Bukele assures that “El Salvador will no longer spend more than it produces”

Key facts: Bukele promises not to issue more debt, although he did not explain what measures he will take or what the role of BTC will be. “We are not even going to lend money to pay the interest on the debts we inherited.” “On September 30, we will present to the Legislative Assembly, for … Read more

Interest rate cuts will not be as expected by the market

Key facts: Markets are pricing in cuts like those in past recessions, the agency says. Analysts are predicting a rate cut of just 25 basis points. BlackRock Investment Institute has issued a note stating that the US Federal Reserve (FED) will not follow market expectations regarding interest rate cuts. Although markets are pricing in deep … Read more

Bitcoin attracts a million-dollar inflow of institutional funds

Key facts: The US saw inflows totaling USD 416 million, Coinshares reported. Bitcoin was the main inflow, with USD 436 million invested in it. Last week marked a turning point for bitcoin (BTC) and cryptocurrency investment products, with a total of $430 million in capital inflows, CoinShares reports. This move ends two negative weeks that … Read more

Nervos Network price soars after Lightning Network version is implemented

Nervos Network (CKB), the native cryptocurrency of the eponymous layer 2 network on top of Bitcoin, leads the weekly rise of digital currencies within the top 100 by market capitalization. The increase in the price of the asset occurs after its development team will announce the launch of the test network Fiber Network, a decentralized … Read more

Ethereum would benefit from US interest rate cuts

Key facts: DeFi returns could top 5%, says Bernstein. The interest rate cut could be 0.25% or 0.50%. With a potential interest rate cut by the US Federal Reserve (Fed) on the horizon, Ethereum could stand to gain from this economic adjustment. In this case, decentralized finance (DeFi), where the Ethereum network leads the way, … Read more

Gold is king in a market with an uncertain trend

Key facts: For the firm, investors are leaning towards traditional safe haven assets. Bitcoin is 20% below its all-time high. The price of an ounce of gold reached a new all-time high (ATH). It surpassed the $2,582 barrier in an adverse context for financial markets, including bitcoin (BTC) and cryptocurrencies. For CryptoQuanta data provider firm … Read more

Nemo Latam, the first cryptocurrency exchange to open physical offices in Peru

A new bitcoin (BTC) and cryptocurrency exchange has just opened physical offices to directly serve the public in Lima, the capital of Peru. As reported in a statement sent to CriptoNoticias, it is the Nemo Latam platform. A company originally from the United States that is now offers the purchase and sale and trade of … Read more

SEC removes term ‘securities’ for 12 cryptocurrencies traded on Binance

The U.S. Securities and Exchange Commission (SEC) has amended its complaint against cryptocurrency exchange Binance by removing the phrase “crypto-asset securities.” “We apologize for any confusion this word may have caused,” agency officials said in a statement. a court file published on September 12. There he also announced that will use more cautious language in … Read more

Puell multiple is giving buy signal for bitcoin

September is a historically adverse month for financial markets, including bitcoin (BTC) and cryptocurrencies. However, there are signs that suggest the price correction could be coming to an end and that the digital currency created by Satoshi Nakamoto is providing buying opportunities before the end of the third quarter of 2024. One of the indicators … Read more

Memecoins are speculative but easy to understand, says researcher

At the Modular conference, organized by the Ripio exchange in São Paulo, Brazil, Alexandre Guilherme, a researcher at Paradigma Education, offered his perspective on the phenomenon of memecoins or meme cryptocurrencies. These assets, although speculative, are simple to understand and have a cultural appeal that makes them stand out in the market, He stated the … Read more