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
More than 380 businesses in Puntarenas accept bitcoin, promoting a circular economy. Bitcoin Jungle offers financial education in vulnerable communities. Costa Rica is undergoing a bitcoiner transformation, especially in the province of Puntarenas, where the Marino Ballena National Park and Playa Uvita are located. There, the Bitcoin Jungle citadel grows, a circular bitcoin (BTC) economy, … Read more
“Ascend” reflects the decay of abandoned buildings that will be immortalized recorded in Bitcoin. The work switches between day and night modes, adding interactivity to the experience. In a new historic event for the Bitcoin ecosystem, the 250-year-old auction house Christie’s will auction the digital artwork titled “Ascend” on October 10. This is a piece, … Read more
Exceeding USD 65,000 represents a new scenario on a technical level. For analyst Melker, the bullish phenomenon known as “uptober” is coming. According to the behavior that bitcoin (BTC) is showing, key months could be coming for its investors. This is what Scott Melker, the trader known as the wolf of all streets (the wolf … Read more
For Coinbase, the positive effect of macroeconomic measures could be delayed. The bitcoin market is showing strength to start a month that is usually bullish. Bitcoin (BTC) is close to closing September on the rise, while it remains trading within the range of 65,000 dollars (USD). Thus, demand shows strength for the beginning of the … Read more
The price of gold has had a huge rise in 2024. According to technical analysis metrics interpreted by specialists from ‘The Kobeissi Letter’, this has taken gold to an “extreme” level that has been rarely seen in the history of gold trading. this precious metal. The aforementioned analysts they explain that The price of gold … Read more
Key facts: The influence of the main world financial power on bitcoin is undeniable. If hyperbitcoinization becomes a reality, it would upset the balance of economic power. Since its birth in the shadows of the 2008 financial crisis, bitcoin (BTC), the digital currency created by Satoshi Nakamoto, sparked a revolution: a decentralized economy, free from … Read more
Emerging markets give a clear sign of strength by having a general increase in their prices for the sixth consecutive day. “Emerging markets” are called developing economies that are experiencing rapid growth and industrial expansion, although they still have lower levels of infrastructure and financial stability than those of developed markets. In the stock market … Read more
Tracking capital flows through analysis on-chainis reflecting signs of strength for the price of bitcoin (BTC). With the recent interest rate cut in the United States, the price of bitcoin surpassed the cost base of short-term holders. This stands at 61,900 dollars (USD), according to data from the analysis firm Glassnode. It should also be … Read more
The hegemony of the US dollar as the global reserve currency has been a pillar of the global financial system since the Bretton Woods agreement in 1944. However, the current trend suggests that its dominance could be at a crossroads, facing increasing pressure that, although still far from a definitive collapse, it points towards progressive … Read more