The bitcoin (BTC) and cryptocurrency market is currently facing new challenges to rise in price. “The recent war conflict between Israel and Iran has generated a new wave of uncertainty in global markets, significantly impacting the cryptocurrency ecosystem,” comments the analysis company Nodecharts. This is indicated in his report weekly published on October 3. Specifies … Read more
Joe Biden’s government continues its war against cryptocurrencies, businessmen say. User blocking is the most widely used in the face of the rise of regulatory scrutiny globally. Despite the apparent change in focus that United States President Joe Biden has shown in recent months, the intense regulation against the cryptocurrency sector that has marked his … Read more
The SEC seeks to appeal the final ruling handed down by U.S. District Judge Analisa Torres. It alleges that the decision conflicts with Supreme Court precedents and securities laws. The United States Securities and Exchange Commission (SEC) presented this October 2 an appeal to the decision of federal judge Analisa Torres who ruled, last year, … Read more
According to the historical behavior of bitcoin (BTC), it may be entering a bull market phase, motivated by 2 key factors. This is highlighted by the Brazilian investment company Hashdex. In a report on the matter, the company indicates that, since the first halving of the digital currency in 2012, BTC has followed a pattern … Read more
“Global money printing is back,” The Kobeissi Letter analysts observe as they draw attention to the fact that the total global money supply has reached $89.7 trillion. The increase is notable in the United States, the eurozone, Japan and China, notes the publication’s most recent report, highlighting that the increase has been about 7.3 trillion … Read more
Franklin Templeton’s OnChain US Government Money Fund (FOBXX) has expanded its presence in the cryptocurrency ecosystem by launching on the Aptos network, adding a fifth network to its offering. According to what was stated, institutional investors can allocate funds using your cryptocurrency wallets on the platformwith the option to keep your assets on the Aptos … Read more
Bitwise registered a trust entity, which is a step prior to applying. XRP ETFs have been rumored for several months now. Investment firm Bitwise took a step towards creating an exchange-traded fund (ETF) based on XRP, the cryptocurrency issued by Ripple. The company registered a trust entity in Delaware, a move that precedes the formal … Read more
Bitcoin is trading at USD 61,000, affected by the outflow in ETFs and the war in the Middle East. The outflow of capital broke the streak of million-dollar inflows that extended for 8 consecutive days. Bitcoin (BTC) remains at $61,000 this Wednesday, after a day marked by a significant outflow of capital from exchange-traded funds … Read more
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
The probable presentation of a new route plan in the de-dollarization process and the continued expansion of the BRICS bloc, under the impetus of an alliance between China and Russia, has already begun to raise red flags globally. The issue was part of the concerns discussed at the United Nations General Assembly held a few … Read more