PayPal announced that merchants in the United States can buy, store and sell cryptocurrencies directly from their business accounts on the platform. This expansion is part of the company’s strategy to “increase the utility” of cryptocurrencies. The service, which is already available in the United States, except in New York City, allows PayPal business account … Read more
Bitcoin (BTC) has been trading sideways for six months in a range below its most recent all-time high price. However, according to Jacobo Maximiliano, an analyst at the Bitget exchange, this trend could reverse in the short term. In a report sent to CriptoNoticias, the analyst sees “bitcoin heading for a new all-time high in … Read more
The market is showing great interest in accumulating bitcoin (BTC) and/or having exposure to its price. One example of this is that ETFs based on the digital currency listed on US stock exchanges recorded their fifth consecutive day of capital inflows yesterday, Wednesday. In total, Money flow into bitcoin ETFs was $105.84 million during the … Read more
Gold prices hit a new all-time high (ATH) this week, breaking through the $2,660 per ounce barrier. Given that the precious metal is considered a safe haven asset, the price increase could signal that the market is anticipating an economic crisis. The ATH occurred after the The US Federal Reserve (Fed) will announce a reduction … Read more
A perfect storm of events is driving gold higher. Read more Source link
Citrea, a project that seeks to expand the utility and scalability of Bitcoin, announced the launch of its testnet (testnet) on the Bitcoin Testnet4. This phase will allow testing the integration of Citrea functionalities in a secure environment without using the Bitcoin (BTC) mainnet. Citrea seeks to be the first ZK rollup built on Bitcoin. … Read more
Key facts: The recent drop in US interest rates is a positive catalyst for bitcoin. There are several factors that would drive the growth of cryptocurrencies, in general. The latest macroeconomic movements in the United States have sparked optimism in the bitcoin (BTC) and cryptocurrency sector. Sebastian Serrano, CEO of the Ripio exchange, believes that … Read more
Key facts: Grayscale has accumulated more than 254,000 bitcoins. MicroStrategy, meanwhile, has just over 252,000 BTC. Only Satoshi Nakamoto, Binance, BlackRock and Fidelity surpass those companies in BTC holdings. MicroStrategy, the computing company led by Michael Saylor, is on the verge of surpassing the Grayscale investment fund in total bitcoin (BTC) holdings. According to the … Read more
Bitcoin (BTC) price correlation with gold has reached its highest level in six months. This shows that both assets are behaving similarly, which is different from the performance of Ethereum’s cryptocurrency, ether (ETH). Precisely, The correlation between gold and bitcoin reached a score of 0.75, something not seen since Marchaccording to market intelligence platform IntoTheBlock. … Read more
Sky, the decentralized finance platform (DeFi) formerly known as MarkerDAO, appears to have backtracked on its plan to remove the Wrapped Bitcoin (WBTC) cryptocurrency as collateral for users to obtain loans, following clarifications from BitGo CEO Mike Belshe. The executive spoke out on an issue that had caused a stir in the Sky community: Justin … Read more