Crypto News
El Salvador Is Sitting on $84M Profit From Its Bitcoin Holdings
President Nayib Bukele said in an X post that the Central American nation is earning bitcoin revenue from four different avenues.Source link
Tim Draper Expects Bitcoin to Transform El Salvador Into One of the Richest Countries in the...
Tim Draper, a venture capitalist famous for his bitcoin price predictions, has praised El Salvador’s vision of embracing this new technology and talked about the benefits of this decision for its people. According to Draper, bitcoin will make El Salvador one of the richest countries in the world in the next 30 or 40 years.Source link
Thailand’s SEC Greenlights Investment From Institutional and Wealthy Individuals in Crypto ETFs
Earlier this year, the regulator had denied permission to trade bitcoin ETFs.Source link
This Bitcoin Bull Run Is Breeding Millionaire Whales at Slower Pace, Data Show
Currently, less than 2,000 millionaires, or wallets with $1 million worth of bitcoin, are created daily. That's significantly lower than the 2020-21 bull run.Source link
Solana Co-Founder Anatoly Yakovenko Thinks Crypto Has a Shot at Disrupting the App Store Duopoly
Anatoly Yakovenko, co-founder of Solana Labs, believes that crypto can have a shot at disrupting Google’s and Apple’s app store duopoly. He criticized the state of the software distribution on mobile devices, lamenting that the two stores collected over 30% of all earnings just to display a top 10 list of the most downloaded apps.Source link