BTC will perform well in the long term regardless of the outcome, analysts say. “A Trump victory would be incrementally positive for the bitcoin market,” they wrote. Analysts at research and brokerage firm Bernstein, Gautam Chhugani, Mahika Sapra and Sanskar Chindalia, sent a note to clients on Wednesday projecting that the price of bitcoin could … Read more
Canary and Bitwise are seeking approval from the regulatory body, the SEC. For a long time, XRP was classified as an unregistered security. Two companies are in the race to launch an exchange-traded fund (ETF) based on the spot price of XRP, a cryptocurrency issued by Ripple Labs. Investment firm Canary Capital joined Bitwise in … Read more
Rickards believes that the purchase of gold by the US would restore confidence in the dollar Gold would also prevent bitcoin from ending up replacing the dollar. The diversification of investments towards tangible assets such as gold is the recommendation made by economist Jim Rickards as a way to face the de-dollarization process currently underway. … Read more
The growing demand for computing power to train and power artificial intelligence (AI) models is reshaping the bitcoin (BTC) mining landscape. The companies that have known how to take advantage of their infrastructures to enter the world of AI are being rewarded with a higher market valuationwhile those that remain focused exclusively on cryptocurrency mining … Read more
The use of NFTs, Real World Asset and DEPIN fell by up to 18% in the last week. Interactions with the memecoin sector on Solana increased by 16% in the last 7 days. So far in October, most narratives on Solana (SOL) have seen a drop, while memecoins They stand out as the sector with … Read more
Expectations about the CPI are favorable for financial markets. Bitcoin volatility will increase as the CPI presentation date approaches. The price of bitcoin (BTC) started the week on the rise. It even touched the $64,000 mark and, at the time of this publication, it can be seen in the CriptoNoticias Calculator that it is trading … Read more
Various financial assets are experiencing an upward trend. For the financial bulletin, “the market is broken.” The two main oil price indices today reached levels they had not seen in almost two months. West Texas Intermediate (WTI) surpassed the mark of 78 dollars (USD) per barrel, while Brent crude oil (BRENT) surpassed USD 80. With … Read more
In an uncertain global context, investors seek to protect their capital. The behavior of precious metals may be a preview of what is to come for bitcoin. Although silver has not hit new all-time high prices this year like gold, it is in a marked uptrend. This makes various specialists think that this precious metal … Read more
Mow warns about the pressure that El Salvador is receiving to limit the use of bitcoin. The United States could adopt BTC in its reserves, which would incentivize other countries. The statements of Julie Kozack, representing the International Monetary Fund (IMF), caused controversy in the Bitcoin (BTC) community last week. This was when he suggested … Read more
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