It’s been a rough week for bitcoin mining stocks, as nine out of the top ten publicly listed miners have seen declines ranging from 2.07% to 19.65%. This Week Applied Digital Leads Declines in Bitcoin Mining Sector, Hut 8 Only Gainer With just two days to go before the U.S. election, crypto markets are heating […] Original
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, a public records inquiry reveals contradictions in the reported results for ‘Adopting El Salvador,’ Brazil mulls taxing stablecoin remittances, and a Bolivian bank offers USDT services for the first time. Public Records Inquiry […] Original
Although bitcoin dipped below $70,000 earlier this week, South Korean markets still show a notable premium. On Oct. 24, the premium climbed as high as 2.21%, with today’s rate only slightly lower. South Korea’s Bitcoin Premium Bounces Back After October’s Brief Dip As of 4:45 p.m. EST, bitcoin is priced at $69,058, following a push […] Original
Polymarket data shows Republican presidential nominee Donald Trump’s lead over his Democratic opponent, Vice President Kamala Harris, has weakened but remains dominant. As per the data, the twice-impeached former president’s odds declined from 66.9% to 54%. Meanwhile, Harris has seen a substantial increase in her chances, rising from 33.5% to 46.1%. This shift reflects changing market sentiment as Election Day, Nov. 5, approaches. Source: Polymarket Built on the Ethereum blockchain, Polymarket allows its users to buy and sell shares in different real-world outcomes by betting a stablecoin (USDC), rather than…
According to recent data from Google Trends, interest in the search term “bitcoin” has nudged upward, showing a modest rise after hitting notably low points over both the five-year and 90-day views. Bitcoin Interest Makes a Comeback Interest in the search term “bitcoin” has picked up since the recent price uptick, with a notable rise […] Original
Bitcoin’s price currently holds steady coasting between $67,945 to $68,149 in the last hour as sellers maintain their grip, with technical indicators and moving averages showing mixed signals for traders. Bitcoin On the daily chart, bitcoin (BTC) has experienced a pullback after reaching a peak around $73,600, now settling close to $68,149. Recent daily candles […] Original
In today’s edition of the weekly recap: 21Shares files for an XRP ETF; Binance founder Changpeng Zhao makes first public appearance after prison; Bitcoin got close to its all-time high; on-chain tokenization gaining steam. 21Shares eyes XRP ETF Zhao’s first… Original
Rich Dad Poor Dad author Robert Kiyosaki has revealed his reasons for trusting bitcoin and advocating “the Bitcoin Standard,” sharing a bold vision for the future of money. Why I Love Bitcoin: Kiyosaki Reveals His Faith in a New Financial Standard Robert Kiyosaki, author of Rich Dad Poor Dad, has expressed his strong support for […] Original
The U.S. Bitcoin spot exchange-traded funds have recorded a daily outflow of $54.94 million as of Nov. 1, and Ethereum follows suit with a $10.93 million outflow. The latest data from SoSoValue shows that the U.S. Bitcoin (BTC) spot ETFs exhibited a $54.94 million outflow on Nov. 1. The one-day net inflow of IBIT stood at $0. According to the data, the cumulative net inflow of IBIT stood at $26.14 billion. On the other hand, GBTC exhibited a $5.51 million outflow, which has brought its cumulative net inflow to -$20.16…
Following September’s slump to its lowest revenue of the year, bitcoin miners had a profitable October, recording a 25.05% revenue increase. Bitcoin Mining’s October Comeback On Oct. 31, one petahash per second (PH/s) of computing power was valued at $54.52 per PH/s, the highest hashprice in 30 days. As of today, however, the spot market […] Original