Elon Musk, owner of the social network X, recently pointed out during the X Takeover event that he does not promote cryptocurrencies, and that any project on the subject that involves his name on social networks is a scam.
Musk indicated that he certainly sees great potential in Bitcoin, but that…
Read More...
Browsing Tag
cryptocurrencies
Losses in cryptocurrencies due to hacks during the month of July amount to $266 million
Through 16 attacks in the month of July, cryptocurrency hackers were executed, causing losses amounting to $266 million.
According to reports, on July 8, the Indian exchange WazirX lost more than $230 million after a hacker attack. This…
Russia will legalize crypto mining starting in November
The Russian State Duma approved a law that will allow crypto mining in the country from November 1 and will create the relevant regulatory framework for the trading of digital assets.
From then on, cryptocurrency mining will be legal in…
Bitcoin is approaching $70,000
The price of Bitcoin could soon reach $70,000 to break out of a downward trend that has lasted for almost two months, according to market analysts.
The top cryptocurrency in the area is currently trading at $69,600. Bitcoin investors and…
JPMorgan predicts a boost in the value of Bitcoin in August
The cryptocurrency market and specifically Bitcoin would experience a new boost in the month of August, according to JPMorgan analysts.
Currently, the main cryptocurrency on the market is facing bearish pressure that has prolonged a…
France authorizes investment in Bitcoin for retirees
France authorized investing in Bitcoin for retirees, through an alliance with VanEck Europe, with the creation of an exchange-traded fund.
People who retire, ceasing their work activity, will then be able to invest in Bitcoin as a savings…
Cryptocurrencies are used as a savings reserve in Venezuela
Venezuela is no stranger to the use of cryptocurrencies, but given the problems in carrying out transactions, citizens use these digital assets as a savings resource.
Although the South American nation has experienced a slowdown in…
El Salvador will reach a 4 % economic growth driven by Bitcoin
El Salvador's economic growth projection for the remainder of 2024 was estimated at 4 %, leveraged by Bitcoin, according to the Central Reserve Bank.
Legal tender cryptocurrencies in the Central American nation join tourism and private…
Remittances in cryptocurrencies to Venezuela increased
Venezuela's economic situation, marked by inflation, has driven the increase in the sending of remittances in cryptocurrencies to the country.
Another of the compelling reasons for a rebound in this alternative is the difficult access to…
Bitcoin mining gained profitability in June
During the month of June, Bitcoin mining showed greater profitability compared to May. The price of the main cryptocurrency on the market experienced an increase of 2 %.
On the other hand, the network's hashrate fell 5 % as the market…
Bolivia enabled purchase and sale operations with cryptocurrencies
The government of Bolivia authorized the use of cryptocurrencies for buying and selling, with the purpose of boosting the local economy.
After a moment of tension experienced by irregular military movements on June 26, the government of…
State of Louisiana prohibits use of CBDC
On August 1, new rules for crypto mining will come into effect in Louisiana, United States, an entity where the use of central bank currencies or CBDCs was prohibited.
The state of Louisiana announced new regulations according to which…