“Bitcoin sees a healthy pullback,” says Bitfinex

With the volatility of the last week, BTC open interest has decreased. The exchange warns that the future prospects are uncertain. Although bitcoin (BTC) has shown momentum the last five days, it has yet to recover the prices it had a week ago near $66,000 (USD). However, this is not necessarily a negative thing for … Read more

Bitcoin and cryptocurrencies are the most profitable assets of 2024, but their advantage narrows

During the third quarter, traditional assets performed better than bitcoin. 2024 appears to be developing the same way as 2023, according to NYDIG. Bitcoin (BTC) and other cryptocurrencies have been the performance stars in 2024, but their lead over other assets has diminished considerably in recent months. According to NYDIG, a company specialized in bitcoin … Read more

Bitcoin touched $64,000. Bullish trap or will the rise continue?

Historically, October is a bullish month for bitcoin. As the US elections approach, volatility may increase. The price of bitcoin (BTC) began the second week of October today by rising to around $64,000 (USD), which shows greater strength in the market. Bitcoin exhibits an appreciation of 8% since the fall to USD 59,000 that it … Read more

Popcat, a “kitty” from Solana, set a new all-time high

Popcat is up more than 50% over the last 7 days. The token was traded for $1.48. Popcat, a memecoin that “lives” on the Solana network, has set a new all-time high, leading the weekly rise among the 100 cryptocurrencies and tokens with the highest market capitalization. This token is up over 50% in the … Read more

Bitcoin holds above $62,000 after a red week in ETFs

Despite the 5% drop in 7 days, the price of BTC rises in the last few hours. The Middle East conflict has influenced the volatility of the cryptocurrency market. After a week marked by the outflow of capital from exchange-traded funds (ETFs), the price of bitcoin (BTC) rises above $62,000. This remains the case this … Read more

“US elections will dominate the cryptocurrency market these days”: Coinbase

A more favorable regulatory environment for the ecosystem is expected in 2025, regardless of who wins. For Coinbase, elections are the most important influencing factor for all markets. With the US presidential election awaiting in a month, financial markets could be more impacted by the political campaign. This includes bitcoin (BTC) and cryptocurrencies. In fact, … Read more

“Investors are selling bitcoin to buy gold,” says businessman

Gold is approaching all-time highs, while bitcoin struggles not to collapse. War conflicts increase the state of global tension. This week has been marked by the escalation of the war conflict in the Middle East. The territories of Israel, Lebanon, Iran and other nations in the region were the scene of military ground and air … Read more

‘Debasement trading’ will favor gold and bitcoin: JP Morgan

The war in the Middle East would favor this trend. In a month, there will be elections in the United States. The situation for the markets has changed this week with Iran’s attack on Israel that fueled geopolitical tensions. This is something that can benefit assets like gold and bitcoin (BTC), according to analysts at … Read more

global financial chaos and bitcoin’s golden opportunity

Is a great financial crisis coming or years of economic prosperity? There are conflicting signals. Within this chaos, bitcoin is presented with a unique opportunity. The world economy gives ambiguous signals. At the same time that the S&P500 index is approaching all-time highs, gold is rising in price as if recession were inevitable. Simultaneously, Chinese … Read more

If the conflict between Israel and Iran continues, it would affect cryptocurrencies

The bitcoin (BTC) and cryptocurrency market is currently facing new challenges to rise in price. “The recent war conflict between Israel and Iran has generated a new wave of uncertainty in global markets, significantly impacting the cryptocurrency ecosystem,” comments the analysis company Nodecharts. This is indicated in his report weekly published on October 3. Specifies … Read more