The digital currency is setting new all-time highs. Despite this, the market, in general, remains extremely greedy. Bitcoin (BTC) surpassed $107,000, achieving a new all-time high that boosted the accumulated gain since the US elections to more than 50%. US President-elect Donald Trump’s promise to create a strategic bitcoin reserve has supported the currency’s recent … Read more
Under new rules, companies will measure cryptoassets at fair value The change will further cement BTC’s dominance in the fabric of modern finance. Following in the footsteps of MicroStrategy, the company with the most bitcoin (BTC) in the world, will be much easier now that an update to the Financial Accounting Standards Board (FASB) came … Read more
The launch of RLUSD will favor XRP, if the stablecoin turns out to be successful. Taking profits is essential to avoid suffering possible price drops. The XRP cryptocurrency has emerged in the last month as a key contender to other digital assets. In its price rise it has left behind (in market capitalization) giants like … Read more
The next interest rate decision in the United States is Wednesday, December 18. There is a 96% chance of a 25 basis point rate cut, according to CME. The price of bitcoin (BTC) has reached $103,000 (USD) today, while a significant event is expected for the markets this week. This is the decision on interest … Read more
The American stock market Nasdaq announced today the results of the annual reconstitution of the Nasdaq-100 Index (Nasdaq: NDX®), which will take effect before the market opens on Monday, December 23, 2024. It highlights the inclusion of MicroStrategy, the company led by institutional bitcoiner Michael Saylor. MicroStrategy was primarily known for its business intelligence and … Read more
Keizer believes that bitcoin will soon accelerate the loss of value of the gold metal. The accelerated adoption of bitcoin increasingly challenges the gold market. President Nayib Bukele’s decision to accumulate bitcoin (BTC) and gold, as treasures of El Salvador, has sparked an intense debate in the community that revolves around cryptocurrencies. Max Keiser’s advice … Read more
Bitcoin (BTC) opened the day trading above $100,000 (USD), after recovering this level yesterday. This scenario comes as demand for exchange-traded funds (ETFs) remains strong. Bitcoin ETFs in the United States, where the largest stock market operates, yesterday they recorded their tenth consecutive day of capital inflows. They have accumulated more than USD 4.3 billion … Read more
Ripple USD (RLUSD) will be a stablecoin that will maintain parity with the US dollar. Ripple will begin to compete against industry giants such as Tether and Circle. Ripple, the company known for its XRP cryptocurrency and its focus on cross-border payment solutions and tools for banks, is on the threshold of a “hinge” milestone … Read more
Dalio cites the cases of the United States and China, although he excludes Germany. His statements come within the framework of Abu Dhabi Finance Week (ADFW). Billionaire Ray Dalio, founder of the hedge fund Bridgewater Associates, took advantage of Abu Dhabi Finance Week (ADFW) to warn about current debt levels, which he considers unprecedented; In … Read more
The price of bitcoin reacts downward after hearing this news. In general, the majority expectations were that “no” would win. The Microsoft Shareholders’ Meeting would have voted that they will not evaluate the investment in bitcoin (BTC). This is reported by the portal dbnewswithout revealing what their sources are. As of this publication, there is … Read more