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 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, 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
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
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
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
Gary Gensler’s departure has boosted the price of XRP. The end of the legal dispute between the SEC and XRP is being an incentive for the price to rise. Ripple’s This increase allowed XRP to surpass BNB and Solana in market capitalization and is now top 4. XRP is up 42% in the last week. … Read more
The National Electricity Administration (ANDE) of Paraguay confirmed that illegal cryptocurrency mining will continue among its priorities to combat electrical fraud in the country. In its Master Management and Control Plan for the Reduction of Electrical Losses 2024-2034 was raised The objective is to reduce electrical losses from the current 28% to 15%. This plan … Read more
XRP, the token issued by the company Ripple Labs, closes November with a notable rebound, recording its largest monthly increase since 2013. That was because in the last 30 days, the asset rose 280%, to become the second most significant increase in its history, since 11 years ago it registered an increase of 531%. At … Read more
The price of ether (ETH) increased by 7.5% in the last 7 days. The BlackRock ETF reported inflows of $250 million. Ether (ETH) exchange-traded funds (ETFs), the Ethereum cryptocurrency, had net inflows of more than $332 million in a single day, marking a record in the history of these financial instruments operating in the United … Read more