Bitcoin price soared due to “monstrous” inflows into ETFs

One of the main factors behind the recent rise in the price of bitcoin (BTC) is the outstanding performance of ETFs of this digital currency in the United States. Yesterday, The funds reported net inflows totaling $555 millionthe highest volume recorded since June 4. This injection of capital led to the price of bitcoin going … Read more

The remainder of 2024 looks “encouraging” for bitcoin, according to Coinex

Although bitcoin (BTC) remains in a tight range seven months ago, it could benefit in the final months of the year, according to cryptoasset exchange CoinEx. “The macroeconomic outlook for the rest of 2024 appears encouraging, especially given the continued impact of the Fed’s policies,” he states in a report sent to CriptoNoticias. The exchange … Read more

3 dangers that could stop the rise of bitcoin

Although the price of bitcoin (BTC) started the week rising to more than $66,000 (USD), there are factors that can affect its performance. The digital currency is in a period of consolidation seven months ago since the historical record it set at USD 73,700. Therefore, beyond its recent strength, It is key that the global … Read more

TON cryptocurrency returned to a low risk zone

The toncoin (TON) cryptocurrency has experienced a significant change in its risk zone, according to the latest data provided by analysis firm CryptoQuant. According to the reportthe Sharpe Indicator TON has entered a low-risk zone for the first time in 12 months. This indicator, crucial in the evaluation of risk-adjusted performance, suggests that TON is … Read more

The amount of dollars in circulation reaches its highest level in almost 2 years

An inorganic emission of money causes greater devaluation of the currency. This excess liquidity could be transferred to assets such as bitcoin in search of protecting capital. Alarms are raised about a possible new wave of inflation after data is released on the growth of money in circulation in the US economy, which has reached … Read more

A week for bitcoin begins full of economic announcements

Various events are expected this week that could contribute to the rise of bitcoin (BTC) or hinder it, depending on its development. Every day of the week, except Wednesdaythere will be speeches from different Federal Reserve officials (Fed), Central Bank of the United States. Although Jerome Powell, the president of the organization, will not appear, … Read more

How Bitcoin prevents scams like Rainbowex

“Bitcoin is the best crypto asset. What is the second best crypto asset? There is no second best.” Michael Taylor On the Argentine media agenda this week news higher was that of a Ponzi scheme that captured much of a small town’s savings of around seventy thousand inhabitants in the interior of the province of … Read more

Worldcoin broke a key resistance allowing it to continue rising

Worldcoin (WLD) recovers prices not seen since July 2024. The token is 80% below its all-time high price, reached in March of this year. Worldcoin (WLD), the token of the eponymous decentralized digital identity protocol, strongly surpassed the $2 mark. This is not just another price but, if you look at the historical graph of … Read more

Bitcoin maintains “critical” price level. What’s next?

A loss of new support could send bitcoin to lows not seen in seven months. Low volatility is expected for the price, according to trader Miles Deutscher. The price of bitcoin (BTC) has returned to around $63,000 (USD) today. This shows a change in the trend experienced during the week. Precisely, the currency fell yesterday … Read more