The Central Reserve Bank (BCR) reports that El Salvador experienced a 33 % decrease in the receipt of remittances through cryptocurrency wallets from January to October 2023 compared to the same period of the previous year.
During the first ten months of 2023, the Central American country received…
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Bitcoin is already an asset of global relevance
In a recent interview on Fox Business, prominent podcaster Natalie Brunell expressed her joy at the recognition of Bitcoin as a globally relevant asset in the financial field. This achievement represents a kind of financial citizenship…
Swiss bank offers custody of bitcoin and ether
Swiss cantonal bank St. Galler Kantonalbank (SGKB) announced the launch of its bitcoin and ether trading and custody service in strategic partnership with SEBA Bank.
The SGKB is the fifth-largest cantonal bank in the European country. The…
Number of bitcoin ATMs in the world falls to lowest level
The adoption of cryptocurrencies in the world is going quite well globally. However, the number of bitcoin ATMs is experiencing a different reality, with a marked reduction.
According to Brandon Mintz, CEO and founder of Bitcoin Depot…
Withdrawals in cryptocurrencies amount to about $500 million
Over the past few months, the flight of investment capital from crypto funds has been a growing concern in the sector. Indeed, in the last nine weeks, it is estimated that around $500 million has been withdrawn.
According to data provided…
Analysts predict price crisis for Bitcoin in 2024
The cryptocurrency analyst company Seth Fin, taking into account the fluctuations that the price of Bitcoin has had in recent months, predicts what they define as a “storm” in 2024.
The firm noted on its account on the social network
But…
Delaware bankruptcy court approved FTX digital assets sale
In a landmark decision issued on September 13, Judge John Dorsey of the Delaware Bankruptcy Court gave the green light to the sale of FTX's digital assets. The original order underwent significant changes the day before the hearing, marking…
Cryptocurrency remittances fall 26.5 % in El Salvador
The receipt of remittances through cryptocurrency wallets in El Salvador experienced a significant decrease of 26.5 % during the first half of 2023, according to data from the Central Reserve Bank.
Official figures show that between…
Ethereum will surpass Bitcoin in the long term
The "Q2 2023 Signals Report" by Fidelity Digital Assets, which was published on July 18, presents an optimistic outlook for Ethereum both in the coming year and in the long term. Although the investment firm shows short-term bullish…
Latin America at the forefront of CBDC adoption
Latin American and Caribbean countries are directing their economies towards the adoption of cryptocurrencies and CBDC, as an escape route from international sanctions, inflation, the devaluation of their official currency, among other…
Bitcoin has entered the colorful world of Minecraft blocks
Fans of one of the most popular and successful video games of all time now have the ability to earn Bitcoins while playing the game, thanks to a collaboration between Satlantis, a community-operated Bitcoin-themed Minecraft server, and…
Bitcoin joins the digital real pilot program backed by the Central Bank of Brazil
The Central Bank of Brazil (BCB), the entity in charge of formulating monetary policies in the South American country, this week authorized the participation of Mercado Bitcoin, the exchange with the highest volume of operations at the…