BlockFi Confirms Unauthorized Access to Customer Data
BlockFi Confirms Unauthorized Access to Customer Data
Bridgewater Plans to Invest in Crypto Fund

Honduras May Officially Recognize Bitcoin as Legal Tender

Join the Trading Community: Learn & Earn with BingX.

Today’s Cryptocurrency Headline

Honduras may be the next country after El Salvador to officially recognize Bitcoin as legal tender. El Salvador should not be the only country “escaping dollar hegemony,” the country’s president, Xiomara Castro, reportedly said. Castro also emphasized that it was the right of Honduras “to move towards the First World,” the sources said, although the information was still unconfirmed at the time of publication. According to reports, the Honduran president’s statement will be announced on March 21, local time.

BingX’s Bitcoin Chart

Source: TradingView& BingX

Goldman Sachs became the first U.S. bank to complete an over-the-counter cryptocurrency trade with Galaxy Digital, which could encourage other major banks to consider offering OTC transactions for cryptocurrencies. BTC has been almost flat over the last 24 hours. As the price is still moving in between the 20-day moving average (MA) at $40,107 and the 100-day MA at $42,228, if BTC is unable to break $43,000 in the next few days, the market will not be optimistic which could be a sign that it is turning cold.


Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.