The new US inflation data was released. How will it impact bitcoin?

The United States Personal Consumption Expenditure (PCE) Price Index was released today. It is a key indicator of inflation in the main financial power and is used to evaluate the change in the cost of living. The report published by the Office of Economic Analysis of the US Department of Commerce highlights that the PCE … Read more

CZ appears in public for the first time after being released from prison

Changpeng Zhao stated in an interview that his time in prison helped him “refocus.” Zhao served four months in prison in the United States for different crimes. Changpeng Zhao (CZ), former CEO and founder of Binance, made his first public appearance after serving a four-month sentence in the United States. The businessman attended the Binance … Read more

Cryptocurrencies gain new space in elections with predictive markets

In the framework of the presidential elections that will be held in the United States next week, prediction markets based on blockchain platforms and with bets on cryptocurrencies are gaining important space, already being a particular characteristic of the current campaign. Until now, the Polymarket platform, has been the great protagonist. However, Robinhood and Kalshi … Read more

The US liquidates tokens seized from Alameda Research for ether and not dollars

Arkham Intelligence identified the movements, which are the first in almost two years. The government exchanged 82,000 ANT tokens for ETH, according to the data. The United States government exchanged more than 160,000 Aragon tokens (ANT) for ether (ETH), the cryptocurrency of the Ethereum network. According to on-chain data identified by Arkham Intelligence, this exchange … Read more

Treasury Department recognizes that stablecoins promote redollarization

Fiat-based stablecoins, like the dollar, have shown higher growth, Treasury says. These assets play an integral role in transactions between cryptocurrencies, they indicate. The United States Department of the Treasury published a report this week in which it points out that stablecoins are increasingly choosing to maintain important short-term US Treasury guarantees. The document expects … Read more

BlackRock’s bitcoin ETF broke inflow records

Bitcoin (BTC) exchange-traded funds (ETFs) in the United States reported inflows of more than $893 million, the sixth consecutive day with positive capital flows. However, the salient data of the day is that BlackRock’s financial instrument set a record for money inflows. According to data from SosoValue, More than $872 million entered the iShares Bitcoin … Read more

With the rise of bitcoin, the market feels greedy again

Greed was awakened in the markets a few days before the presidential elections in the United States on November 5 and the price of bitcoin (BTC) was about to record a new all-time high (ATH). This feeling is reflected in the fear and greed index prepared by CoinMarketCapwhere you can see that the indicator currently … Read more

PolitiFi Tokens Soar on US Elections: Meet the Favorites

$TRUMP, $MAGA, and $DUM are some of the most popular PolitiFi tokens. Users stake their tokens on predictions about the candidates. PolitiFi tokens, a trend that combines crypto and politics, are making waves as the US elections approach. Current favorites include $TRUMP, $MAGA and $DUM, each with its own narrative and appeal to investors. These … Read more

BIS plans to close project for dollar-free payments where the BRICS participate

“We cannot support any BRICS project to evade sanctions,” said the BIS director. The project has reached the “minimum viable product” stage and is ready for implementation. The Bank for International Settlements (BIS) is considering shutting down its pilot platform for cross-border payments, known as mBridge. This is an idea raised by Agustín Carstens, general … Read more

“The market says the Fed has lost its credibility”: Kobeissi

Treasury yields have risen 0.65% in a month. The real estate market is one of the most affected. US Treasury bonds have shown a considerable rise in their yields, reflecting market doubts about the ability of the Federal Reserve (Fed) to control inflation. After the recent rate cut, a movement that should bring calm, the … Read more