His supporters chanted “five more years”, and he accepted their request to run for El Salvador's next presidential term. And yet, his political opponents have never accepted the legalization of bitcoin. Let alone this second term at the head of the country. But Nayib Bukele, who is used to seeing things through, persists.
Although criticized for its carbon footprint, crypto mining, and bitcoin mining in particular, is a profitable business. It is dominated by large, financially powerful companies. But the operation remains accessible to a handful of independents, some of whom are renowned for their efficiency.
In a recent report, the UN looks at the energy consumption of Bitcoin, highlighting a close link between the price of BTC and its energy consumption. But what is the reality?
The BRICS have officially decided to leave the dollar. In the meantime, the question of the currency's use in settling international transactions seems to be a point of contention between the member countries. Here's what it's all about.
The unprecedented boom in options on the Ethereum crypto (ETH) has taken many in the ecosystem by surprise. ETH option block volumes recently passed the impressive threshold of $250 million. Behind this figure lies a complex phenomenon, tinged with both opportunities and challenges.
Stablecoins, much like crypto assets, do not enjoy unanimous support from governments. Even though stablecoins appear to offer more security, Japan is grappling with a crucial question: are they as reliable as they seem? And in case they are not, how can greater security be ensured in the sector?
China's hegemonic ambitions in the economic sphere have been well-known. The desire of the Asian giant and its BRICS partners to move away from the dollar is essentially an expression of this ambition. This ambition has recently seen progress involving the euro, the currency used in the European area.
In the frenzied race for asset dominance, Bitcoin, once a marginal cryptocurrency, has written a new chapter in history by surpassing Tesla. This unexpected turn challenges the established order and echoes the tumultuous movements of the global financial ecosystem.
Enabling the creation of private accounts in Ethereum is the goal of Nocturne Labs. In a seed funding round that raised $6 million, the specialist in anonymous transactions received support from several notable entities, such as Robot Ventures, Bankless Ventures, and more. To the surprise of many, Vitalik Buterin, co-founder of Ethereum, reached into his pocket to support the project.
Elon Musk is certainly one of the most prominent visionaries in the tech ecosystem. He believes that this industry, vital for the American economy, is unduly burdened by unsustainable regulatory pressure. While the tech sector is more dynamic than ever, the businessman is calling for deregulation policies. At the same time, the CEO of X wants to put an end to the proliferation of crypto-bots.
Binance, one of the leading cryptocurrency exchange platforms, is facing a technical obstacle. Cryptocurrency withdrawals are temporarily suspended, causing concern among users. What exactly is happening?
After coming perilously close to the worst during the crypto exchange FTX's fall, Solana has skyrocketed in the charts. Staking the Solana (SOL) cryptocurrency, which is now one of the top-performing cryptos of 2023, has generated over 200% in profits throughout the year. A performance that completely outshines that of its competitor, Ethereum.
"The Bitcoin Spot ETF is a financial product that allows investors to access the Bitcoin market without directly owning the cryptocurrency. According to a study by Galaxy Research, the Bitcoin ETF could experience tremendous success in the years to come. Details below!
On Monday October 23, the Depository Trust and Clearing Corporation (DTCC) had listed BlackRock's iShares Bitcoin Trust (iBTC), to which it had added the ticker. This symbol, used to identify the asset manager's ETF, was withdrawn on Tuesday October 24. The latest news confirms the relisting of BlackRock's Bitcoin ETF.
The crypto industry is rocked by a series of major departures at Binance, one of the key players in the sector. These resignations, including that of the head of Binance UK and the director of Binance France, reflect the turbulence the crypto company is currently facing. Let's delve into the behind-the-scenes of these departures.
A Chinese multinational has just made its first-ever purchase of oil using the digital yuan (CBDC). The petrodollar is facing challenges.
The rapid rise of Bitcoin has not only been a windfall for optimistic investors. It has also triggered an unexpected wave of liquidations, hitting hard traders who had bet on a drop in the digital currency. A true earthquake in the volatile world of crypto, where nothing is ever truly predictable.
Bitcoin, the digital currency often seen as the barometer of the entire crypto market, has seen a meteoric rise. But what are the reasons for this rise, and what are the stakes for the future?
New York investment bank Morgan Stanley suggests that bitcoin is slowly entering a bull market.
Binance réalise régulièrement des travaux de maintenance opérationnelle des cryptos disponibles sur sa plateforme d’échange crypto. La plus récente activité de ce genre en date a concerné la crypto Tron, effectuée mercredi 18 octobre dernier.
Today, within the Eurasian Economic Union, economic transactions are settled with national currencies, which are increasingly overshadowing the dollar. Most economic exchanges involving Russia are now conducted in rubles. The euro and the dollar are undergoing displacement. This transformation in the global financial landscape cannot go unnoticed. The possibility of a common commercial currency emerging within the BRICS is back at the center of discussions. In a recent interview, Russian economist and politician Sergei Glaziev dropped a bombshell: a common BRICS currency is inevitable. Details.
MicroStrategy, long seen as a Bitcoin stalwart, is actually eclipsed by an elusive player, Block.One. But who is this giant lurking in the shadows?
After outlining a comprehensive strategy to spearhead the development of blockchain-powered tools and Web3 solutions that leverage and extend the reach of emerging AI technologies, MultiversX, the leading layer-1 smart contract platform, has announced a strategic partnership with Google Cloud, the global public cloud leader, renowned for exceptional artificial intelligence…
Bitcoin has never ceased to fascinate, intrigue, or even perplex. Its ecosystem is vast and complex. The recent decision by the main developer of the Lightning Network, Antoine Riard, to reveal a vulnerability and step down sheds a harsh light on the challenges and dilemmas of this universe. Let's delve deeper into it.
In the crypto sphere, some actors stand out from the crowd with their ingenuity and performance. One of them is MakerDAO, which recently made a significant impact by achieving a record annualized revenue. But what lies behind these impressive figures? A Meteoric Rise in Crypto While the crypto industry is…
Ensuring that the digital euro doesn't become a tool for surveilling Europeans. This is, in a way, the wish of the European Data Protection Board (EDPB) and the European Data Protection Supervisor (EDPS). These entities have recently called on the EU to establish a “privacy protection threshold” for cryptographic transactions in the euro. Let's take a closer look!
China has formally expressed its opposition to the rise of cryptocurrencies. In a recent detailed economic statement, the Middle Kingdom reaffirmed this stance and announced its determination to toughen its position on the matter.
Since June, bitcoin (BTC) had been struggling to reach the $30,000 valuation mark it had reached a few months earlier. Now it's done it again. In the following lines, we'll explain what's behind this latest upturn in the market for the flagship crypto.
The ascent of cryptocurrency in the modern economic world is undeniable. At the heart of this revolution, XRP, whose reputation is steadily growing, has just received a significant vote of confidence from the Old Continent. The Banque de France appears ready to adopt this token for its digital euro project.
The explosive rise of Bitcoin and crypto in general is undeniable. Among the many harbingers of this new financial era, the announcement by Standard Chartered, a colossal $840 billion bank, to enter the Bitcoin arena is undoubtedly one of the most significant.