The promulgation of Bill 20,345 to regulate the bitcoin (BTC) sector and other cryptocurrencies in Uruguay is one of the most striking news in Latin America that has occurred in recent weeks. The South American country took a step forward in terms of regulation, now being among the pioneers not only in the region but … Read more
Despite the 5% drop in 7 days, the price of BTC rises in the last few hours. The Middle East conflict has influenced the volatility of the cryptocurrency market. After a week marked by the outflow of capital from exchange-traded funds (ETFs), the price of bitcoin (BTC) rises above $62,000. This remains the case this … Read more
A more favorable regulatory environment for the ecosystem is expected in 2025, regardless of who wins. For Coinbase, elections are the most important influencing factor for all markets. With the US presidential election awaiting in a month, financial markets could be more impacted by the political campaign. This includes bitcoin (BTC) and cryptocurrencies. In fact, … Read more
“I am pleased to announce that the National Assembly has approved crucial changes to the law of the National Commission for Digital Assets (CNDA), granting us the power to regulate bitcoin (BTC) companies in our country,” as stated yesterday, Juan Carlos Reyes, president of that commission from El Salvador. Therefore, the CNAD will from now … Read more
There is a notion that, among all the cryptocurrencies, one is going to displace all the others. That there is only one cryptocurrency would be counterproductive for the ecosystem. Is the future multi-chain? Yeah. Rather the present is already multi-chain Why would we think that this will cease to be the case in the future? … Read more
The arrival of the month of October is usually a significant event for bitcoin (BTC). Historically, the tenth month is usually favorable, as in the last 14 years it has only recorded negative balances for the digital currency twice. Hence it is known as Uptober (bullish October). However, it is unclear whether history will repeat … Read more
The United States Securities and Exchange Commission (SEC) continues to confuse the cryptocurrency industry, first by the methods it uses to classify most digital assets as securities, and now, by failing to present a key document to the appeal the decision of federal judge Analisa Torres who ruled, last year, that the sales of the … Read more
According to CCData, Binance also decreased its participation in the derivatives market. Other exchanges are taking a greater role in the market. In September 2024, Binance’s market share fell noticeably, reaching its lowest point since 2020. According to data from CCData, this decline is reflected in both the spot and derivatives markets, marking a significant … Read more
IMF spokesperson Julie Kozack calls for reducing public sector exposure to bitcoin. The organization considers the 2025 budget proposal to be “a good step.” When everything seemed to indicate that the International Monetary Fund (IMF) and Nayib Bukele’s government had ironed out differences in relation to the adoption of bitcoin (BTC) in El Salvador, there … Read more
After learning that the first phase of the cryptocurrency laundering process, implemented in Argentina since last July, will be extended until October 31, representatives of cryptocurrency exchanges are presenting their first balance sheets. In statements to local media, platforms such as Bitso and Lemon offered some statistics, ensuring that money laundering has exceeded their expectations. … Read more