FTX token soars due to refund expectations

FTT is a token that has been rendered useless after the bankruptcy of the exchange. At the time of this publication, FTT leads the cryptocurrency’s weekly rise. The price of cryptocurrency exchange FTX’s FTT token saw a 94% increase in a single day, rising from $1.39 to $2.70. This phenomenon is attributed to speculation and … Read more

Bitcoin Ordinals Debut at Iconic Auction House

“Ascend” reflects the decay of abandoned buildings that will be immortalized recorded in Bitcoin. The work switches between day and night modes, adding interactivity to the experience. In a new historic event for the Bitcoin ecosystem, the 250-year-old auction house Christie’s will auction the digital artwork titled “Ascend” on October 10. This is a piece, … Read more

Binance Founder CZ Announces Future Plans After Release

CZ highlighted one of his main projects, Giggle Academy. He said he will act as a mentor for new ventures. Changpeng Zhao, better known as CZ and former CEO of Binance, was released from US custody after serving a four-month prison sentence for deliberately violating US laws. Now, he is determined to continue entrepreneurship in … Read more

Gold is trading at an “extreme” point in its price

The price of gold has had a huge rise in 2024. According to technical analysis metrics interpreted by specialists from ‘The Kobeissi Letter’, this has taken gold to an “extreme” level that has been rarely seen in the history of gold trading. this precious metal. The aforementioned analysts they explain that The price of gold … Read more

Emerging markets soar on promises from China. How will it impact bitcoin?

Emerging markets give a clear sign of strength by having a general increase in their prices for the sixth consecutive day. “Emerging markets” are called developing economies that are experiencing rapid growth and industrial expansion, although they still have lower levels of infrastructure and financial stability than those of developed markets. In the stock market … Read more

New bitcoin investors show resilience

Tracking capital flows through analysis on-chainis reflecting signs of strength for the price of bitcoin (BTC). With the recent interest rate cut in the United States, the price of bitcoin surpassed the cost base of short-term holders. This stands at 61,900 dollars (USD), according to data from the analysis firm Glassnode. It should also be … Read more

Dedollarization is advancing, but when will it reach its final phase?

The hegemony of the US dollar as the global reserve currency has been a pillar of the global financial system since the Bretton Woods agreement in 1944. However, the current trend suggests that its dominance could be at a crossroads, facing increasing pressure that, although still far from a definitive collapse, it points towards progressive … Read more

Bitcoin Miner Hut 8 Pivots into AI Sector with New GPU Service

Hut 8, a Canadian company specializing in cryptocurrency mining and data center management, announced on September 26 its new GPU as a Service business (GPU-as-a-Service in English) aimed at Artificial Intelligence developers. The company reported that it is already generating new income, although it did not detail the figures. The project, developed in partnership with … Read more

DLC Markets Derivatives Platform Completes Transition to Bitcoin Network

Key facts: The Discreet Log Contract protocol, from DLC Markets, allows you to operate without counterparty risks. The DLC Market test phase gave key information for the transition to the official version. On Thursday, September 26, DLC Markets announced the completion of its transition to the Bitcoin network, marking “a significant advancement in non-custodial trading … Read more

More than $1 billion is bet on Polymarket on the US elections.

Key facts: Kamala Harris is emerging as the winner in the bet, with 51% of the odds. The results broadcast by AP, Fox News and NBC on November 4 will settle the bet. More than $1 billion is at stake on Polymarket, a cryptocurrency betting platform, with the idea of ​​predicting who will be the … Read more