The cryptocurrency lending unit of Digital Currency Group (DCG) has been holding confidential talks with various groups of creditors in the midst of a liquidity crisis. He has warned that he might have to file for bankruptcy if he can’t raise cash, he previously reported. Bloomberg. The representatives of Genesis Global Capital They did not […]
Tag: Bitcoin
Mexico flirts with bitcoin, now in the Senate
Mexico flirt with him bitcoin and curiosity towards cryptocurrency has already set in among politicians. First there were those who are passionate about technology, young entrepreneurs and companies that use it to provide financial services —the Fintechs. Then the full support offered by one of the richest men in the country, Ricardo Salinas Pliegowhich strongly […]
Bitcoin falls 7.3%: cryptocurrencies close the week with losses of US $ 80,000 million
After having reached a weekly rally of 14% this Thursday, the price of Bitcoin fell 7.3% on Friday, March 4, to position itself above US$40,000. The decline comes amid heightened investor uncertainty over the escalation of the Russian invasion of Ukraine. According to a report from the Criptonoticias portal, both the shares grouped in the […]
Cryptocurrencies: how to invest and generate higher returns with Bitcoin, Ethereum and others?
Investing in cryptocurrencies like Bitcoin, ethereum and others has increased in the Peru in recent years; Thus, the use of these digital currencies increased by 13% and in the region it already amounts to 97%. “Although the issue is becoming more widely known, investing in these currencies involves time and commissions in which people, if […]
Fitch downgrades El Salvador’s international rating for bitcoin adoption
The rating agency Fitch Ratings downgraded El Salvador’s long-term international issuer risk ratings (IDR) to “CCC” from “B-“, due to concerns about the concentration of power of President Nayib Bukele and the use of bitcoin as a currency. legal tender in the Central American country. According to a report released by Reuters last week, the […]
US seizes $3.6 billion in stolen bitcoin
U.S announced to have recovered more than 94,000 bitcoins stolen in 2016 from the virtual exchange platform Bitfinex and that are valued today at US $ 3,600 million, a record figure for a judicial seizure. A couple suspected of seeking to launder stolen bitcoins in a “transaction labyrinth of cryptocurrencies” was arrested Tuesday morning in […]
Four reasons bitcoin is tanking: should you buy now?
Bitcoin is down 8.5% since the start of the year, according to data from CoinMarketCap and has lost nearly 40% of its value since its November high. The market capitalization of the grandfather of the cryptocurrency world represents around 40% of the total cash invested in digital currencies and is by far the largest and […]
Bitcoin price rose to US $ 39,000 after the FED decided to maintain interest rates
The United States Federal Reserve (Fed) postponed, this Wednesday, January 26, the increase in interest rates in that country. The announcement will be made in March, as a measure with which they plan to reduce inflation, which in December closed at its highest level in almost 40 years. In a statement, the Federal Open Market […]
Bitcoin will compete with gold as a “store of value,” according to Goldman Sachs
Zach Pandl, analyst at Goldman Sachs, assured that bitcoin could compete with gold as a store of value, if the cryptocurrency continues with its listing streak throughout 2022. In a scenario where digital assets are more widely adopted, Goldman Sachs found that, compared to the nearly $ 2.6 trillion of gold held as an investment, […]
Bitcoin: only 0.01% of users control almost 30% of the cryptocurrency
Concentration of wealth. Only 0.01% of users who own bitcoins control 27% of the offer, a statistic very similar to that of the traditional dollar, which occupies 30% of the total wealth of that country in 1% of the US population. , according to a report collected by The Wall Street Journal. For the report, […]