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 holders are awaiting an increase in its value in the coming…
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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…
Italy to impose fines of USD 5 million for cryptocurrency crimes
Cryptocurrency crimes will be punished in Italy through regulations that establish fines between 5,000 euros and 5 million euros (USD $5,400 and USD $5.4 million).
People who commit crimes “such as insider trading, illegal disclosure of…
Bukele proposes creating private Bitcoin investment banks
Nayib Bukele, president of El Salvador, submitted to the national assembly the proposal to create private investment banks (BIP) that can offer services in both dollars and Bitcoin.
This is a new step by the president, a cryptocurrency…
Cristiano Ronaldo launches new NFT collection
Footballer Cristiano Ronaldo and Binance announced this Wednesday the launch of their fourth NFT collection, called "Forever Worldwide: The Road to Saudi Arabia."
The first round of launch occurred this May 29, with locations such as…