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Latam Insights: Venezuelan Opposition Leader Proposes Bitcoin Reserve; Maduro Wants to Retake the Crypto Path
9.9.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Venezuelan opposition leader María Corina Machado proposes creating a bitcoin reserve, Venezuelan President Nicolás Maduro states that the country...
Bitcoin analyst sees 'biggest bull cycle' with $45K now BTC price floor
8.9.2024
BTC price is due some "final corrections" before going on a bull run lasting at least two years, says crypto entrepreneur Michaël van de Poppe
Arthur Hayes predicts Bitcoin rally after closing short position
8.9.2024
Bitcoin could start its rally next week, on a potential liquidity injection in the world’s largest economy
Westlake Police Issue Alert on Blackmail Scams Involving Bitcoin
8.9.2024
Westlake Police are cautioning residents about a rise in blackmail scam emails. Scammers claim they have been monitoring recipients’ online activities and demand payment, typically in bitcoin or gift cards, to prevent exposing personal internet habits. These emails may appear highly...
El Salvador marks three years of Bitcoin adoption with $31M profit
7.9.2024
Despite widespread initial criticism, El Salvador is sitting on over $31 million worth of Bitcoin profit
Sub $50K Bitcoin correction remains in play as whales look to sell BTC
7.9.2024
Bitcoin could experience more downward pressure leading up to the Sept. 18 US interest rate cut. Will it fall below $50,000 this weekend?
Bitcoin traders brace for sub $52K BTC price as crypto and macroeconomic headwinds intensify
7.9.2024
Bitcoin traders appear to be throwing in the towel and coming to terms with the reality that BTC price could fall below $50,000 in the short term
Russia to Prioritize Supplying Energy for Social Development Over Bitcoin Mining
6.9.2024
Russia will prioritize using its energy for social development instead of Bitcoin mining, according to the Ministry of Energy. Energy Minister Sergei Tsivilev stressed that if there is a surplus in certain areas, this power can be supplied to legal and registered energy miners operating outside...
US companies forecast to buy $10.3B in Bitcoin over next 18 months — Report
6.9.2024
The report claimed, a cash treasury “supplemented with a 3% allocation to Bitcoin” would have shielded companies from inflation since 2020
Bitcoin’s UTXOs Signal a Rally: Is a New All-Time High Possible?
6.9.2024
The percentage of Bitcoin unspent transaction outputs (UTXOs) in profit has dropped to its lowest level this year,…
Price analysis 9/6: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
6.9.2024
Bitcoin bears have pulled the price below the support of the range, starting a potential downtrend toward $49,000.
Crypto market enters 'extreme fear' as analysts warn of Bitcoin below $50K
6.9.2024
Market analyst concerns over a correction below $50,000 are mounting, as crypto market sentiment returns to early August lows
Bitcoin price dips to new 1-month low after $57K US jobs data 'fakeout'
6.9.2024
Bitcoin fools traders up and down as BTC price volatility accompanies the week's final US employment data release
Bitcoin set for sub $50K correction in September: Analysts
6.9.2024
Declining trading volumes and slowing ETF inflows could set the stage for a correction below $50,000, before a rally to new highs
First Mover Americas: BTC Treads Water Ahead of U.S. Jobs Report
6.9.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 6, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Watch these 3 BTC price levels if Bitcoin breaks below $55K
6.9.2024
Bitcoin’s recent drop to $55,250 reclaimed an untouched demand zone from August, which may push prices for an immediate swing high at $58,000.
Arthur Hayes sees sub-$50K BTC price as Bitcoin risks 'stark' trend shift
6.9.2024
BTC price targets are increasingly looking for a rematch with last month's lows as Bitcoin chartists highlight formidable resistance levels
BTC Spot ETF Sees 7 Days of Consistent Outflow
6.9.2024
On September 5, 2024, Eastern time, the Spot Bitcoin ETF had its seventh straight day of net outflows.…
Riot Platforms’ Bitcoin holdings cross 10K BTC, production drops
6.9.2024
Riot Platforms reports a drop in Bitcoin production for August 2024 but stays bullish with expansion plans to increase its mining capacity and optimize energy costs
Crypto in ‘extreme fear’ as Arthur Hayes tips ‘sub $50K’ Bitcoin weekend
6.9.2024
Crypto market sentiment dropped back into “extreme fear” amid Bitcoin’s price slump, with Arthur Hayes calling that it could drop again