Tether Limited, the issuer of the USDT stablecoin, has acquired a 9.8% stake in Adecoagro, an agricultural company with operations in Argentina and Brazil. According to a document filed with the United States Securities and Exchange Commission (SEC), The investment is equivalent to 10,048,249 shares of that entity, valued at 100 million dollars. Adecoagro stands … Read more
WisdomTree, the financial services firm with digital assets and exchange-traded products, is withdrawing from the Ethereum ETF race. The company asks the Securities and Exchange Commission (SEC) the retreat of Form S-1, which requested the listing of an exchange-traded fund (WisdomTree Ethereum Trust) on one of the branches of the Chicago Board Options Exchange: Cboe … Read more
Key facts: A perfect storm is brewing for Bitcoin’s price to rise. On September 18, the Fed could announce cuts in dollar interest rates. “Don’t be a crybaby,” wrote trader and influencer David Battaglia on his X account. His exhortation was in relation to the price of bitcoin, which, as anyone who follows the market … Read more
Key facts: The poor performance of the funds has a direct impact on the price of bitcoin. Since launch, BTC ETFs have accumulated inflows of over USD 16 billion. Bitcoin (BTC)-based exchange-traded funds (ETFs) in the United States reported net outflows of more than $167 million last Friday, September 6, surpassing the worst streak since … Read more
Key facts: The framework that regulates mining activity has several legal aspects. The farm was located in the state of Guárico, in the plains region of Venezuela. Members of the Bolivarian National Armed Forces (FANB) raided a Bitcoin mining farm located in Guárico, in the plains region of Venezuela. According to the report of the … Read more
Key facts: Several analysts have bullish expectations for bitcoin for the remainder of 2024. If history repeats itself, Bitcoin’s rebound would begin in the third quarter of the year. Bitcoin (BTC) has been providing good buying opportunities at low prices over the past week. In that period, the price of the digital currency has reached … Read more