Bitcoin News
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Bitcoin Price Retests Bullish Channel At $65,000, Analyst Reveals What’s Next
Este artículo también está disponible en español. Crypto analyst MMBT Trader has revealed that the Bitcoin price is retesting a bullish channel at the $65,000 price level. He further mentioned…

‘Deep Chainsaw’ Sinks Deeper as Milei Axes Tax Enforcer in Argentina
President Javier Milei has taken yet another step in reducing the size of the state. Through the President’s Office X account, Milei revealed that he would axe AFIP, the current…

Bitcoin.com Enhances Cross-Chain Swaps on Verse DEX With deBridge Integration for Faster, More Efficient Trading
Bitcoin.com, a pioneer in the Bitcoin and crypto space since 2015, has announced a significant upgrade to the cross-chain swap capabilities on its decentralized exchange, Verse DEX, thanks to a…

El Dorado CEO: Venezuela Highlights Stablecoins’ Use Case as a ‘Tool for Resilience’
Guillermo Goncalvez, founder and CEO of El Dorado, a Latam-focused P2P exchange, has reflected on the rise of stablecoins from a niche product to a widely used tool in Venezuela.…

Norway’s Central Bank on CBDC Progress: We’re Not Falling Behind
Norway’s central bank is on track to decide by 2025 whether to adopt a central bank digital currency (CBDC), but officials stress there’s no urgency. Despite Norway’s cashless society, with…

Iran Warns BRICS of ‘Big Threat’ From Western Payment Systems, Vows to End Dependence
Iran has called for BRICS nations to reduce their reliance on Western financial systems, warning of the risks posed by such dependence. Addressing the BRICS summit in Russia, Iran’s president…

Free Market Capitalism vs. Crony Capitalism: Unveiling the Key Differences
Capitalism, in its purest form, is often misunderstood, mainly due to the presence of government intervention in today’s economies. The free market, which thrives on voluntary exchanges and limited government…

Russia Pushes for New Precious Metals Platform to Reshape BRICS Trade
Russia pushed for the creation of a BRICS platform to trade precious metals and diamonds at the BRICS Summit, criticizing excessive global trade regulations. President Vladimir Putin emphasized the need…

Uncharted Territory: Bitcoin’s Mining Difficulty Reaches New Extremes
Bitcoin’s difficulty has soared once again at block height 866,880, reaching a record-breaking 95.67 trillion. Meanwhile, the network’s computational power is keeping pace, operating at a blazing 729.13 exahash per…

Global Finance Faces a Shift as Mbridge Digital Currency Platform Challenges US Dollar
The People’s Bank of China emphasized the Mbridge platform’s role in improving cross-border payments through the use of central bank digital currencies (CBDCs), aiming to reduce inefficiencies and avoid new…

Senator Claims BRICS Push to Ditch US Dollar Could Boost USD Global Dominance
U.S. Senator Bill Hagerty has warned of growing efforts by BRICS nations to bypass the U.S. dollar’s dominance but argued this could ultimately strengthen the status of the dollar as…

Brazil Calls for Unified BRICS Financial System, Challenging Western Hegemony
Brazilian President Luiz Inacio Lula da Silva has urged the creation of a unified financial system among BRICS nations. He emphasized the need for alternative monetary relations. Egyptian President Abdel…

Bitcoin Price Shows Bearish Engulfment After Breakout, Here’s How Far The Price Could Crash
Este artículo también está disponible en español. The Bitcoin price action is raising concerns after a failed attempt to push past critical resistance levels, with bearish signals now emerging. According…

Tesla Holds Bitcoin Steady After BTC Wallet Transfers Spark Speculation
Tesla has reported stable bitcoin holdings for Q3 2024, despite transferring its 11,509 BTC to new wallets. The move, which sparked speculation but did not signal a sale, suggests routine…

Bitcoin Bears Lose Control As BTC Net-Taker Volume Shifts Positive
Este artículo también está disponible en español. Bitcoin has been on an impressive surge since early September, rising by 31% from local lows around $53,000. However, after testing the $69,500…

Self-Custody vs. Custodial Bitcoin: A Lesson From FDR ‘Forbidding the Hoarding of Gold’
Michael Saylor, the founder of Microstrategy, recently downplayed concerns about bitcoin confiscations, calling them a “myth.” He referenced Executive Order 6102, which compelled U.S. citizens to surrender their gold, to…

Ledn’s Lending Leap: Record $1.67 Billion in Loans Signals Institutional Confidence in Digital Assets
Ledn, a crypto lending platform, has announced $1.67 billion in loans processed year-to-date (YTD) as of Q3 2024, marking a milestone since its inception in 2018. This total includes $258.7…

A Memecoin Gem From the Trenches
A bunch of treasure hunters, inspired by the film ‘The Goonies’, & their own quest & adventure, uncovered a blockchain treasure called KWIF, Kitten Wif Hat. What does that mean?…

Bitcoin Bull Michael Saylor Clarifies Stance on Self-Custody Amid Backlash
Following the backlash from his earlier comments regarding custody providers and self-custody, Michael Saylor turned to X to clarify that he does not oppose self-custody. During an earlier interview, Saylor…

Monero Decrypted? Japanese Police Report Breakthrough in Flow Analysis Development
The Japanese National Police Agency’s Cyber Special Investigation Division announced the arrest of a suspect accused of money laundering, computer fraud, and credit card phishing crimes. Japanese authorities disclosed that…

AI-Crafted Meme Coin GOAT Defies Market Expectations With Massive Comeback
In the latest market data, the artificial intelligence (AI)-crafted meme coin goatseus maximus (GOAT) has made quite the leap, climbing 51.3% in just the past 24 hours and soaring by…

Election Day Drama Won’t Be the Only Major Event in November – Here’s Why
With only 15 days left until the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) meeting, it’s scheduled to follow just two days after the U.S. election on Nov. 7.…

QCP Capital Analysts Highlight Impact of US Elections on Crypto Markets
QCP Capital’s latest market update highlights the influence of the upcoming U.S. elections on financial markets, with a particular focus on cryptocurrencies like bitcoin (BTC). Analysts predict increased volatility as…

Bitfufu Expands to Africa: Acquires 80MW Bitcoin Mining Facility in Ethiopia
Nasdaq-listed cloud mining services company Bitfufu has announced an agreement to acquire a majority stake in an 80-megawatt (MW) Bitcoin mining facility in Ethiopia. This strategic move marks a significant…