Colombia opens the doors to BlackRock’s bitcoin ETF

The launch was done in conjunction with the firms Acciones & Valores SA and Trii. IBIT is the largest bitcoin ETF in the world, with more than $50 billion in assets. Starting this week, the Colombian Stock Exchange began trading the IBIT bitcoin (BTC) exchange-traded fund (ETF), issued by the world’s largest asset manager, BlackRock, … Read more

“This bitcoin fall is typical bull markets”: Scott Melker

For the trader, the decline prepares the ground for the next bullish stage. “The cryptocurrency market could not be better positioned,” says Melker. The price of bitcoin (BTC), which three days ago reached a new all-time high above USD 108,000, fell today to USD 92,000. And, although it later recovered slightly, it raises questions about … Read more

Can Spanish companies save in bitcoin?

Since the middle of this year, the issue of strategic bitcoin (BTC) reserves among companies has been escalating. Currently, more than a dozen companies from different parts of the world, and dedicated to different areas, announced their own BTC treasuries. The general idea among these companies is to seek to diversify their treasuries and protect … Read more

One of the largest oil companies enters Bitcoin mining

360 Energy converts waste gas into energy to power data centers and BTC miners. More and more companies that were not born linked to Bitcoin are beginning to adopt it among their strategies. Halliburton (HAL), one of the largest oilfield services companies in the world, announced this December 18, 2024 its partnership with 360 Energy, … Read more

Bitcoin Rising on New US Inflation Data

The price of bitcoin once again exceeded $95,000. Inflation, although positive, was lower than expected. The price of bitcoin (BTC) registered a significant rise after the publication of new data from the personal consumption expenditure (PCE) price index in the United States. This report is key to evaluating inflation in financial and economic power, so … Read more

SEC approved 2 combined bitcoin and Ethereum ETFs

The United States Securities and Exchange Commission (SEC) approved the first exchange-traded funds (ETF) that combine bitcoin (BTC) and ether (ETH), Ethereum’s native cryptocurrency, the two main digital assets on the market. The new financial products were requested by investment firms Hashdex and Franklin Templeton. According to the SEC, the presentation updated by Franklin Templeton, … Read more

the price fell due to historic money outflow

Bitcoin (BTC) exchange-traded funds (ETFs) in the United States recorded unprecedented capital outflows yesterday. They ended the day with withdrawals of 680 million dollars (USD). This new record of outputs in one day in these instruments exceeds the one it had until then by 25%which had been USD 541 million almost two months ago. Yesterday’s … Read more

El Salvador takes advantage of the fall of bitcoin and buys 11 BTC

El Salvador has a BTC treasury valued at more than USD 580 million. In this way, the country reaffirms its commitment and puts a stop to skeptical views. This Thursday, December 19, El Salvador, under the government of Nayib Bukele, added 11 BTC to its treasury, reaffirming its long-term vision and destroying the pessimistic speculations … Read more

Bitcoin still far from ‘saturation point’, says Glassnode

Bitcoin’s bullish cycle is advanced, but still far from over. Old investors are taking profits to make way for new entrants. According to the recent movements of bitcoin (BTC) investors, the current bullish cycle is still strong to continue. This is according to a new report from the research firm Glassnode published on December 18. … Read more

“Bitcoin at $740,000 is feasible”: CEO of Pantera

Bitcoin maintains its bullish trend, and optimism about its growth potential continues to gain strength among the main market players. In early December, the currency surpassed $100,000 for the first time and reached an all-time high of $108,000 on December 17, as you see in the graph of TradingView. BTC price. Source: TradingView. However, for … Read more