Interest in new memecoins grows: Kaiko

In a market rife with volatility, memecoins have taken center stage, capturing investors’ portfolios, according to a report from analytics firm Kaiko. Dogecoin (DOGE), the memecoin par excellencehas once again led trading volumesjust as it did during the 2021 rallies. On that occasion, its popularity took off thanks to the support of figures such as … Read more

A token based on US Treasury Bills arrives in El Salvador.

With the aim of offering investors exposure to US Treasury bills, Bitfinex Securities, an exchange linked to Tether, launched a tokenized public offering in El Salvador on November 19. The idea is that digital asset issuer NexBridge Digital Financial Solutions, based in the Central American country, will issue a new token that will be traded … Read more

“Bitcoin is the worst form of money… except for all the others”

“Bitcoin is the worst form of money, except for all the others.” Alex, a researcher who presents himself under that name, reached that conclusion after years of studying the philosophical and political implications of the digital currency created by Satoshi Nakamoto. The thesis was presented during the Adopting Bitcoin 2024 conference, which took place on … Read more

Putin’s government will force bitcoin miners to pay taxes

The Russian government approved a set of amendments to a bill that proposes applying taxes to income and expenses from bitcoin (BTC) transactions and mining, in some cases recognizing them as commodities. According to the information spread by the Ministry of Finance, the government of Vladimir Putin agreed to make a series of changes to … Read more

Why didn’t Milei dollarize or close the Central Bank?

In practice, coin competition is already happening, says Milei. In order to close the BCRA, it is first necessary to clean it up. Javier Milei, current president of Argentina, came to power making unusual promises. Among them was the establishment of a regime of free currency competition (popularly referred to as “dollarization”) and the closure … Read more

A fake “Elon Musk” asked for donations in bitcoin on Argentine television

In the video, the alleged Elon Musk asked the audience to send bitcoin to a QR. The event went viral on the social network X, where users made fun of what was happening. Around 6:30 p.m. (Argentine time) on Tuesday, November 19, the television channel TN, specialized in news, broadcast footage (supposedly live) in which … Read more

Bitcoin miners are finally breathing, their profits soar according to JPMorgan

During the first two weeks of November 2024, the profitability of Bitcoin (BTC) mining increased, supported by a 29% increase in hashpriceor hash price, according to JPMorgan. This metric, a key indicator of Bitcoin mining profitability, reflects the amount of revenue a miner can generate per unit of hashrate (computing power) in a day, and … Read more

Bitcoin ETF options traders bet on explosive growth in one month

Options allow for more sophisticated investment strategies than just buying and selling an asset. For Balchunas, what he sees in the first hours of trading “is a ton for the first day.” Options on the iShares Bitcoin Trust ETF (IBIT), which is issued and managed by the BlackRock company, are having a successful debut on … Read more

Binance lists new memecoin pairs and adds trading bots

The new automatic trading tools will be available from November 20, 2024. Trading bots optimize cryptocurrency operations and reduce human intervention. Binance, the exchange largest cryptocurrency exchange in the world, announced that from November 20, 2024 it will incorporate new pairs of tokens commercials and the enablement of trading bot services on its Spot platform. … Read more