The positive streak of bitcoin ETFs was broken and the price fell

Bitcoin (BTC) exchange-traded funds (ETFs) in the United States yesterday reported outflows of more than $79 million, thus breaking a seven-day streak with positive capital flows. The poor performance of financial instruments based on digital currency was boosted by the 134 million dollars that came out of the Ark 21Shares Bitcoin ETF(ARKB) of Ark Invest … Read more

European Central Bank and the FED kick the bucket against Bitcoin

“A useless piece of paper.” Minneapolis Federal Reserve “The existence of Bitcoin impoverishes.” European Central Bank Could these two sentences, expressed by central bankers from the United States and Europe, be more ironic? At first glance, it seems not. One would say, with a mocking smile, hiding a hidden rage, that these people couldn’t be … Read more

Bitcoin would reach $80,000 in November, whoever wins in the United States

Options traders have raised their expectations for the price of bitcoin (BTC), anticipating that the digital currency will hit an all-time high of $80,000 by the end of November, regardless of who wins the US presidential election. According to data seen on Deribit, which is the largest derivatives exchange in the world, the implied volatility … Read more

“Bitcoin is a solution 100 times better than any other asset”: president of OKX

The bitcoin market shows that people want a secure way to hold value. According to Hong Fang, it is advisable to review the data in the long term. Hong Fang, president of the OKX cryptocurrency exchange, gave a conference in which she highlighted the role of bitcoin (BTC) as a superior store of value. This … Read more

loans on Bitfinex skyrocketed

This Tuesday, multiple loan orders on the bitcoin (BTC) and cryptocurrency exchange Bitfinex were placed at annual percentage rates of 30%. Large traders have started increasing their positions heavily, emanating clear bullish signals for the bitcoin (BTC) and cryptocurrency market. According to Greeks.live, loan rates are they shot despite a small setback in the market, … Read more

On-chain activity in Bitcoin is growing and that is good for the price

There is a pattern of less risk aversion on the part of investors. The same thing happened in March, when bitcoin reached its most recent all-time high. On-chain analysis of bitcoin (BTC) is indicating an increase in demand from retail investors. This is demonstrated by currency transactions that are less than 10,000 dollars (USD). Watching … Read more

Argentina regulators change their view on bitcoin

CNV lawyer classified his participation in the Tech Forum event as “revolutionary.” “The current BCRA board wants to promote the cryptocurrency sector,” says a specialist. With the growing adoption of bitcoin (BTC) and cryptocurrencies in Argentina, regulators’ view of the ecosystem is changing. This was made evident by a conference at Tech Forum, a cryptoasset … Read more

India plans to ban bitcoin because “CBDCs have more advantages”

The Indian government is considering banning cryptocurrencies such as bitcoin (BTC) and ether (ETH), according to sources from institutions and regulators in that South Asian country. The main reason is that Central Bank Digital Currencies (CBDC) can offer “similar advantages” in profit transfers, but without the “risks” associated with cryptocurrencies. According to sources close to … Read more

Without internet? Don’t worry, your bitcoin is safe and you can use it offline

In 2018, Blockstream made it free to use satellite-based Bitcoin nodes. In 2023, a user created a Bitcoin Core bridge with Meshtastic, a long-term spoke project. The technologies that allow transactions with bitcoin outside the internet are not yet fully widespread, but they already exist and have demonstrated their real viability. Especially radio communication, which … Read more