MrBeast’s history with cryptocurrencies is also tinged with controversy

Since 2021, the YouTuber has been getting into the world of cryptocurrencies. MrBeast has invested in btcoin, NFTs and backed the DeFi market XCAD Network. MrBeast, one of the most popular YouTubers and philanthropists, whose real name is Jimmy Donaldson, is known for his extravagant and charitable actions that have captured the attention of more … Read more

Bitcoin mining in Russia is “legal” as of today

Vladimir Putin, the president of Russia, approved legislation on August 8 that legalizes Bitcoin mining activity in the country. A part of said legislation officially comes into force today, November 1, 2024. Bliss law exposesalso according to the Duma, states that the requirements for carrying out bitcoin and cryptocurrency mining activities by natural and legal … Read more

Retailers haven’t flocked to bitcoin…yet

Although bitcoin (BTC) remains the undisputed leader in the digital asset market, it is still awaiting mass retail adoption. Despite notable growth in institutional investment and the strength of its market dominance, current metrics suggest retail flow remains moderateleaving a window of opportunity and expectation for an upcoming bullish rally, signals a Capriole Investments report. … Read more

What will happen to bitcoin mining after the United States elections?

Bitcoin mining in the United States has a significant global dimension. Today, more than 35% of the hashing power in bitcoin comes from this country. And in a few days, the leadership of the country with the second largest mining power in the world will change, after the new president is decided in the elections … Read more

Project launched to regulate tokenization in Argentina

This is a proposal to regulate the tokenization of RWA through a “sandbox”. The sandbox could come into effect at the end of 2024 or beginning of 2025, according to Growth. The Argentine Fintech Chamber, an organization that brings together financial services technology companies, and Crecimiento, a movement that seeks to transform Argentina into a … Read more

Interest-paying cryptocurrency launched on Solana

The cryptocurrency is issued by Sollayer Labs, a restaking protocol on Solana. The yield obtained is 4.33% in Treasury bills. Solayer Labs, a re-staking protocol on the Solana network, has introduced the Solayer USD (sUSD) stablecoin on its platform, a crypto asset designed to generate interest for its holders. “Cryptocurrencies are not just numbers, but … Read more

The new US inflation data was released. How will it impact bitcoin?

The United States Personal Consumption Expenditure (PCE) Price Index was released today. It is a key indicator of inflation in the main financial power and is used to evaluate the change in the cost of living. The report published by the Office of Economic Analysis of the US Department of Commerce highlights that the PCE … Read more

3 keys to understand the validity of the Bitcoin White Paper 16 years after its publication

Today marks 16 years since pseudonymous Bitcoin creator Satoshi Nakamoto shared the White Paper of Bitcoin BTC on a cyberpunk mailing list. “I have been working on a new electronic money system that is entirely peer-to-peer, with no trusted third parties,” Satoshi said in an October 31, 2008 email where he shared the paper titled … Read more

MicroStrategy announces multimillion-dollar plan to buy more bitcoin

They plan to use the additional capital to purchase more bitcoin as a treasury reserve asset. The company’s goal is to achieve a higher return on its bitcoin reserves. Software development company MicroStrategy announced a plan to raise $42 billion over the next three years. The company plans to use this capital to acquire more … Read more