There is progress towards the XRP ETF, Ripple’s cryptocurrency

Bitwise registered a trust entity, which is a step prior to applying. XRP ETFs have been rumored for several months now. Investment firm Bitwise took a step towards creating an exchange-traded fund (ETF) based on XRP, the cryptocurrency issued by Ripple. The company registered a trust entity in Delaware, a move that precedes the formal … Read more

Bitcoin fights above $60,000 after the largest outflow in a month in ETFs

Bitcoin is trading at USD 61,000, affected by the outflow in ETFs and the war in the Middle East. The outflow of capital broke the streak of million-dollar inflows that extended for 8 consecutive days. Bitcoin (BTC) remains at $61,000 this Wednesday, after a day marked by a significant outflow of capital from exchange-traded funds … Read more

Argentine vice president asks Bukele for advice on Bitcoin and volcano bonds

“We are talking about Bitcoin (BTC), which is an issue in which El Salvador is being a pioneer,” said Victoria Villarruel, vice president of Argentina and president of the nation’s Senate, today after receiving the Salvadoran president, Nayib Bukele. The Salvadoran president visited Congress, on his second day of an official visit to Argentina, when … Read more

July, August and September were losses for Bitcoin miners

The hash rate that measures the computing power of the Bitcoin network grew 2% compared to last month. The statistics linked to BTC mining indicate a complex moment for this activity. The Bitcoin (BTC) mining industry is going through a complex period, with profitability falling for the third consecutive month in September, according to a … Read more

How will the war impact bitcoin, gold, oil and stocks?

Bitcoin behaves as a “risk asset”, but has rapid recoveries. The price of oil skyrockets due to the possibility of greater shortages. October started “on the wrong foot.” A few hours into the tenth month of the year, war conflicts in the Middle East, Russia and Ukraine escalate to new heights. There are even those … Read more

DeFi remains strong on Ethereum, gas expenses indicated

So far in 2024, DeFi has surpassed $500 million in fees on ETH. The Uniswap exchange site is one of the most used platforms on Ethereum. The adoption of the decentralized finance ecosystem (DeFi) on the Ethereum (ETH) network is undoubtedly. So much so that, for the fourth consecutive year, users who participate in this … Read more

What will bitcoin do in the middle?

October is historically one of the most bullish months for bitcoin, along with February. For this reason it has earned the nickname ‘uptober‘ (play on words in English that can be translated as “bullish October”). The following graph, taken from the platform CoinGlassshows that, since 2013, bitcoin had 9 positive Octobers and only 2 slightly … Read more

MetaMask improved its wallet in September with 3 updates

Until now, connecting to multiple dApps simultaneously in MetaMask was tedious. MetaMask now shows market capitalization, volume and more data. MetaMask, the popular cryptocurrency wallet, announced three updates during the month of September. Since August to date, Consensys, the team behind MetaMask, has released six updates, some of them related to visibility of token data, … Read more

Binance warns about 10 cryptocurrencies that enter the “risk” zone

Binance, the world’s largest-traded cryptocurrency exchange, has announced a new move for specific cryptocurrencies, including Travala (AVA) and IOTA (IOTA), for significant changes to its monetary policy or tokenomics. According to the announcement, starting October 1, 2024, these tokens will be subject to a risk warning banner and pop-up notification on the Binance platform. The … Read more