According to data released by SWIFT, the use of the euro as a settlement currency for international payments has fallen significantly. Its utilization share has decreased by 6.83% compared to…
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Bitcoin News
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Bitcoin News
Expert Insight: Cryptocurrency Mining Accounts for Nearly 1% of Russia’s Energy Resources
by skolnesAlexey Zhikharev, director of the Renewable Energy Development Association (REDA), revealed that cryptocurrency mining accounts for almost 1% of Russia’s energy consumption. He stated that as the industry grows, miners…
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Tether Bitcoin reserves surge after a $705 million deposit. It expands investments into new sectors like agriculture and renewable energy. Tether has recently received a large Bitcoin deposit of 7,629…
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Bitcoin News
Latam Insights Encore: El Salvador’s Bitcoin Push Persists, Undeterred by IMF Deal
by skolnesWelcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines the defiant stance of El Salvador’s…
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Bitcoin News
MicroStrategy Acquires 2,138 BTC for $209 Million, Boosting Bitcoin Holdings
by skolnesMicroStrategy acquires 2,138 BTC for $209 million, boosting its Bitcoin holdings and influencing market trends, led by Michael Saylor. In a significant move, MicroStrategy has acquired 2,138 BTC for $209…
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According to the Hyper Foundation, the organization associated with the Hyperliquid ecosystem, users can now stake HYPE on the network. The foundation detailed that users can stake HYPE to a…
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Jordan’s Council of Ministers has approved the Jordanian Blockchain Technology Policy for 2025, aiming to enhance government services, transparency, and digital security. Key objectives of the policy include improving confidence…
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Bitcoin News
Malaysia Cracks Down on Unregistered Crypto Exchanges: Bybit Ordered to Halt Operations
by skolnesMalaysia has ordered Bybit to halt its crypto exchange operations in the country, as regulators crack down on unregistered platforms. Bybit Faces Enforcement in Malaysia Over Unregistered Crypto Exchange Operations…
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Russia is set to make the digital ruble mandatory for banks and large merchants by 2025, pushing widespread adoption through universal QR code payments. Russia Moves to Mandate Digital Ruble…
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Bitcoin News
Hyperbitcoinization and Supercycle Hype Heats Up: Is Bitcoin’s Four-Year Cycle Dead?
by skolnes2024 has been a banner year for bitcoin, and this weekend on Reddit, the crypto community dove into a lively debate about the leading digital currency’s cycles. Bitcoin enthusiasts pondered…