Tongan Member of Parliament Wants to Make Bitcoin Legal Tender
Lord Fusitu – a Tongan barrister, landowner, and MP – is a fervent supporter of making Bitcoin a true currency inside the nation’s borders. He plans on tabling a bill…
Auto Added by WPeMatico
Lord Fusitu – a Tongan barrister, landowner, and MP – is a fervent supporter of making Bitcoin a true currency inside the nation’s borders. He plans on tabling a bill…
Markets are anything but calm on Tuesday as bulls grapple for control of significant price points.
BTC is up almost 50% this year overall, brushing aside corrections and increasingly decoupling from the macro environment in Q4.
“[Crypto] is a trend that has barely started — money is the easiest application and the Bitcoin use case started there,” said Bank of America.
Bitcoin mining profitability is up 275% since before the May 2020 halving.
Institutional crypto appetites have shifted away from altcoin back to Bitcoin, with BTC investment products leading the inflows for digital asset products for the second week in a row.
Bitcoin bulls have set their sights on $50,000 and this renewed push is also boosting large and small-cap altcoin prices.
The Bitcoin Long-Term Holder Supply Shock Ratio has gone into its highest territory in years, shows on-chain data. Historic comparisons reveal that this could mean that the price of the…