It is estimated that El Salvador’s bitcoin reserves have 6,177 BTC. At the time of writing, bitcoin is valued at $102,659. Bitcoin made history. The recent rise in the price of the leading cryptocurrency to over $100,000 pushed El Salvador’s reserves to a new record. According to data from the Nayib Bukele Portfolio Tracker website, … Read more
Bitcoin (BTC) exchange-traded funds (ETFs) experienced outstanding performance over the past five days. In this short period, ETFs accumulated capital inflows totaling $2 billion, triggering a historic rise in the price of the underlying asset, taking it to over $100,000. The following graph shows the behavior of BTC in the last week: Bitcoin (BTC) price … Read more
The price of bitcoin (BTC) reached $100,000 and in Germany some are complaining. In mid-2024, the government of that country decided to sell the 50,000 BTC that it had seized for alleged criminal activities, passing up the opportunity to obtain higher returns or create a reserve of that asset. The sales strategy began on June … Read more
CEDEARs are not subject to income tax. When investing in ETFs, you don’t actually own the underlying asset but rather a stock. BYMA and Banco Comafi have presented new Argentine certificates of deposit (CEDEAR) ETFs, which include digital assets for the first time. Starting tomorrow, December 5, Argentine investors will be able to access the … Read more
The businessman says that they want to unite the capital market and the bitcoin ecosystem. Saylor compares bitcoin’s volatility to the “fire” Henry Ford used to create the engine. MicroStrategy CEO Michael Saylor downplayed bitcoin’s volatility, explaining that it is part of the natural behavior of the market’s leading cryptocurrency. “Bitcoin volatility is like fire. … Read more
This Wednesday, the NGO Bitcoin Argentina issued a statement against the project of the National Securities Commission (CNV) to create a registry of digital asset service providers (PSAV). The NGO argues that this registry introduces “distortions and inefficiencies” in the market. According to the NGO, the registry poses “great risks.” How the new regulation could … Read more
Ether (ETH), the cryptocurrency of the Ethereum network, is experiencing a notable rebound that allowed it to return to trading at $3,800, its highest price in 5 months. The quote of the second most valuable cryptocurrency on the market increased more than 6% during the last week and now it sets its sights on breaking … Read more
New York Mayor Eric Adams mocked those who questioned his decision to receive his first three paychecks in bitcoin (BTC) during a press appearance on Tuesday, December 3. Adams took the opportunity to highlight how the United States is falling behind in the development of new technologies. “Many of you laughed at me when you … Read more
The president of Russia, Vladimir Putin, participated in a panel where he evaluated new technologies that prevent the prohibition of payments. Putin stated that bitcoin (BTC) and cryptocurrencies will develop in one form or another, highlighting their ability to reduce costs and increase the reliability of transactions. “Who can ban bitcoin? Nobody. And who can … Read more
The amount mobilized includes 5,024 ether and 13.5 million BUSD. The transfers came amid the altcoin rally. Around $33.6 million in cryptocurrencies moved from US government wallets on November 3. These are addresses where part of the funds confiscated after the collapse, in 2021, of the FTX cryptocurrency exchange and the Alameda trading firm are … Read more