Uruguay is in the initial stages of studying the implementation of a digital currency as part of a restructuring process. Adolfo Sarmiento, the former manager of economic policy and markets, has been reassigned to oversee the project. Uruguay Jumps on the Digital Currency Bandwagon as Part of Restructuring Process The Central Bank of Uruguay is
Bitcoin price is showing positive signs above $114,500. BTC is now consolidating and might rise further if it clears the $116,200 resistance zone. Bitcoin started a fresh increase above the $114,200 zone. The price is trading below $115,000 and the 100 hourly Simple moving average. There is a bullish trend line forming with support at
Crypto protocols raised $1.9 billion in August, down 30% from July’s $2.67 billion, according to DefiLlama data. Despite the monthly drop, August numbers for raises from venture capital funds align with the numbers recorded in July, with $600 million captured from PUMP’s public sale last month. DeFi protocols dominated August funding with multiple major raises,
Key Takeaways Bitlayer, a Bitcoin layer 2 network, has migrated to Chainlink CCIP as its cross-chain standard for transfers with Ethereum. CCIP now manages secure transfers for BTR, USDC, USDT, ETH, and wstETH between Bitlayer and Ethereum. Bitlayer, a Bitcoin layer 2 network, has migrated to Chainlink CCIP as its cross-chain infrastructure for transfers between
Imagine a digital Korean Won that could be traded globally with ease and unwavering stability. This isn’t just a futuristic dream; it’s a tangible possibility, but one that hinges on crucial financial reforms. The potential for a successful won stablecoin in South Korea is immense, promising to elevate the nation’s financial standing on the international
The financial world is buzzing with news of a significant move by the Arizona state pension fund. This prominent institutional investor has recently boosted its stake in MicroStrategy (MSTR), a company known for its substantial Bitcoin holdings. This decision signals a growing trend among traditional financial entities to explore new avenues for investment growth. What’s
Scott Melker and Mike McGlone, well-known names in the financial world, evaluated the latest situation in the markets ahead of the FED’s possible interest rate cuts in the Market Mavericks program they attended. Focusing particularly on the record levels in the S&P 500 and economic indicators, the speakers also discussed Bitcoin’s strong stance at $114,000.
As summer now turns to fall in the northern hemisphere, the stonkcoiner dream of bitcoinizing finance is rapidly becoming a nightmare. The bitcoin paper summer of issuing shares to clueless financial markets at (extreme) overvaluations to thereby buy bitcoin on the cheap is ending, not with a bang of success but with a pretty unimpressive
Sushi has officially launched on Berachain, bringing its swap interface and aggregator pricing to the emerging Layer-1 today (September 11, 2025). The move lets users trade Berachain-native assets directly through Sushi’s familiar UI. Berachain is a high-performance, EVM-compatible Layer 1 built with the Cosmos SDK that uses a novel Proof-of-Liquidity (PoL) consensus mechanism, a design
Bitcoin bull market indicators have turned predominantly bearish despite Bitcoin registering a slight recovery on Friday to $116,000, according to CryptoQuant. Eight out of ten of the CryptoQuant Bull Score Index indicators are flashing bearish for Bitcoin, and “Momentum is clearly cooling,” CryptoQuant analyst JA Maartun said on Thursday. The blockchain analytics platform’s bull score