El Salvador’s Volcano Bonds Receive Regulatory Approval
The long-awaited Bitcoin bonds of El Salvador, also known as “Volcano Bonds,” have reportedly received approval for launch in early 2024.
The long-awaited Bitcoin bonds of El Salvador, also known as “Volcano Bonds,” have reportedly received approval for launch in early 2024.
Bitcoin has reached its highest price levels since April 2022 and surpassed the $44,000 mark again last weekend.
The US National Vulnerability Database has raised concerns about the potential security threat posed by “inscriptions” in the Ordinals protocol to the network of the leading cryptocurrency.
According to CoinGlass, the current amount of Bitcoin futures being traded on the Chicago Mercantile Exchange (CME) has reached $5.2 billion.
According to analysts at Bitfinex, October and November have seen the strongest growth for Bitcoin in the last six months.
Spot Bitcoin-ETF launch dates are uncertain, but there’s a strong likelihood they’ll commence in Q2 2024, as per Hashdex’s 2024 review.
K33 Research suggests a notably quicker recovery to the all-time high considering the reduced retracement size of 36% in November 2021.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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