fbpx

Bitcoin And Shiba Inu Drop As India Plans To Ban Cryptocurrencies Including Fines For Holders And Potential Jail Time

Cryptocurrencies were facing a wide market retreat Wednesday as India moves forward with plans to introduce a digital currency regulated and attached to its central bank and subsequently make most other digital assets illegal. 

El Salvador’s President Nayib Bukele Announces Plans For A Bitcoin City Powered By Geothermal Energy

El Salvador President Nayib Bukele closed out a week-long promotion of Bitcoin by unveiling his plans to construct an oceanside “Bitcoin City”, funded initially by Bitcoin backed bonds, built by the Conchagua volcano to harness geothermal energy for both the city’s power grid and for Bitcoin mining. 

Crypto Mining Firm Bitdeer Technologies Agrees To Merger With Blank-Check Firm Blue Safari Group Acquisition Corp With Four Billion Dollar Valuation

In a press release issued Thursday, Bitdeer Technologies announced it has agreed to a future merger with blank-check firm Blue Safari Group Acquisition Corp to become a publicly traded company on the United States stock market.