A week for bitcoin begins full of economic announcements

Various events are expected this week that could contribute to the rise of bitcoin (BTC) or hinder it, depending on its development. Every day of the week, except Wednesdaythere will be speeches from different Federal Reserve officials (Fed), Central Bank of the United States. Although Jerome Powell, the president of the organization, will not appear, … Read more

How Bitcoin prevents scams like Rainbowex

“Bitcoin is the best crypto asset. What is the second best crypto asset? There is no second best.” Michael Taylor On the Argentine media agenda this week news higher was that of a Ponzi scheme that captured much of a small town’s savings of around seventy thousand inhabitants in the interior of the province of … Read more

US Inflation Expectations Soared to Highest Level in 40 Years

In October, inflation expectations among US consumers for the next 5 to 10 years reached 7.1%, the highest level in more than 40 years. This figure is has duplicated in a few months, reflecting the University of Michigan Consumer Survey. Historically, inflation expectations have hovered around 3% over the past three years, marking a significant … Read more

Salvadorans’ interest in bitcoin falls and the probability increases according to the IMF

According to the most recent survey carried out among the population of El Salvador, almost 8% of citizens said they use bitcoin (BTC) for their daily transactions. A percentage that represents a drop in the interest of the citizens of that country in the cryptocurrency since it was declared legal tender in 2021. This is … Read more

Robert Kiyosaki sees “the collapse of all markets” very close

In Kiyosaki’s opinion, prices in the stock market have been high for a long time. Those who are prepared (investing in bitcoin) will be able to prosper, he said. For the investor and author of best sellers Robert Kiyosaki, there are currently many economic indicators that are not giving good signals about the future, one … Read more

Satoshi has always been among us

“Existence precedes essence” Jean-Paul Sartre Satoshi is Bitcoin. That is the ultimate truth about your identity. The social convention regarding whose flesh and bones keyed the code for the most advanced money technology in history is not relevant. Nakamoto’s being is realized and updated in every transaction that is written to the network’s ledger. And … Read more

Bitcoin falters and Satoshi still does not appear, see it in the news summary

El Salvador launches buyback offer for its foreign debt. With criticism and memes, this is how the bitcoin community reacted to the HBO documentary. Bitcoin (BTC) experienced a rise and fall that led its value to fluctuate between $59,000 and $64,000 throughout the week. The inflation announcements made in the United States caused the price … Read more

Argentina on alert for cases of cryptocurrency scams

The Argentine Chamber of Fintech launched an alert after the events in San Pedro and other towns in Buenos Aires, where the operations of Rainbow Exchange and Knight Consortium are being investigated. These platforms, according to multiple victims, They operate with characteristics of pyramid schemes: They promise exorbitant returns, recruit users on unregistered platforms, and … Read more

Bitcoin maintains “critical” price level. What’s next?

A loss of new support could send bitcoin to lows not seen in seven months. Low volatility is expected for the price, according to trader Miles Deutscher. The price of bitcoin (BTC) has returned to around $63,000 (USD) today. This shows a change in the trend experienced during the week. Precisely, the currency fell yesterday … Read more