Amidst new accusations about the status of its reserves, new studies demonstrate the popularity that the stablecoin USDT has achieved as an alternative for savings and a gateway to the bitcoin (BTC) market and other cryptocurrencies. As the study conducted by Visa points out, the data collected They show the growing adoption of stablecoins – … Read more
Key facts: EToro will now only support bitcoin, ether and bitcoin cash. Since September 11, it is no longer possible to open positions on eToro with other cryptocurrencies. The US subsidiary of the eToro investment platform has reached an agreement with the US Securities and Exchange Commission (SEC) to limit cryptocurrency trading. The measure, effective … Read more
Key facts: Polymarket is based on a cryptocurrency network, seeking transparency. Users and media recognise the value of Polymarket. Polymarket, the leading prediction market platform, continues to set the trend as the US presidential election approaches on November 5. So much so that, for the mainstream media, Polymarket It became a source for measuring opinion … Read more
Asset management firm Grayscale Investments has officially launched the Grayscale XRP Trust, a move that allows investors to increase their exposure to XRP, the cryptocurrency issued by Ripple. In a releaseGrayscale indicated that the fund is now available to eligible individual and institutional accredited investors. Also, that It works in a similar way to other … Read more
Key facts: The United States’ openness to mining contrasts with China’s semi-clandestine nature. The Czech Republic and Japan follow the two powers with 1% and 2% respectively. The United States is increasingly casting a larger shadow over China’s mining industry, which now accounts for 53% of the total Bitcoin hashrate. This narrowing of the gap … Read more
All indications are that the stage is set for the US Federal Reserve (Fed) to announce a possible interest rate cut on September 18. For more than a year now, these rates have been the highest in two decades, and their adjustment could trigger high volatility in the financial markets. Bitcoin (BTC) would not be … Read more
Bitcoin (BTC) exchange-traded funds (ETFs) in the United States reported outflows of more than $43 million yesterday, breaking a streak of two consecutive days of net capital inflows. According to data from the investment company SosoValueArk & 21Shares’ ARK 21Shares Bitcoin ETF (ARKB) saw outflows of $54 million, while Grayscale’s Grayscale Bitcoin Trust (GBTC) saw … Read more
Key facts: The price increase of the last few days could be temporary. In the medium and long term, bullish expectations remain in place for Bitcoin. The price of Bitcoin (BTC) has been in a sideways range for more than 5 months, when it reached its all-time high (ATH) of $73,700. While bullish expectations are … Read more
Key facts: Bitcoin remains around $56,000. Interest rate cuts would be beneficial for volatile assets such as bitcoin. The inflation in the United Statesthe world’s leading financial power, fell in August to the lowest level in more than three yearswhich could open the door to an interest rate cut by the Federal Reserve. This scenario, … Read more
Key facts: This token “lives” on the Solana network, which has become a hotbed of memecoins. GME, like all memecoins, is an asset without any fundamentals or real utility. GameStop, a chain of video game and console stores in the United States, is just days away from announcing its financial results for the second quarter … Read more