Bitcoin (BTC)

Litecoin started a steady increase above $90 against the US Dollar. LTC price is now trading above $90 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $91 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair remains supported for more gains unless there is a clear move below $87.20. Litecoin price is correcting gains from $98 against the US Dollar, similar to Bitcoin. LTC price could continue...

Bitfinex became the first cryptocurrency exchange to be registered as a Digital Asset Service Provider (DASP) by the regulators of El Salvador. The Latin American country is a pioneer in the industry, embracing bitcoin as a legal tender in 2021. Under the rule of President Nayib Bukele, it purchased amounts of the primary cryptocurrency on a macroeconomic level and launched numerous BTC-related initiatives. ‘Delighted to Be the First’ In a recent blog post, Bitfinex described...

Argentina’s securities regulator – the National Commission of Value (CNV) – reportedly authorized the local exchange Matba Rofex to launch regulated Bitcoin index futures contracts.  Argentines have recently shown rising interest in the primary cryptocurrency and other digital assets. One factor behind the surging appetite could be the concerning inflation rate in the country and the political instability.  Additional BTC Options for the Locals The BTC index futures contracts...

Deux régimes d’organisations de la production économique Commençons par un petit rappel théorique. Tous les groupes sociaux ayant des interactions économiques (production, transactions…) peuvent être décrits comme des réseaux de plus ou moins grandes pyramides hiérarchiques (chef(s), sous-chef(s), exécutants…) selon leur degré de centralisation. C’est notamment le cas des entreprises ou des associations. Dans le cadre d’une...

Fed watchers expect the American central bank to raise the federal funds rate by 0.25 or 0.50 percent. The CME Fed Watch tool has notched up to anticipating a 0.50 interest rate hike in the Fed Funds rate, with a 72% probability of at least a 0.25 hike at the next meeting. The Yahoo Finance Live team reported Monday: The Fed has a big decision to make at its next meeting on May 2 to 3. The probability of another 0.25% hike is now at 72%. And that’s according to the CME Fed...

Binance – the world’s largest and most popular crypto exchange – is unveiling a new prepaid crypto-based credit card to be utilized by consumers in regions like Colombia. The New Binance Card Will Be for Latin American Use The South American nation has become one of the biggest adopters of bitcoin and other digital currencies in recent years. It is the third most active member of Latin America when it comes to crypto trading and related activities. Number one is...

« C’est avec une immense fierté que nous vous annonçons la deuxième édition du Paradigme Bitcoin, un des événements majeur en Suisse qui gravite autour de ce moyen d’échange de valeur révolutionnaire ! Porté par le succès de sa première édition, ce nouveau millésime se veut encore plus riche et varié. » L’événement se déroulera le vendredi 30 juin 2023 à La Chaux-de-Fonds dans le canton de...

The legendary US investor and an outspoken critic of cryptocurrencies – Warren Buffett – launched another bashing manifest against bitcoin, classifying it as a “gambling token.”  He argued that most people invest in it in search of “easy money,” alerting that the pursuit of getting rich in a short period of time hides its risks. Throwing Stones at Bitcoin… Again Although bitcoin has soared by over 80% YTD amid the massive financial uncertainty, some people might never change...

Republican governor Kristi Noem of South Dakota has vetoed a bill that would have established a central bank digital currency (CBDC) as a legitimate form of money without recognizing assets like BTC and Ethereum. Kristi Noem Shoves the Bill Aside In a recent statement, Noem commented: At this moment in time, such a government-backed electronic currency has not yet been created. More importantly, South Dakota should not open the door to a potential future overreach by the...

A Bitcoin futures index in Argentina is a huge relief as the country is currently struggling with high inflation. CNV, The securities regulator in Argentina, has approved a Bitcoin futures index on a local exchange. Following the approval, the Bitcoin futures index will launch in Argentina in May on Matba Rofex. The exchange got the green light to roll out the Bitcoin futures next month, boasting as the first Latin American exchange to onboard such a product. Authorizing the Bitcoin-based...