Key facts: Bitcoin ETFs marked their fourth consecutive day of positive money flows. There is a lot of optimism for the third quarter, which begins in less than a week. Bitcoin (BTC) has been trading around $63,000 for the past week, though it has shown some momentum recently. Over the past three days, its price … Read more
Key facts: Global central bank liquidity has fallen to its lowest level since 2020. As liquidity dries up, traditional financial markets face more challenges. Over the past two years, the balance sheets of the world’s major banks have seen an estimated 25% decline. This is one of the lowest levels of bank reserves since 2020 … Read more
Bank of New York Mellon (BNY Mellon), the oldest bank in the United States, announced its plan to implement custody services for bitcoin (BTC) and ether (ETH), specifically for exchange-traded fund (ETF) investors. This development represents a milestone in the adoption of cryptocurrencies by traditional financial institutions. The BNY Mellon’s decision is based on a … Read more
Key facts: They now have the funds necessary to operate without any problems until the end of this year. They will implement a savings method to accumulate reserves and avoid the same situation in the future. Mi Primer Bitcoin, the El Salvador-based nonprofit dedicated to Bitcoin (BTC) education, announced that it has overcome its financial … Read more
Key facts: According to the government, “illegal” farms have been detected in some other regions. Unauthorized cryptocurrency mining is causing power outages, Russian officials say. Russian authorities say they will pay more attention and effort to combat illegal Bitcoin mining. This is amid power outages and repairs due to the arrival of winter expected in … Read more
Key facts: According to the congressmen, this regulation turns the capacity of cryptocurrency custody “upside down.” They criticise that the regulations were issued without consulting any of the prudential regulators. In a letter to Securities and Exchange Commission (SEC) Chairman Gary Gensler, a group of 42 Republican lawmakers, led by Patrick McHenry (R-NC) and Senator … Read more
The US Federal Reserve (Fed) has cut its interest rate by 0.5 percentage points, bringing it to 5.0%. This is the first reduction since 2020 by the agency led by Jerome Powell. As reported by CriptoNoticias, bitcoin (BTC) and cryptocurrencies reacted with high volatility after the agency’s decision was announced. In contexts of lower interest … Read more
With the interest rate cut in the United States last week, Bitcoin (BTC) has experienced a rebound. However, at the moment, it has not managed to break through a key technical zone, which is crucial for the increase to continue. “BTC remains below the critical high of August 25 at USD 65,200,” it highlights in … Read more
Key facts: Over the past two weeks, the price of BTC has been on the rise. Bitcoin on-chain analysis allows us to distinguish how the market might continue. While the price of Bitcoin (BTC) is still in a corrective sideways period for six months, the market is showing positive signs. According to 3 metrics, The … Read more
Key facts: US interest rate cut marks turning point for volatile assets. Bitcoin soared above $63,000 after rate cut The US Federal Reserve (Fed) has decided to cut interest rates by 0.5 points, bringing them to 5%. Markets reacted with high volatility after the announcement, although doubts remain as to what direction the economy of … Read more