“we sold most of our cryptocurrencies”

The net value of the cryptocurrencies and the recognized profit “was irrelevant,” says Reddit. Reddit argues that long-term mass adoption of cryptocurrencies “is uncertain.” Reddit announced to the United States Securities and Exchange Commission (SEC) that it has sold the majority of its accumulated cryptocurrencies. The platform indicated that, since September 30, 2024, “we sold … Read more

Treasury Department recognizes that stablecoins promote redollarization

Fiat-based stablecoins, like the dollar, have shown higher growth, Treasury says. These assets play an integral role in transactions between cryptocurrencies, they indicate. The United States Department of the Treasury published a report this week in which it points out that stablecoins are increasingly choosing to maintain important short-term US Treasury guarantees. The document expects … Read more

A new “Satoshi Nakamoto” appears in London

At a simple event held today in the city of London, the capital of England and the United Kingdom, the true identity of Satoshi Nakamoto, the creator of Bitcoin, was promised to be revealed. On this occasion, Stephen Mollah, a 58-year-old businessman who has already faced accusations for his unfounded claims about his identity, was … Read more

Nobel Prize winner of 1981 explains the phenomenon of memecoins

The memecoiner mass is open, fast and ends in a process of escape of its members. He professes radical pragmatism: the most direct route of power to money. Elias Canetti was a Bulgarian writer, winner of the Nobel Prize in Literature in 1981. He lived most of his life between Germany and Austria. In addition … Read more

BlackRock’s bitcoin ETF broke inflow records

Bitcoin (BTC) exchange-traded funds (ETFs) in the United States reported inflows of more than $893 million, the sixth consecutive day with positive capital flows. However, the salient data of the day is that BlackRock’s financial instrument set a record for money inflows. According to data from SosoValue, More than $872 million entered the iShares Bitcoin … Read more

16 years of Bitcoin, it’s still early

In less than twenty years, Bitcoin managed to become a widely spread technology. It still has a very long way to go to widespread use in society. We are in the 16th anniversary of the publication of the original Bitcoin documentin which the idea was first presented to the cypherpunks email list by Satoshi Nakamoto. … Read more

Popular YouTuber MrBest accused of earning USD 23 million with insider trading

They claim that Mr. Beast made money from more than five cryptocurrency projects. Researchers say they have detected more than 50 secret wallets used for insider trading. YouTuber Jimmy Donaldson, known as Mr. Beast, faces allegations of having earned more than $23 million through insider trading in cryptocurrencies or insider information on digital asset projects, … Read more

Users are seduced by decentralized bitcoin mining

Prior to the DATUM protocol, this pool had an average of 1 block mined per month since June. Users entering this pool in October caused an increase in the hash rate. Since October 2024 began, the pool bitcoin (BTC) mining company Ocean, through its new decentralized mining protocol DATUM (“Decentralized Alternative Templates for Universal Mining”), … Read more

Bitcoin reaches new all-time high in more than 100 currencies

In Venezuela, through Mexico, Vietnam and even Turkmenistan, bitcoin is at its highest. Bitcoin is 2.7% away from marking a new all-time high in dollars. Bitcoin (BTC) has set a new all-time high in over 100 different fiat currencies. From the Mexican peso to the Venezuelan bolivar, passing through the euro and the Japanese yen, … Read more