Russia to build Bitcoin mining farms in BRICS nations

They assure that they will also work on projects that involve artificial intelligence. The announcement was made within the framework of the BRICS Business Forum, held last week. Russia, through the Russian Direct Investment Fund (RDIF) and BitRiver, the country’s largest mining company, plans to build Bitcoin mining farms in the countries of the BRICS … Read more

Is Bitcoin ready for a new high? Find out in the news summary

After a few complex months with the price trending downward, the price of bitcoin (BTC) seems to have recovered its upward potential this last week, hovering around USD 68,000. With this, hopes grow that the month of October will honor its traditional history and become uptober. There are several signs generating optimism in the market, … Read more

Dogecoin soars due to Elon Musk’s influence

Dogecoin (DOGE), the market’s main meme cryptocurrency, has unleashed a bullish rally in the last week and the catalyst has been billionaire Elon Musk. The relationship between the entrepreneur and the crypto asset continues to be a phenomenon that defies any financial logic, demonstrating that, when Musk speaks, dogecoin responds. In the last seven days, … Read more

DeFi vs. Traditional finance: Substitutes or complements?

Trust is at the heart of both traditional finance and DeFi, says Waller. 170 billion dollars are deposited in thousands of DeFi protocols. In a scenario where technology is advancing by leaps and bounds, decentralized finance (DeFi) has emerged as a powerful and disruptive alternative to traditional finance. But are they really there to replace … Read more

“If you have Ethereum you are in trouble,” warns investor

Ethereum is not going through its best moment, at least in terms of popularity. The network co-created by Vitalik Buterin, who was the undisputed leader within the niche «Turing complete» from 2017 until the bull cycle of 2020-2021, now sees its reign threatened by networks like Solana or Sui, and even by Ethereum layers 2 … Read more

SEC authorizes NYSE to trade bitcoin ETF options

Options trading on Grayscale, Bitwise, Fidelity and ARK ETFs was authorized. Almost a month ago, the SEC approved BlackRock ETF options trading. On the afternoon of this Friday, October 18, the United States Securities and Exchange Commission (SEC) issued two memoranda authorizing the New York Stock Exchange (NYSE) and the Chicago Options Exchange (Cboe) to … Read more

Worldcoin will scan your identity with new software technologies

The Orbs will now have “five times the performance” of previous devices. World reported the launch of its mainnet, World Chain, open to the public. At an event held in the city of San Francisco, California, United States, on October 17, 2024, Worldcoin, which has now changed its name to World, announced the new technology … Read more

11,000 bitcoin options expired and the price is approaching USD 70,000

The expiration of bitcoin options usually generates volatility in the price of the currency. BTC is close to $69,000, after a significant increase this week. This Friday, October 18 at 8:00 am (UTC), 11,000 bitcoin (BTC) options expired on the Deribit exchange, the largest in the cryptocurrency options and derivatives market. This event had a … Read more

BlackRock wants to bring its tokenized fund to Binance and other cryptocurrency exchanges

If BlackRock achieves its goal, BUIDL would be great competition for USDT and USDC. This fact would be a milestone in the integration of cryptocurrencies and traditional finance. BlackRock, the largest financial asset manager in the world, is taking the corresponding steps so that its BUIDL fund (which is tokenized on the Ethereum network) can … Read more

They ask in Panama to accelerate the regulation of bitcoin and cryptocurrencies

Panamanian venture capitalists see it necessary to regulate cryptocurrencies by aligning themselves with the FATF. “Panama has failed to interpret the reality of cryptocurrencies,” say investors. Panama is on the verge of a transformation in its financial market with the possible regulation of cryptocurrencies and the tokenization of assets, according to specialist Alfredo Muñoz. In … Read more