‘Financial nihilism’ will continue to drive memecoins, says analyst

For Marija Matic, “the market is still captivated by these tokens.” The wind in favor of memecoins will not last forever. Nihilism is a philosophical current that supports the denial of absolute principles and values, such as truth, morality or the very existence of inherent meaning in life. Nihilists believe that life has no purpose … Read more

Kaspa mining strategy still not giving good results for Marathon

In June 2024, Marathon announced that it was mining Kaspa. The price of kaspa (KAS) has been trending sideways since May. Marathon Digital Holdings (MARA), the largest Bitcoin mining company in the world, has not yet managed to see fruits in its foray into mining kaspa (KAS), a cryptocurrency that promised high profit margins, but … Read more

Ethereum staking profitability plummets

So far this month, the profit of validators is only USD 86 million. The profitability of validating on Ethereum reached $2.24 billion at cycle peaks. The profitability of staking Ethereum is not at historic lows, but close. Data on-chain shows that in June there was a turning point in the profits of validators, who had … Read more

Bitcoin and cryptocurrency use reaches all-time highs

In September, 220 million addresses interacted with a cryptocurrency network. The number of active addresses has tripled since September 2023. The number of cryptocurrency addresses that are active monthly has reached a new all-time high of 220 million. This figure triples the amount at the end of last year, indicating significant growth in activity in … Read more

How will USDT boost bitcoin price?

The growth of stablecoins means more liquidity to buy bitcoin and cryptocurrencies. “This will probably be one of the main drivers in a bull market,” says analyst. The market capitalization of USD Tether (USDT) and other stablecoins has been increasing steadily for just over a year. And not only that, but it is reaching outstanding … Read more

Worldcoin changes its name to “World” and launches a second generation of iris scanners

At an event held this Thursday in San Francisco, California, representatives of Worldcoin announced a significant change in the brand. Worldcoin will now be renamed “World”. The event was also the platform for the launch of “Orb 2.0”, a second generation of iris scanners which have been distributed in more than 160 countries. The new … Read more

New regulations for Argentine bitcoin and cryptocurrency exchanges

The National Securities Commission (CNV) of Argentina, an organization that regulates and supervises the local capital market and also has under its control the recently created registry of Virtual Asset Service Providers (PSAV), has published a proposed regulatory regulation for PSAVs. This is a “proposal” since It will be available for thirty business days so … Read more

FBI arrested hacker who announced fake bitcoin ETF launch

He is accused of conspiring to commit aggravated identity theft and access device fraud. That day, bitcoin skyrocketed and rose $1,000, but then corrected and lost $2,000. The FBI today announced the arrest of Eric Council Jr., 25, in Athens, Alabama, for his alleged role in hacking the U.S. Securities and Exchange Commission (SEC) account … Read more

Government of Honduras closes Próspera, the bitcoin citadel of Roatán

The conflict that has pitted Próspera against the Honduran government for several years has entered a new phase of conflict, due to the closure of the bitcoin citadel by local authorities. The gates of the Employment and Economic Development Zone (ZEDE) located on the island of Roatán They were closed since October 14 by the … Read more

MicroStrategy could be making “the infinite money mistake”

MicroStrategy (MSTR), the technology company led by Michael Saylor, has captured the attention of financial markets thanks to its bold investment strategy in bitcoin (BTC). Hailed by some as a masterstroke, its approach has been replicated by several companies. However, some analysts They consider that this strategy could be getting dangerously close to the brink … Read more