Metaplanet, an investment firm from Japan, dubbed the “Japanese MicroStrategy” for its bitcoin (BTC) investment strategy, announced the acquisition of 107.9 BTC. This purchase, detailed in a disclosure document on Tuesday, October 1, adds approximately $6.9 million to your total investment in the digital currency. To date, Metaplanet has accumulated 506.74 bitcoinwhich represents an investment … Read more
Global liquidity has reached new record levels, after maintaining stability for the last two years. This means that there is more capital available in the economy, which exhibits a new scenario for the financial world. Historically, global liquidity has increased after long periods of stability, driving greater demand in the markets. Consequently, assets like bitcoin … Read more
The probable presentation of a new route plan in the de-dollarization process and the continued expansion of the BRICS bloc, under the impetus of an alliance between China and Russia, has already begun to raise red flags globally. The issue was part of the concerns discussed at the United Nations General Assembly held a few … Read more
Ocean’s new protocol, DATUM, seeks to decentralize bitcoin mining. Individual miners will be able to build their own block templates on the network. Ocean Pool, a pool cryptocurrency mining company, announced on X on September 29 the launch of its decentralized mining protocol for bitcoin (BTC) called DATUM, which stands for Decentralized Alternative Templates for … Read more
With the arrival of the price of gold to a new historical maximum last week, above 2,685 dollars (USD) per ounce, expectations about its continuity have grown. “We raise our forecasts for gold to USD 2,750 per ounce by the end of 2024,” he said in a report the Swiss investment bank UBS. This is … Read more
The Chinese government must maintain a delicate balance if it wants to avoid serious consequences. Globally, the “China effect” is already making an impact. China, the country with the largest gross domestic product (GDP) in the world and therefore a global economic power, faces a seemingly contradictory situation in its finances. On the one hand, … Read more
With the signature of President Luis Lacalle Pou, Bill 20,345 to regulate bitcoin (BTC) and other cryptocurrencies was promulgated in Uruguay, placing the South American country on the list of the few nations in the region that has a specific legal framework for this ecosystem. In this way, the new law of Uruguay It adds … Read more
There is one day left until October begins. This is, along with February, one of the most historically bullish months for the price of bitcoin (BTC). Since 2013, bitcoin closed 9 Octobers with positive returns and only 2 slightly negative Octobers. The following graph, taken from the platform CoinGlassallows us to observe this historical behavior … Read more
Exceeding USD 65,000 represents a new scenario on a technical level. For analyst Melker, the bullish phenomenon known as “uptober” is coming. According to the behavior that bitcoin (BTC) is showing, key months could be coming for its investors. This is what Scott Melker, the trader known as the wolf of all streets (the wolf … Read more
Key facts: In Misiones, a law was passed that allows the seizure of electronic devices without a court order. The missionary legislation claims to aim to “combat the spread of fake news.” Manuel Adorni, presidential spokesperson for the Government of Argentina, expressed in a recent press conference that he finds all censorship “worrying under any … Read more