Is Bitcoin ready for a new high? Find out in the news summary

After a few complex months with the price trending downward, the price of bitcoin (BTC) seems to have recovered its upward potential this last week, hovering around USD 68,000. With this, hopes grow that the month of October will honor its traditional history and become uptober. There are several signs generating optimism in the market, … Read more

5 reasons will continue to drive gold, according to VanEck

Gold mining companies and investors are excited, VanEck says. Shares of mining companies have lagged behind the price of the metal. Investors are experiencing a true frenzy for gold, motivated both by macroeconomic measures in great powers such as the United States, as well as by the geopolitical conflicts that are shaking the world. Imaru … Read more

The war in the Middle East enters a new phase. How will it impact bitcoin?

The price of bitcoin has reacted calmly to Israel’s new attack on Gaza. Israel sees the end of the war close, while Iran sees the beginning of a new war phase. Financial markets, including bitcoin (BTC), have started today’s day on the rise, after the new geopolitical situation in the Middle East that changes the … Read more

11,000 bitcoin options expired and the price is approaching USD 70,000

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

$2 billion into ETFs boosted bitcoin this week

Finally, the “uptober” effect, long awaited by investors, began to be seen. Overall, there are optimistic expectations for cryptocurrencies between now and the end of the year. Demand for bitcoin (BTC) exchange-traded funds (ETFs) in the United States has skyrocketed this week, putting upward pressure on the price of the currency. 1.86 billion dollars (USD) … Read more

Kaspa mining strategy still not giving good results for Marathon

In June 2024, Marathon announced that it was mining Kaspa. The price of kaspa (KAS) has been trending sideways since May. Marathon Digital Holdings (MARA), the largest Bitcoin mining company in the world, has not yet managed to see fruits in its foray into mining kaspa (KAS), a cryptocurrency that promised high profit margins, but … Read more

Ethereum staking profitability plummets

So far this month, the profit of validators is only USD 86 million. The profitability of validating on Ethereum reached $2.24 billion at cycle peaks. The profitability of staking Ethereum is not at historic lows, but close. Data on-chain shows that in June there was a turning point in the profits of validators, who had … Read more

Bitcoin and cryptocurrency use reaches all-time highs

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

How will USDT boost bitcoin price?

The growth of stablecoins means more liquidity to buy bitcoin and cryptocurrencies. “This will probably be one of the main drivers in a bull market,” says analyst. The market capitalization of USD Tether (USDT) and other stablecoins has been increasing steadily for just over a year. And not only that, but it is reaching outstanding … Read more

Worldcoin changes its name to “World” and launches a second generation of iris scanners

At an event held this Thursday in San Francisco, California, representatives of Worldcoin announced a significant change in the brand. Worldcoin will now be renamed “World”. The event was also the platform for the launch of “Orb 2.0”, a second generation of iris scanners which have been distributed in more than 160 countries. The new … Read more