A token based on US Treasury Bills arrives in El Salvador.

With the aim of offering investors exposure to US Treasury bills, Bitfinex Securities, an exchange linked to Tether, launched a tokenized public offering in El Salvador on November 19. The idea is that digital asset issuer NexBridge Digital Financial Solutions, based in the Central American country, will issue a new token that will be traded … Read more

BlackRock highlights 5 demand drivers for bitcoin

BlackRock does not rule out that there may be high volatility in the short term. In the medium and long term, the investment company maintains high expectations for bitcoin. The world’s largest investment fund manager, BlackRock, continues to be optimistic about bitcoin (BTC). In a report Posted today, November 19, the company that manages the … Read more

What do specialists think about the rise of XRP, Ripple’s cryptocurrency?

XRP reached a price not seen since November 2021. The price is 70% below its all-time high of $3.84. XRP, the cryptocurrency issued by Ripple Labs, returned to trading above $1 after 3 years. The recent rise renewed the enthusiasm of its community, which is now debating how much more its price could increase. Thanks … Read more

“Bitcoin is the worst form of money… except for all the others”

“Bitcoin is the worst form of money, except for all the others.” Alex, a researcher who presents himself under that name, reached that conclusion after years of studying the philosophical and political implications of the digital currency created by Satoshi Nakamoto. The thesis was presented during the Adopting Bitcoin 2024 conference, which took place on … Read more

Putin’s government will force bitcoin miners to pay taxes

The Russian government approved a set of amendments to a bill that proposes applying taxes to income and expenses from bitcoin (BTC) transactions and mining, in some cases recognizing them as commodities. According to the information spread by the Ministry of Finance, the government of Vladimir Putin agreed to make a series of changes to … Read more

Why didn’t Milei dollarize or close the Central Bank?

In practice, coin competition is already happening, says Milei. In order to close the BCRA, it is first necessary to clean it up. Javier Milei, current president of Argentina, came to power making unusual promises. Among them was the establishment of a regime of free currency competition (popularly referred to as “dollarization”) and the closure … Read more

A fake “Elon Musk” asked for donations in bitcoin on Argentine television

In the video, the alleged Elon Musk asked the audience to send bitcoin to a QR. The event went viral on the social network X, where users made fun of what was happening. Around 6:30 p.m. (Argentine time) on Tuesday, November 19, the television channel TN, specialized in news, broadcast footage (supposedly live) in which … Read more

Bitcoin miners are finally breathing, their profits soar according to JPMorgan

During the first two weeks of November 2024, the profitability of Bitcoin (BTC) mining increased, supported by a 29% increase in hashpriceor hash price, according to JPMorgan. This metric, a key indicator of Bitcoin mining profitability, reflects the amount of revenue a miner can generate per unit of hashrate (computing power) in a day, and … Read more

The arrival of $100,000 seems imminent for bitcoin

Bitcoin has become widespread, but its essence remains intact. Satoshi Nakamoto created the “digital gold” of the 21st century. Bitcoin (BTC) is close to $94,000, getting closer than ever to the long-awaited $100,000 mark. What a few years ago seemed like an unattainable dream for many is now a goal that could be reached in … Read more