Jakarta – The price of bitcoin (BTC) recorded a spike on the first day of the new year 2024. This cryptocurrency rose more than 6% to exceed US$ 45,000 or the equivalent of Rp. 696.6 million (exchange rate of Rp. 15,480). This figure is the highest level since early April 2022. The cause of this … Read more
In 2023, the belief has completely returned that we may be heading for the next crypto bull market. Regarding this upcoming bull market, much has been said and written about possible bitcoin (BTC) price targets of the upcoming bull market. These price targets obviously vary widely. One of the crypto analysts that we have reported … Read more
The expected approval of a Bitcoin ETF in the United States could represent a typical ‘sell-the-news’ event, meaning a drop in the price of BTC, according to a recently published analysis by CryptoQuant. Bitcoin ETF Approval On Reach? CryptoQuant, an analytical platform specializing in the cryptocurrency market, highlights the potential in its recent analysis sell-the-news … Read more
There is a good chance that the first week of 2024 will immediately become the most important week in the entire crypto history. Reuters reports namely that the US Securities and Exchange Commission (SEC) may give the green light to the launch of several bitcoin (BTC) ETFs as early as Tuesday or Wednesday. Reuters claims … Read more
A year ago, things were not looking particularly good for the cryptocurrency market. A series of scandals in 2022 had sent the value of cryptocurrency straight down, after a period of strong recovery through the pandemic. Be notified of the latest news: Get the Nettavisen app iPhone and Android her! One of the biggest crypto … Read more
The Holešovice Paralelní Polis, a cafe combined with offices and a lecture hall, is in for a tough winter. Members of a project focused on the development of cryptocurrencies and ideas of decentralization he claims, that Parallel Polis was on the brink of bankruptcy because it was tunneled by its former associates. They object to … Read more
Bitcoin Grayscale CEO Michael Sonnenschein said during press statements that digital Bitcoin is here to stay whether big banking executives like Jamie Dimon like it or not. Michael Sonnenschein added that he believes that every executive, especially in the field of financial services, will have his own opinions about new technologies and whether that relates … Read more
Welcome to another market overview for the S&P 500, Bitcoin and other cryptocurrencies. Last but not least, we will also look at the development of precious metals, which in recent weeks reflect the considerable interest of central banks in purchasing commodities as an opportunity to cut off state reserves and currency from the US dollar. … Read more
JPMorgan Chairman Jamie Dimon criticized cryptocurrencies, stressing that he would have issued a decision to ban them if he had the authority to do so, considering that the only use of these currencies is drug trafficking, money laundering, and tax evasion. In a hearing before the US Senate, Damon said: I have always been against … Read more
Bitcoin’s recovery towards its all-time high is proceeding faster than in previous years, driven by institutions. Restrained demand from retail investors creates the preconditions for maintaining positive dynamics. The approval of a Bitcoin ETF between January 5 and January 10 could trigger “news selling” in the absence of sufficient demand for the instrument. Considering the … Read more