“stablecoins will attract capital to the US.”

According to Galaxy, the announced “deposit flight” that banks warn will strengthen the dollar. The growth of stablecoins would generate up to $1.2 trillion in additional credit in the US. According to a study carried out by the research division of the firm Galaxy Digital, the GENIUS Act to regulate stablecoins, far from causing a … Read more

Bitcoin price at 80 thousand will correct in the short term, according to data from Santiment and CriptoQuant

A market analysis with the price of bitcoin resting on the fine line of $80,000 contradicts the bullish sentiment that investors expect for the second half of May. According to Santiment data, Tether (USDT) on Ethereum saw highest net outflow from exchanges in three monthswith 1.29 billion USDT on Friday, May 8. The chart provided … Read more

Bitcoin miners in Colombia propose joining Venezuela’s electricity rescue

While Venezuela ratifies an absolute veto on Bitcoin mining under the premise of protecting an exhausted National Electrical System (SEN), a group of Venezuelan experts operates from Colombia an alternative that could change the game. The proposal by Arley Lozano from Horeb Energy, and Carlos from Terawatt LLC, is a business model but also a … Read more

SEC analyzes modernizing rules for onchain markets

Atkins proposes formal rulemaking to define what an exchange is in cryptocurrency networks. It is proposed to adjust the legal framework for systems that execute trading, liquidity and settlement. The United States Securities and Exchange Commission (SEC) evaluates modernizing securities regulations to adapt them to the markets on chain and to operations developed on cryptocurrency … Read more

Venezuela maintains an absolute veto on Bitcoin mining and announces measures

The Ministry of Electric Energy of Venezuela announced this May 7 that the absolute ban on mining bitcoin and other cryptocurrencies will be maintained throughout the national territory, as part of the measures adopted to protect and stabilize the National Electric System (SEN) in the face of the historic increase in energy demand. In a … Read more

advantages and disadvantages for Latin Americans

Solana eliminates the wait, but formal registration excludes the undocumented. Bank support implies giving up resistance to censorship of open networks. Sending remittances from the United States to Latin America has traditionally depended on correspondent banking systems that take between one and three days to settle and that expose the recipient to exchange fluctuations. However, … Read more

Grayscale adds ethena cryptocurrency to its DeFi fund

Ethena (ENA) already represents 13.59% of the Grayscale Decentralized Finance Fund. To add ENA, the fund sold its position in Aerodrome Finance and rebalanced the portfolio. Grayscale added ethena (ENA) to its Grayscale Decentralized Finance Fund, a fund aimed at giving exposure to assets in the decentralized finance (DeFi) sector. The manager reported this May … Read more

Trump has arrived and a new era begins for Bitcoin, see it in the news summary

A hectic week ends for the Bitcoin ecosystem. It began with the inauguration of Donald Trump and brought with it a series of information that shows the turn that the United States is taking in the regulation of cryptocurrencies. Prior to the presidential inauguration, the new president and his wife launched their own memecoins. TRUMP … Read more

What do El Salvador and the United States have in common?

181 days have passed from July 27, 2024 until now. That is, almost 6 months have passed since Donald Trump made pro-Bitcoin promises before an audience that cheered him on stage at the Bitcoin 2024 conference in Nashville, United States. And yesterday, as president, he signed an executive order that, despite his previous promises, does … Read more