4 predictions 2 years from the Ethereum Merge: will they come true or not?

Key facts: Ethereum fully delivered on reducing energy consumption and decentralization. Ether, for its part, has not yet complied by increasing its price and its deflationary pace. The Ethereum Merge occurred on September 15, 2022, with the migration to the network’s proof-of-work consensus type. It went from operating with proof of work (Proof-of-Work, PoW) to … Read more

Bukele assures that “El Salvador will no longer spend more than it produces”

Key facts: Bukele promises not to issue more debt, although he did not explain what measures he will take or what the role of BTC will be. “We are not even going to lend money to pay the interest on the debts we inherited.” “On September 30, we will present to the Legislative Assembly, for … Read more

Interest rate cuts will not be as expected by the market

Key facts: Markets are pricing in cuts like those in past recessions, the agency says. Analysts are predicting a rate cut of just 25 basis points. BlackRock Investment Institute has issued a note stating that the US Federal Reserve (FED) will not follow market expectations regarding interest rate cuts. Although markets are pricing in deep … Read more

Everyone says ETFs decide the price of Bitcoin, this analyst refutes it

Key facts: Despite the poor performance of ETFs, the price of bitcoin remained largely unchanged. Investors are awaiting a possible rate cut in the US. Since the launch of Bitcoin (BTC) exchange-traded funds (ETFs) in the United States, it has been said that they have a great influence on the price of the digital asset. … Read more

Increase the speed of sending bitcoin using Coldcard wallet

Coinkite, the wallet manufacturer bitcoin-only Coldcard recently announced that it has carried out an update to its firmware for the Mk4 model and the Q model. Among other improvements, Coinkite wallets increased the signature speed for sending bitcoin by 15% on average compared to the previous version of the firmware. According to Coinkite: “The improvement … Read more

Bhutan holds more than twice as much bitcoin as El Salvador

Key facts: To date, El Salvador holds about 5,800 BTC. Bhutan acquired more than 8,000 bitcoin in a matter of a year. Bhutan, a town near the Himalayas, has accumulated more than 13,000 bitcoin (BTC) over the past three years. The sum, disclosed by the analysis firm Arkham Intelligence, is more than double the amount … Read more

Bitcoin attracts a million-dollar inflow of institutional funds

Key facts: The US saw inflows totaling USD 416 million, Coinshares reported. Bitcoin was the main inflow, with USD 436 million invested in it. Last week marked a turning point for bitcoin (BTC) and cryptocurrency investment products, with a total of $430 million in capital inflows, CoinShares reports. This move ends two negative weeks that … Read more

Due to the closure of a Bitcoin mining company, this town will pay 20% more for electricity

Key facts: After three years, KryptoVault closed its facilities in the town of Stokmarknes, Norway. The BTC mining center had an annual consumption similar to that of 3,200 households in this region. Following the closure of a bitcoin (BTC) mining facility in a town in Norway, Citizens will pay 20% more in electricity ratesThis is … Read more

Nervos Network price soars after Lightning Network version is implemented

Nervos Network (CKB), the native cryptocurrency of the eponymous layer 2 network on top of Bitcoin, leads the weekly rise of digital currencies within the top 100 by market capitalization. The increase in the price of the asset occurs after its development team will announce the launch of the test network Fiber Network, a decentralized … Read more

Ethereum would benefit from US interest rate cuts

Key facts: DeFi returns could top 5%, says Bernstein. The interest rate cut could be 0.25% or 0.50%. With a potential interest rate cut by the US Federal Reserve (Fed) on the horizon, Ethereum could stand to gain from this economic adjustment. In this case, decentralized finance (DeFi), where the Ethereum network leads the way, … Read more