According to the CEO of CryptoQuant, the market has never seen so much bitcoin accumulation. The outflows of money from ETFs and the conflict in the Middle East generate downward pressure on the asset. Bitcoin (BTC) is trading this Thursday, October 3, near $60,000. As of this publication, it remains above that price mark. This … Read more
Franklin Templeton’s OnChain US Government Money Fund (FOBXX) has expanded its presence in the cryptocurrency ecosystem by launching on the Aptos network, adding a fifth network to its offering. According to what was stated, institutional investors can allocate funds using your cryptocurrency wallets on the platformwith the option to keep your assets on the Aptos … Read more
So far in 2024, DeFi has surpassed $500 million in fees on ETH. The Uniswap exchange site is one of the most used platforms on Ethereum. The adoption of the decentralized finance ecosystem (DeFi) on the Ethereum (ETH) network is undoubtedly. So much so that, for the fourth consecutive year, users who participate in this … Read more
Metaplanet, an investment firm from Japan, dubbed the “Japanese MicroStrategy” for its bitcoin (BTC) investment strategy, announced the acquisition of 107.9 BTC. This purchase, detailed in a disclosure document on Tuesday, October 1, adds approximately $6.9 million to your total investment in the digital currency. To date, Metaplanet has accumulated 506.74 bitcoinwhich represents an investment … Read more
The bitcoin (BTC) market has experienced notable dynamics in recent days. There was an 8-day streak of positive net inflows into BTC spot exchange-traded funds (ETFs) that has directly influenced the buying pressure in the market. This phenomenon has been consolidated since September 19, 2024, with the price of bitcoin remaining firmly above $63,500. Monday, … Read more
Tracking capital flows through analysis on-chainis reflecting signs of strength for the price of bitcoin (BTC). With the recent interest rate cut in the United States, the price of bitcoin surpassed the cost base of short-term holders. This stands at 61,900 dollars (USD), according to data from the analysis firm Glassnode. It should also be … Read more
Key facts: ARK, BlackRock and Fidelity led capital inflows into bitcoin ETFs. This behavior generates upward pressure for the price of bitcoin. During the day on Thursday, September 26, bitcoin ETFs (BTC) recorded an unprecedented inflow of money in the last two months, with a net total of $365.57 million. This flow of capital towards … Read more
As bitcoin (BTC) rebounds to $63,000 (USD) following the US interest rate cut, a new scenario is emerging for the market. According to the analysis firm Nodecharts, bitcoin is now “in its decisive phase.” This is stated in a report market, according to its historical behavior and the implication of the rate cut. The Federal … Read more
Key facts: “Now is the time to move quickly with rate cuts,” politicians say. Senators warn that delays in rate cuts have “threatened” the economy. US Senators Elizabeth Warren, Sheldon Whitehouse and John Hickenlooper sent a letter to Federal Reserve Chairman Jerome Powell urging an immediate 75 basis point reduction in interest rates. “Now is … Read more
Key facts: The company will focus on developing data centers and will buy bitcoin with the profits. Cathedra will use other options such as debt, equity and derivatives to buy bitcoin. Cathedra Bitcoin, a company known for its focus on Bitcoin mining, has announced a significant shift in its corporate strategy. The company now considers … Read more