Bitcoin is not as viable for Venezuela’s reserves, economists say

María Corina Machado’s proposal to integrate bitcoin (BTC) as a national strategic reserve asset in Venezuela has been one of the most relevant news within the ecosystem. This is not only because it is the first time that the opposition leader has spoken about digital currency, but also because it is a proposal that is … Read more

Bitcoin price shows clear signs of bullish rebound

Key facts: Bitcoin is marking increasingly higher lows, showing an upward trend. There are expectations of new historical highs by the end of the year. After months of turbulence in the financial markets, bitcoin (BTC) is showing clear signs that can be interpreted as a bullish recovery. The price of the digital asset, which had … Read more

“Economic collapse is closer than you think”: Spanish analysts

Key facts: Lacalle invites us to understand how the increase in the deficit impoverishes citizens. Europeans face an uncertain and expensive future, says Marc Vidal. “It is essential to prepare for the monetary destruction that is coming, which is much greater than what we have experienced in previous years,” warns economist Daniel Lacalle. The Spanish … Read more

Several indicators point to the rise of bitcoin, discover them in the news summary

Key facts: “Bitcoin is going to $180,000, it’s inevitable,” says David Battaglia. Bitcoin ETFs are driving the price towards $60,000 This week, the price of Bitcoin (BTC) has been slowly recovering, after touching the $52,000 mark last week. So far, most scenarios point to the digital currency’s value breaking the $60,000 mark again, although there … Read more

23,000 Bitcoin Options Are About to Expire

Key facts: BTC and ETH have maximum pain points at USD 58,000 and USD 2,400 respectively. While BTC maintains a leading position, ETH shows relative weakness. In the cryptocurrency market, September 2024 has been a month of contrasts, something that stands out when analyzing the bitcoin (BTC) and ether (ETH) options that will expire on … Read more

Major Bitcoin miners announced expansions of their hashrate

Key facts: Hashrate measures the processing power of miners to work on the Bitcoin network. These are the companies CleanSpark, Riot Platforms and Compass Mining. While the hashrate As Bitcoin (BTC) remains close to its all-time high (ATH), mining companies of this crypto asset are forced to increase their processing capacity to remain competitive and … Read more

Bitcoin, Dogecoin and Kaspa lead cryptocurrency mining

Bitcoin (BTC), Dogecoin (DOGE) and Kaspa (KAS) lead the most relevant metrics linked to cryptoassets based on the Proof of Work (PoW) protocol. In this rankingprepared by the mining pool f2poolstatistics such as market capitalization, hashrate (which measures the security of the network and the processing power of the miners) and the amount of daily … Read more

Binance has registered as a bitcoin service provider in Argentina

Key facts: Binance’s registration was made to make the platform suitable for cryptocurrency laundering According to new regulations, exchanges must register with the CNV. BinanceBinance, the world’s largest cryptocurrency exchange, has registered its international company in Argentina. The registration, effective and visible in the public registry of Virtual Asset Service Providers (PSAV) on the website … Read more

Sky, formerly MakerDAO, will vote to eliminate its version of wrapped bitcoin

Sky, the decentralized finance platform formerly known as MakerDAO, is on track to hold an executive vote on September 26, 2024 to remove wrapped bitcoin (wBTC) as collateral in its ecosystem. This decision is based on a proposal initially submitted by BA Labs, a DeFi risk management firm with influence in Sky’s governance. BA Labs’ … Read more

Ripio to launch cryptocurrency credit card in Argentina and Brazil

Key facts: The waiting list to apply for the card is now open. Serrano, CEO of Ripio, expects the launch to take place in October. Gravela bitcoin (BTC) and cryptocurrency exchange founded in Argentina, announced the launch of a Visa credit card for users in Argentina and Brazil. This works through decentralized finance (DeFi) without … Read more