Bitcoin price resists outflow of money from ETFs

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

2 factors are combining to take bitcoin to new heights

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

UK proposes law to recognise bitcoin as personal property

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

65% of cryptocurrency users are bitcoin holders

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

Bitcoin is ready to “explode in any direction”: Glassnode

Key facts: The price increase of the last few days could be temporary. In the medium and long term, bullish expectations remain in place for Bitcoin. The price of Bitcoin (BTC) has been in a sideways range for more than 5 months, when it reached its all-time high (ATH) of $73,700. While bullish expectations are … Read more

Bitcoin miners robbery in Paraguay ends in shootout between criminals and police

Key facts: The criminals escaped with more than 15 Bitcoin ASIC miners. Police found another 7 mining machines at the site, which were confiscated. In the San José neighborhood of Ciudad del Este, Paraguay, a robbery of Bitcoin miners ended in a violent confrontation between criminals and police, during which gunfire was exchanged. Still, the … Read more

Inflation in the United States is lower than expected

Key facts: Bitcoin remains around $56,000. Interest rate cuts would be beneficial for volatile assets such as bitcoin. The inflation in the United Statesthe world’s leading financial power, fell in August to the lowest level in more than three yearswhich could open the door to an interest rate cut by the Federal Reserve. This scenario, … Read more

Harris vs Trump debate overlooks Bitcoin and community reacts

Finally, the long-awaited meeting took place. The two main candidates for the presidency of the United States, Kamala Harris and Donald Trump, staged a debate on September 10 to confront their ideas, in a meeting in which bitcoin (BTC) was once again left out of the discussion, provoking reactions from the community that revolves around … Read more

When will the bull market return for bitcoin? Matt Hougan explains his hypothesis

Key facts: The final quarter of the year will be bullish for bitcoin, according to Hougan. There is currently uncertainty in the cryptocurrency market. Matt Hougan, Bitwise’s Chief Investment Officer, predicts a significant change in the price of Bitcoin (BTC) in October and November. It is then that the digital asset could break out of … Read more

SEC Accumulates $7.5 Billion in Fines for Bitcoin Ecosystem

Key facts: SEC fines on cryptocurrency ecosystem increased 3,000% in one year. In 2024, the SEC imposed the largest fine on record on a company, of USD 4.6 billion. The U.S. Securities and Exchange Commission (SEC) has imposed cumulative fines amounting to $7.5 billion on the bitcoin (BTC) and cryptocurrency ecosystem since 2013, according to … Read more