El Salvador takes advantage of the fall of bitcoin and buys 11 BTC

El Salvador has a BTC treasury valued at more than USD 580 million. In this way, the country reaffirms its commitment and puts a stop to skeptical views. This Thursday, December 19, El Salvador, under the government of Nayib Bukele, added 11 BTC to its treasury, reaffirming its long-term vision and destroying the pessimistic speculations … Read more

Bitcoin still far from ‘saturation point’, says Glassnode

Bitcoin’s bullish cycle is advanced, but still far from over. Old investors are taking profits to make way for new entrants. According to the recent movements of bitcoin (BTC) investors, the current bullish cycle is still strong to continue. This is according to a new report from the research firm Glassnode published on December 18. … Read more

“Bitcoin at $740,000 is feasible”: CEO of Pantera

Bitcoin maintains its bullish trend, and optimism about its growth potential continues to gain strength among the main market players. In early December, the currency surpassed $100,000 for the first time and reached an all-time high of $108,000 on December 17, as you see in the graph of TradingView. BTC price. Source: TradingView. However, for … Read more

What else did El Salvador give up with bitcoin to obtain the loan with the IMF?

Bukele did not give up, they say from the Bitcoin Beach citadel project. Despite advanced regulation, IMF seeks transparency and control over bitcoin in El Salvador. Bitcoin (BTC) plays a central role in the agreement reached by El Salvador and the International Monetary Fund (IMF) to grant the Central American country a loan of USD … Read more

This is how Bitcoin would defend itself from quantum computing

Sigman warned that “quantum computers may one day break the cryptography” of Bitcoin. BIP-360 would establish a quantum-safe transaction system. In response to the uncertainty generated by the launch of Google’s Willow chip and analyst opinions about its potential to compromise the security of Bitcoin (BTC), the BIP-360 improvement proposal emerges as a possible solution. … Read more

Bitcoin has fuel to continue rising in price, according to Grayscale

Bitcoin (BTC) continues to generate positive expectations among investors and companies in the digital asset sector, even after experiencing a significant correction recently. The currency reached an all-time high of $108,000 yesterday, December 17, however, Its price fell to $98,000 todayas seen in the following graph of TradingView. BTC price. Source: TradingView. According to a … Read more

Bitcoin crash shows why a BTC reserve matters in the United States

The Federal Reserve Chairman’s views caused a stir in the financial world. The long-term price expectation is good, but there is uncertainty about the bitcoin reserve. After following a path that brought it closer to USD 110,000, the price of bitcoin (BTC) registered a significant drop on December 18. The price of the digital currency … Read more

Satoshi Nakamoto’s impostor is caught by justice, again

He was sentenced to 12 months in prison, but suspended for 2 years. Wright was convicted after launching a legal claim against Bitcoin developers. A London court convicted Craig Wright, the fake Satoshi Nakamoto, of contempt of court. The sentence is 12 months in prison, although suspended. The conviction It comes after Wright launched a … Read more

Bitcoin miners are ready to welcome AI

Conventional data centers currently have power and cooling limitations. AI may offer more stable income streams, but would limit the hashing power of miners. Thanks to their infrastructure, Bitcoin (BTC) mining companies would be in a favorable position to take advantage of the demand for data centers from sectors such as artificial intelligence (AI) and … Read more

Venezuelan project wins bitcoin subsidy to promote financial freedom

The Financial Freedom Policy Coalition, an organization founded by Venezuelan activist Jorge Jraissati, has received a grant in bitcoin (BTC) as part of the latest round of funding from the Bitcoin Development Fund, an initiative of the Human Rights Foundation ( HRF). In the last few hours, the information was released on social networks. The … Read more