Bitcoin and Gold May Soar Next Week, According to JP Morgan

Analysts at JP Morgan, the largest bank in the United States, project that a victory by Donald Trump in the next presidential elections in that country could act as an upward catalyst for the price of gold, bitcoin (BTC) and the rest of the cryptocurrencies. Specialists argue that “retail investors seem to be adopting ‘devaluation … Read more

Central Bank of Argentina exposes Bitcoin and other cryptocurrencies miners

Apart from the miners, destroyed banknotes are displayed, in reference to the future of currencies. The artistic exhibition is exhibited in the BCRA Historical Museum. The Central Bank of the Argentine Republic (BCRA) inaugurated an unprecedented exhibition in its Historical Museum. The exhibition, shared by the artist Alberto Echegaray and titled “Art, Artificial Intelligence and … Read more

Coinbase expects 20% of global GDP to be based on cryptocurrencies

Coinbase, the second largest bitcoin (BTC) and cryptocurrency exchange on the market, made a projection on the future of crypto assets in the global economy. For the exchange, these assets will make up around 20% of global gross domestic product (GDP) in the coming years. During the third quarter financial results call, held on Wednesday, … Read more

Memecoin on Bitcoin broke commissions on the network

This is the Memento Mori token, created using the Runes protocol. One block recorded 7,236 transactions and a fee figure of more than $755,000. On October 30, 2024, fees on the Bitcoin (BTC) network spiked for about an hour. This occurred during the process of coining the memecoin Memento Mori, created with the Runes protocol. … Read more

Memecoin on Bitcoin broke commissions on the network

This is the Memento Mori token, created using the Runes protocol. One block recorded 7,280 transactions and a fee figure of more than $720,000. On October 30, 2024, fees on the Bitcoin (BTC) network spiked for about an hour. This occurred during the process of coining the memecoin Memento Mori, created with the Runes protocol. … Read more

The new US inflation data was released. How will it impact bitcoin?

The United States Personal Consumption Expenditure (PCE) Price Index was released today. It is a key indicator of inflation in the main financial power and is used to evaluate the change in the cost of living. The report published by the Office of Economic Analysis of the US Department of Commerce highlights that the PCE … Read more

CZ appears in public for the first time after being released from prison

Changpeng Zhao stated in an interview that his time in prison helped him “refocus.” Zhao served four months in prison in the United States for different crimes. Changpeng Zhao (CZ), former CEO and founder of Binance, made his first public appearance after serving a four-month sentence in the United States. The businessman attended the Binance … Read more

Bitcoin is about to hit a new all-time high in 2024

Bitcoin is marking a trend change, approaching its all-time high. Positive reports from the US economy and ETFs boost BTC price. The winds seem to be blowing in a clear direction: bitcoin (BTC) is about to hit a new all-time high (ATH), surpassing the current one of $73,737. This was expressed by the renowned trader … Read more

“we sold most of our cryptocurrencies”

The net value of the cryptocurrencies and the recognized profit “was irrelevant,” says Reddit. Reddit argues that long-term mass adoption of cryptocurrencies “is uncertain.” Reddit announced to the United States Securities and Exchange Commission (SEC) that it has sold the majority of its accumulated cryptocurrencies. The platform indicated that, since September 30, 2024, “we sold … Read more

3 keys to understand the validity of the Bitcoin White Paper 16 years after its publication

Today marks 16 years since pseudonymous Bitcoin creator Satoshi Nakamoto shared the White Paper of Bitcoin BTC on a cyberpunk mailing list. “I have been working on a new electronic money system that is entirely peer-to-peer, with no trusted third parties,” Satoshi said in an October 31, 2008 email where he shared the paper titled … Read more