Key facts: Bitcoin is preparing to enter a new bull run, says analyst. Bitcoin could potentially go to $190,000 in this bull cycle. Bitcoin (BTC) has consolidated its price both above and below the $60,000 level, preparing for a new run towards all-time highs, according to the market analyst who identifies himself on specialized forums … Read more
According to the results of a survey conducted by German bank Deutsche Bank, users of Bitcoin (BTC) and other cryptocurrencies are less optimistic than at the beginning of the year regarding the future of the market. There is a pessimistic sentiment about the short-term outlook for bitcoin, while there is little hope for the survival … Read more
Key facts: Standard Chartered believes there could be a temporary sell-off if Harris is elected. For Geoff Kendrick, executive of the bank, regulatory changes are a positive factor for BTC. British bank Standard Chartered has made projections on the price of bitcoin (BTC) for the end of 2024, suggesting that the digital currency could reach … Read more
Key facts: India maintained its top position in the annual global cryptocurrency adoption report. Central and South Asia lead the 2024 Index, with seven of the top 20 countries located in Mexico continues to climb positions in the cryptocurrency adoption ranking, consolidating itself as the third country in Latin America with the highest use of … Read more
Key facts: CbBTC is backed 1:1 by the bitcoin held by Coinbase. The wrapped BTC token will be available for trading on DEX with Coinbase Wallet. Coinbase, the largest cryptocurrency exchange in the United States, announced on Thursday, September 12, the launch of its wrapped bitcoin (BTC) token, called cbBTC, expanding the ways to use … Read more
All indications are that the stage is set for the US Federal Reserve (Fed) to announce a possible interest rate cut on September 18. For more than a year now, these rates have been the highest in two decades, and their adjustment could trigger high volatility in the financial markets. Bitcoin (BTC) would not be … Read more
Bitcoin (BTC) exchange-traded funds (ETFs) in the United States reported outflows of more than $43 million yesterday, breaking a streak of two consecutive days of net capital inflows. According to data from the investment company SosoValueArk & 21Shares’ ARK 21Shares Bitcoin ETF (ARKB) saw outflows of $54 million, while Grayscale’s Grayscale Bitcoin Trust (GBTC) saw … Read more
Currently, moves are taking shape that could push the price of bitcoin (BTC) to higher levels. Two key factors are converging and They project a possible increase in the price of bitcoinwhich could also drag the entire cryptocurrency market into an uptrend. The first factor is related to BTC reserves on exchanges. These reserves have … Read more
The UK Ministry of Justice today submitted to the UK Parliament a regulatory proposal that seeks to recognise cryptocurrencies, including Bitcoin, non-fungible tokens (NFTs) and tokenised carbon credits, as personal property. This legislation aims to offer legal protection to property owners and businesses against fraud and scams related to cryptocurrencies. According to the informed According … Read more
Key facts: Bitcoin ETFs have been one of the main drivers of adoption in the United States. Politics is a topic of great interest for Bitcoiners, who are now more concerned about regulation. Despite the ups and downs that the bitcoin (BTC) market has experienced over the past two years, interest in cryptocurrencies has not … Read more