Key facts: The Agora project is promoted by the central banks of 7 countries, including Mexico. Addressing cross-border issues is the main objective of the project. 40 of the world’s largest and most important financial institutions have agreed to join the Bank for International Settlements (BIS) in launching a new payments system based on blockchain … Read more
Key facts: The miners obtained the BTC in January 2009, when Satoshi Nakamoto was active. The 50 BTC from back then is now worth over $3 million. In a move that has captured the attention of the Bitcoin community, two wallets, dormant for 15.7 and 15.6 years respectively, have recently shown activity. These wallets belonged … Read more
Key facts: So far this month, its price has risen by more than 7%. The interest rate cut announced by the Fed boosted its price. September is usually a difficult month for financial markets due to seasonal reasons. In the northern hemisphere, summer is ending and the pace of economic activity slows down due to … Read more
Dogecoin (DOGE) mining is currently more profitable than Bitcoin (BTC). Some factors in this superiority are the initial investment, energy costs, the algorithm of each crypto asset and the time each network takes to successfully process the next block. Examining the best dogecoin mining rigs On the Whattomine site, it is observed that the most … Read more
The US Federal Reserve (Fed) cut interest rates by 0.5 points to 5%. This is the first rate cut in 4 years, causing the price of bitcoin (BTC) and other cryptocurrencies to react with high volatility to the Federal Open Market Committee (FOMC) decision. However, the United States is not the only country making adjustments … Read more
Two of Germany’s largest banks, DZ Bank and Commerzbank, recently announced the addition of bitcoin (BTC) and cryptocurrency-related services, marking a significant milestone in the adoption of digital assets by the traditional financial sector in the European country. DZ Bank, Germany’s second-largest bank based in Frankfurt and with USD 627 billion in assets under management, … Read more
The southern US state of Louisiana has taken a significant step toward adopting emerging financial technologies by accepting bitcoin (BTC) and USD Coin (USDC) payments for state services. State Treasurer John Fleming announced a plan to integrate digital currencies into public operations, allowing residents to pay for services from their digital wallets. This move materialized … Read more
As bitcoin (BTC) rebounds to $63,000 (USD) following the US interest rate cut, a new scenario is emerging for the market. According to the analysis firm Nodecharts, bitcoin is now “in its decisive phase.” This is stated in a report market, according to its historical behavior and the implication of the rate cut. The Federal … Read more
The recent 0.50% interest rate cut by the US Federal Reserve (Fed) has had a direct impact on the price of bitcoin, marking a 6% increase, its highest level since late August. This move by the Fed breaks with the aggressive monetary policy that has been in place since March 2020The agency’s decision, which was … Read more
Since 2009, Bitcoin (BTC) has captured the attention of investors for its characteristics that make it a safe haven asset. These include its inherent scarcity and its ability to operate outside of traditional financial systems. However, Bitcoin is still in its early stages of adoption as a global means of payment or store of value. … Read more