KAS would be undervalued by at least 40% of its fair price. Against bitcoin (BTC), KAS has been in a bearish trend for more than a year. Kaspa (KAS) has been one of the featured cryptocurrencies since mid-2023 and much of 2024. Many miners have turned to this network—including corporate giant Marathon Digital Holdings—which has … Read more
«Accepting bitcoin was not mandatory for businesses in El Salvador. That is why many businesses still do not accept bitcoin,” recalls a Reddit user speaking about the possibility of changes being made to the regulation on the use of bitcoin (BTC). The comment, published on the social network this December 9, is part of a … Read more
According to Dudley, financing this project would increase the national debt or exacerbate inflation. Instead of a BTC reserve, he urged politicians to focus on regulatory frameworks. Bill Dudley, former chairman of the FED between 2009 and 2018, recently expressed concern about the proposal to create a strategic reserve of bitcoin (BTC). This was stated … Read more
Russian State Duma deputy Anton Tkachev sent a letter to the country’s Finance Minister Anton Siluanov requesting the creation of a strategic bitcoin reserve. Tkachev proposes that this reserve be established “by analogy with state reserves in traditional currencies.” “I ask you, dear Anton Germanovich, to evaluate the feasibility of creating a strategic bitcoin reserve … Read more
The Shibarium network, an Ethereum (ETH) second layer (L2) solution created by the same developers of the token Shiba Inu (SHIB), reached the 2 million total address mark for the first time in its history on December 6, 2024. Three days later, that number rose by an additional 5,000 new addresses. This record includes all … Read more
The market for the cryptocurrency created by Binance, BNB, is showing optimism for the continuity of its price. Last week, The cryptocurrency reached a new all-time high price of $794 (USD). And, since then, it has remained trading in a higher range than it had until now, mainly above USD 700. In this way, it … Read more
Forcing someone to accept bitcoin is a fiat action. Literally fiat. Fíat in Latin means “let it be done”, it implies a decree. When El Salvador passed its Bitcoin Law and made it mandatory for businesses to accept BTC, it promoted Bitcoin from a fiat approach, not a bitcoiner. Therefore, not only is it not … Read more
Bitmain, the Chinese company that manufactures ASIC devices for mining Bitcoin, announced this Monday the launch of its new production line in the United States. This strategic move aims to offer “faster response times and more efficient services to North American customers,” according to the entity. The company plans provide a significant boost to mining … Read more
Leading cryptocurrency exchange CryptoMKT concludes a year of progress, highlighting the positive impact of regulation and institutional adoption on the crypto market. The CEO, María Fernanda Juppet, highlights the importance of financial education and technological innovation to strengthen the ecosystem in the region, anticipating a 2025 marked by expansion and user trust. CryptoMKT ends 2024 … Read more
Government analysts say Bitcoin’s success is driving institutional FOMO. They qualify the digital currency as an asset with high return potential. In its report for the fourth quarter of fiscal year 2024, the United States Department of the Treasury highlighted the rapid growth of bitcoin (BTC) and its increasing relevance in the decentralized finance (DeFi) … Read more