Willow, Google’s quantum chip, a threat to Bitcoin?

Hypothetically, a powerful quantum computer would compromise BTC’s cryptography. Bitcoin uses algorithms to protect digital signatures for transactions and mining. On December 9, tech giant Google announced the launch of Willow, its new quantum chip. This advance sparked debates about the potential impact of this technology on the security of Bitcoin (BTC), whose cryptography is … Read more

Bitcoin’s historic rally vindicates the Austrian economy and the free market

Like Bitcoin, Austrian School economists question state intervention. The increase in demand for a scarce commodity like bitcoin is what leads to the rise. «It’s ironic that bitcoin only reached $100,000 by bribing politicians and sleeping with the government. Without the planned government intervention, this milestone would never have been achieved.” This was the reaction … Read more

Argentina repealed rule that imposed taxes on cryptocurrency activities

The previous rule forced miners to pay taxes, affecting their activity. Now ARCA will review the measure and in the meantime there will be no taxes for certain activities. The government of Javier Milei today repealed the General Resolution of the Customs Collection and Control Agency (ARCA) that imposed new taxes on activities and operations … Read more

What price will bitcoin reach in December? These are the expectations at Polymarket

$105,000 per bitcoin in December is a figure that convinces gamblers. By 2025, analysts and traders have made much more bullish predictions for bitcoin. According to bets on the Polymarket platform, the price of bitcoin (BTC) has not yet peaked this month. The majority of users are predicting an escalation to new price records before … Read more

a day of high volatility is anticipated for bitcoin

The price of bitcoin could soar or crash, depending on the outcome. A positive result does not imply that Microsoft will invest in bitcoin, but rather that it will evaluate it. A day of high volatility is possible today, December 10, for the price of bitcoin (BTC) according to the outcome of an event expected … Read more

USD 1.5 billion traders were liquidated with the fall of bitcoin

Bitcoin (BTC) experienced a day of high volatility yesterday, Monday, December 9, resulting in the liquidation of $1.5 billion in the futures market. The quote of the coin created by Satoshi Nakamoto fell from $100,000 to $94,900. Currently, its price is $97,800. Bitcoin’s performance put downward pressure on the rest of the cryptocurrencies, which, in … Read more

What’s next after $100,000 per bitcoin?

$100,000 was an expected mark for bitcoin since the previous bull cycle. Overall, positive expectations remain for bitcoin in 2024 and 2025. The price of bitcoin (BTC) last week surpassed $100,000 (USD) for the first time in history and has been trading around that level ever since. With such behavior, the market shows strength to … Read more

Bhutan sends 400 bitcoin to QCP Capital in possible profit taking

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

What will change in El Salvador if the obligation to accept bitcoin is eliminated?

«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

A bitcoin reserve would be positive for a few

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