Bitmain launches less efficient and powerful Bitcoin miners than previous versions

The miners have a hashrate of 319 TH/s and 216 TH/s, respectively. The mining equipment will be delivered between the first and second quarters of 2025. Bitmain announced this Wednesday, October 9, at the Bitcoin Amsterdam 2024 event, two new Bitcoin miners, the S21+ Hyd and S21+ ASICs. These devices have hashrates of 319 TH/s … Read more

Argentina consolidates itself as the country that uses cryptocurrencies the most in Latin America

After several years in which the leader in adoption in Latin America was Brazil, in 2024 the first place as the country that uses cryptocurrencies the most in the region went to Argentina. As indicated by the recent Chainalysis statistics, with figures for the period from June 2023 to June 2024, the volumes of transactions … Read more

Tomorrow will be a Thursday of high volatility for the price of bitcoin

Demand for bitcoin (BTC) has been declining this week as an inflation report from the major financial power approaches. This is the consumer price index (CPI) of the United States. This report will be published tomorrow, Thursday, October 10, at 12:30 PM (UTC), something that could stir volatility in financial markets. Lower inflation would imply … Read more

“The truth is that we will never find Satoshi.”

Software developer Peter Todd has categorically rejected an HBO documentary’s claim that he is the creator of Bitcoin, Satoshi Nakamoto. In one post onTodd said: “The truth is quite simple: there are hundreds, even thousands of people who could have created Bitcoin. “We are not going to find Satoshi.” The documentary “Electronic Money: The Mystery … Read more

‘Holding cash now can cause you to miss out on gains from other assets’: JP Morgan

Saving in dollars (USD) has never been the best option, considering that other financial assets offer greater profitability despite their risk. However, this particularity has greater relevance with the current macroeconomic environment, according to a report from the JP Morgan bank, made by Kenneth Datta, global investment strategist. “Holding cash during an interest rate cut … Read more

70,000 bitcoins on verge of liquidation after US seizure dispute

The bitcoins, estimated at USD 4.4 billion, are claimed by the firm Battle Born Investments. The firm had appealed to the US Supreme Court in order to recover the BTC. At the start of its annual session, the Supreme Court of Justice, the highest court in the United States, refused to review an appeal related … Read more

Santander sees El Salvador’s external debt repurchase offer as very positive

Following the launch of the bond buyback of El Salvador’s external debt, announced last Friday by President Nayib Bukele, Santander Corporate & Investment Banking, the business division of the Spanish bank Santander, described the offer as “very ambitious.” In a report titled “El Salvador: willingness to pay” that was shared by Bukele in Xanalysts at … Read more

speculations about Satoshi are dangerous, disrespectful “and it is fiat”

Mallers believes that Nakamoto did not invent Bitcoin, he simply discovered it. Warning that the HBO documentary could endanger anyone who is mentioned. Jack Mallers, CEO of Strike, asked the Bitcoin community to respect Satoshi Nakamoto’s wish to maintain his anonymity. Mallers believes that any attempt to reveal Nakamoto’s identity is not only disrespectful, but … Read more

Crypto.com hits back at the SEC “to protect the future of cryptocurrencies”

The platform believes that the SEC has expanded its jurisdiction beyond legal limits. “We seek to stop the SEC’s illegal actions that exceed its authority and violate the law,” they say. This Tuesday, October 8, Crypto.com filed a lawsuit against the United States Securities and Exchange Commission (SEC), seeking to protect the future of the … Read more