Nayib Bukele, president of El Salvador, made a publication on his personal X account to confirm that his government continues with the strategy of daily bitcoin (BTC) purchases. The post is given after the criticism that Bukele received for the agreement that closed El Salvador with the International Monetary Fund (IMF) to receive a loan … Read more
USDT stablecoin issuer Tether took a firm step into the technology sector with the announcement of its artificial intelligence (AI) platform, scheduled to launch at the end of the first quarter of 2025. The company’s CEO, Paolo Ardoino, revealed through X that You already have the initial draft of the project. Tether CEO reveals they … Read more
“We will go slowly with cuts,” Fed says of interest rates. Bitcoin still looks bullish for 2025, but “the range of possibilities widens.” The price of bitcoin (BTC) fell this Friday for the third consecutive day, breaking the upward trend it was experiencing towards new all-time highs. With such a panorama, correlated with the stock … Read more
“Bitcoin is an attractive asset for long-term investment,” the paper highlights. The analysis was done by analysts from the NGO Satoshi Action Education. A paper academic published on December 16, 2024 warns that the price of bitcoin (BTC) could rise to 1 million dollars (USD) in three or four years. The authors of the document … Read more
The launch was done in conjunction with the firms Acciones & Valores SA and Trii. IBIT is the largest bitcoin ETF in the world, with more than $50 billion in assets. Starting this week, the Colombian Stock Exchange began trading the IBIT bitcoin (BTC) exchange-traded fund (ETF), issued by the world’s largest asset manager, BlackRock, … Read more
The price of bitcoin once again exceeded $95,000. Inflation, although positive, was lower than expected. The price of bitcoin (BTC) registered a significant rise after the publication of new data from the personal consumption expenditure (PCE) price index in the United States. This report is key to evaluating inflation in financial and economic power, so … Read more
The United States Securities and Exchange Commission (SEC) approved the first exchange-traded funds (ETF) that combine bitcoin (BTC) and ether (ETH), Ethereum’s native cryptocurrency, the two main digital assets on the market. The new financial products were requested by investment firms Hashdex and Franklin Templeton. According to the SEC, the presentation updated by Franklin Templeton, … Read more
Bitcoin (BTC) exchange-traded funds (ETFs) in the United States recorded unprecedented capital outflows yesterday. They ended the day with withdrawals of 680 million dollars (USD). This new record of outputs in one day in these instruments exceeds the one it had until then by 25%which had been USD 541 million almost two months ago. Yesterday’s … Read more
El Salvador has a BTC treasury valued at more than USD 580 million. In this way, the country reaffirms its commitment and puts a stop to skeptical views. This Thursday, December 19, El Salvador, under the government of Nayib Bukele, added 11 BTC to its treasury, reaffirming its long-term vision and destroying the pessimistic speculations … Read more
Bitcoin’s bullish cycle is advanced, but still far from over. Old investors are taking profits to make way for new entrants. According to the recent movements of bitcoin (BTC) investors, the current bullish cycle is still strong to continue. This is according to a new report from the research firm Glassnode published on December 18. … Read more