In our “Bitcoin” section, we cover the latest news, developments, and trends related to the world’s first cryptocurrency. Here you will find information about the Bitcoin network, mining, market movements, and the factors influencing the BTC price. Read the “Bitcoin” section on ForkNews to stay updated on everything happening in the Bitcoin ecosystem.
The Florida Tax Authority will partner with the BitPay payment system and allow citizens to pay for various services in cryptocurrency. Among other things, cryptocurrency will be used to pay property taxes and pay for the issuance of driver’s licenses, identification cards and car license plates, government spokesman Joel Greenberg said today.
Bitcoin fell 5.5% to $8,511, its lowest since April 20, according to CoinDesk's price index. The cryptocurrency was trading around $8,563 as of 9 a.m. ET.
The Singapore company Tangem has released "smart money". “Bitcoin bills,” or so-called “smart bills,” are similar in appearance to a credit card. This is the first incarnation of digital currency in physical form.
Washington Sanchez, co-founder of Openbazaar, tweeted his frustration with the high BTC fees. He expressed regret about his past BTC “maximalism” and assured of Openbazaar’s desire to pay more attention to altcoins.
US payment processing company Square recently reported low profits from BTC trading on Cash App last quarter, according to Fortune.
For the first time in a month, the price of Bitcoin surpassed the psychological level of $9,000, delighting supporters of the most important cryptocurrency.
Is the rising price of bitcoin a signal of a bull trap? That's the question seasoned crypto analysts have begun asking after Bitcoin rose to $8,500 this week, up more than 25 percent since early April. Therefore, many investors and traders are wondering if the market's decline is truly over, judging by this one-day gain.
In the April newsletter sent out recently, Pantera Capital Management noted the high probability that Bitcoin will rise and even overcome the December high of around $20,000.
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