“Bitcoin is a solution 100 times better than any other asset”: president of OKX

The bitcoin market shows that people want a secure way to hold value. According to Hong Fang, it is advisable to review the data in the long term. Hong Fang, president of the OKX cryptocurrency exchange, gave a conference in which she highlighted the role of bitcoin (BTC) as a superior store of value. This … Read more

loans on Bitfinex skyrocketed

This Tuesday, multiple loan orders on the bitcoin (BTC) and cryptocurrency exchange Bitfinex were placed at annual percentage rates of 30%. Large traders have started increasing their positions heavily, emanating clear bullish signals for the bitcoin (BTC) and cryptocurrency market. According to Greeks.live, loan rates are they shot despite a small setback in the market, … Read more

On-chain activity in Bitcoin is growing and that is good for the price

There is a pattern of less risk aversion on the part of investors. The same thing happened in March, when bitcoin reached its most recent all-time high. On-chain analysis of bitcoin (BTC) is indicating an increase in demand from retail investors. This is demonstrated by currency transactions that are less than 10,000 dollars (USD). Watching … Read more

Argentina regulators change their view on bitcoin

CNV lawyer classified his participation in the Tech Forum event as “revolutionary.” “The current BCRA board wants to promote the cryptocurrency sector,” says a specialist. With the growing adoption of bitcoin (BTC) and cryptocurrencies in Argentina, regulators’ view of the ecosystem is changing. This was made evident by a conference at Tech Forum, a cryptoasset … Read more

India plans to ban bitcoin because “CBDCs have more advantages”

The Indian government is considering banning cryptocurrencies such as bitcoin (BTC) and ether (ETH), according to sources from institutions and regulators in that South Asian country. The main reason is that Central Bank Digital Currencies (CBDC) can offer “similar advantages” in profit transfers, but without the “risks” associated with cryptocurrencies. According to sources close to … Read more

Without internet? Don’t worry, your bitcoin is safe and you can use it offline

In 2018, Blockstream made it free to use satellite-based Bitcoin nodes. In 2023, a user created a Bitcoin Core bridge with Meshtastic, a long-term spoke project. The technologies that allow transactions with bitcoin outside the internet are not yet fully widespread, but they already exist and have demonstrated their real viability. Especially radio communication, which … Read more

The issuance of USDT and stablecoins skyrockets. How will it impact bitcoin?

The market capitalization of USD Tether (USDT) has exceeded $120 billion, while that of all stablecoins together reaches $172 billion. This increase implies a greater issuance of these coins, which generally positively influences the price of bitcoin. In recent days, the market capitalization of USDT (which is the largest stablecoin in the world) has increased … Read more

Minneapolis Fed calls for bitcoin ban

The Minneapolis Federal Reserve recently expressed its opposition to bitcoin (BTC), suggesting a “legal ban” on the world’s largest digital currency. This position adds to the criticism of the European Central Bank (ECB), which had already pointed out BTC as potentially “harmful to society.” In a working document prepared by Amol Amol and Erzo Luttmer, … Read more

El Salvador and its adoption of bitcoin stand out as a case study at Harvard

The document was also published by the Sorbonne University in France. Now the Central American country attracts peace and tourism with bitcoin. A recent study by Harvard University highlights the transformation that El Salvador is experiencing, as a country that was known as the “homicide capital of the world” to adopt a new role as … Read more