Italy backs down on high bitcoin taxes

Italian Prime Minister Giorgia Meloni’s government is evaluating the possibility of reducing recently announced taxes on bitcoin (BTC) and cryptocurrency transactions. Sources close to the matter indicate that the government is likely to approve a proposal presented by the League, a minor ally in Meloni’s coalition, to reduce the tax increase. The amendment presented by … Read more

Billionaire pension fund announced 3% allocation in bitcoin

The British pension fund Cartwright, known for its specialization in hybrid pension plans, announced this Monday the allocation of 3% of the value of its fund in bitcoin (BTC). This decision, described as a “bold step”, reflects the progressive nature of the trustees involved, according to that entity. According to Cartwright, the move aligns with … Read more

Bitcoin mining will be used to stabilize Germany’s power grid

The telecommunications giant Deutsche Telekom is behind the mining project. They are looking for Bitcoin miners to stabilize energy production peaks. Deutsche Telekom, through its subsidiary MMS, in collaboration with the German bank Bankhaus Metzler, began a pilot project to use Bitcoin mining to stabilize Germany’s electrical grid. This project takes advantage of surplus energy … Read more

Bitcoin Villains Reappeared in October Horror

The ECB, the FED and the IMF reflect fear and lack of understanding about the potential of Bitcoin. El Salvador moves forward with Bitcoin, challenging the status quo, as the IMF seeks to limit its advance. In recent days, Bitcoin has once again come under intense scrutiny from prominent institutions in the traditional banking and … Read more

Who is Sofia Patel? One of whose posts created an uproar in the US elections, Trump slammed the British PM

US Presidential Election: US Republican candidate Donald Trump has filed a legal complaint requesting an immediate investigation by British authorities into “blatant foreign interference” in the upcoming presidential election. In his complaint, Trump has directly accused the British Prime Minister of interfering in the presidential election. Let us know from where this uproar started. This … Read more

Academics refute ECB anti-bitcoin document

Bitcoin policy specialists issued a document this week questioning the work of Ulrich Bindseil and Jurgen Schaaf, analysts at the European Central Bank (ECB). Murray Rudd, Allen Farrigton, Freddie New and Dennis Porter, specialists in the field, argue that the ECB’s analysis “reveals fundamental flaws in the assumptions and theoretical model of Bindseil and Schaaf, … Read more

European Central Bank and the FED kick the bucket against Bitcoin

“A useless piece of paper.” Minneapolis Federal Reserve “The existence of Bitcoin impoverishes.” European Central Bank Could these two sentences, expressed by central bankers from the United States and Europe, be more ironic? At first glance, it seems not. One would say, with a mocking smile, hiding a hidden rage, that these people couldn’t be … Read more

Binance is dethroned in Europe, a new exchange takes the crown

Bitvavo already has 1.5 million users in Europe. Exchange regulated by the Central Bank of the Netherlands and with SEPA payments. The bitcoin and cryptocurrency exchange Binance is no longer the favorite in Europe. The exchange platform that now takes the crown when it comes to trading in euros (EUR) is Bitvavo, launched on the … Read more

Stripe bought stablecoin platform Bridge

This Monday, October 21, 2024, it was reported that Stripe, the online payments giant, purchased Bridge, a stablecoin platform, for an amount of USD 1.1 billion. The transaction, subject to regulatory approvals, is expected to close in the coming months. Stripe CEO Patrick Collison confirmed the acquisition of Bridge in a message published in X, … Read more

European company will follow MicroStrategy’s strategy to buy bitcoin

Samara Asset Group, an asset management firm based in Malta and listed in Germany, announced this Monday, October 14, its plan to issue bonds of up to €30 million. This issue is intended to acquire bitcoin (BTC), following the trend of using the asset as the main treasury reserve, a strategy already adopted by the … Read more