With Bitcoin Beach and Bitcoineta Inka, the use of BTC grows in Peru

Key facts: The most vulnerable people and sectors of the South American country are adopting bitcoin. Bitcoin stands out in the South American country as a tool for financial inclusion. The adoption of bitcoin (BTC) and other cryptocurrencies is gaining momentum in Peru. In one year, the country has climbed six places in the global … Read more

Bitcoin is up and not just because of the rate cut, find out in the news summary

This week ends with the clearing of expectations that have been held for months regarding interest rates. The Federal Reserve (Fed) finally announced a cut and the bitcoin (BTC) market responded with a price increase that reached USD 63,000. In this way, the hope that the price of the digital currency will rise The economy … Read more

Popcat, the memecoin that leads the weekly price increase

Popcat, a Solana network cryptocurrency, leads the weekly rise of memecoins in the top 100 by market capitalization. In the past 7 days, the digital asset whose icon is a kitten named Oatmeal Its price has risen by more than 35% since was listed on Krakena cryptocurrency exchange. Since the announcement, the Solana network memecoin’s … Read more

Solana price rises ahead of Firedancer’s imminent arrival

Key facts: In the last 24 hours, Solana cryptocurrency increased by 9%. Firedancer tests promise to process over 1 million transactions per second. Solana (SOL), the native cryptocurrency of the eponymous network, has seen a significant increase in its price, up 9% in the last 24 hours. The price of SOL went from 138 to … Read more

Hong Kong may influence China to open its doors to cryptocurrencies: Chainalysis

Key facts: Hong Kong accounts for East Asia’s largest year-over-year growth in cryptocurrency usage. Chinese people are using cryptocurrencies to preserve their wealth, the company says. Hong Kong has emerged as an epicenter of bitcoin (BTC) and cryptocurrency adoption in the Greater China region, according to a recent report from blockchain analytics firm Chainalysis. In … Read more

What is true AI trading? It’s not generative AI like ChatGPT

As tools like ChatGPT and Midjourney gain popularity, many are exploring their potential in trading. However, understanding real AI trading is essential for effective investment solutions. CTO of ATPBot shared his insights on technical challenges. While generative AI can create content based on historical data, it cannot predict financial market trends. These tools rely on … Read more

Germany closes 47 bitcoin and cryptocurrency exchanges

German authorities have closed 47 bitcoin (BTC) and other cryptocurrency exchanges, claiming they are linked to criminal activity. The operation was carried out by the Frankfurt am Main public prosecutor’s office in collaboration with the Central Office for Combating Cybercrime and the Federal Criminal Police Office. These exchanges, according to the authorities, facilitated anonymous transactionswhich … Read more

More than 20,000 bitcoin options are about to expire

Key facts: The ratio of put options to call options is at 0.86. BTC has been performing reasonably well from September until now. This Friday, September 20, the Bitcoin (BTC) options market is facing a significant event: 20,200 BTC options are about to expire. This is no small event, considering that the notional value of … Read more

Bitcoin is having the best September in its history

Key facts: So far this month, its price has risen by more than 7%. The interest rate cut announced by the Fed boosted its price. September is usually a difficult month for financial markets due to seasonal reasons. In the northern hemisphere, summer is ending and the pace of economic activity slows down due to … Read more

Changes in world interest rates would affect the price of bitcoin

The US Federal Reserve (Fed) cut interest rates by 0.5 points to 5%. This is the first rate cut in 4 years, causing the price of bitcoin (BTC) and other cryptocurrencies to react with high volatility to the Federal Open Market Committee (FOMC) decision. However, the United States is not the only country making adjustments … Read more