The price of bitcoin (BTC) opened the day higher just like yesterday, after a momentary drop at the beginning of the week below $90,000 (USD). The market is now trying to recover USD 98,000. At the moment, the currency has reached USD 97,600 so far this morning, its highest in eight days. This is 10% … Read more
Bitcoin moves away from $108,000, its all-time high price. According to some on-chain metrics, it could be reaching ‘bear market’ levels. He bull run Bitcoin (BTC) is not following the steps that many expected. After having surpassed $108,000 in mid-December, several traders and analysts believed that the path towards $110,000 would be without pause. But … Read more
Burak Kesmec sees “growing retail participation” on Binance in favor of altcoins. The analyst says the altcoin market could continue to gain momentum in the coming months. Altcoin trading volume on the Binance exchange is at 77%, a level that suggests the approach of the new altcoin season, according to Burak Kesmec, an analyst at … Read more
The Central American country attracts American tourists in droves, many with bitcoin. The Spanish bank sees tourism as the driver of sustained economic growth. Banco Santander mentioned the crucial role that bitcoin plays in El Salvador’s recent tourism boom. According to an analysis by Santander US Capital Markets LLC, tourist flows to the Central American … Read more
Some information related to the macroeconomy and the situation in the United States influenced the price of bitcoin (BTC) to fall below USD 100,000 this week. The decline occurred amid the enthusiasm generated by the upcoming inauguration of Donald Trump as president of the United States. The optimism of the ecosystem for the arrival of … Read more
Saifedean Ammous, known for his work as an advisor to the government of El Salvador on issues related to bitcoin, recently launched harsh criticism against the government of Javier Milei in Argentina. Ammous claimed that Milei’s supposed adherence to the Austrian school of economics, so promoted during his campaign, was nothing more than a series … Read more
The analysis of supports and resistances allows establishing probabilities of next movements. Trump’s imminent inauguration as US president could completely change the landscape. Bitcoin (BTC). has entered a lateralization zone above $90,000. At this time, according to on-chain data shown by Glassnode, There are old investors who are taking profits. Still, many new investors take … Read more
At this time when bitcoin (BTC) is experiencing days of high volatility, members of the community express their confidence that the bullish rally will continue and see the situation as “a buying opportunity.” With the loss of the USD 100,000 support that the digital currency had reached days ago, most of the comments on social … Read more
Despite the improvement, El Salvador’s debt levels remain high, according to Fitch. The improvement in the rating reflects the reduction in financing needs. The risk rating agency Fitch Ratings announced this Tuesday, January 7, that it improved the rating of El Salvador, moving it from CCC+ to B-, as a result of the agreement reached … Read more
The US Treasury would be empowered to monitor and audit the bitcoin reserve. Currently the Treasury has reserves of different financial assets, such as bonds and cash. The formation of a strategic reserve of bitcoin (BTC) in the United States seems to be an imminent policy, which will be carried out by President-elect Donald Trump, … Read more