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Daily Archives: December 17, 2024

El Salvador to change Bitcoin plans to secure $1.3bn IMF loan

El Salvador would also receive $1 billion in lending from the World Bank and $1 billion from the Inter-American Development Bank Under the IMF agreement, El Salvador would change a legal requirement making businesses accept Bitcoin as payment Since 2021, the IMF has been against

Microsoft shareholders reject Bitcoin treasury proposal

Microsoft shareholders have voted against the proposal that sought to have the tech giant add Bitcoin to its balance sheet. The vote on Tuesday, December 10, 2024, followed the proposal by the National Center for Public Policy Research, and came after MicroStrategy founder and Chairman

Bitcoin reaches new all-time high of above $106,000

Bitcoin hit $106,400 in the early hours of December 16 Crypto trader believes the next three to four weeks are going to be significant for Bitcoin if history repeats Investors believe Bitcoin reaching $120,000 by the end of 2024 is achievable Bitcoin set a new

Bitcoin holds above $107 despite $172m Mt. Gox BTC transfer

Mt. Gox moved over $172 million in BTC to new wallet addresses. The price of Bitcoin held strong despite bankrupt crypto exchange’s wallet activity. Bankrupt crypto exchange Mt.Gox has notably transferred about 1,620 Bitcoin to new unknown addresses. The value of the Bitcoin transfer stood

SoftBank invests $1.5B in OpenAI as iDEGEN invigorates crypto AI

OpenAI, a leader in artificial intelligence (AI) development, has received a significant $1.5 billion investment from SoftBank, sparking renewed interest in AI-driven cryptocurrencies. Meanwhile, a new player is emerging in the crypto AI space: iDEGEN, an innovative community-powered AI project. With dynamic pricing and decentralized

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