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El Salvador and Cathie Wood talk about Bitcoin-powered economic growth


El Salvador’s President, Nayib Bukele, has joined hands with Cathie Wood, the Chief Executive Officer of Ark Invest. The idea is to explore the potential unique qualities of Bitcoin and blockchain technology to boost the country’s economy. The impact of their collaborative efforts is expected...

Mt. Gox shifts approx $9.6B BTC to an unidentified address


As per data released by Arkham Intelligence, there has been a major shifting of approximately $9.6 billion worth of Bitcoin by Mt. Gox to an unidentified address, which includes 42,830 BTC worth $2.9 billion, via its inactive wallet.   The now worthless Bitcoin exchange, which degenerated in 2014...

El Salvador authorities discuss Bitcoin with Argentinian regulators


El Salvador authorities are in talks with Argentinian regulators about Bitcoin adoption. The news was confirmed by the CNV (National Securities Commission of Argentina). According to an official notice, the CNV confirmed that top officials from both parties had a meeting recently. The parties...

MicroStrategy chairman deems Ethereum ETF approval good for BTC


MicroStrategy chairman Michael Saylor recently reiterated that the spot Ethereum ETF approval is good for Bitcoin.  Saylor thinks that the approval will entice institutional investors to cryptocurrencies. During an interview on X, the chairman talked about the approval. During the interview, Saylor...

Argentinian Regulators Talk Bitcoin with El Salvador Authorities


Argentinian regulators have been talking to their counterparts in El Salvador about Bitcoin (BTC) adoption, the National Securities Commission of Argentina (CNV) confirmed this weekend. The post Argentinian Regulators Talk Bitcoin with El Salvador Authorities appeared first on Cryptonews

Fidelity’s Bitcoin holdings surpass the $150,000 mark


The market value of Fidelity’s FBTC holdings surpassed $10 billion, and they surpassed $150,000 Bitcoins. The daily net inflow of $19.1224 million was observed in Fidelity’s spot Bitcoin exchange-traded fund FBTC, as indicated by the Golden Finance report.  The current cumulative...

Ethereum ETF buzz increases Bitcoin mining challenge


On May 23, the Bitcoin mining world experienced a significant change. The difficulty of mining increased by 1.5%, reaching a record high of 84.4 trillion. This is important because it indicates the increased computational power needed to obtain new blocks of Bitcoin. Furthermore,...

BlackRock’s IBIT leads record Bitcoin ETF inflows


With the US SEC on the verge of approving ether-based exchange-traded funds (ETFs), the focus shifts to skyrocketing Bitcoin tracking instruments. Some of the leading products in this context are Blackrock’s iShares Bitcoin Trust (IBIT), Fidelity’s  Wise Origin Bitcoin Fund (FBTC), and Grayscale’s...

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