IMF spokesperson Julie Kozack calls for reducing public sector exposure to bitcoin. The organization considers the 2025 budget proposal to be “a good step.” When everything seemed to indicate that the International Monetary Fund (IMF) and Nayib Bukele’s government had ironed out differences in relation to the adoption of bitcoin (BTC) in El Salvador, there … Read more
Whales are buying bitcoin on-chain and that drives the price. In the medium and long term, bullish expectations for bitcoin continue. Bitcoin (BTC) is holding firm in a significant price range. At the time of this publication, it is trading around $61,300, reflecting an increase of 0.84% compared to the previous day. This increase occurs … Read more
The SEC seeks to appeal the final ruling handed down by U.S. District Judge Analisa Torres. It alleges that the decision conflicts with Supreme Court precedents and securities laws. The United States Securities and Exchange Commission (SEC) presented this October 2 an appeal to the decision of federal judge Analisa Torres who ruled, last year, … Read more
“Global money printing is back,” The Kobeissi Letter analysts observe as they draw attention to the fact that the total global money supply has reached $89.7 trillion. The increase is notable in the United States, the eurozone, Japan and China, notes the publication’s most recent report, highlighting that the increase has been about 7.3 trillion … Read more
Bitcoin is trading at USD 61,000, affected by the outflow in ETFs and the war in the Middle East. The outflow of capital broke the streak of million-dollar inflows that extended for 8 consecutive days. Bitcoin (BTC) remains at $61,000 this Wednesday, after a day marked by a significant outflow of capital from exchange-traded funds … Read more
Bitcoin behaves as a “risk asset”, but has rapid recoveries. The price of oil skyrockets due to the possibility of greater shortages. October started “on the wrong foot.” A few hours into the tenth month of the year, war conflicts in the Middle East, Russia and Ukraine escalate to new heights. There are even those … Read more
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