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

DeFi remains strong on Ethereum, gas expenses indicated

So far in 2024, DeFi has surpassed $500 million in fees on ETH. The Uniswap exchange site is one of the most used platforms on Ethereum. The adoption of the decentralized finance ecosystem (DeFi) on the Ethereum (ETH) network is undoubtedly. So much so that, for the fourth consecutive year, users who participate in this … Read more

What will bitcoin do in the middle?

October is historically one of the most bullish months for bitcoin, along with February. For this reason it has earned the nickname ‘uptober‘ (play on words in English that can be translated as “bullish October”). The following graph, taken from the platform CoinGlassshows that, since 2013, bitcoin had 9 positive Octobers and only 2 slightly … Read more

MetaMask improved its wallet in September with 3 updates

Until now, connecting to multiple dApps simultaneously in MetaMask was tedious. MetaMask now shows market capitalization, volume and more data. MetaMask, the popular cryptocurrency wallet, announced three updates during the month of September. Since August to date, Consensys, the team behind MetaMask, has released six updates, some of them related to visibility of token data, … Read more

Financial Giant UBS warns about greater dollar depreciation

They hope that the cut of interest rates and the fears of fiscal deficit weaken the dollar. Geopolitical tensions could spread far beyond this fourth quarter. UBS, a leader in global financial services, is recommending to investors to reduce their exposure to the dollar, opting for diversification with other coins in G10 countries, as well … Read more

8 positive days for bitcoin ETFs support price above $60,000

The bitcoin (BTC) market has experienced notable dynamics in recent days. There was an 8-day streak of positive net inflows into BTC spot exchange-traded funds (ETFs) that has directly influenced the buying pressure in the market. This phenomenon has been consolidated since September 19, 2024, with the price of bitcoin remaining firmly above $63,500. Monday, … Read more

Bitcoin Exhibits Strength Despite Israel’s Invasion of Lebanon

On past occasions, BTC had “crashed” due to wars and rumors of wars. Various factors combine to keep the price of bitcoin strong. The price of bitcoin (BTC) has shown great sensitivity to global political, macroeconomic and war events in recent years. Any situation that may be perceived as chaotic or critical, in general, negatively … Read more

‘uptober’ has arrived! A bullish month for bitcoin, if history repeats itself

2024 is coming to an end. The fourth quarter of the year is already among us. And investors in bitcoin (BTC) and cryptocurrencies are waiting to see what will happen. Many have good feelings. Reasons are not lacking. October has historically been, along with February, one of the most bullish months for bitcoin throughout its … Read more

Binance lists EigenLayer amid uncertainty over its market launch

EIGEN received the seed tag from Binance, which warns of increased volatility and risks. The EIGEN token is not yet traded in the cryptocurrency market, but its arrival is predicted. Binance announced on its official blog the inclusion of EigenLayer (EIGEN) on its platform, with trading opening scheduled for October 1, 2024 at 05:00 UTC. … Read more