The governor of the Central Bank of the Czech Republic, Aleš Michl, spoke during an interview about the possibility of adopting bitcoin as a strategic treasury currency. This statement comes amid the boom that the issue has experienced in recent weeks. Michael mentioned what considers BTC as a suitable asset to diversify the country’s reservesbut … Read more
The US Treasury would be empowered to monitor and audit the bitcoin reserve. Currently the Treasury has reserves of different financial assets, such as bonds and cash. The formation of a strategic reserve of bitcoin (BTC) in the United States seems to be an imminent policy, which will be carried out by President-elect Donald Trump, … Read more
Employment data was released in the United States. The market would be anticipating that the Fed will not make interest rate cuts in the coming months. One more time, bitcoin (BTC) lost $100,000 support. At the time of writing, the digital currency is trading at $98,065 on major exchanges. Paradoxically, what caused this decline is … Read more
The ETF is expected to launch in late January. The fund will be listed on the CBOE stock exchange in the United States. The Calamos Investments firm announced the upcoming launch of an exchange-traded fund (ETF), called Calamos Bitcoin Structured Alt Protection (CBOJ). This is designed to offer bitcoin upside exposure with full protection against … Read more
“Buy the rumor, sell the news,” says a rule of trading and investments. That’s probably what’s happening now. What is the “rumor”? That Donald Trump will assume his second presidential term in the United States on January 20 and will with great measures that will favor the bitcoin (BTC) and cryptocurrency industry. And that “rumor” … Read more
Spot bitcoin (BTC)-based exchange-traded funds (ETFs) recorded a capital inflow of $978 million on January 6, marking the third-largest positive inflow day in their history. Among the main beneficiaries are the Fidelity Wise Origin Bitcoin Fund (FBTC), which raised $370 millionand the iShares Bitcoin Trust (IBIT), managed by BlackRock, which totaled 209 million. Other ETFs … Read more
The pace of cuts will slow, according to the Fed chairman. There are ambiguous expectations in the financial market. The Federal Reserve (Fed), Central Bank of the United States, has just cut interest rates in the last three decisions of 2024. These movements have been key elements that motivated the rise of financial markets, including … Read more
Aníbal Garrido, cryptocurrency advisor, believes that Argentina will follow in Trump’s footsteps. In the near future, more strategic bitcoin reserves will arrive in Latin America. There are exactly two weeks left until Donald Trump assumes the presidency of the United States. A milestone for the businessman, who repeats his stay in Washington after four years … Read more
The US Federal Reserve Board said today that Michael Barr will step down as vice president of banking supervision, although he will continue his duties as a member of the Federal Reserve Board of Governors, meaning there will be no new vacancy. on the seven-member board of governors. As the Federal Reserve’s chief banking regulator, … Read more
China is aiming for a more orthodox monetary policy, which could catalyze bitcoin adoption. Different listed companies announced their own strategic reserves of BTC. According to bitcoin (BTC) investor Bill Miller, everything indicates that China will be the country that promotes a new bullish rally in bitcoin, due to a series of changes in its … Read more