Tracking capital flows through analysis on-chainis reflecting signs of strength for the price of bitcoin (BTC). With the recent interest rate cut in the United States, the price of bitcoin surpassed the cost base of short-term holders. This stands at 61,900 dollars (USD), according to data from the analysis firm Glassnode. It should also be … Read more
The hegemony of the US dollar as the global reserve currency has been a pillar of the global financial system since the Bretton Woods agreement in 1944. However, the current trend suggests that its dominance could be at a crossroads, facing increasing pressure that, although still far from a definitive collapse, it points towards progressive … Read more
Hut 8, a Canadian company specializing in cryptocurrency mining and data center management, announced on September 26 its new GPU as a Service business (GPU-as-a-Service in English) aimed at Artificial Intelligence developers. The company reported that it is already generating new income, although it did not detail the figures. The project, developed in partnership with … Read more
Key facts: The Discreet Log Contract protocol, from DLC Markets, allows you to operate without counterparty risks. The DLC Market test phase gave key information for the transition to the official version. On Thursday, September 26, DLC Markets announced the completion of its transition to the Bitcoin network, marking “a significant advancement in non-custodial trading … Read more
Key facts: Kamala Harris is emerging as the winner in the bet, with 51% of the odds. The results broadcast by AP, Fox News and NBC on November 4 will settle the bet. More than $1 billion is at stake on Polymarket, a cryptocurrency betting platform, with the idea of predicting who will be the … Read more
Germany took a significant step towards the integration and recognition of bitcoin (BTC) in its political sphere with the creation of the Federal Bitcoin Association in the Bundestag. This organization, promoted by representative Joana Cotar, brings together 64 founding members with the common goal of “fighting for their interests, financial education and for Bitcoin.” The … Read more
Key facts: The Central Bank of Bolivia says that most of the operations were carried out with stablecoins. The total value traded in the last three months was USD 46.8 million. The Central Bank of Bolivia (BCB) reported a significant increase in cryptocurrency operations in the country. In a report published on September 26, the … Read more
Key facts: ARK, BlackRock and Fidelity led capital inflows into bitcoin ETFs. This behavior generates upward pressure for the price of bitcoin. During the day on Thursday, September 26, bitcoin ETFs (BTC) recorded an unprecedented inflow of money in the last two months, with a net total of $365.57 million. This flow of capital towards … Read more
Uncertainty continues to set the pace of financial markets. Are we entering a crisis or, on the contrary, is a recovery coming? While some analysts are optimistic and believe that the worst is over, others maintain a much more pessimistic stance, warning that the worst could be yet to come. In this landscape of conflicting … Read more
Key facts: Both gold and bitcoin have merits as stores of value and investment. Bitcoin emerges as a modern alternative, with great growth potential. In the midst of the uncertain economic outlook that has characterized 2024, investors have been observing how they make their choices between two important assets: gold and bitcoin (BTC). In a … Read more