fix the money, fix the world

5.26.2021

World War Bitcoin

Dow Jones Rallies As Bitcoin Jumps Above $40,000

The Dow Jones Industrial Average rallied 50 points after briefly reversing lower Wednesday, as Bitcoin briefly jumped back above $40,000. Pinduoduo turned lower despite strong earnings results, while Nvidia earnings are due late.

PayPal To Begin Allowing Bitcoin Withdrawals

In an announcement during Coindesk's Consensus Conference on Wednesday, PayPal's head of cryptocurrency, Jose Fernandez da Ponte, said that the company will soon be letting its users send Bitcoin and other cryptos out of PayPal.

Iran bans bitcoin mining

The Iranian capital of Tehran and several other large cities have faced daily power outages, and officials are blaming it in part on bitcoin mining.

What happened on the call between Elon Musk and bitcoin miners

Bitcoin miner Marathon Digital Holdings held a call Sunday with Elon Musk about the potential to make mining greener.

Bitcoin Miners are Escaping China

Over the past few weeks, Bitcoin markets have had to deal with a swarm of bad news coming out of China.

Cryptocurrency Will Be Allowed in Nigeria Read more

The governor of the Central Bank of Nigeria, Godwin Emefiele, has said it will allow Nigerians to trade in cryptocurrency almost four months after it informed banks to close cryptocurrency linked accounts.