Bhutan so far holds 11,688 bitcoin, valued at $1.17 billion. Another 100 BTC were sent by Bhutan to the Binance cryptocurrency exchange. This Monday, December 9, the bitcoin (BTC) wallet linked to the Kingdom of Bhutan, in Asia, registered various large movements of money. A total of 406 BTC, equivalent to more than $40 million, … Read more
«Accepting bitcoin was not mandatory for businesses in El Salvador. That is why many businesses still do not accept bitcoin,” recalls a Reddit user speaking about the possibility of changes being made to the regulation on the use of bitcoin (BTC). The comment, published on the social network this December 9, is part of a … Read more
According to Dudley, financing this project would increase the national debt or exacerbate inflation. Instead of a BTC reserve, he urged politicians to focus on regulatory frameworks. Bill Dudley, former chairman of the FED between 2009 and 2018, recently expressed concern about the proposal to create a strategic reserve of bitcoin (BTC). This was stated … Read more
Russian State Duma deputy Anton Tkachev sent a letter to the country’s Finance Minister Anton Siluanov requesting the creation of a strategic bitcoin reserve. Tkachev proposes that this reserve be established “by analogy with state reserves in traditional currencies.” “I ask you, dear Anton Germanovich, to evaluate the feasibility of creating a strategic bitcoin reserve … Read more
The market for the cryptocurrency created by Binance, BNB, is showing optimism for the continuity of its price. Last week, The cryptocurrency reached a new all-time high price of $794 (USD). And, since then, it has remained trading in a higher range than it had until now, mainly above USD 700. In this way, it … Read more
Forcing someone to accept bitcoin is a fiat action. Literally fiat. Fíat in Latin means “let it be done”, it implies a decree. When El Salvador passed its Bitcoin Law and made it mandatory for businesses to accept BTC, it promoted Bitcoin from a fiat approach, not a bitcoiner. Therefore, not only is it not … Read more
Bitmain, the Chinese company that manufactures ASIC devices for mining Bitcoin, announced this Monday the launch of its new production line in the United States. This strategic move aims to offer “faster response times and more efficient services to North American customers,” according to the entity. The company plans provide a significant boost to mining … Read more
Government analysts say Bitcoin’s success is driving institutional FOMO. They qualify the digital currency as an asset with high return potential. In its report for the fourth quarter of fiscal year 2024, the United States Department of the Treasury highlighted the rapid growth of bitcoin (BTC) and its increasing relevance in the decentralized finance (DeFi) … Read more
This is a project developed by Saint Petersburg State University. Two private companies, Lartech and Energomera, are also working on the initiative. Academics from Saint Petersburg State University have developed a tool to detect illegal mining of cryptoassets, a problem that, according to these experts, is one of the most serious currently affecting Russia’s electrical … Read more
Bitcoin (BTC) began the second week of December with a slightly bearish movement that has led it to position itself below $99,000. This, while waiting for different relevant events for the market that will occur during the current week. Investors’ eyes are on the meeting that Microsoft shareholders will have tomorrow, Tuesday, December 10. One … Read more