Is Kamala Harris better than Trump for Bitcoin price? VanEck thinks so

While many expect Donald Trump (Republican candidate), with his deregulatory approach, to be Bitcoin’s best ally, asset manager VanEck suggests that Kamala Harris (Democratic candidate), could be more beneficial to the digital currency than the former president. How is this possible? VanEck, through a report Led by Matthew Sigel, Director of Digital Asset Research, and … Read more

Microstrategy beats Nvidia in 4-year returns thanks to Bitcoin

Key facts: MicroStrategy has a total of 252,220 BTC in its investment portfolio. The company also outperforms companies in sectors such as pharmaceuticals, aerospace and energy. MicroStrategy (MSTR), founded and chaired by Michael Saylor, has surpassed giants like Nvidia in terms of returns since adopting an aggressive bitcoin investment strategy. In a message via social … Read more

US bank losses hit record levels

Unrealized losses at U.S. banks have reached a record $512 billion, raising concerns about the stability of the financial system. This phenomenon has persisted for 11 consecutive quartersnoting that problems in the banking sector have lasted longer than expected, according to a comment from The Kobeissi Letter. Unrealized losses are those that a bank has … Read more

Bitcoin transaction fees hit their lowest levels in a year

Transaction fees on the Bitcoin network are at an extremely affordable point, as shown by Mempool.space. Low, medium and high priority transactions are between 4 and 5 satoshis per byte (sat/vB), which is equivalent to less than a dollar. This means that the rates are at 0.35, 0.44 and 0.44 dollars respectively for each priority … Read more

MicroStrategy beat the S&P 500 with its bitcoin investment

MicroStrategy has outperformed the S&P 500 index thanks to its investment in bitcoin (BTC), according to data revealed by Michael Saylor, the company’s CEO. Since adopting BTC as part of its corporate strategy in August 2020, the company has seen over 1,000% growth in its stock performance. MicroStrategy’s performance not only outperformed the S&P 500. … Read more

Bitcoin over $63,000 after capital inflows into ETFs and options expiry

Key facts: BTC is trading around $63,100, according to data from CoinMarketCap. A rebound in the Bitcoin price was expected after the options expired. Bitcoin (BTC) remains above $63,000 on Saturday, September 21, trading at around $63,100 according to data from CoinMarketCap. This follows a day marked by the inflow of capital into Bitcoin exchange-traded … Read more

With Bitcoin Beach and Bitcoineta Inka, the use of BTC grows in Peru

Key facts: The most vulnerable people and sectors of the South American country are adopting bitcoin. Bitcoin stands out in the South American country as a tool for financial inclusion. The adoption of bitcoin (BTC) and other cryptocurrencies is gaining momentum in Peru. In one year, the country has climbed six places in the global … Read more

Bitcoin is up and not just because of the rate cut, find out in the news summary

This week ends with the clearing of expectations that have been held for months regarding interest rates. The Federal Reserve (Fed) finally announced a cut and the bitcoin (BTC) market responded with a price increase that reached USD 63,000. In this way, the hope that the price of the digital currency will rise The economy … Read more

SEC approves options based on BlackRock’s bitcoin ETF

The U.S. Securities and Exchange Commission (SEC) has today approved BlackRock’s proposal to list and trade options on its spot bitcoin exchange-traded fund (ETF), known as the iShares Bitcoin Trust (IBIT). Through a statementthe SEC highlighted that the approval was granted in an “accelerated” manner to BlackRock, the world’s largest asset manager, underscoring that continues … Read more

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