BTC and ETH would reach their fair value (or more) at the end of 2024 or beginning of 2025. The fair market capitalization for the two assets would be $2.9 trillion. According to bitcoin (BTC) and ether (ETH) bulls, their prices are currently undervalued, that is, they are lower than they believe they should be. … Read more
Trust Wallet, one of the wallets most popular self-custody platform in the cryptocurrency ecosystem, announced today, October 15, 2024, that its first launchpool or platform staking. This function is new because it adds a launch platform for tokens to one wallet private cryptocurrency. That is, it allows you to gain exposure to emerging tokens from … Read more
USDT has been on Solana for a long time, but this is a new access route. Users can connect USDT from Ethereum Virtual Machine to Solana natively. Allbridge announced the integration of USD Tether (USDT) into the Solana network through its bridge, facilitating a direct connection from the Ethereum Virtual Machine (EVM) to that network. … Read more
After a month of its launch, on October 9, 2024, the Fractal Bitcoin (FB) network, a Bitcoin (BTC) sidechain, managed to capture 35% of the hashpower (or total processing power) of Bitcoin. This hashpower measures the computing capacity of a miner or a network intended to process the cryptographic algorithms that secure and validate Bitcoin … Read more
In a new turn of events, India, a member of the BRICS bloc, announced that it will not abandon the US dollar, expressing its disagreement with the de-dollarization agenda that has enveloped the global financial landscape in recent months. According to the most recent statements from India’s foreign minister, Subrahmanyam Jaishankar, the country is not … Read more
In a matter of an hour, more than $150 million was liquidated. Capital inflows into spot bitcoin exchange-traded funds drive the price. Bitcoin (BTC) has registered notable volatility in recent hours. And as a consequence, several million dollars of leveraged traders have been liquidated. The price of the digital currency rose to touch $68,000, then … Read more
With bitcoin (BTC) reaching $68,000, hopes have been raised in the market that the “uptober” phenomenon will be repeated. The price of the digital currency rose more than 6% yesterday, its best daily performance in almost two months. And, since then, it has remained trading mostly around USD 66,000, exhibiting resistance in this area just … Read more
One of the main factors behind the recent rise in the price of bitcoin (BTC) is the outstanding performance of ETFs of this digital currency in the United States. Yesterday, The funds reported net inflows totaling $555 millionthe highest volume recorded since June 4. This injection of capital led to the price of bitcoin going … Read more
Fink rules out that the expansion of the use of bitcoin has to do with regulatory issues. In the businessman’s opinion, “we will see an expansion of the digital asset market.” Larry Fink, CEO of BlackRock, the largest asset management company in the world, recently assured that the expansion of bitcoin (BTC) will not depend … Read more
Daron Acemoglu, Simon Johnson and James Robinson win the Nobel, with studies on wealth. Vitalik Buterin and Julian Assange were also nominated for this year’s Nobel Prize. According to information released this October 14 by the Royal Swedish Academy of Sciences, the 2024 Nobel Prize in Economics was awarded to Daron Acemoglu, Simon Johnson and … Read more