Bitcoin recovers USD 100,000 driven by ETFs

Bitcoin (BTC) opened the day trading above $100,000 (USD), after recovering this level yesterday. This scenario comes as demand for exchange-traded funds (ETFs) remains strong. Bitcoin ETFs in the United States, where the largest stock market operates, yesterday they recorded their tenth consecutive day of capital inflows. They have accumulated more than USD 4.3 billion … Read more

Ripple is about to make the most important launch in its history

Ripple USD (RLUSD) will be a stablecoin that will maintain parity with the US dollar. Ripple will begin to compete against industry giants such as Tether and Circle. Ripple, the company known for its XRP cryptocurrency and its focus on cross-border payment solutions and tools for banks, is on the threshold of a “hinge” milestone … Read more

Ray Dalio prefers to invest in gold and bitcoin instead of debt assets

Dalio cites the cases of the United States and China, although he excludes Germany. His statements come within the framework of Abu Dhabi Finance Week (ADFW). Billionaire Ray Dalio, founder of the hedge fund Bridgewater Associates, took advantage of Abu Dhabi Finance Week (ADFW) to warn about current debt levels, which he considers unprecedented; In … Read more

Microsoft would have said “no” to bitcoin

The price of bitcoin reacts downward after hearing this news. In general, the majority expectations were that “no” would win. The Microsoft Shareholders’ Meeting would have voted that they will not evaluate the investment in bitcoin (BTC). This is reported by the portal dbnewswithout revealing what their sources are. As of this publication, there is … Read more

It is good that Bitcoin is no longer mandatory in El Salvador

Forcing someone to accept bitcoin is a fiat action. Literally fiat. Fíat in Latin means “let it be done”, it implies a decree. When El Salvador passed its Bitcoin Law and made it mandatory for businesses to accept BTC, it promoted Bitcoin from a fiat approach, not a bitcoiner. Therefore, not only is it not … Read more

What’s next for bitcoin? News about Microsoft and inflation will impact the price

Bitcoin (BTC) began the second week of December with a slightly bearish movement that has led it to position itself below $99,000. This, while waiting for different relevant events for the market that will occur during the current week. Investors’ eyes are on the meeting that Microsoft shareholders will have tomorrow, Tuesday, December 10. One … Read more

US should buy 25% of bitcoin supply

The businessman suggests that the US dump its gold holdings and buy 5 million BTC. According to Saylor, this would cause Chinese, Russians and foreigners to also buy BTC. MicroStrategy President Michael Saylor suggested that the US government should sell its gold holdings and acquire 20% to 25% of the total bitcoin (BTC) supply, which … Read more

The trend of buying bitcoin among mining companies soars

Appetite to buy more bitcoin (BTC) among mining companies is reaching new levels after the currency broke the $100,000 barrier. This is reflected in the statements made by a couple of them, in which they announced that they will be acquiring more bitcoin. First of all, there is Hut 8, which, through a press release, … Read more

XRP would be forming a bullish pennant. What’s next for Ripple’s cryptocurrency?

The cryptocurrency issued by the company Ripple Labs, XRP, has been one of the highlights of the last month. Since Donald Trump was established as the winner of the presidential elections in the United States, XRP had a rise that took it to touch $2.90. Prices like this have not been seen for XRP since … Read more

The whole market went to the moon this week, see it in the news summary

This week the most anticipated event occurred: bitcoin (BTC) exceeds USD 100,000 for the first time in its history, generating dizzying enthusiasm in the community. This, in the midst of a market colored by the all-time highs of a large number of altcoins. December 4 will be recorded as a historic day, since the ATH … Read more