Ethereum is not going through its best moment, at least in terms of popularity. The network co-created by Vitalik Buterin, who was the undisputed leader within the niche «Turing complete» from 2017 until the bull cycle of 2020-2021, now sees its reign threatened by networks like Solana or Sui, and even by Ethereum layers 2 … Read more
The expiration of bitcoin options usually generates volatility in the price of the currency. BTC is close to $69,000, after a significant increase this week. This Friday, October 18 at 8:00 am (UTC), 11,000 bitcoin (BTC) options expired on the Deribit exchange, the largest in the cryptocurrency options and derivatives market. This event had a … Read more
Brazil is Meli Dólar’s main focus, says Estivariz. According to the executive, the currency has had “good acceptance” in Brazil. Ignacio Estivariz, vice president of Fintech services at Mercado Libre, stated that the Meli Dólar stablecoin already has “millions of users” who have received the currency “through the benefits of the loyalty program or because … Read more
In September, 220 million addresses interacted with a cryptocurrency network. The number of active addresses has tripled since September 2023. The number of cryptocurrency addresses that are active monthly has reached a new all-time high of 220 million. This figure triples the amount at the end of last year, indicating significant growth in activity in … Read more
Bitcoin exchange-traded funds (ETFs) have reached a significant milestone, accumulating $20 billion since their launch. According to the SosoValue datathe total accumulated net inflow is $20.19 billion as of the close of October 16. This is a milestone achieved in less than a year since the launch of these products, which was in January. The … Read more
Fink rules out that the expansion of the use of bitcoin has to do with regulatory issues. In the businessman’s opinion, “we will see an expansion of the digital asset market.” Larry Fink, CEO of BlackRock, the largest asset management company in the world, recently assured that the expansion of bitcoin (BTC) will not depend … Read more
“Institutional investors are showing renewed interest,” the report says. Regulatory challenges represent the main obstacle to broader adoption, they point out. A study by the Alternative Investment Management Association (AIMA) reveals that investment in cryptocurrencies by traditional hedge funds in the United States has increased significantly. According to him reportinvestments in digital assets increase as … Read more
In general, there is optimism for bitcoin in this last quarter of the year. The US election results could catapult bitcoin to new heights. The bitcoin (BTC) and cryptocurrency market remains neutral for the fifth consecutive day. This is according to the fear and greed index polled by the Alternative explorer. In this way, the … Read more
The average cost of large whales is around $40,000. Bitcoin has never fallen below that average cost, CryptoQuant shows. Although the price of bitcoin (BTC) has been well above $40,000 (USD) since early 2024, it remains a key level in case of a deep pullback. The reason is that The average cost per bitcoin of … 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