Bitcoin shoots above $70,000 7 days before the US elections

Never before in the history of bitcoin (BTC) has a presidential election had so much importance for its price. The growth of the cryptocurrency ecosystem has meant that now, when Donald Trump (Republican) and Kamala Harris (Democrat) face each other to reach the White House, bitcoin is one of the issues that can help define … Read more

3 economic data will impact the price of bitcoin this week

Beyond the various economic calendar data expected for this week, there are three that could particularly have an impact on the financial markets. Of course, this includes the bitcoin (BTC) and cryptocurrency sector, so it should not be overlooked by its traders. On Thursday, October 31, The personal consumption expenditure (PCE) index of the main … Read more

Bitcoin dominance reaches highest level since 2021

According to Willy Woo, the altseason will arrive, but with less force than in previous years. The ‘altseason index’ shows that the market is far from an altcoin season. Bitcoin (BTC) dominance currently represents over 59% of the cryptocurrency market, its highest level in the last 3 years. This is an important metric that indicates … Read more

Central banks accumulate gold for their reserves at record levels

Gold continues to shine amid financial uncertainty that sparks the growth of US public debt. It is within this framework that central banks around the world are accumulating the precious metal in their reserves at record levels. According to financial bulletin analysts The Kobeissi Letter, central banks have 12.1% of the world’s gold reserves in … Read more

War in the Middle East slows bitcoin uptober

Many investors take advantage of the fact that bitcoin is “on sale” to increase their positions. In the long term, bitcoin has reasons to continue rising. Once again, the Middle East captures the focus of world attention. Last night and early today, Saturday, October 26, the State of Israel attacked military sites in Iranian territory. … Read more

Is Bitcoin under attack? Find out in our news summary

In recent days, Bitcoin has seen its status as a decentralized and disruptive asset questioned by actors in the traditional banking and financial system. This, now that analysts from the European Central Bank (ECB) and the Minneapolis Federal Reserve of the United States, once again placed the pioneering digital currency under their critical spotlight. A … Read more

Microsoft evaluates investing in bitcoin

On December 10 there will be news about this decision. Bitcoin reacts on the rise, although the Shareholders’ Meeting suggests voting against the proposal. The American software development company, Microsoft, a “bitcoin investment evaluation” is proposed. This was revealed in a presentation before the Securities and Exchange Commission (SEC). There it is detailed that will … Read more

A potential global debt crisis is brewing

The debt of the United States exceeds 35 trillion dollars and generates concern about the economic consequences that there could be worldwide. In this framework, the International Monetary Fund (IMF) urged the authorities of the main financial power to take action on the matter to address the problem. During the annual meeting of the organization … Read more

What happened to ‘uptober’? The price of bitcoin slows its rise

Uptober has historically been a bullish month for bitcoin. The market is waiting to see who will be the next US president. October has been a mostly bullish month in the history of bitcoin (BTC). That is why many refer to it as ‘uptober‘ (play on words in English that could be translated as “October … Read more

3 keys to the BRICS Summit

The summit brings together 20 thousand attendees from 33 countries, who discuss their geopolitical challenges. The BRICS are looking for alternatives to the dollar, while Putin rules out the viability of a single currency. The 16th annual BRICS summit, being held in Russia for the first time in nine years, opened yesterday with a speech … Read more