The increase in bankruptcy filings in the United States worries analysts at the financial newsletter The Kobeissi. According to revealed data by Kobeissi, the 12-week moving average of bankruptcy filings is now at 17the highest level in two years. Bankruptcy applications in the United States (black line). Source: The Kobeissi Letter. This increase coincides with … Read more
The imminent entry of Donald Trump as president of the United States portends a year of innovations in cryptocurrency exchange-traded funds (ETFs), which could shake up the market. This is highlighted by a new report from the research company, VettaFi. “Several cryptocurrency ETF applications are already in various stages of approval,” stands out the company. … Read more
Auradine is the American company behind the manufacturing of this ASIC for Bitcoin. Bitmain’s current most cost-effective ASIC offers an energy efficiency of 13 J/TH. The Teraflux AT2880 Bitcoin (BTC) mining rig achieved an energy efficiency of 16.8 J/TH (joules per terahashes) and 17 J/TH, according to a test conducted and published by Michael Carter, … Read more
The Open Network (TON) foundation is preparing its expansion to the United States, amidst anticipation for the presidential inauguration of Donald Trump. As CriptoNoticias has reported, the Republican leader expressed his support for cryptocurrencies and promised that, during his second term, there will be favorable regulation to promote the growth of the industry in that … Read more
If bitcoin were to have a big drop, MicroStrategy’s business would be at risk. There are analysts who explain that Saylor’s strategy is unsustainable in the long term. Few investment strategies in bitcoin (BTC) have been as talked about in recent times as that of the American company MicroStrategy. Under the leadership of Michael Saylor, … Read more
Metaplanet, a Japanese investment firm, has gained visibility for implementing the same bitcoin (BTC) accumulation strategy as the American software company, MicroStrategy (MSTR). It is worth clarifying that “Japanese MicroStrategy” is just a comparison, but there is no relationship between the two companies. At the moment, Metaplanet has 1,762 BTC in its treasury and projects … Read more
Different events that are about to take place could shake up the bitcoin (BTC) and cryptocurrency market, both downwards and upwards. “In the short term, cryptocurrency markets are primarily focused on two catalysts,” notes exchange Coinbase in a new report. These are Donald Trump’s US presidential inauguration in a week and the ongoing FTX compensation … Read more
According to Hill, agencies must describe what activities are permitted and how to carry them out. The Republican believes that long commitments with regulators slow down innovation. Travis Hill, current vice president of the Federal Deposit Insurance Corporation (FDIC), has recently expressed his support for cryptocurrencies. In a speech, Hill urged the agency to take … Read more
The big current question in the bitcoin (BTC) market is how it will continue after the presidential inauguration of Donald Trump in the United States. Is a price rise coming for bitcoin after this event scheduled for January 20, 2025? Will there be strong profit taking that drags the digital currency down? What should be … Read more
Purchases on exchanges offset money outflows from ETFs. Generally, a negative capital flow for ETFs implies a drop in the price of bitcoin. Yesterday, January 13, bitcoin (BTC) exchange-traded funds (ETFs) in the United States recorded money outflows of more than $284 million and have accumulated three consecutive days in the red. According to data … Read more