Argentina is leading the adoption of cryptocurrency in Latin America. According to a report titled “Argentina Crypto Capital,” produced by Lemon, a leading exchange in the country, four of every ten cryptocurrency apps in Latam are being used by Argentines, with over 70% of the deposits processed by the exchange corresponding to USDT, Tether’s dollar-pegged […] Source: https://news.bitcoin.com/lemon-report-argentina-leads-crypto-adoption-in-latam-tether-dominates-stablecoin-sector/
Month: February 2024
Peruvian Stock Exchange Announces Bitcoin Spot ETF Listings
The Lima Stock Exchange, the main Peruvian exchange, announced the inclusion of three different bitcoin spot ETF instruments in its trading platform. Ishares Bitcoin Trust (IBIT), Vaneck Bitcoin Trust (HODL), and Invesco Galaxy Bitcoin (BTCO) will be the instruments made available for Peruvians, which come to diversify the investment options for traditional investors in the […] Source: https://news.bitcoin.com/peruvian-stock-exchange-announces-bitcoin-spot-etf-listings/
Bitcoin.com Ushers in New Leadership Era with Corbin Fraser as CEO
In a significant development for Bitcoin.com, a trailblazer in the cryptocurrency domain, the company announces the resignation of its CEO, Dennis Jarvis, and the welcoming of Corbin Fraser as the new Interim CEO. This leadership change marks a new chapter in Bitcoin.com’s journey towards making cryptocurrency accessible and usable for everyone, everywhere. During his tenure […] Source: https://news.bitcoin.com/bitcoin-com-ushers-in-new-leadership-era-with-corbin-fraser-as-ceo/
CBDC Anti-Surveillance State Act Back in the Senate
The CBDC Anti-Surveillance State Act has been reintroduced in the Senate with the support of five U.S. senators. “As Americans face the prospect of an increasingly weaponized government, ensuring financial privacy is pivotal,” said one senator who supports the bill. A central bank digital currency (CBDC) “would open the door for the federal government to […] Source: https://news.bitcoin.com/cbdc-anti-surveillance-state-act-back-in-the-senate/
Peter Brandt Raises Bitcoin Price Target to $200,000 for the Current Bull Market Cycle
Veteran trader Peter Brandt has provided an update on his bitcoin price prediction. He explained that the price target for “the current bull market cycle” scheduled to end in Aug/Sep next year has been raised from $120,000 to $200,000. Peter Brandt on Bitcoin Bull Market Cycle Peter Brandt provided an update on his bitcoin price […] Source: https://news.bitcoin.com/peter-brandt-raises-bitcoin-price-target-to-200000-for-the-current-bull-market-cycle/
$30 Billion Investment Platform Approves 4 Spot Bitcoin ETFs for Clients
Carson Group, an investment platform with $30 billion in assets under management, has reportedly approved four spot bitcoin exchange-traded funds (ETFs) on its platform. The approved funds include Blackrock’s Ishares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC). “We feel it is important to offer these products as a result of two of […] Source: https://news.bitcoin.com/30-billion-investment-platform-approves-4-spot-bitcoin-etfs-for-clients/
Scaramucci Touts Bitcoin Alongside Gold, Counters Jamie Dimon on Risk
JP Morgan CEO Jamie Dimon said he is concerned over current fiscal policies and skeptical about the market’s optimism for a “soft landing.” And while he never mentioned Bitcoin—he promised he wouldn’t—American financier Anthony Scaramucci said Dimon’s risk-averse comments suggest that he needs to ”do more homework” on the digital asset. It started with an inflation-focused interview with CNBC at…
Russia Hints at Development of CBDC-Based BRICS Bridge Payments System
Russia has proposed the development and implementation of a BRICS-wide payment system that would use central bank digital currencies (CBDCs) to manage trade settlements. The BRICS bridge, as referred to by Russian Finance Minister Anton Siluanov, would address the fragmentation of the current payment system outside the West’s “unfriendly infrastructure.” Russia Hints at Using CBDC […] Source: https://news.bitcoin.com/russia-hints-at-development-of-cbdc-based-brics-bridge-payments-system/
Bitcoin Ordinals Trading Is Surging With Halving Just Two Months Away
As Bitcoin’s price rockets, the NFT-like Ordinals are staging a quiet comeback, with sales cross major Ordinals marketplaces crossing $19.7 million on Monday. More than $14 million in sales have taken place today, according to data from CryptoSlam. The number has shot up since the start of the month, when daily trading volume was between $5-$6 million. But it still…
Other Page Brings Enhanced Web3 Profiles to Magic Eden NFT Marketplace
Other Page and Magic Eden have announced a collaboration that aims to reinvent profiles within the marketplace by enabling users to customize their avatars and showcase their full Web3 legacy across all of their wallets and communities. Other Page’s goal is to simplify profile creation by introducing a universal profile to flex the lore, IP licenses, lineage, club or guild…