The price of ether (ETH), the Ethereum cryptocurrency, is trading above USD 3,180, after a weekly increase of 28% that raised its value from $2,700 7 days ago. This increase intensified during Sunday, November 10, when ETH reached $3,250, marking a peak not seen in the last six months, according to data from TradingView. ETH … Read more
Elon Musk, owner of X, Tesla and SpaceX, showed his support for a proposal to abolish the United States Federal Reserve (Fed). Through his X account, Musk shared a tweet from Utah Senator Mike Lee and commented on it with a “100” emoji, indicating his agreement. Senator Lee argued that the negative of Federal Reserve … Read more
According to FTX, that money was fraudulently transferred to Binance by Sam Bankman-Fried. Bankman-Fried paid for the share buyback using different tokens, according to the lawsuit. The new management of failed bitcoin (BTC) and cryptocurrency exchange FTX has filed a lawsuit against Binance Holdings Ltd. and its former CEO Changpeng Zhao, seeking to recover nearly … Read more
This week’s economic calendar mainly includes two events that could imply volatility for financial markets. Consequently, this is something bitcoin (BTC) and cryptocurrency traders should be prepared for. One of the expected events is the consumer price index (CPI or CPI) in the United States. This will come to light on Wednesday, November 13, which … Read more
The best-selling author Rich Dad, Poor DadRobert Kiyosaki, made public how many bitcoins he owns. He said he bought his first Bitcoin at USD 6,000 and will continue to buy more. In one publication on Twitter, reflects on the “words and thoughts of a poor person” and explains how some people view Bitcoin at $76,000 … Read more
Gary Gensler, chairman of the SEC, cannot be fired by Donald Trump. His potential successors want the “war” against cryptocurrencies to end. This November 8, the United States Securities and Exchange Commission (SEC) again delayed its decision on the approval of ETH exchange-traded funds (ETFs). This occurs just 3 days after Donald Trump was elected … Read more
The hangover of the election of a new president for the United States has not yet been overcome, but several winners can already be identified. Along with Donald Trump, bitcoin (BTC) and the digital currency miners, Polymarket stands out, the cryptocurrency-based prediction market that has managed to position itself as one of the main sources … Read more
Some mining companies have risen up to 35% in a single day. Overcoming the “anti-cryptocurrency crusade” for the next 4 years is experienced with anticipation in Thanks to Bitcoin and the milestones surrounding it, the stock prices of BTC mining companies in the United States have seen significant gains and recoveries in recent days. The … Read more
Creating a strategic bitcoin reserve could bring stability to mining activity in the US. Mining all remaining BTC in the US would benefit the country, but would have centralization risks. Donald Trump has made several promises related to bitcoin during his campaign. Among them, he has promised to release Ross Ulbrich, the creator of Silk … Read more
With the cut in interest rates and Trump’s victory, bitcoin reached almost USD 77,000. Bitcoin ETFs recorded a daily record of capital inflows. Donald Trump’s victory in the United States presidential elections this week places bitcoin (BTC) in an encouraging scenario. This is not only because the Republican plans to have reserves in the digital … Read more