Bitcoin will exceed USD 1 million in 2027, according to academic paper

“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

Colombia opens the doors to BlackRock’s bitcoin ETF

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

Bitcoin Rising on New US Inflation Data

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

SEC approved 2 combined bitcoin and Ethereum ETFs

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

the price fell due to historic money outflow

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 takes advantage of the fall of bitcoin and buys 11 BTC

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 still far from ‘saturation point’, says Glassnode

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

Satoshi Nakamoto’s impostor is caught by justice, again

He was sentenced to 12 months in prison, but suspended for 2 years. Wright was convicted after launching a legal claim against Bitcoin developers. A London court convicted Craig Wright, the fake Satoshi Nakamoto, of contempt of court. The sentence is 12 months in prison, although suspended. The conviction It comes after Wright launched a … Read more

Bitcoin miners are ready to welcome AI

Conventional data centers currently have power and cooling limitations. AI may offer more stable income streams, but would limit the hashing power of miners. Thanks to their infrastructure, Bitcoin (BTC) mining companies would be in a favorable position to take advantage of the demand for data centers from sectors such as artificial intelligence (AI) and … Read more

Venezuelan project wins bitcoin subsidy to promote financial freedom

The Financial Freedom Policy Coalition, an organization founded by Venezuelan activist Jorge Jraissati, has received a grant in bitcoin (BTC) as part of the latest round of funding from the Bitcoin Development Fund, an initiative of the Human Rights Foundation ( HRF). In the last few hours, the information was released on social networks. The … Read more