Business

The government of El Salvador, in partnership with stablecoin company Tether, recently launched a new initiative called “Adopting El Salvador Freedom”. This program offers foreigners the opportunity to obtain a Salvadoran passport in exchange for a $1 million payment in Bitcoin. This initiative comes after President Nayib Bukele’s controversial decision in 2021 to make Bitcoin legal tender in…

Chinese Leaders Commit to Boosting Economy at Annual Planning Meeting The Chinese government has announced plans to increase spending in an effort to stimulate the country’s economy, according to state media reports. The annual planning meeting, chaired by leader Xi Jinping, focused on measures to boost growth, defuse risks, and ensure stability. Recent estimates suggest…

SeaWorld San Diego to Bring Back Christmas Wish Fireworks Show After a pause in 2020 due to the pandemic, SeaWorld San Diego will once again be lighting up the sky with its Christmas Wish Fireworks Show. This annual tradition, which has been a staple at the park during the holiday season for several years, will…

Bitcoin (BTC) options open interest has hit a record high, reaching $20.5 billion on Dec. 7, indicating growing involvement of institutional investors in the cryptocurrency space. Unlike futures contracts, BTC options come with predetermined expiration prices, providing insights into traders’ expectations and market sentiment. Deribit, a leading player in the Bitcoin options market, currently holds…

A well-known crypto analyst and Bitcoin advocate, Mark Harvey, has shared his perspective on the potential future value of Bitcoin, the leading cryptocurrency. According to Harvey, he believes that Bitcoin has yet to reach its true potential and could be valued at a staggering $17 million in the future. In a post on his social…