Bitcoin struggles to maintain $60,000 in a hostile environment

The global crisis situation makes investors become conservative. In the medium and long term, bullish expectations remain in force for bitcoin. For the third day in a row, bitcoin (BTC) is testing $60,000 (USD) as support. This occurs after the perceived decline in the escalation of the war between Israel and Iran this week. Thus, … Read more

“Geopolitical conflict could be positive for Bitcoin”: Scott Melker

Bitcoin’s downward reaction to the war does not disarm its bullish thesis. Bitcoin has the ability to act as a safe haven asset, the analyst highlights. Financial markets have retreated this week as a result of the war in the Middle East involving Israel, Iran, Lebanon, Hezbollah and other armed organizations. In this way, they … Read more

Which cryptocurrencies will stand out in the remainder of 2024, according to Grayscale?

SUI, TAO, and OP are some of the cryptocurrencies Grayscale watches. These cryptocurrencies “have great potential in the quarter,” according to the company. With the arrival of the fourth quarter of 2024, Grayscale has renewed the quarterly list of the 20 digital assets that it considers to have high performance potential. This company, an issuer … Read more

Telegram has revealed users’ IP to authorities since 2018: Pavel Durov

According to Durov, every time they receive a legal request, they reveal IP addresses and phone numbers. Brazil, India and Europe are the regions where private data is most requested from Telegram. Telegram founder Pavel Durov revealed this Wednesday, October 2, that his platform has been handing over users’ IP addresses and phone numbers to … Read more

Binance eliminates trading of 4 cryptocurrency pairs due to lack of liquidity

They argue that they seek to “protect users and maintain a high-quality trading market.” Excluding a trading pair does not affect the availability of tokens on Binance Spot. This Wednesday, Binance, the largest cryptocurrency exchange by trading volume, announced the removal of four trading pairs due to lack of liquidity and low trading volume. The … Read more

Why bitcoin is not ready to skyrocket yet?

Bitcoin could hit a long-term low after October ends. The pullback to 60,000 is not a surprise, for Ng. Beyond the bullish expectations that abound about bitcoin (BTC) for October, there are factors that still show headwinds. “Investor eyes are eagerly set on October or, as it is known among cryptocurrency circles, uptober”, indicates financial … Read more

There is progress towards the XRP ETF, Ripple’s cryptocurrency

Bitwise registered a trust entity, which is a step prior to applying. XRP ETFs have been rumored for several months now. Investment firm Bitwise took a step towards creating an exchange-traded fund (ETF) based on XRP, the cryptocurrency issued by Ripple. The company registered a trust entity in Delaware, a move that precedes the formal … Read more

Argentine vice president asks Bukele for advice on Bitcoin and volcano bonds

“We are talking about Bitcoin (BTC), which is an issue in which El Salvador is being a pioneer,” said Victoria Villarruel, vice president of Argentina and president of the nation’s Senate, today after receiving the Salvadoran president, Nayib Bukele. The Salvadoran president visited Congress, on his second day of an official visit to Argentina, when … Read more

July, August and September were losses for Bitcoin miners

The hash rate that measures the computing power of the Bitcoin network grew 2% compared to last month. The statistics linked to BTC mining indicate a complex moment for this activity. The Bitcoin (BTC) mining industry is going through a complex period, with profitability falling for the third consecutive month in September, according to a … Read more