Gold Price Hits New All-Time High – What Does It Mean for Bitcoin?

Gold just set a new record price today, September 20, above $2,600 (USD) per ounce. This movement shows differences in the behavior of stocks and bitcoin (BTC). With this movement, The price of gold continues its trend of reaching new historical highs this yearThis can be seen in the following graph. Gold price in recent … Read more

Fractal Bitcoin Merged Mining is Live! ViaBTC Offers You Zero Fees

Exciting news! We are pleased to announce that Fractal Bitcoin (FB) merged mining is now officially live. Starting from September 19th, 2024, ViaBTC will enable FB+BTC merged mining and offer a limited-time promotion with zero fee for FB mining in the first month. Fractal Bitcoin Background Fractal Bitcoin is a native scaling solution launched by … Read more

Fractal Bitcoin can now be mined alongside Bitcoin

Key facts: Merged mining allows miners to mine two cryptocurrencies at the same time. Fractal Bitcoin, a BTC sidechain, launched its mainnet on September 9. ViaBTC, one of the most recognized cryptocurrency mining pools, announced the launch of merged mining for Bitcoin (BTC) and Fractal Bitcoin (FB). This initiative, also called combined mining, will allow … Read more

The plan with bitcoin created at Harvard to combat the crisis

With the goal of transforming the financial landscape, a group of Harvard students and alumni have launched the New Bretton Woods Project (NBW), a blockchain-based initiative that includes bitcoin (BTC) as a way to provide solutions to the global economic crisis. The project will begin to be launched in the coming weeks at the Harvard … Read more

MicroStrategy buys more bitcoin and now has more than 250,000 BTC

MicroStrategy, led by Michael Saylor, acquired more than 7,400 bitcoin (BTC) between September 13 and 19, investing almost USD 460 million in the digital currency. With this purchase, the company now has a total of 252,220 BTC, consolidating itself as one of the main whales in the BTC market. The most recent purchase was made … Read more

BlackRock’s Bitcoin ETF has its worst month since launch

Bitcoin (BTC)-based exchange-traded funds (ETFs) in the United States reported net inflows of more than $158 million on Thursday, recovering from outflows of $52 million recorded the previous day. However, the fact that stands out is that, from August 25 to September 19, BlackRock’s iShares Bitcoin Trust (IBIT) only had capital inflows on a single … Read more

Hong Kong may influence China to open its doors to cryptocurrencies: Chainalysis

Key facts: Hong Kong accounts for East Asia’s largest year-over-year growth in cryptocurrency usage. Chinese people are using cryptocurrencies to preserve their wealth, the company says. Hong Kong has emerged as an epicenter of bitcoin (BTC) and cryptocurrency adoption in the Greater China region, according to a recent report from blockchain analytics firm Chainalysis. In … Read more

How will the price of Bitcoin continue to perform this year in light of the rate cut?

Key facts: The US presidential election is positioned as a key factor for the market. October could be a positive month for Bitcoin, according to history. With the US interest rate cut for the first time in more than four years, markets have a new driver. This monetary policy lowers the cost of borrowing, increases … Read more

Germany closes 47 bitcoin and cryptocurrency exchanges

German authorities have closed 47 bitcoin (BTC) and other cryptocurrency exchanges, claiming they are linked to criminal activity. The operation was carried out by the Frankfurt am Main public prosecutor’s office in collaboration with the Central Office for Combating Cybercrime and the Federal Criminal Police Office. These exchanges, according to the authorities, facilitated anonymous transactionswhich … Read more

More than 20,000 bitcoin options are about to expire

Key facts: The ratio of put options to call options is at 0.86. BTC has been performing reasonably well from September until now. This Friday, September 20, the Bitcoin (BTC) options market is facing a significant event: 20,200 BTC options are about to expire. This is no small event, considering that the notional value of … Read more