Argentina ratified the use of cryptocurrencies as a means of payment for contracts
Minister of Foreign Affairs and International Trade Diana Modino announced that Argentina has ratified the use of cryptocurrencies as a means of payment for contracts.
Previously, Javier Miley was elected to the post of President of Argentina, who began to carry out active economic reforms. #contracts #reforms
Trader Plan B came up with a new know-how: to evaluate his Bitcoin Stock-to-Flow model not in USD, but in gold He points out that BTC is now only worth 22 troy ounces of gold, while S2F indicates a minimum of 35 ounces (i.e. Bitcoin is undervalued) And after the halving, which will take place in 2024, $BTC is expected to rally to 300 troy ounces (i.e. almost 15 x in gold equivalent)!
Michael Saylor urged to stop underestimating the importance of the spot Bitcoin ETF
Former head of MicroStrategy Michael Saylor urged people to stop underestimating the importance of the upcoming spot Bitcoin ETF.
According to him, this could be the biggest event on Wall Street in the last 30 years. The most recent such event was the launch of the S&P 500 ETF.
He noted that currently there are cryptans and hodlers in Bitcoin, and the main retail and institutional investors did not have a normal tool to enter this market.#Bitcoin-BTC #bitcion #etf
The court approved the settlement agreement between Binance and the Commodity Futures Trading Commission (CFTC).
Binance founder Changpeng Zhao will have to pay a fine of $150 million, and Binance will have to pay $1.35 billion. The exchange will also reimburse $1.35 billion in illegally obtained trading fees.
Binance also commits to implementing a corporate structure: a board of directors, a compliance committee, and an audit committee.#court #fine