Bitcoin Has Liquidated More Than $200 Million So Far Today

In a matter of an hour, more than $150 million was liquidated. Capital inflows into spot bitcoin exchange-traded funds drive the price. Bitcoin (BTC) has registered notable volatility in recent hours. And as a consequence, several million dollars of leveraged traders have been liquidated. The price of the digital currency rose to touch $68,000, then … 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

“Japanese MicroStrategy” shares soar after buying more than 100 bitcoin

The company raised its reserve to more than 855 bitcoin. Metaplanet invested $6.7 million this Tuesday to buy more BTC. Metaplanet Inc., listed on the Tokyo Stock Exchange, one of the largest in the world, experienced a significant jump in its shares this Tuesday. The shares rose 15.7% in a single day, going from $6.40 … 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

the new US president won’t change Bitcoin being a global reality

Fink rules out that the expansion of the use of bitcoin has to do with regulatory issues. In the businessman’s opinion, “we will see an expansion of the digital asset market.” Larry Fink, CEO of BlackRock, the largest asset management company in the world, recently assured that the expansion of bitcoin (BTC) will not depend … Read more

Nobel Prize winners in Economics vindicate the system that Satoshi Nakamoto questioned

Daron Acemoglu, Simon Johnson and James Robinson win the Nobel, with studies on wealth. Vitalik Buterin and Julian Assange were also nominated for this year’s Nobel Prize. According to information released this October 14 by the Royal Swedish Academy of Sciences, the 2024 Nobel Prize in Economics was awarded to Daron Acemoglu, Simon Johnson and … Read more

The remainder of 2024 looks “encouraging” for bitcoin, according to Coinex

Although bitcoin (BTC) remains in a tight range seven months ago, it could benefit in the final months of the year, according to cryptoasset exchange CoinEx. “The macroeconomic outlook for the rest of 2024 appears encouraging, especially given the continued impact of the Fed’s policies,” he states in a report sent to CriptoNoticias. The exchange … 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

Harris proposes cryptocurrency regulation to support “black men”

Vice President Kamala Harris presented a proposal to regulate cryptocurrencies with the goal of supporting women and men of African American descent, as reflected in the “Opportunity Agenda for Black Men.” This agenda inform that more than 20% of African Americans own or have owned bitcoin and cryptocurrencies. As indicated, the presidential candidate also positively … Read more

European company will follow MicroStrategy’s strategy to buy bitcoin

Samara Asset Group, an asset management firm based in Malta and listed in Germany, announced this Monday, October 14, its plan to issue bonds of up to €30 million. This issue is intended to acquire bitcoin (BTC), following the trend of using the asset as the main treasury reserve, a strategy already adopted by the … Read more