For Dan Morehead’s prediction to come true, BTC should maintain its current trend. The businessman believes that the industry will benefit from Trump coming to power. Dan Morehead, founder of Pantera Capital, released an ambitious prediction for the price of bitcoin (BTC) placing it at $740,000 per unit by April 2028, driven by a combination … Read more
The creation of reserves in bitcoin is promoted by Michael Saylor and American politics Currently, only 0.01% of publicly traded companies hold bitcoin. During the almost-ended month of November, a total of 10 companies announced the creation of their own strategic reserves of bitcoin (BTC). Mostly influenced by US politics, as well as the example … Read more
In what seems to be a race to get as much bitcoin (BTC) as possible, mining companies are not only dedicated to mining this crypto asset, but are also beginning to employ strategies to buy BTC and thus build your store of value with the currency created by Satoshi Nakamoto. Such is the case of … Read more
50 million ounces of gold await the country to reverse the law that prohibits metal mining. Bukele’s bitcoin strategy is already giving strong signs that it is working. The president of El Salvador, Nayib Bukele, is determined to continue diversifying the national treasury after he revealed, in March of this year, the address of a … Read more
The fever of cryptocurrency-based ETFs does not stop. The investment manager Bitwise submitted an application for authorization to issue an exchange-traded fund that groups 10 digital assets. The proposed financial instrument is based on the already existing Bitwise 10 Crypto Index Fund, released in November 2017. The background, according indicates the documentis made up of … Read more
When the 2012 halving occurred, the price of bitcoin was $12. The halving positions bitcoin as a beacon of predictability. On November 28, 2012, an event occurred that went unnoticed by most people: bitcoin (BTC) had its first halving. At that time, the price of BTC was around $12and its network was still an experiment … Read more
This is the company SOS Limited, dedicated to technology, finance and cryptocurrency mining. The shares of this company were trading at $7 and its price rose to almost $15. The shares of a Chinese company skyrocketed more than 100% in the last 24 hours after learning that its Board of Directors approved a plan to … Read more
The market capitalization of stablecoins reached $190 billion, marking a new all-time high (ATH). This is a factor that favors bullish expectations for bitcoin (BTC), which was close to exceeding the $100,000 line. This is because, historically, there is a correlation between the market capitalization of stablecoins, BTC and cryptocurrencies. Many investors often buy stablecoins … Read more
Bitcoin (BTC) surpassed $97,000 yesterday, November 27, raising hopes that it would finally reach the long-awaited $100,000. However, a pullback left the digital currency holding out at $95,000. What prevented BTC from falling below that mark? The answer lies in the performance of bitcoin ETFs spot in the United States, which acted as a lifeline … Read more
Ken Sim, mayor of Vancouver since 2022, recently announced a plan to use bitcoin as a reserve asset. The proposal was presented during the municipal council meeting on November 26, under the title “Preserving the city’s purchasing power through diversification of financial resources: becoming a Bitcoin-friendly city.” Currently, this meeting is available on the city … Read more