Metaplanet, an investment firm from Japan, dubbed the “Japanese MicroStrategy” for its bitcoin (BTC) investment strategy, announced the acquisition of 107.9 BTC. This purchase, detailed in a disclosure document on Tuesday, October 1, adds approximately $6.9 million to your total investment in the digital currency. To date, Metaplanet has accumulated 506.74 bitcoinwhich represents an investment … Read more
The bitcoin (BTC) market has experienced notable dynamics in recent days. There was an 8-day streak of positive net inflows into BTC spot exchange-traded funds (ETFs) that has directly influenced the buying pressure in the market. This phenomenon has been consolidated since September 19, 2024, with the price of bitcoin remaining firmly above $63,500. Monday, … Read more
Global liquidity has reached new record levels, after maintaining stability for the last two years. This means that there is more capital available in the economy, which exhibits a new scenario for the financial world. Historically, global liquidity has increased after long periods of stability, driving greater demand in the markets. Consequently, assets like bitcoin … Read more
On past occasions, BTC had “crashed” due to wars and rumors of wars. Various factors combine to keep the price of bitcoin strong. The price of bitcoin (BTC) has shown great sensitivity to global political, macroeconomic and war events in recent years. Any situation that may be perceived as chaotic or critical, in general, negatively … Read more
The probable presentation of a new route plan in the de-dollarization process and the continued expansion of the BRICS bloc, under the impetus of an alliance between China and Russia, has already begun to raise red flags globally. The issue was part of the concerns discussed at the United Nations General Assembly held a few … Read more
2024 is coming to an end. The fourth quarter of the year is already among us. And investors in bitcoin (BTC) and cryptocurrencies are waiting to see what will happen. Many have good feelings. Reasons are not lacking. October has historically been, along with February, one of the most bullish months for bitcoin throughout its … Read more
Ocean’s new protocol, DATUM, seeks to decentralize bitcoin mining. Individual miners will be able to build their own block templates on the network. Ocean Pool, a pool cryptocurrency mining company, announced on X on September 29 the launch of its decentralized mining protocol for bitcoin (BTC) called DATUM, which stands for Decentralized Alternative Templates for … Read more
With the arrival of the price of gold to a new historical maximum last week, above 2,685 dollars (USD) per ounce, expectations about its continuity have grown. “We raise our forecasts for gold to USD 2,750 per ounce by the end of 2024,” he said in a report the Swiss investment bank UBS. This is … Read more
EIGEN received the seed tag from Binance, which warns of increased volatility and risks. The EIGEN token is not yet traded in the cryptocurrency market, but its arrival is predicted. Binance announced on its official blog the inclusion of EigenLayer (EIGEN) on its platform, with trading opening scheduled for October 1, 2024 at 05:00 UTC. … Read more
The Chinese government must maintain a delicate balance if it wants to avoid serious consequences. Globally, the “China effect” is already making an impact. China, the country with the largest gross domestic product (GDP) in the world and therefore a global economic power, faces a seemingly contradictory situation in its finances. On the one hand, … Read more