The BRICS attack the dollar, the re-election of Nayib Bukele and the rise of Bitcoin – Retro crypto February 2024

1ᵉʳ février 2024 – BTC : 42,200$ – ETH : 2,279$. After a month of January marked by the official arrival of spot Bitcoin ETFs on Wall Street, the crypto news of February takes a breath of fresh air and takes a little tour of the world to realize that it is not It’s not just the United States that’s making the headlines! While the Sud Global is organized to counter the greenback, the price of bitcoin is heading north with an impressive rise in this second month of the year 2024. It's off to the memory box.

Crypto news goes around the world: Salvador, Argentina, North Korea, China and Russia

We start our trip straight away with the Salvador who re-elected Nayib Bukele for a second term during the month of February. The President will even have full powers since he obtains an absolute majority, which will allow him to pursue his program of bitcoinisation of the national economy.

In this month of February 2024, the Russia and its BRICS+ allies are considering developing their own currency to counter the hegemony of the dollar, but there is still a long way to go to get there! There Chinealso a stakeholder in these alternative projects, discovers that it is advantageous to establish these bitcoin mining units in Africa. And it is more particularly in Ethiopia that the Middle Kingdom sets down its bags to benefit from cheap energy and advantageous regulations.

Bitcoin and Ethereum explode while CZ and Do Kwon battle with the law

Finally, we end our winter getaway with theArgentinewhere the population suffering from high inflation is increasingly using dollar stablecoins to escape their monetary hell. As for the North Koreaif it makes the headlines, it is for the criminal activities of these pirate cells remotely controlled by Pyongyang and in particular the infamous Lazarus group.

Meanwhile, on the crypto planet, major airdrops are coming, Ethereum continues its developments and the protocol EigenLayer, which offers restaking, records record entries! But it is also in the legal section that cryptos are making headlines with first of all the imbroglio To Kwon which continues around the place of his extradition and the case Changpeng Zhao against the United States which should find an outcome since the date of his trial has just been known.

But if some of you remember this month of February, it's probably for the rise in prices marked which will have seen bitcoin go from 42,580 dollars to 62,550 in a few weeks! THE ETFs on Wall Street passed through there, halving is in sight and all this is starting to bloom bull runbut shh, we're not there yet.

We'll see you very quickly for the arrival of spring and a month of March where we'll be talking about a dog token that's a hit in Las Vegas and the wolves of Wall Street feasting on Bitcoin.