Key facts: Hong Kong accounts for East Asia’s largest year-over-year growth in cryptocurrency usage. Chinese people are using cryptocurrencies to preserve their wealth, the company says. Hong Kong has emerged as an epicenter of bitcoin (BTC) and cryptocurrency adoption in the Greater China region, according to a recent report from blockchain analytics firm Chainalysis. In … Read more
As tools like ChatGPT and Midjourney gain popularity, many are exploring their potential in trading. However, understanding real AI trading is essential for effective investment solutions. CTO of ATPBot shared his insights on technical challenges. While generative AI can create content based on historical data, it cannot predict financial market trends. These tools rely on … Read more
Key facts: The US presidential election is positioned as a key factor for the market. October could be a positive month for Bitcoin, according to history. With the US interest rate cut for the first time in more than four years, markets have a new driver. This monetary policy lowers the cost of borrowing, increases … Read more
German authorities have closed 47 bitcoin (BTC) and other cryptocurrency exchanges, claiming they are linked to criminal activity. The operation was carried out by the Frankfurt am Main public prosecutor’s office in collaboration with the Central Office for Combating Cybercrime and the Federal Criminal Police Office. These exchanges, according to the authorities, facilitated anonymous transactionswhich … Read more
Key facts: The ratio of put options to call options is at 0.86. BTC has been performing reasonably well from September until now. This Friday, September 20, the Bitcoin (BTC) options market is facing a significant event: 20,200 BTC options are about to expire. This is no small event, considering that the notional value of … Read more
Key facts: The Agora project is promoted by the central banks of 7 countries, including Mexico. Addressing cross-border issues is the main objective of the project. 40 of the world’s largest and most important financial institutions have agreed to join the Bank for International Settlements (BIS) in launching a new payments system based on blockchain … Read more
Key facts: The miners obtained the BTC in January 2009, when Satoshi Nakamoto was active. The 50 BTC from back then is now worth over $3 million. In a move that has captured the attention of the Bitcoin community, two wallets, dormant for 15.7 and 15.6 years respectively, have recently shown activity. These wallets belonged … Read more
The Bank of Canada has decided not to move forward with the development of its digital currency, known as the digital Loonie, after several years of exploration that began in 2017. This decision comes amid rapid digitalization and changes in the ways Canadians pay, and follows a public consultation process in 2022. The bank confirmed … Read more
Key facts: So far this month, its price has risen by more than 7%. The interest rate cut announced by the Fed boosted its price. September is usually a difficult month for financial markets due to seasonal reasons. In the northern hemisphere, summer is ending and the pace of economic activity slows down due to … Read more
Key facts: Compatible wallets are Trezor Safe 5, Ledger Stax and Ledger Flex. Other improvements include connection to Passport wallet via hardware menu. Sparrow Wallet, the desktop wallet for storing bitcoin, has implemented the 2.0.0 update. Among the highlights of the upgrade are that Sparrow Wallet now supports three modern and newly released hardware wallets: … Read more