El Salvador’s Bitcoin portfolio swings to profit
The country’s Bitcoin investment has returned to profit after a devastating crypto winter.
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The country’s Bitcoin investment has returned to profit after a devastating crypto winter.
Cryptocurrency exchange ByBit has released its latest quarterly report revealing trading and holding trends of its institutional traders heavy in Bitcoin positive sentiment.
Brazilian bank Itau Unibanco has reportedly launched a cryptocurrency trading service for its clients as part of its investment platform.
Trezor has officially launched its educational program in Africa in addition to funding the local Bitcoin awareness campaign, Bitcoineta, and the Africa Bitcoin Conference.
Bitcoin is now the 10th biggest asset by market cap, following Meta Platforms (formerly Facebook) and Nvidia.
Financial regulators in South Korea have opened a window of time for people to come forward and report any unlicensed cryptocurrency exchanges operating in the country.
Following their most recent move, FTX and Alameda Research have transferred another significant amount of digital assets, amounting to an impressive $22 million.
This move seeks to better synchronize GBTC’s shares with the real Bitcoin price and introduce a streamlined mechanism for investors to create or redeem shares effortlessly.
The committee’s report recommends imposing lower initial limits on the value of retail digital pounds to alleviate the risk of potential bank runs amid market instability.
The grant is designed to ease the financial burden on affected individuals and will equal the USD equivalent of the assets lost in the security breach.