Bitcoin and Its Resistance at $60,000: Impact of ETF Outflows
Bitcoin has shown strong resistance around the $60,000 mark, even after a significant capital outflow from exchange-traded funds (ETFs). In October 2024, over $242 million was withdrawn from Bitcoin-linked ETFs, marking the largest capital outflow in a single month. However, Bitcoin’s price has maintained its key support level. This phenomenon raises questions about the correlation […]
Argentina and El Salvador: A Potential Alliance Through Bitcoin and Volcanic Bonds
In October 2024, Argentina’s Vice President, Victoria Villarruel, expressed significant interest in the Bitcoin-based economic model implemented by El Salvador under the leadership of Nayib Bukele. During a meeting with Bukele in Buenos Aires, Villarruel sought advice on the use of Bitcoin and the so-called Volcanic Bonds, a key financial instrument for El Salvador’s economy. […]
The Evolution of Bitcoin: Learning from Ethereum’s Success
In the dynamic world of cryptocurrencies, Bitcoin, the pioneer of the blockchain revolution, finds itself at a crucial moment. Historically viewed as a digital store of value akin to “digital gold,” Bitcoin has maintained its dominance thanks to its robust security and simplicity. However, as the industry moves beyond the simple “buy and hold” model, […]
Bitcoin Reaches a Historic Milestone by Processing 1 Billion Transactions
A Monumental Step for Bitcoin Bitcoin, the leading and pioneering cryptocurrency in the world of decentralized finance, has achieved a monumental feat by processing over one billion transactions since its inception. This figure represents a historic milestone in Bitcoin’s evolution and highlights its growing adoption and utility worldwide. Implications of This Milestone for Bitcoin and […]
The Role of Large Investors in Bitcoin Volatility
Manipulation in financial markets, including Bitcoin, refers to someone who uses hidden or deceptive methods to control prices in their favor. Large investors, known as “whales,” have so much Bitcoin that they can move the market. Sometimes, they may use unethical tactics to drive the price up or down, benefiting at the expense of others, […]
The Self-custody of Bitcoin: Empowering users in Argentina and Spain
The adoption of Bitcoin and other Cryptocurrencies is constantly increasing around the world. However, with this growth also come concerns about the security and custody of digital assets. In a world where financial autonomy and privacy protection are increasingly valued, self-custody is presented as a key solution. Recently, Argentina and Spain have seen a notable […]
Bitcoin and Ethereum: Immune to 51% Attacks
Since their emergence, both Bitcoin and Ethereum have faced concerns about the possibility of 51% attacks, a threat that could compromise the security and integrity of these decentralized networks. However, new research from Coin Metrics has shed light on the immunity of these leading Cryptocurrencies from such attacks. What are 51% attacks and why are […]
Banks push cryptocurrency adoption: What’s going on?
The financial world is undergoing a remarkable shift as major U.S. banks and financial institutions push the Securities and Exchange Commission (SEC) to adjust guidelines that prevent them from offering cryptocurrency-related services to their customers. The move has sparked a heated debate about the role of banks in the crypto ecosystem and its implications for […]
What does the approval of a bitcoin ETF in the United States mean?
The United States Securities and Exchange Commission (SEC) announced the approval of the first spot bitcoin exchange-traded funds (ETFs)
BRC-20: The new tokens that can be issued in Bitcoin.
Bitcoin is the most popular and oldest Cryptocurrency in the world, but it is also a network that allows the creation of other digital assets. BRC-20 are an example of these assets, which use the “Ordinals” protocol to issue and transfer fungible tokens on the Bitcoin network. In this article we will explain what BRC-20 […]