The bitcoin (BTC) market has experienced notable dynamics in recent days. There was an 8-day streak of positive net inflows into BTC spot exchange-traded funds (ETFs) that has directly influenced the buying pressure in the market. This phenomenon has been consolidated since September 19, 2024, with the price of bitcoin remaining firmly above $63,500. Monday, … Read more
Global liquidity has reached new record levels, after maintaining stability for the last two years. This means that there is more capital available in the economy, which exhibits a new scenario for the financial world. Historically, global liquidity has increased after long periods of stability, driving greater demand in the markets. Consequently, assets like bitcoin … Read more
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
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’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
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
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
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
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
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