Key facts: Hashrate measures the processing power of miners to work on the Bitcoin network. These are the companies CleanSpark, Riot Platforms and Compass Mining. While the hashrate As Bitcoin (BTC) remains close to its all-time high (ATH), mining companies of this crypto asset are forced to increase their processing capacity to remain competitive and … Read more
Sky, the decentralized finance platform formerly known as MakerDAO, is on track to hold an executive vote on September 26, 2024 to remove wrapped bitcoin (wBTC) as collateral in its ecosystem. This decision is based on a proposal initially submitted by BA Labs, a DeFi risk management firm with influence in Sky’s governance. BA Labs’ … Read more
Key facts: The waiting list to apply for the card is now open. Serrano, CEO of Ripio, expects the launch to take place in October. Gravela bitcoin (BTC) and cryptocurrency exchange founded in Argentina, announced the launch of a Visa credit card for users in Argentina and Brazil. This works through decentralized finance (DeFi) without … Read more
Within the framework of the de-dollarization efforts being undertaken by the group of countries that make up the BRICS alliance (initially made up of Brazil, Russia, India, China and South Africa), the establishment of a joint payment mechanism – which facilitates international trade – will be one of the key issues to be discussed at … Read more
Key facts: Bitcoin is preparing to enter a new bull run, says analyst. Bitcoin could potentially go to $190,000 in this bull cycle. Bitcoin (BTC) has consolidated its price both above and below the $60,000 level, preparing for a new run towards all-time highs, according to the market analyst who identifies himself on specialized forums … Read more
Key facts: EToro will now only support bitcoin, ether and bitcoin cash. Since September 11, it is no longer possible to open positions on eToro with other cryptocurrencies. The US subsidiary of the eToro investment platform has reached an agreement with the US Securities and Exchange Commission (SEC) to limit cryptocurrency trading. The measure, effective … Read more
According to the results of a survey conducted by German bank Deutsche Bank, users of Bitcoin (BTC) and other cryptocurrencies are less optimistic than at the beginning of the year regarding the future of the market. There is a pessimistic sentiment about the short-term outlook for bitcoin, while there is little hope for the survival … Read more
Key facts: The company said the multiplicity of platforms and technologies creates a complex environment. Swift is a system used by 11,000 financial institutions and more than 200 countries. Global financial messaging system Swift aims to consolidate the bridge between traditional finance and the digital asset ecosystem. The company announced that is studying ways to … Read more
Key facts: CbBTC is backed 1:1 by the bitcoin held by Coinbase. The wrapped BTC token will be available for trading on DEX with Coinbase Wallet. Coinbase, the largest cryptocurrency exchange in the United States, announced on Thursday, September 12, the launch of its wrapped bitcoin (BTC) token, called cbBTC, expanding the ways to use … Read more
Bitcoin (BTC) exchange-traded funds (ETFs) in the United States reported outflows of more than $43 million yesterday, breaking a streak of two consecutive days of net capital inflows. According to data from the investment company SosoValueArk & 21Shares’ ARK 21Shares Bitcoin ETF (ARKB) saw outflows of $54 million, while Grayscale’s Grayscale Bitcoin Trust (GBTC) saw … Read more