Even cannabis companies are announcing reserves in bitcoin

LEEF Brands, a Canadian-based cannabis company, announced the adoption of bitcoin (BTC) as a treasury reserve asset. This move makes it one of the first publicly traded companies in that field to take this step. As part of the strategy, the company arrive to an agreement with investment firm Canaccord Genuity to act as lead … Read more

An exchange devastates the European market with 50% dominance in 2024 (and it is not Binance)

Bitvavo is the exchange with the highest trading volume in euros in 2024. On November 12, Bitvavo reached a 24H transaction volume of €1 billion. With 2024 about to end, it is interesting to take a look at the cryptocurrency market and analyze its behavior, specifically in Spain and the rest of Europe. Kaiko, a … Read more

10 questions and answers about RLUSD, Ripple’s new cryptocurrency

If RLUSD is successful, it could benefit the price of XRP. This digital dollar will work on Ethereum and the XRP Ledger. The company Ripple, known for its cryptocurrency XRP and its focus on cross-border payment solutions, has taken a significant step in the world of cryptoassets, launching today, December 17, RLUSD, its own stablecoin. … Read more

Why do States want a treasure in bitcoin?

The biggest advantage of a BTC reserve lies in its scarcity: there will be no more than 21 million coins. Unlike gold, bitcoin does not require complex management or costly security measures. The bitcoin-based strategic reserve project, promoted by Senator Cynthia Lummis – known on Capitol Hill as “The Queen of Cryptocurrencies” – has captured … Read more

Crowded boat capsizes in Congo; At least 25 dead, dozens missing

Kinshasa, Democratic Republic of the Congo – At least 25 people, including children, were killed and dozens missing after a packed boat capsized in a river in central Congo on Tuesday, officials and local residents said. The ship was believed to be carrying more than 100 passengers after leaving the city of Inongo, northeast of … Read more

UN envoy warns Syria conflict not over yet

A UN envoy warned on Tuesday that Syria’s protracted conflict “has not ended yet”, even as the country’s victorious Islamist-led rebels stepped up contacts with governments that deemed ousted president Bashar al-Assad a pariah. The UN’s migration chief, Amy Pope, warned against a “large-scale return” of refugees to Syria, adding that “sending people back will … Read more