What happened to the bitcoin Christmas rally?

The behavior of bitcoin (BTC) in the past is often used to try to anticipate future behavior. This is why many investors, traders and market analysts expected that the digital currency created by Satoshi Nakamoto had a bullish rally that would take her to new heights, precisely for these dates. The trader who identifies himself … Read more

“Governments need to make their position clear” on bitcoin

Bitcoin (BTC) is experiencing a year-end frenzy and it’s not just because of its price. Good news is coming from all fronts: more institutional investments, companies incorporating the currency into their treasuries, politicians talking about national reserves with the digital asset or records in network processing power. Without a doubt, it is a year to … Read more

The price of bitcoin recovers after exits in ETFs, can it return to USD 100,000?

BTC traded below $92,000, its lowest level so far in December. Despite this, the bullish outlook for BTC remains. Bitcoin (BTC) is recovering after trading below $92,000, its lowest level so far in December. The main reason for this drop was the $276 million that came out of bitcoin exchange-traded funds (ETFs) in the United … Read more

Europe says goodbye to USDT and USDC takes over

Starting December 30, the European Union will fully implement the Regulation for the Cryptoasset Market (MiCA Law), leaving one of the most used stablecoins globally out of the game: USDT. This change opens the doors to USDC and EURC, issued by Circle, consolidating a new balance in the European market of cryptocurrencies. With a market … Read more

Michael Saylor outlines the path to adopting bitcoin as a reserve in the United States

The plan states that the regulation of digital assets must prioritize efficiency. Saylor is president of MicroStrategy, the company with the largest amount of BTC in custody. Michael Saylor, president of MicroStrategy and one of the leading proponents of bitcoin (BTC) globally, has outlined an ambitious plan to position the United States as a leader … Read more

El Salvador makes an agreement with the IMF and Powell knocks down the market, see it in the news summary

This week the bitcoin (BTC) ecosystem was marked by several important events related to the market and finances. On the one hand, the pioneering digital currency continued to advance its rally, setting a new all-time high of more than USD 108,000. However, this time the enthusiasm was short-lived, because by December 18, BTC registered a … Read more

What else did El Salvador give up with bitcoin to obtain the loan with the IMF?

Bukele did not give up, they say from the Bitcoin Beach citadel project. Despite advanced regulation, IMF seeks transparency and control over bitcoin in El Salvador. Bitcoin (BTC) plays a central role in the agreement reached by El Salvador and the International Monetary Fund (IMF) to grant the Central American country a loan of USD … Read more

Venezuelan project wins bitcoin subsidy to promote financial freedom

The Financial Freedom Policy Coalition, an organization founded by Venezuelan activist Jorge Jraissati, has received a grant in bitcoin (BTC) as part of the latest round of funding from the Bitcoin Development Fund, an initiative of the Human Rights Foundation ( HRF). In the last few hours, the information was released on social networks. The … Read more

El Salvador will turn off the Chivo Wallet after agreement with the IMF

El Salvador decided to discontinue the government-created Bitcoin wallet, Chivo Wallet, as part of an agreement with the International Monetary Fund (IMF). This measure is announced as a requirement to access a loan of USD 1.4 billion from the multilateral organization. Stacy Herbert, the director of the National Bitcoin Office of El Salvador, confirmed on … Read more

The fall of bitcoin liquidated more than USD 400 million of traders

The cryptocurrency market suffered a hard blow yesterday, Wednesday, December 18, when bitcoin (BTC) experienced a day of high volatility. This caused the liquidation of more than $400 million in the futures market. The price of bitcoin fell sharply from the $105,000 to $98,000, although it has since recovered and is currently trading at $102,000, … Read more