Coinbase removes wBTC and promotes its version of wrapped bitcoin

Coinbase users will be able to continue accessing their funds “at any time.” The team behind Wrapped Bitcoin regretted Coinbase’s decision and urged it to reconsider. Coinbase, the second exchange largest cryptocurrency exchange in the world, announced that it will eliminate the token Wrapped Bitcoin (wBTC) from its asset list, as of December 19, 2024. … Read more

Bitcoin is already worth more than JP Morgan, Visa and Mastercard combined

The digital currency surpasses the world’s largest bank in market capitalization. In the last 7 days, bitcoin has increased its price by 8%. Bitcoin (BTC) breaks historical records and redefines the global financial landscape by surpassing the combined capitalization of three giants of the financial sector. The price of bitcoin reached a new all-time high, … Read more

Argentine deputy proposes that the Central Bank mine bitcoin to strengthen its reserves

Cryptocurrency adoption continues to rise in Argentina due to several years of high inflation. The project seeks to allow the BCRA to decide how much of its reserves it will store in bitcoin. Argentine deputy Martín Yeza used the social network The congressman, a member of the Republican Proposal (PRO) party, has presented the initiative … Read more

A token based on US Treasury Bills arrives in El Salvador.

With the aim of offering investors exposure to US Treasury bills, Bitfinex Securities, an exchange linked to Tether, launched a tokenized public offering in El Salvador on November 19. The idea is that digital asset issuer NexBridge Digital Financial Solutions, based in the Central American country, will issue a new token that will be traded … Read more

BlackRock highlights 5 demand drivers for bitcoin

BlackRock does not rule out that there may be high volatility in the short term. In the medium and long term, the investment company maintains high expectations for bitcoin. The world’s largest investment fund manager, BlackRock, continues to be optimistic about bitcoin (BTC). In a report Posted today, November 19, the company that manages the … Read more

“Bitcoin is the worst form of money… except for all the others”

“Bitcoin is the worst form of money, except for all the others.” Alex, a researcher who presents himself under that name, reached that conclusion after years of studying the philosophical and political implications of the digital currency created by Satoshi Nakamoto. The thesis was presented during the Adopting Bitcoin 2024 conference, which took place on … Read more

Putin’s government will force bitcoin miners to pay taxes

The Russian government approved a set of amendments to a bill that proposes applying taxes to income and expenses from bitcoin (BTC) transactions and mining, in some cases recognizing them as commodities. According to the information spread by the Ministry of Finance, the government of Vladimir Putin agreed to make a series of changes to … Read more

Bitcoin miners are finally breathing, their profits soar according to JPMorgan

During the first two weeks of November 2024, the profitability of Bitcoin (BTC) mining increased, supported by a 29% increase in hashpriceor hash price, according to JPMorgan. This metric, a key indicator of Bitcoin mining profitability, reflects the amount of revenue a miner can generate per unit of hashrate (computing power) in a day, and … Read more

The arrival of $100,000 seems imminent for bitcoin

Bitcoin has become widespread, but its essence remains intact. Satoshi Nakamoto created the “digital gold” of the 21st century. Bitcoin (BTC) is close to $94,000, getting closer than ever to the long-awaited $100,000 mark. What a few years ago seemed like an unattainable dream for many is now a goal that could be reached in … Read more

Bitcoin marks a new all-time high on a key day!

Bitcoin (BTC) surpassed the $93,500 mark and thus registered a new all-time high price (ATH). The following graph, provided by TradingViewshows the bitcoin price from the previous ATH, in the BTC-USDT pair with prices from the Binance exchange: Bitcoin price since November 13. Source: TradingView. This event occurs on a historic day for bitcoin: today … Read more