Compared to Monday, the price of BTC has fallen 2.50%. In contrast, the price of oil rebounded upwards in the midst of the war in the Middle East. The price of bitcoin (BTC) fluctuates near $61,900. Just 24 hours ago, the digital currency was trading for $64,000. The decline is directly linked to the escalation … Read more
More than 380 businesses in Puntarenas accept bitcoin, promoting a circular economy. Bitcoin Jungle offers financial education in vulnerable communities. Costa Rica is undergoing a bitcoiner transformation, especially in the province of Puntarenas, where the Marino Ballena National Park and Playa Uvita are located. There, the Bitcoin Jungle citadel grows, a circular bitcoin (BTC) economy, … Read more
For Coinbase, the positive effect of macroeconomic measures could be delayed. The bitcoin market is showing strength to start a month that is usually bullish. Bitcoin (BTC) is close to closing September on the rise, while it remains trading within the range of 65,000 dollars (USD). Thus, demand shows strength for the beginning of the … Read more
In a context in which economic uncertainty predominates, investments in gold have reached unusual levels in recent months, to the point of leading the precious metal to set new historical highs and become the star of the market. In this way, rumors of a possible recession seem to be pulling hidden strings, despite the optimism … Read more
Key facts: A day of high volatility is expected for bitcoin. Investors in bitcoin ETFs are piling up, waiting for a bullish October. Today at 12:30 PM (UTC time) the United States Personal Consumption Expenditure (PCE) Price Index will be released. This report is key to evaluating inflation in financial and economic power, so its … Read more
The market is showing great interest in accumulating bitcoin (BTC) and/or having exposure to its price. One example of this is that ETFs based on the digital currency listed on US stock exchanges recorded their fifth consecutive day of capital inflows yesterday, Wednesday. In total, Money flow into bitcoin ETFs was $105.84 million during the … Read more
Key facts: Global central bank liquidity has fallen to its lowest level since 2020. As liquidity dries up, traditional financial markets face more challenges. Over the past two years, the balance sheets of the world’s major banks have seen an estimated 25% decline. This is one of the lowest levels of bank reserves since 2020 … Read more
Key facts: Tom Emmer calls Gensler “the most destructive chairman the SEC has ever had.” Patrick McHenry criticises the lack of clarity in regulations, and calls for precise definitions. As expected, the five commissioners of the US Securities and Exchange Commission (SEC) appeared before the House Financial Services Committee today. It was a hearing in … Read more
Key facts: Over the past two weeks, the price of BTC has been on the rise. Bitcoin on-chain analysis allows us to distinguish how the market might continue. While the price of Bitcoin (BTC) is still in a corrective sideways period for six months, the market is showing positive signs. According to 3 metrics, The … Read more
Unrealized losses at U.S. banks have reached a record $512 billion, raising concerns about the stability of the financial system. This phenomenon has persisted for 11 consecutive quartersnoting that problems in the banking sector have lasted longer than expected, according to a comment from The Kobeissi Letter. Unrealized losses are those that a bank has … Read more