Why didn’t Milei dollarize or close the Central Bank?

In practice, coin competition is already happening, says Milei. In order to close the BCRA, it is first necessary to clean it up. Javier Milei, current president of Argentina, came to power making unusual promises. Among them was the establishment of a regime of free currency competition (popularly referred to as “dollarization”) and the closure … Read more

A fake “Elon Musk” asked for donations in bitcoin on Argentine television

In the video, the alleged Elon Musk asked the audience to send bitcoin to a QR. The event went viral on the social network X, where users made fun of what was happening. Around 6:30 p.m. (Argentine time) on Tuesday, November 19, the television channel TN, specialized in news, broadcast footage (supposedly live) in which … Read more

Bitcoin miners are finally breathing, their profits soar according to JPMorgan

During the first two weeks of November 2024, the profitability of Bitcoin (BTC) mining increased, supported by a 29% increase in hashpriceor hash price, according to JPMorgan. This metric, a key indicator of Bitcoin mining profitability, reflects the amount of revenue a miner can generate per unit of hashrate (computing power) in a day, and … Read more

The arrival of $100,000 seems imminent for bitcoin

Bitcoin has become widespread, but its essence remains intact. Satoshi Nakamoto created the “digital gold” of the 21st century. Bitcoin (BTC) is close to $94,000, getting closer than ever to the long-awaited $100,000 mark. What a few years ago seemed like an unattainable dream for many is now a goal that could be reached in … Read more

Bitcoin marks a new all-time high on a key day!

Bitcoin (BTC) surpassed the $93,500 mark and thus registered a new all-time high price (ATH). The following graph, provided by TradingViewshows the bitcoin price from the previous ATH, in the BTC-USDT pair with prices from the Binance exchange: Bitcoin price since November 13. Source: TradingView. This event occurs on a historic day for bitcoin: today … Read more

Bitcoin ETF options traders bet on explosive growth in one month

Options allow for more sophisticated investment strategies than just buying and selling an asset. For Balchunas, what he sees in the first hours of trading “is a ton for the first day.” Options on the iShares Bitcoin Trust ETF (IBIT), which is issued and managed by the BlackRock company, are having a successful debut on … Read more

Binance lists new memecoin pairs and adds trading bots

The new automatic trading tools will be available from November 20, 2024. Trading bots optimize cryptocurrency operations and reduce human intervention. Binance, the exchange largest cryptocurrency exchange in the world, announced that from November 20, 2024 it will incorporate new pairs of tokens commercials and the enablement of trading bot services on its Spot platform. … Read more

“Today everything changed for the bitcoin market”: Joe Consorti

Today “unprecedented opportunities were unlocked” for bitcoin, says the analyst. For Consorti, “derivatives are 10 to 20 times the size of the spot market.” Today, November 19, 2024, the first options on the IBIT bitcoin (BTC) ETF, issued by the BlackRock company, were launched on the US Nasdaq stock exchange. As CriptoNoticias reported this morning, … Read more

Tether supports the launch of new MiCA-compatible stablecoins

In order to cover the European Union market, Tether has made an investment in Quantoz Payments, a firm that is launching two new stablecoins in the region: EURQ backed in euros, and USDQ backed in dollars. These are two stable currencies that already comply with the regulations of the Regulation for the Cryptoactive Market (MiCA) … Read more