Bitcoin, crypto firms move to El Salvador, but success rides on banking access
El Salvador aims to become LATAM’s crypto Silicon Valley, but these aspirations hinge on better relations with US banks.
El Salvador aims to become LATAM’s crypto Silicon Valley, but these aspirations hinge on better relations with US banks.
This week’s business newsletter explores Goldman Sachs’ U-turn on digital assets after the investment bank purchased Bitcoin and Ether ETFs.
According to an analysis from VanEck, US states with pending strategic reserve legislation could drive $23 billion of demand for Bitcoin.
In 2021, China implemented a sweeping ban on cryptocurrency mining, citing environmental concerns and the need to reduce carbon emissions. This decision led to a notable dip in the cryptocurrency markets, yet the true motivations behind the ban appear more complex. While the government emphasized its commitment to reaching carbon goals by 2050, evidence suggests … Read more
The crypto market has witnessed significant shifts this week, with established tokens NEAR and CAKE facing headwinds while BitLemons ($BLEM) continues to attract major investor attention. With its revolutionary GambleFi protocol targeting the $450B casino market, BitLemons has already secured an impressive $1 million in private seed funding, drawing significant interest from experienced DeFi investors. … Read more
Kaito AI has introduced KAITO, a cryptocurrency token designed to decentralize and optimize the attention economy through an AI-powered information finance network, according to a white paper released Tuesday. New White Paper Proposes KAITO Token as Fix for Broken Attention Markets According to Friday’s announcement, the KAITO token will serve as the foundational currency for … Read more
Bitcoin is currently priced at $98,689, with a market capitalization of $1.95 trillion, a 24-hour trading volume of $29.58 billion, and an intraday price range between $95,426 and $98,900, showing signs of consolidation across multiple timeframes. Bitcoin Friday’s daily chart shows that bitcoin (BTC) recently reached a high of $109,356 before experiencing a strong pullback, … Read more
Bitcoin (BTC) could see a turnaround this weekend after six consecutive weekends of negative returns, according to Standard Chartered head of digital assets research Geoffrey Kendrick. In a research note shared with CryptoSlate on Feb. 14, Kendrick highlighted Bitcoin’s recent pattern of weak weekend price action, with every weekend since early January posting negative returns. … Read more
Bitcoin price faces pressure as $651 million in spot BTC ETF outflows lead traders to focus on the $95,000 support.
Soaring crypto trading volumes drove higher-than-expected revenues and profits for the exchanges.