Moody’s highlights that the new rating “reflects the moderate economic strength of El Salvador” The firm sees a structural improvement in the security situation and the government’s liquidity. On Tuesday, November 26, the credit rating agency Moody’s announced an improvement in El Salvador’s risk rating, raising it from Caa1 to B3. This new rating, which … Read more
The world’s most valuable stablecoin, USDT, issued by the company Tether, acts as a bridge between fiat money and cryptocurrencies. For this reason, there is a high correlation between USDT and the price of bitcoin (BTC), the main digital currency. Bitcoin investors typically trade through USDT, which means a rise in bitcoin price also boosts … Read more
MSTR’s good performance has been largely due to the price of bitcoin (BTC). Saylor’s strategy predicts that bitcoin will rise to millions in the next 20 years. MicroStrategy (MSTR) has become one of the most traded stocks on the market thanks to its bitcoin (BTC) investment strategy. However, behind the success of Michael Saylor, its … Read more
Yao Qian, recognized as the main driver of the digital yuan, was recently accused of using his regulatory influence to benefit technology companies in exchange for bribes. As a result, Qian, who was also the head of the technological supervision area of the China Securities Regulatory Commission, was expelled from the Communist Party and public … Read more
In a world where financial giants compete for control of the market, a small Buddhist kingdom hidden among the Himalayan mountains surprises with a bold and sustainable strategy: Bhutan has not only bought bitcoin (BTC), but has efficiently mined it , accumulating a treasure that redefines what it means to invest in the digital age. … Read more
Saylor has been the main promoter of the institutionalization of Bitcoin. Before Bitcoin, MicroStrategy was not a good investment. Bitcoin would have reached $100,000 on its own merits if Michael Saylor didn’t exist. It was a matter of time; I didn’t need Saylor. But the institutional drift that Bitcoin has taken in recent years has … Read more
The new law will allow Bitcoin mining by taking advantage of Salvadoran natural resources. With more than 200 volcanoes, the country will seek to promote its sustainable energy, as is happening today in Kenya. Nayib Bukele’s government is determined to continue exploring economic opportunities around bitcoin (BTC), including digital mining and, therefore, energy. In that … Read more
Escalar la propiedad UTXO sin confianza es clave para el futuro de Bitcoin, según O’Beirne. Para otros, la centralización de la minería y la custodia institucional son problemas más urgentes. Los desarrolladores del protocolo de bitcoin tienen sus prioridades extraviadas. Al menos, eso es lo que opina James O’Beirne, un ingeniero de software que ha … Read more
The reserve would be called RESBit and the objective is to “diversify the Treasury’s financial assets. The project provides for the planned acquisition of BTC with up to 5% of international reserves. Brazilian deputy Eros Biondini presented a bill for the creation of a sovereign strategic reserve of bitcoin (BTC) by the federal government, called … Read more
The former CEO of Binance called for a shift towards truly meaningful innovation. Despite his proposal, Zhao claims to not be against memecoins. Changpeng Zhao (CZ), former CEO of Binance, recently shared his opinion on X about the rise of memecoins. According to Zhao, these cryptocurrencies “have become a little strange” and suggested that developers … Read more