VanEck, an American investment management company based in New York, has spoken out again with bullish expectations for the price of bitcoin (BTC), the main digital currency on the market. Matthew Sigel, head of research at VanEck, said in a recent interview with the CNBC television network, which bitcoin would reach 3 million dollars by … Read more
The US needs to cut interest rates “desperately”, analysts explain. Low interest rates stimulate investment in assets considered “risky.” The financial markets are closely following the excessive growth of the public debt of the United States, which already exceeds the barrier of 35 trillion dollars. Some analysts assure that the situation could worsen in the … Read more
DOGE could easily reach $0.17, according to technical analysis. Some fundamental reasons could drive the rise of this cryptocurrency. The memecoin with the largest capitalization, dogecoin (DOGE), known for paying tribute to a viral internet dog, started the week on the rise. Its price today reached 0.15 dollars (USD), its highest in more than four … Read more
Shares of Nvidia (NVDA), one of the leaders in artificial intelligence (AI), face a decisive week. The company, which has become the driving force behind cloud AI infrastructure and high-end devices, could see significant fluctuations in its value depending on the level of demand for its products. That’s because the chipmaker’s biggest customers, including Microsoft … Read more
Beyond the various economic calendar data expected for this week, there are three that could particularly have an impact on the financial markets. Of course, this includes the bitcoin (BTC) and cryptocurrency sector, so it should not be overlooked by its traders. On Thursday, October 31, The personal consumption expenditure (PCE) index of the main … Read more
The Hong Kong Stock Exchange (HKEX) announced the launch of a pair of indices that will offer a “reliable reference point” for the prices of bitcoin (BTC) and ether (ETH), a cryptocurrency on the Ethereum network. The index series will begin operating on November 15. According to HKEX, these indices “provide investors with transparent and … Read more
According to Willy Woo, the altseason will arrive, but with less force than in previous years. The ‘altseason index’ shows that the market is far from an altcoin season. Bitcoin (BTC) dominance currently represents over 59% of the cryptocurrency market, its highest level in the last 3 years. This is an important metric that indicates … Read more
Tether, the issuing company of the USDT stablecoin, expanded its bitcoin (BTC) reserves after its latest purchase. According to its CEO, Paolo Ardoino, The firm has more than 82,454 BTC in its treasuriesvalued at 5 billion dollars. In this way, ranks as the third company with the most bitcoin between its stores of value behind … Read more
Gold continues to shine amid financial uncertainty that sparks the growth of US public debt. It is within this framework that central banks around the world are accumulating the precious metal in their reserves at record levels. According to financial bulletin analysts The Kobeissi Letter, central banks have 12.1% of the world’s gold reserves in … Read more
Big companies are understanding what bitcoiners have understood for more than 10 years. Voting at Microsoft is a milestone for bitcoin (regardless of the result) On December 10, the Microsoft Shareholders’ Meeting (the third most valuable company in the world) will vote whether or not to consider the possibility of investing in bitcoin (BTC). If … Read more