After 4 years, the Central Bank in Bolivia has officially reversed its 2020 ban on Bitcoin and other cryptocurrencies. The Central Bank of Bolivia (BCB) announced on June 26 that it permits financial institutions to engage in cryptocurrency transactions via authorized electronic channels, line up with neighboring Argentina’s more permissive
Bitcoin (BTC) has displayed significant fluctuations as the cryptocurrency community grapples with the implications of major market activities. The German government has been actively selling off substantial amounts of Bitcoin, adding considerable pressure to the market. According to the data from Arkham Intelligence, Over $195 million worth of Bitcoin sold
According to statistics compiled by CryptoQuant, the reserves held by Bitcoin miners have fallen to levels not seen since 2021. The value of the reserve that miners have not yet sold reveals the amount of bitcoin held by linked miner wallets; the quantity itself represents the reserve. After beginning the
As far as the Cardano ecosystem is concerned, its founder Charles Hoskinson expects a big event to take place around June. According to Hoskinson’s June 9 X announcement, Cardano Node is expected to reach version 9.0 this month, and the Chang fork is coming soon. This signifies that 70% of
Cardano has been trapped within a tight trading range, despite repeated efforts by bulls to initiate a bullish rebound. While Bitcoin’s price has surged past the $70,000 mark, gaining significant momentum, the altcoin market has not exhibited any promising signs, resulting in a consolidation of ADA’s price. However, analysts remain
El Salvador’s president, Nayib Bukele, and ARK Invest CEO, Cathie Wood, are working together to investigate how Bitcoin (BTC) may improve El Salvador’s financial markets and encourage innovation in technology. Joining forces like this might help El Salvador attract investors from across the world and boost its economy as it
Victoria, Seychelles, 23rd May 2024, Chainwire
Sam Altman’s Worldcoin has accomplished yet another great feat. The fact that the organization has expanded its World ID verification program to Peru demonstrates its determination to increase its influence throughout the world. With the support of Worldcoin’s Orb verification—an essential part of World ID verification—the project has made great
Kraken UK Managing Director Bivu Das said that Bitcoin ETFs should “absolutely” be introduced to the UK. Das said that a lot has happened since the UK banned such products in 2021 during an interview at the London Digital Asset Summit. Das stated: “And if anything, some of those concerns
A problem with the XRP Ledger’s Automated Market Maker (AMM) pools was brought to light by RippleX, the company’s development arm. Management has notified customers about fund deposits since this malfunction impacts transactions and pools. A twitter post states that the technical team at RippleX has found a problem with
