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blessings and wins
thanks for riding with me 🫂
.$BTC
$BNB
$XRP
#venezuela
#ElSalvador
#Colombia
#Bolivia
#Panama
Top crypto news of the week: Bitcoin: Driven by corporate buys, Regulation: Panama-El Salvador meeting, Canada: Proposal to ban crypto ATMs and more
What were the crypto news highlights this week? Let's recap what happened with Bitcoin, blockchain, and the ecosystem so we don't miss a beat. Everything about the last seven days is right here!
It's been a busy week for the ecosystem! It seems the crypto board is being reshaped between massive institutional adoption and increasingly strict regulations in the West.
Here’s a summary of the key milestones from the last seven days:
## 🚀 Bitcoin: The "fever" of corporate treasuries
Bitcoin has maintained a steady bullish pressure, hovering around **$77,000 - $80,000**. The big driver this week hasn’t been retail traders, but corporations:
* **Institutional hoarding:** Data reveals that corporations are buying Bitcoin at a rate **2.8 times higher** than mining production.
* **Relentless strategy:** Companies like **Strategy Inc.** (led by Michael Saylor) have solidified their position, with massive buys that now account for nearly **3% of the total BTC supply**.
* **Scarcity effect:** With reserves on exchanges at their lowest levels since 2018 (just 2.3 million BTC), any uptick in corporate demand is causing sharp price swings.
## 🤝 Regulation: The Panama-El Salvador axis
In Latin America, the narrative remains one of integration and sharing experiences:
* **Bilateral cooperation:** Meetings between regulators from **Panama and El Salvador** have intensified.
While El Salvador continues to bolster its national reserve (now exceeding **7,600 BTC**), Panama is looking to define a framework that attracts investment without losing its focus on financial transparency and anti-money laundering (AML) controls.
#Panama #Salvador #Canada #BTC #MichaelSaylor $BTC
What were the crypto news highlights this week? Let's recap what happened with Bitcoin, blockchain, and the ecosystem so we don't miss a beat. Everything about the last seven days is right here!
It's been a busy week for the ecosystem! It seems the crypto board is being reshaped between massive institutional adoption and increasingly strict regulations in the West.
Here’s a summary of the key milestones from the last seven days:
## 🚀 Bitcoin: The "fever" of corporate treasuries
Bitcoin has maintained a steady bullish pressure, hovering around **$77,000 - $80,000**. The big driver this week hasn’t been retail traders, but corporations:
* **Institutional hoarding:** Data reveals that corporations are buying Bitcoin at a rate **2.8 times higher** than mining production.
* **Relentless strategy:** Companies like **Strategy Inc.** (led by Michael Saylor) have solidified their position, with massive buys that now account for nearly **3% of the total BTC supply**.
* **Scarcity effect:** With reserves on exchanges at their lowest levels since 2018 (just 2.3 million BTC), any uptick in corporate demand is causing sharp price swings.
## 🤝 Regulation: The Panama-El Salvador axis
In Latin America, the narrative remains one of integration and sharing experiences:
* **Bilateral cooperation:** Meetings between regulators from **Panama and El Salvador** have intensified.
While El Salvador continues to bolster its national reserve (now exceeding **7,600 BTC**), Panama is looking to define a framework that attracts investment without losing its focus on financial transparency and anti-money laundering (AML) controls.
#Panama #Salvador #Canada #BTC #MichaelSaylor $BTC
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