After more than three years of negotiations, the International Monetary Fund (IMF) and the government of El Salvador reached an agreement to grant the Central American country a loan for USD 1.4 billion, within the framework of the Extended IMF Facility (SAF). According to reports the IMF On its official site, the program aims to … Read more
Tether stablecoins EURT and USDT lose ground in the European Union. EURC, EURCV and EURI are the ones that now occupy the majority of the market. Six months have passed since the first phase of the Crypto Asset Market Regulation (MiCA) came into force in the European Union (EU). They are regulations focused on stablecoins … Read more
In bolivars, only the equivalent of 3.24 billion dollars circulates, estimates say. The dollars circulating in Venezuela are stagnant because dollarization is informal. In Venezuela, the circulation of US dollars in cash doubled that of bolivars, the local currency. According to the most recent study by the socioeconomic analysis firm Ecoanalítico, in November of this … Read more
In November 2024, this company managed to extract 367 BTC of which it did not sell any. Thanks to BTC, Cango obtained 10 times more revenue in November than in the entire third quarter. Cango, a Chinese platform that offers automotive transaction services and is listed on the New York Stock Exchange, has decided to … Read more
Gary A. Vecchiarelli, Chief Financial Officer (CFO) of the Bitcoin (BTC) mining company CleanSpark, explained on December 17 that the company prefers to allocate resources to increase its mining capacity, rather than to buy BTC above $100,000. According to the sayings According to executive Vecchiarelli, this company sees access to BTC as a more attractive … Read more
PENGU’s market capitalization exceeds $2 billion. In its first hour of launch, over $150 million was traded on PENGU. The Pudgy Penguins token (PENGU) had an outstanding performance at its market launch and its price rose more than 500% in less than a day. It is, at the time of this publication, the digital asset … Read more
Bitcoin (BTC), the first digital currency on the market, has managed to overtake gold in one of the largest ETF markets. The iShares Bitcoin Trust (IBIT) fund, managed by BlackRock, has surpassed the gold ETF of the same firm in assets under managementiShares Gold Trust (IAU). This milestone marks a significant change in investor perception … Read more
The interest rate in the US is 4.50-4.75 basis points. The price of bitcoin (BTC) remains above $100,000. Today, December 18, a day of high volatility is expected for bitcoin (BTC) and cryptocurrencies. This Wednesday the decision on the interest rate of the FOMC, the body in charge of defining the monetary policy of the … Read more
Worldcoin offers WLD tokens for iris scanning, with additional incentives for recruiters. Regarding iris scanning, there are doubts about whether users understand what they are giving up. The Worldcoin cryptocurrency project, now known as World, has surpassed the social network TikTok in the ranking of most downloaded applications in Colombia, reflecting the significant interest of … Read more
Next year, several cryptocurrencies could have their own spot ETFs in the United States, including XRP, the cryptocurrency issued by Ripple. Eric Balchunas, ETF specialist at Bloomberg Intelligence, affirms that expects a “wave of cryptocurrency ETFs” in 2025although he warns that “not all will be approved at the same time.” This scenario would occur after … Read more