthusiasm for the digital asset remains uncertain.
Bitcoin and crypto traders are braced for the Federal Reserve's latest interest rate decision after U.S. president Donald Trump called for rates to come down
The Czech National Bank will consider holding billions of dollars worth of bitcoin in its reserves, Governor Ales Michl said on Wednesday, potentially the first shift into the cryptocurrency by a western central bank if it went ahead.
Czech National Bank (CNB) governor Aleš Michl admitted any investment in Bitcoin could turn into an Enron and become worthless.
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Bitcoin bulls pushed BTC price back toward its range high after FOMC minutes aligned with the markets’ expectations.
For much of the past 24 months, the target price for Bitcoin has been $1 million. This price target was first articulated by Cathie Wood of Ark Invest, and has almost become part of crypto lore by now: Bitcoin is going to $1 million by 2030, and there's nothing that anyone can do to stop it.
El Salvador has quickly passed a bill to amend its Bitcoin law, making it voluntary for businesses to accept the asset as payment, Reuters reported.