$BTC Here are some of the recent major news related to Bitcoin:

Gold maintains its position as a store of value against Bitcoin

Despite significant advances in the cryptocurrency market, including the creation of a strategic Bitcoin reserve by the United States, experts assert that Bitcoin has not yet reached the necessary maturity to rival gold as a store of value. The volatility and decentralized nature of cryptocurrencies are factors contributing to this view.

North Korea becomes the third-largest holder of Bitcoin

North Korea has emerged as the third-largest holder of Bitcoin in the world, behind only the USA and the UK. This feat is attributed to the activities of the Lazarus hacking group, which has amassed around 13,580 BTC, valued at approximately £886 million. These resources have been used to finance the country's nuclear and ballistic missile programs.

Czech National Bank expresses skepticism about Bitcoin as a reserve asset

Jan Kubicek, a member of the Czech National Bank's board, expressed skepticism regarding the inclusion of Bitcoin in the bank's reserves. He cited legal uncertainties and the volatility of the cryptocurrency as primary concerns, highlighting the challenges of direct ownership and the need for new accounting and auditing processes.

El Salvador revokes Bitcoin's status as legal tender

Almost three years after adopting Bitcoin as legal tender, El Salvador has reversed this decision. The Salvadoran Parliament approved a reform that makes the use of Bitcoin voluntary, eliminating its mandatory acceptance. This change occurred under pressure from the International Monetary Fund (IMF) and aims to facilitate the acquisition of a $1.4 billion loan.

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