Argentina regulators change their view on bitcoin

CNV lawyer classified his participation in the Tech Forum event as “revolutionary.” “The current BCRA board wants to promote the cryptocurrency sector,” says a specialist. With the growing adoption of bitcoin (BTC) and cryptocurrencies in Argentina, regulators’ view of the ecosystem is changing. This was made evident by a conference at Tech Forum, a cryptoasset … Read more

India plans to ban bitcoin because “CBDCs have more advantages”

The Indian government is considering banning cryptocurrencies such as bitcoin (BTC) and ether (ETH), according to sources from institutions and regulators in that South Asian country. The main reason is that Central Bank Digital Currencies (CBDC) can offer “similar advantages” in profit transfers, but without the “risks” associated with cryptocurrencies. According to sources close to … Read more

Ripple Co-Founder Donates $10 Million in XRP to Kamala Harris

Larsen believes Democrats must “take a new approach” to technological innovation. The executive has shown open support for Kamala Harris in her presidential race. Chris Larsen, co-founder of Ripple, donated $10 million in XRP tokens to Vice President Kamala Harris’ campaign. Larsen believes that the Democratic candidate “will ensure that American technology dominates the world.” … Read more

Minneapolis Fed calls for bitcoin ban

The Minneapolis Federal Reserve recently expressed its opposition to bitcoin (BTC), suggesting a “legal ban” on the world’s largest digital currency. This position adds to the criticism of the European Central Bank (ECB), which had already pointed out BTC as potentially “harmful to society.” In a working document prepared by Amol Amol and Erzo Luttmer, … Read more

El Salvador and its adoption of bitcoin stand out as a case study at Harvard

The document was also published by the Sorbonne University in France. Now the Central American country attracts peace and tourism with bitcoin. A recent study by Harvard University highlights the transformation that El Salvador is experiencing, as a country that was known as the “homicide capital of the world” to adopt a new role as … Read more

The company behind Bored Ape Yacht Club launched its mainnet, ApeChain

They released a cryptocurrency trading simulator and it was well received by the APE community. The APE token rose from $0.70 to $1.75. The team behind the famous boring apes Bored Ape Yacht Club and ApeCoin (APE), the native cryptocurrency of the APE ecosystem, announced on October 19 the launch of its mainnet (main network), … Read more

Stripe bought stablecoin platform Bridge

This Monday, October 21, 2024, it was reported that Stripe, the online payments giant, purchased Bridge, a stablecoin platform, for an amount of USD 1.1 billion. The transaction, subject to regulatory approvals, is expected to close in the coming months. Stripe CEO Patrick Collison confirmed the acquisition of Bridge in a message published in X, … Read more

“Bitcoin is on its way to $117,000”: analyst explains the reasons

The current momentum may take bitcoin above $100,000 for the first time. If bitcoin were to fall below $64,000, the bullish thesis could change. With the weekly closing of the price of bitcoin (BTC) above USD 68,000, the possibility of it reaching USD 100,000 has gained more strength. This is despite the fact that it … Read more

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