El Salvador’s Law Making Bitcoin Legal Tender to Take Effect in September, Paraguay to Follow

El Salvador’s President Nayib Bukele said in a national address that a recently passed law making bitcoin legal tender would take effect on September 7, noting that its use will be optional. The countries’ Congress has already approved the proposal to embrace the cryptocurrency with a supermajority, making El Salvador the first country in the […] The post El Salvador’s Law Making Bitcoin Legal Tender to Take Effect in September, Paraguay to Follow first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-25 15:56

NYDIG, FS Investments Collaborate With Morgan Stanley To Create New Bitcoin Investment Fund

Financial services firm New York Digital Investment Group (NYDIG) and asset manager FS Investments would establish a Bitcoin investment fund aimed at US megabank Morgan Stanley clients. NYDIG, FS Investments File Paperwork With SEC NYDIG and FS Investments have already filed the necessary paperwork with the US Securities and Exchange Commission (SEC) for an investment […] The post NYDIG, FS Investments Collaborate With Morgan Stanley To Create New Bitcoin Investment Fund first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-16 19:03

Sovryn Team Puts SOV on Uniswap, Project Crosses $50Mln Mark in TVL

Sovryn, a project aiming to bring decentralized finance (DeFi) to Bitcoin, has surpassed $50 million in total value locked (TVL). According to data tracking site DeFi Llama, the non-custodial, smart contract-based system for bitcoin lending, borrowing, and margin trading has seen an uptick in its TVL from just under $45 mln at the end of […] The post Sovryn Team Puts SOV on Uniswap, Project Crosses Mln Mark in TVL first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-11 20:49

Crypto Market Hedging; Momentum ‘Continuing’ as Digital Currencies Seen as the ‘Future’ of Financial Systems

Everyone wants digital currencies as countries look to eliminate the dollar, but retail demand for long positions declines, with institutions on the sideline after the recent deep rut. The post Crypto Market Hedging; Momentum ‘Continuing’ as Digital Currencies Seen as the ‘Future’ of Financial Systems first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-4 16:47