BlackRock already has half a million bitcoin

On Monday, December 2, the bitcoin (BTC) exchange-traded fund (ETF) issued by BlackRock, known as IBIT, surpassed the half-million BTC mark in custody. This milestone makes it the largest and most valued bitcoin ETF on the US Stock Exchange. According to data from K33 Research, BlackRock’s IBIT already accumulates a total of 500,380 BTC. BlackRock … Read more

How much bitcoin could Microsoft buy with the money it has?

Microsoft is the third most valuable company in the world, behind Nvidia and Apple. According to its latest balance sheet, the company has USD 78 billion to make investments. The Board of Shareholders of Microsoft, an American software development company, will vote on a “bitcoin investment evaluation” on December 10. In it document filed with … Read more

When will bitcoin reach $100,000?

The price of bitcoin (BTC) has entered a new stage of lateralization, this time between 90,000 and just under 100,000 dollars. At the moment, the digital currency created by Satoshi Nakamoto cannot break the 6-figure barrier (which is nothing special at a fundamental level, but which, due to market psychology, has become an important decision-making … Read more

Brazil wants to prohibit stablecoin withdrawals to self-custody wallets

The Central Bank of Brazil (BCB) is exploring new regulation that could significantly change the landscape of cryptocurrency transactions in the country. On November 29, the BCB launched a public consultation proposing to veto transfers of stablecoins, such as Tether’s USDT, to self-custody wallets such as MetaMask. “The virtual asset service provider is prohibited from … Read more

The United States would be taking profits from the rise of bitcoin

The wallet address associated with the US government currently has 188,300 BTC. US Is Moving Bitcoin Linked to Silk Road, According to On-Chain Data. On Monday, December 2, a cryptocurrency wallet related to the United States registered important movements. According to data from Arkham Intelligence, an address linked to the US government transferred 10,000 bitcoin … Read more

HBAR rises 300% in a year, does it have to do with Ripple/XRP?

HBAR, the utility cryptocurrency of the Hedera network, is up as much as 400%, if not more, in the last 30 days according to CoinMarketCap. At the time of writing, it occupies 19th place in the ranking of cryptocurrencies with the largest market capitalization in the world, above Litecoin (LTC). HBAR has risen in price … Read more

WisdomTree requests authorization to launch an ETF of XRP, Ripple’s cryptocurrency

Officially, 4 companies have already requested permission to launch their XRP ETFs. Last week the company registered its XRP ETF in the state of Delaware. WisdomTree requested official authorization to launch an ETF based on XRP, Ripple’s cryptocurrency. The company filed an S-1 document with the US Securities and Exchange Commission (SEC), a necessary step … Read more

Staking rewards fuel Algorand cryptocurrency rally

The Algorand ecosystem is having a good time. The rewards for stakingrecently announced, have catapulted the price of its native cryptocurrency, ALGO, to levels not seen in more than a year. The cryptocurrency ALGO has experienced an increase of 64% in the last seven daysrising from $0.28 to $0.52. This rally has taken its market … Read more

XRP and USDT, the battle for third place in the top cryptocurrencies

Over the weekend, XRP, Ripple’s cryptocurrency, experienced a significant increase that led it to surpass the USD 2 barrier in its price. This rise led XRP to directly confront Tether’s USDT in the fight to remain the third most valued cryptocurrency on the market. The market capitalization of USDT remained stable, with a value of … Read more