Tomorrow will be a Friday of high volatility for bitcoin

This Friday, September 27, the US PCE will be published, something that could bring volatility to the markets, including bitcoin (BTC). The report will be released at 8:30 AM New York time (12:30 PM UTC time). The PCE (personal consumption expenditure price index) measures changes in the prices of goods and services consumed by households. … Read more

PayPal allows US merchants to buy, store and sell cryptocurrencies

PayPal announced that merchants in the United States can buy, store and sell cryptocurrencies directly from their business accounts on the platform. This expansion is part of the company’s strategy to “increase the utility” of cryptocurrencies. The service, which is already available in the United States, except in New York City, allows PayPal business account … Read more

“Bitcoin is heading for a new all-time high in October”: Bitget analyst

Bitcoin (BTC) has been trading sideways for six months in a range below its most recent all-time high price. However, according to Jacobo Maximiliano, an analyst at the Bitget exchange, this trend could reverse in the short term. In a report sent to CriptoNoticias, the analyst sees “bitcoin heading for a new all-time high in … Read more

Gold on track to close its best year since 1979

Gold prices hit a new all-time high (ATH) this week, breaking through the $2,660 per ounce barrier. Given that the precious metal is considered a safe haven asset, the price increase could signal that the market is anticipating an economic crisis. The ATH occurred after the The US Federal Reserve (Fed) will announce a reduction … Read more

The ruling in favor of the SEC that creates confusion

Green United LLC, a company that offered mining equipment for its GREEN token to US residents, engaged in a fraudulent scheme, according to a lawsuit filed by the Securities and Exchange Commission (SEC) last year that has now found support in a court. In a Judgment issued on September 23Judge Ann Marie McIff Allen determined … Read more

Visa will help banks issue fiat-backed tokens

Key facts: Visa wants to help digitize and automate processes for exchanging real-world assets. The platform will allow banks to purchase tokenized assets such as commodities and bonds. Visa announced the launch of the Visa Tokenized Asset Platform (VTAP), a solution designed to enable banks to issue fiat-backed tokens on the Ethereum network. This initiative … Read more

Celo overtakes Tron in addresses linked to stablecoins

The growing interest in the use of stablecoins The recent report from analytics platform Celo (CELO), a layer-one (L1) network launched in 2020 that is in the process of transitioning to an Ethereum (ETH) layer-two (L2) network, demonstrated on-chain Artemis. Regarding the report provided by Artemis on Celo L1, it was highlighted that this network … Read more

MicroStrategy is on the verge of surpassing Grayscale in total bitcoin holdings

Key facts: Grayscale has accumulated more than 254,000 bitcoins. MicroStrategy, meanwhile, has just over 252,000 BTC. Only Satoshi Nakamoto, Binance, BlackRock and Fidelity surpass those companies in BTC holdings. MicroStrategy, the computing company led by Michael Saylor, is on the verge of surpassing the Grayscale investment fund in total bitcoin (BTC) holdings. According to the … Read more

Economic uncertainty also affects European markets

Given the worsening global geopolitical economic situation, amidst armed conflicts and financial imbalances, European authorities are warning of a series of risks to financial stability. Warnings are made in the Joint Committee’s latest report for autumn 2024 of the three European Supervisory Authorities: the European Banking Authority (EBA), the European Securities and Markets Authority (ESMA) … Read more