“I don’t think the US government will make a massive shift towards bitcoin”: Arthur Hayes

Despite this, Hayes remains bullish for the price of bitcoin (BTC). Hayes explains that Trump has little time to achieve his goals. Arthur Hayes, former CEO of Bitmex, questions the direction that Donald Trump will take with respect to bitcoin (BTC) once he assumes his second term as president of the United States. First, Hayes … Read more

Bitcoin will exceed USD 1 million in 2027, according to academic paper

“Bitcoin is an attractive asset for long-term investment,” the paper highlights. The analysis was done by analysts from the NGO Satoshi Action Education. A paper academic published on December 16, 2024 warns that the price of bitcoin (BTC) could rise to 1 million dollars (USD) in three or four years. The authors of the document … Read more

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