Bitcoin Exhibits Strength Despite Israel’s Invasion of Lebanon

On past occasions, BTC had “crashed” due to wars and rumors of wars. Various factors combine to keep the price of bitcoin strong. The price of bitcoin (BTC) has shown great sensitivity to global political, macroeconomic and war events in recent years. Any situation that may be perceived as chaotic or critical, in general, negatively … Read more

‘uptober’ has arrived! A bullish month for bitcoin, if history repeats itself

2024 is coming to an end. The fourth quarter of the year is already among us. And investors in bitcoin (BTC) and cryptocurrencies are waiting to see what will happen. Many have good feelings. Reasons are not lacking. October has historically been, along with February, one of the most bullish months for bitcoin throughout its … Read more

Ocean Pool discards StratumV2 and launches its own mining protocol

Ocean’s new protocol, DATUM, seeks to decentralize bitcoin mining. Individual miners will be able to build their own block templates on the network. Ocean Pool, a pool cryptocurrency mining company, announced on X on September 29 the launch of its decentralized mining protocol for bitcoin (BTC) called DATUM, which stands for Decentralized Alternative Templates for … Read more

What price could gold reach, according to UBS?

With the arrival of the price of gold to a new historical maximum last week, above 2,685 dollars (USD) per ounce, expectations about its continuity have grown. “We raise our forecasts for gold to USD 2,750 per ounce by the end of 2024,” he said in a report the Swiss investment bank UBS. This is … Read more

The first DEX has arrived that will bridge Fractal and the main Bitcoin network

They will launch a bridge between Fractal and Bitcoin called SimpleBridge, in October. Each swap has a commission of 0.3%. The Fractal Bitcoin team revealed an integration with Pizzaswap, the first decentralized exchange (DEX) that runs simultaneously on both Bitcoin and Fractal. Pizzaswap, which previously ran on the Bitcoin main and testnets, is now available … Read more

Uruguay is at the head of the Latin American countries that have their Bitcoin Law

With the signature of President Luis Lacalle Pou, Bill 20,345 to regulate bitcoin (BTC) and other cryptocurrencies was promulgated in Uruguay, placing the South American country on the list of the few nations in the region that has a specific legal framework for this ecosystem. In this way, the new law of Uruguay It adds … Read more

Cryptocurrencies are the engine of the digital economy, according to former Chinese vice minister

Former Chinese Vice Finance Minister Zhu Guangyao urged the political and economic community to focus their attention on research into cryptocurrencies, highlighting that these digital assets are “a crucial aspect for the development of the digital economy.” Guangyao, who gave a speech At the Economists Forum held in Beijing on September 28, he stressed the … Read more

The negative streak for investment funds in Ethereum was broken

These financial products facilitate the entry of institutional and corporate money. The price of ETH rose 6% in two days, reaching $2,710, although it later corrected. Ether (ETH), the cryptocurrency of the Ethereum network, broke a streak of five consecutive weeks of negative money flows, reporting inflows of $87 million to its investment funds, according … Read more

Various macroeconomic data will impact bitcoin and markets this week

This week will be full of different reports and events from the financial world that could influence investors’ operations. Therefore, depending on how they are perceived, it is possible to see their impact on the prices of assets, including bitcoin (BTC) and cryptocurrencies. First of all, A speech by Jerome Powell, president of the Federal … Read more

What will happen to bitcoin in October?

There is one day left until October begins. This is, along with February, one of the most historically bullish months for the price of bitcoin (BTC). Since 2013, bitcoin closed 9 Octobers with positive returns and only 2 slightly negative Octobers. The following graph, taken from the platform CoinGlassallows us to observe this historical behavior … Read more