Bitcoin’s downward reaction to the war does not disarm its bullish thesis. Bitcoin has the ability to act as a safe haven asset, the analyst highlights. Financial markets have retreated this week as a result of the war in the Middle East involving Israel, Iran, Lebanon, Hezbollah and other armed organizations. In this way, they … Read more
This is the largest rate cut since the COVID-19 pandemic. In such a scenario, bitcoin can stand out as an investment and store of value asset. Globally, there is a trend of cuts in interest rates, which represents an injection of liquidity to the economy and also to the financial markets. According to the count … Read more
SUI, TAO, and OP are some of the cryptocurrencies Grayscale watches. These cryptocurrencies “have great potential in the quarter,” according to the company. With the arrival of the fourth quarter of 2024, Grayscale has renewed the quarterly list of the 20 digital assets that it considers to have high performance potential. This company, an issuer … Read more
According to the historical behavior of bitcoin (BTC), it may be entering a bull market phase, motivated by 2 key factors. This is highlighted by the Brazilian investment company Hashdex. In a report on the matter, the company indicates that, since the first halving of the digital currency in 2012, BTC has followed a pattern … Read more
Fractal Bitcoin (FB), a second layer bitcoin (BTC) network, today announced the launch of two solutions to facilitate the transfer of assets between its network and others, such as Bitcoin, for example. Through a blog postFractal explains that using the two new bridges, Simple Bridge, from UniSat, and Bool Bridge, developed by Bool, you will … Read more
Bitcoin could hit a long-term low after October ends. The pullback to 60,000 is not a surprise, for Ng. Beyond the bullish expectations that abound about bitcoin (BTC) for October, there are factors that still show headwinds. “Investor eyes are eagerly set on October or, as it is known among cryptocurrency circles, uptober”, indicates financial … Read more
Bitcoin is in the Central American country a reflection of optimism and freedom in uncertain times. The digital currency empowers communities, offering alternatives to the Costa Rican population. The expression “Pura Vida”, probably the most used by Costa Ricans, is increasingly being linked to bitcoin (BTC). This is stated by Estela Aguilar, a member of … Read more
Bitcoin is trading at USD 61,000, affected by the outflow in ETFs and the war in the Middle East. The outflow of capital broke the streak of million-dollar inflows that extended for 8 consecutive days. Bitcoin (BTC) remains at $61,000 this Wednesday, after a day marked by a significant outflow of capital from exchange-traded funds … Read more
“We are talking about Bitcoin (BTC), which is an issue in which El Salvador is being a pioneer,” said Victoria Villarruel, vice president of Argentina and president of the nation’s Senate, today after receiving the Salvadoran president, Nayib Bukele. The Salvadoran president visited Congress, on his second day of an official visit to Argentina, when … Read more
The hash rate that measures the computing power of the Bitcoin network grew 2% compared to last month. The statistics linked to BTC mining indicate a complex moment for this activity. The Bitcoin (BTC) mining industry is going through a complex period, with profitability falling for the third consecutive month in September, according to a … Read more