According to the majority of bets on the Polymarket platform, bitcoin (BTC) will reach higher prices in the remainder of October. In an open call on the platform about what price bitcoin will reach in October, 62% of the money is bet on the $70,000 (USD). The value invested in this projection is almost USD … Read more
Bitcoin exchange-traded funds (ETFs) have reached a significant milestone, accumulating $20 billion since their launch. According to the SosoValue datathe total accumulated net inflow is $20.19 billion as of the close of October 16. This is a milestone achieved in less than a year since the launch of these products, which was in January. The … Read more
JP Morgan, the largest bank in the United States, has a positive outlook for the cryptocurrency market in 2025. According to a report titled “Alternative Investments Outlook and Strategy”, led by managing director Nikolaos Panigirtzoglou, the bank highlights several incentives that fuel its optimism. In the document, JP Morgan analysts identify “several factors fueling its … Read more
It is the second presentation that Canary Group has made in less than a week. Litecoin (LTC) rose 11% upon hearing the news and is trading at $71.7. Canary Capital Group, an investment firm with just over a month of launch, filed a filing with the United States SEC on Tuesday, October 15, to issue … 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
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
Vice President Kamala Harris presented a proposal to regulate cryptocurrencies with the goal of supporting women and men of African American descent, as reflected in the “Opportunity Agenda for Black Men.” This agenda inform that more than 20% of African Americans own or have owned bitcoin and cryptocurrencies. As indicated, the presidential candidate also positively … Read more
An inorganic emission of money causes greater devaluation of the currency. This excess liquidity could be transferred to assets such as bitcoin in search of protecting capital. Alarms are raised about a possible new wave of inflation after data is released on the growth of money in circulation in the US economy, which has reached … Read more
Various events are expected this week that could contribute to the rise of bitcoin (BTC) or hinder it, depending on its development. Every day of the week, except Wednesdaythere will be speeches from different Federal Reserve officials (Fed), Central Bank of the United States. Although Jerome Powell, the president of the organization, will not appear, … Read more
In October, inflation expectations among US consumers for the next 5 to 10 years reached 7.1%, the highest level in more than 40 years. This figure is has duplicated in a few months, reflecting the University of Michigan Consumer Survey. Historically, inflation expectations have hovered around 3% over the past three years, marking a significant … Read more