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 State Bank of Vietnam (SBV) finalized the legal framework for cryptocurrencies in the country following the orders of Vietnamese Prime Minister Nguyen Xuan Phuc earlier this year.
Two of the largest US exchanges have announced their intentions to trade Bitcoin, drawing regulators into a new ecosystem that many skeptics call a “hoax and a scam.”
This Thursday, the largest online gaming platform, Steam, announced that it will not accept cryptocurrencies as payment for its services. Steam first began accepting payments in Bitcoin in mid-2016, after several years of discussions about the possibility of introducing such a service. The reason for the abandonment of cryptocurrency was not only the volatility of Bitcoin, but also high commissions in the system, which increased almost 10 times compared to last year.
Bitfury Vice President George Kikvadze is confident that it is time for Tesla to start accepting Bitcoin as payment for cars. Using Twitter, he reached out to Elon Musk.
Odessa shipping company Varamar is negotiating the first Bitcoin payment with a client, says the founder of the company, Alexandra Varvarenko. Bitcoin will make it easier to work with clients in countries affected by sanctions and will reduce the bureaucracy associated with traditional bank payments, the entrepreneur explained.
Over the past few years, along with the rise in the price of Bitcoin, the demand for Bitcoin has increased - casinos, which are now very popular among gamblers. It all started with the advantages that Bitcoin casinos provide, namely, the most important thing is low commission and anonymity, the most important advantage of these casinos. What cannot be said about regular or “fiat” casinos, as they are called, there are very large commissions for depositing/withdrawing funds and there is no anonymity.
Just over 1,000 people own about 40% of all Bitcoins mined. This opinion was expressed by the head of the financial markets research department at AQR Capital Management, Aaron Brown.
About a third of the customers queuing at La Maison du Bitcoin in Paris are investing in Bitcoin so they can send it to their relatives in Africa.
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