The price of oil plummets. What does this data tell us?

Weak oil demand in China has been the main underlying problem. Donald Trump has promised to end wars, something that benefits bitcoin. Oil has fallen drastically in recent weeks, losing 12% of its value, and approaching the lowest levels seen since May 2023, according to the financial newsletter ‘The Kobeissi Letter’. Meanwhile, bitcoin (BTC) and … Read more

Milei enables investment in bitcoin on the Argentine stock market

Two days ago, the National Securities Commission (CNV) of Argentina issued regulations applicable to the special regime of Open Common Investment Funds (FCI), through which it enables bitcoin (BTC) and cryptocurrencies as new investment options, within these funds. Such as reported the CNV On its official site, the inclusion of these new options was made … Read more

Goldman Sachs increased its investment in bitcoin by more than 100%

Goldman Sachs now owns 12.7 million shares of the BlackRock ETF. The firm reported that it has holdings of ether (ETH) through ETFs. Goldman Sachs, one of the world’s largest investment banking and financial services firms, increased its investment in bitcoin (BTC) through exchange-traded funds (ETFs) in the last three months. The information is available … Read more

Binance breaks records in bitcoin futures contracts

Binancealong with other cryptocurrency exchanges, broke records in bitcoin (BTC) futures contracts, according to CryptoQuant analysis. The firm notes that, in general, when the BTC derivatives market “heats up,” especially in the futures segment, along with a significant price increase, “the market may experience increased volatility.” According to the datathe BTC futures market has reached … Read more

The US elections left 3 lessons for bitcoin investors

“Cryptocurrencies will continue to be a political force,” says Samir Kerbage. It is still early to invest in digital assets. The presidential elections of November 5 in the United States have left a series of valuable lessons for bitcoin (BTC) and cryptocurrency investors. The election of leaders with favorable positions towards the digital assets sector, … Read more

“The massive bitcoin rally hasn’t even started”: Sean Brodrick

The biggest winner of the US elections was bitcoin, according to the analyst. Given the limited supply of bitcoin, he says its price could see high bullish volatility. There are reasons to expect much higher prices for bitcoin (BTC), according to analyst Sean Brodrick. The rise to new records, which the asset has had since … Read more

Bitcoin at $140,000 “is justified”: Capriole Investments

With a pro-bitcoin (BTC) government taking the lead in the United States, the digital currency has begun to navigate a phase of sustained gains. The investment firm Capriole Investments claims that, after years of undervaluation, bitcoin market prepares to reach $140,000. “It is difficult to predict when fundamental barriers in its value will be broken,” … Read more

18 US states sue SEC for persecution of Bitcoin industry

They allege that the SEC has violated the rights of states to regulate their economies. The agency has committed “serious government overreach,” the lawsuit says. This Wednesday, 18 US states filed a lawsuit against the Securities and Exchange Commission (SEC) and its commissioners, accusing them of unconstitutional overreach and unfair persecution of the cryptocurrency industry … Read more

Why did cryptocurrency laundering fail in Argentina?

Laundering of crypto assets was very low, while laundering of cash was a success. The failure of crypto laundering occurred mainly due to unclear regulations. The Tax Reform approved in the middle of this year in Argentina included an “Asset Regularization Regime”, popularly known as “money laundering”. Since its entry into force, people and companies … Read more

“It has been a great honor”

Gary Gensler, chairman of the United States Securities and Exchange Commission (SEC) since April 2021, delivered a speech during the Practicing Law Institute’s 56th annual securities regulation conference, which many interpreted as a sign of his imminent departure from the agency. In your interventionGensler called the SEC an “extraordinary agency” and He expressed his gratitude … Read more