5 reasons will continue to drive gold, according to VanEck

Gold mining companies and investors are excited, VanEck says. Shares of mining companies have lagged behind the price of the metal. Investors are experiencing a true frenzy for gold, motivated both by macroeconomic measures in great powers such as the United States, as well as by the geopolitical conflicts that are shaking the world. Imaru … Read more

How will USDT boost bitcoin price?

The growth of stablecoins means more liquidity to buy bitcoin and cryptocurrencies. “This will probably be one of the main drivers in a bull market,” says analyst. The market capitalization of USD Tether (USDT) and other stablecoins has been increasing steadily for just over a year. And not only that, but it is reaching outstanding … Read more

MicroStrategy could be making “the infinite money mistake”

MicroStrategy (MSTR), the technology company led by Michael Saylor, has captured the attention of financial markets thanks to its bold investment strategy in bitcoin (BTC). Hailed by some as a masterstroke, its approach has been replicated by several companies. However, some analysts They consider that this strategy could be getting dangerously close to the brink … Read more

What would be the fair value for bitcoin and Ethereum?

BTC and ETH would reach their fair value (or more) at the end of 2024 or beginning of 2025. The fair market capitalization for the two assets would be $2.9 trillion. According to bitcoin (BTC) and ether (ETH) bulls, their prices are currently undervalued, that is, they are lower than they believe they should be. … Read more

Will Bitcoin continue in ‘uptober’ mode or will more falls come?

With bitcoin (BTC) reaching $68,000, hopes have been raised in the market that the “uptober” phenomenon will be repeated. The price of the digital currency rose more than 6% yesterday, its best daily performance in almost two months. And, since then, it has remained trading mostly around USD 66,000, exhibiting resistance in this area just … Read more

Bitcoin price soared due to “monstrous” inflows into ETFs

One of the main factors behind the recent rise in the price of bitcoin (BTC) is the outstanding performance of ETFs of this digital currency in the United States. Yesterday, The funds reported net inflows totaling $555 millionthe highest volume recorded since June 4. This injection of capital led to the price of bitcoin going … Read more

3 dangers that could stop the rise of bitcoin

Although the price of bitcoin (BTC) started the week rising to more than $66,000 (USD), there are factors that can affect its performance. The digital currency is in a period of consolidation seven months ago since the historical record it set at USD 73,700. Therefore, beyond its recent strength, It is key that the global … Read more

Bitcoin maintains “critical” price level. What’s next?

A loss of new support could send bitcoin to lows not seen in seven months. Low volatility is expected for the price, according to trader Miles Deutscher. The price of bitcoin (BTC) has returned to around $63,000 (USD) today. This shows a change in the trend experienced during the week. Precisely, the currency fell yesterday … Read more

Ethereum marked a double bottom against bitcoin. What does it mean?

Ether is in a downtrend against bitcoin since September 2022. The double bottom pattern is not foolproof, it only shows probabilities. The Ethereum network cryptocurrency ether (ETH) has been in a sustained bearish trend against bitcoin (BTC) for the past two years. However, it is currently showing signs of a possible change of direction. Over … Read more

Bitcoin Awaits Inflation Data This Week

Expectations about the CPI are favorable for financial markets. Bitcoin volatility will increase as the CPI presentation date approaches. The price of bitcoin (BTC) started the week on the rise. It even touched the $64,000 mark and, at the time of this publication, it can be seen in the CriptoNoticias Calculator that it is trading … Read more