Chile does nothing against the current regarding maintaining reserves in bitcoin

From Chile they maintain that the reserves must meet high security criteria. In this way, they differ from countries like Brazil and the United States. In contrast to the debates currently occupying congressmen in Brazil and the United States, in Chile the idea of ​​establishing a strategic bitcoin reserve has been categorically rejected. The Central … Read more

Institutional investment in Ethereum soared

Ether (ETH) remains firm above $3,500. On Friday, for the first time, ETH ETF inflows surpassed that of bitcoin. Investment funds based on ether (ETH), the cryptocurrency of the Ethereum network, have accumulated net inflows of $2.2 billion globally so far in 2024. In this way, they set a new record that exceeds the $2 … Read more

“This is a great entry point for bitcoin”: Multiplo Invest

Amid the uncertainty surrounding the digital asset market, Brazilian investment firm Multiplo Invest highlights that, despite the recent declines in the price of bitcoin, the outlook looks promising. Recently, bitcoin (BTC) experienced its biggest price drop since the presidential election in which Donald Trump emerged as the winner. The flagship digital currency was about to … Read more

BlackRock already has half a million bitcoin

On Monday, December 2, the bitcoin (BTC) exchange-traded fund (ETF) issued by BlackRock, known as IBIT, surpassed the half-million BTC mark in custody. This milestone makes it the largest and most valued bitcoin ETF on the US Stock Exchange. According to data from K33 Research, BlackRock’s IBIT already accumulates a total of 500,380 BTC. BlackRock … Read more

Altseason has arrived! What does that mean for bitcoin and cryptocurrencies?

Bitcoin dominance has fallen to 56%. In the last 90 days, Stellar, Hedera and XRP, among others, surpass bitcoin in profitability. A new dawn for alternative cryptocurrencies is underway. The long-awaited altseason has finally begun, marking a significant change in the market landscape. The term altseason refers to a period in which altcoins, that is, … Read more

As the US goes bitcoin, Europe retreats towards the digital euro

After sharing similar lines of action, the future of the financial system of the United States and Europe seems to be taking divergent paths starting in 2024. Well, while the North American country sets its eye on the development of the cryptocurrency industry, the The European Union is advancing in the development of a central … Read more

How much bitcoin could Microsoft buy with the money it has?

Microsoft is the third most valuable company in the world, behind Nvidia and Apple. According to its latest balance sheet, the company has USD 78 billion to make investments. The Board of Shareholders of Microsoft, an American software development company, will vote on a “bitcoin investment evaluation” on December 10. In it document filed with … Read more

When will bitcoin reach $100,000?

The price of bitcoin (BTC) has entered a new stage of lateralization, this time between 90,000 and just under 100,000 dollars. At the moment, the digital currency created by Satoshi Nakamoto cannot break the 6-figure barrier (which is nothing special at a fundamental level, but which, due to market psychology, has become an important decision-making … Read more

“Cardano will be one of the largest and most decentralized ecosystems in the world”

Hoskinson believes that “Cardano will be the backbone of decentralized applications.” What will happen to Ethereum? Hoskinson—who is co-creator of this network—gives his opinion on the matter. Charles Hoskinson, founder of Cardano, is in Buenos Aires, Argentina, this week for the Cardano Constitutional Convention. This historic event brings together around 1,200 participants to shape the … Read more

As XRP rises in price, what happens on its network?

The price of XRP, the native cryptocurrency of the 75 dollars. This increase positions XRP as the fourth cryptocurrency in biggest price increase in the last 90 days, behind Stellar (XLM), Hedera (HBAR) and Dogecoin (DOGE), according to data from Blockchain Center. Added to this, XRP is already the third largest cryptocurrency in terms of … Read more