Just a few hours ago, bitcoin (BTC) seemed destined to reach $110,000. But as of today afternoon, December 18, its price is approaching $100,000. This occurs despite the fact that the Fed (central bank of the United States) has cut interest rates just as the market expected (which is usually bullish news for bitcoin). The … Read more
After more than three years of negotiations, the International Monetary Fund (IMF) and the government of El Salvador reached an agreement to grant the Central American country a loan for USD 1.4 billion, within the framework of the Extended IMF Facility (SAF). According to reports the IMF On its official site, the program aims to … Read more
In November 2024, this company managed to extract 367 BTC of which it did not sell any. Thanks to BTC, Cango obtained 10 times more revenue in November than in the entire third quarter. Cango, a Chinese platform that offers automotive transaction services and is listed on the New York Stock Exchange, has decided to … Read more
Gary A. Vecchiarelli, Chief Financial Officer (CFO) of the Bitcoin (BTC) mining company CleanSpark, explained on December 17 that the company prefers to allocate resources to increase its mining capacity, rather than to buy BTC above $100,000. According to the sayings According to executive Vecchiarelli, this company sees access to BTC as a more attractive … Read more
Bitcoin (BTC), the first digital currency on the market, has managed to overtake gold in one of the largest ETF markets. The iShares Bitcoin Trust (IBIT) fund, managed by BlackRock, has surpassed the gold ETF of the same firm in assets under managementiShares Gold Trust (IAU). This milestone marks a significant change in investor perception … Read more
The interest rate in the US is 4.50-4.75 basis points. The price of bitcoin (BTC) remains above $100,000. Today, December 18, a day of high volatility is expected for bitcoin (BTC) and cryptocurrencies. This Wednesday the decision on the interest rate of the FOMC, the body in charge of defining the monetary policy of the … Read more
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
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
This Tuesday, the draft of an executive order that proposes the creation of a strategic reserve of bitcoin (BTC) in the United States was released. All that remains is for President-elect Donald Trump’s team to review this document and for the president to sign it for it to come into force. The document, which was … Read more
EU exchanges will be forced to store the data of cryptocurrency holders. Several cryptocurrency platforms are asking customers for information about their wallets. This December 30, the Regulation for the Cryptoasset Market (MiCA) comes into force in the European Union (EU). It is expected that from that date a series of new regulations will regulate … Read more