Bitget Receives Bitcoin License in El Salvador, Securing Its Entrance Into Latam

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Bitget, a South Africa-based cryptocurrency exchange, has recently announced that it received a Bitcoin Service Provider (BSP) license in El Salvador, opening the doors to start operating locally. This milestone allows the company to “offer services such as bitcoin-to-fiat currency exchanges, bitcoin payment facilitation, and secure bitcoin custody solutions for its clientele,” according to a […]

Freeland Resigns, Is Trudeau Next? Exit Odds Surge in Betting Markets

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The halls of Canadian Parliament have been buzzing with turmoil following the resignation of Chrystia Freeland, Canada’s finance minister and deputy prime minister. Adding fuel to the fire, speculation is mounting among Polymarket bettors and the general public that Prime Minister Justin Trudeau might also step down as the fallout continues. Canada’s Political Powder Keg: […]

FASB Fair Value Standard for Crypto Goes Live

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The new accounting update could be a boon for firms seeking bitcoin corporate treasuries. New Accounting Standard Recognizes Crypto Gains An accounting standard that addresses the fair value of crypto assets went into effect yesterday and may have a positive impact on companies seeking to establish bitcoin (BTC) treasuries by allowing firms to report both […]

Blockchain TVL Trends: Bitcoin, Ethereum, and Hyperliquid See Significant Inflows

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Bitcoin, Ethereum, and Hyperliquid saw significant TVL increases in the past week driven by strong investor inflows. Bitcoin, Ethereum, and HYPE Lead the Way The total value locked (TVL) in Bitcoin, Ethereum, and Hyperliquid rose by $3.09 billion, $2.22 billion, and $1.87 billion respectively over the last seven days. This is according to data from […]

John Carvalho Wants to Get Rid of ‘Sats’

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The Synonym CEO suggested the change via a Bitcoin Improvement Proposal (BIP) last week. Longtime Bitcoiner Seeks to Redefine Bitcoin Units John Carvalho, CEO of Bitcoin software company Synonym wants to do away with the idea of “satoshis” or “sats” – the smallest units of bitcoin (BTC). Each bitcoin is made up of 100 million […]