The price of bitcoin is waiting for inflation data today

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

Bitcoin’s Uptober is coming (and investors are anticipating it)

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

Global liquidity falls to a minimum and bitcoin emerges as a safe investment option

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

Never before has there been more destructive and illegal leadership at the SEC

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

3 indicators anticipate bullish movements for bitcoin

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

US bank losses hit record levels

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

Bitcoin over $63,000 after capital inflows into ETFs and options expiry

Key facts: BTC is trading around $63,100, according to data from CoinMarketCap. A rebound in the Bitcoin price was expected after the options expired. Bitcoin (BTC) remains above $63,000 on Saturday, September 21, trading at around $63,100 according to data from CoinMarketCap. This follows a day marked by the inflow of capital into Bitcoin exchange-traded … Read more

Bitcoin is up and not just because of the rate cut, find out in the news summary

This week ends with the clearing of expectations that have been held for months regarding interest rates. The Federal Reserve (Fed) finally announced a cut and the bitcoin (BTC) market responded with a price increase that reached USD 63,000. In this way, the hope that the price of the digital currency will rise The economy … Read more

SEC approves options based on BlackRock’s bitcoin ETF

The U.S. Securities and Exchange Commission (SEC) has today approved BlackRock’s proposal to list and trade options on its spot bitcoin exchange-traded fund (ETF), known as the iShares Bitcoin Trust (IBIT). Through a statementthe SEC highlighted that the approval was granted in an “accelerated” manner to BlackRock, the world’s largest asset manager, underscoring that continues … Read more

Gold Price Hits New All-Time High – What Does It Mean for Bitcoin?

Gold just set a new record price today, September 20, above $2,600 (USD) per ounce. This movement shows differences in the behavior of stocks and bitcoin (BTC). With this movement, The price of gold continues its trend of reaching new historical highs this yearThis can be seen in the following graph. Gold price in recent … Read more