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The Salvadoran Media Speculates on Bukele's Political Move In recent weeks, the Salvadoran media has been abuzz with speculation that President Nayib Bukele, known as the leader of Bitcoin Country, will step down from his current role to pursue a second term in office. This move, however, is contingent upon obtaining a special license from […]

Introduction Coinbase Financial Markets (CFM) has recently launched regulated leveraged crypto futures for its U.S. customers. This offering is now accessible to Coinbase Advanced users. The trading platform currently provides nano-sized contracts, allowing traders to deal with one-hundredth of a bitcoin and one-tenth of an ethereum. Coinbase Financial Markets Rolls Out Crypto Futures for U.S.

Alliance Bernstein Foresees Bitcoin Reaching $150K in 2025 Alliance Bernstein, a global asset management firm, has projected that the price of bitcoin will surge to $150,000 by 2025. Gautam Chhugani, the firm's senior analyst specializing in digital assets, expressed this optimistic prediction in a note released on Tuesday. Chhugani anticipates that the U.S. Securities and

Digital Asset Market Sees Record-Breaking Inflows In October, the digital asset market experienced a surge in optimism, resulting in $326 million in fund inflows. This marks the largest single-week gain in one and a half years, according to Coinshares' latest report on digital asset fund flows. The report, Volume 155, highlights the growing optimism and

Brazilian Tax Authority Reports Stablecoin Trading Growth The Brazilian Tax Authority (RBF) has recently published an article acknowledging the significant growth in stablecoin trading in Brazil. Stablecoins, which are tokens tied to the value of other currencies, have become increasingly popular in the country and have surpassed the volumes of cryptocurrencies like Bitcoin (BTC). The

Bitcoin Breaks $35,000 Barrier on ETF Optimism Bitcoin has reached its highest level since May 2022, with bullish sentiment sweeping through the market. Traders are anticipating an announcement from the United States Securities and Exchange Commission (SEC) regarding a potential bitcoin exchange-traded fund (ETF), possibly from Blackrock. Meanwhile, Ethereum has also experienced gains, surpassing the

Introduction In a compelling tale of persistence and financial prudence, a Reddit user going by the handle u/Gorillahair2000 embarked on a unique investment experiment to determine the potential rewards of consistently investing small amounts into Bitcoin. This experiment aimed to showcase the power of dollar cost averaging and its ability to generate significant returns, even

Introduction A recent report reveals that South Korean cryptocurrency traders are more attracted to high-risk, high-reward altcoins than their American counterparts. The study indicates that major cryptocurrencies like bitcoin and ethereum have a smaller share in trading volumes on the largest Korean exchange compared to the leading U.S. exchange. South Korean Investors Favor Altcoins with

S&P 500 in Correction Territory The S&P 500, a major U.S. equities index, has experienced a decline of more than 10% since its peak on July 31. This drop is attributed to growing concerns about a possible recession in the U.S. economy. Analysts have described this as the first correction since the market hit its

Introduction The crypto data from the beginning of the year till now reveals a remarkable surge of 106% in the value of bitcoin (BTC) against the U.S. dollar. However, it's important to note that bitcoin is not the top performer in this period. In fact, there are several other cryptocurrencies that have experienced gains surpassing