Sun, November 17

Santander Enables Bitcoin and Ethereum Trading for Swiss Clients

Clients with Swiss accounts may now trade and invest in Bitcoin and Ethereum, as a new service has been launched by the international division of Spanish financial giant Banco Santander. High-net-worth clients of Santander Private Banking International may soon be able to trade Bitcoin and Ethereum, according to a source.

November 20, 2023 1 min read

Argentina Elects Bitcoin Advocate Javier Milei as New President

Javier Milei, who supports bitcoin, defeated Sergio Massa to win Argentina’s presidential election on November 19. According to Bloomberg statistics, with over 99% of the ballots recorded, Milei had over 55% of the vote, giving him a roughly 3-million vote advantage. Massa, the nation’s minister of economics, contacted Milei to

November 20, 2023 2 mins read

Bitcoin is Pumping and Argentina’s Elections Might be the Reason!

Javier Milei has secured victory in Argentina’s presidential race, setting the stage for a potential economic transformation in the country. Known for his outspoken support of Bitcoin and sharp criticism of traditional central banking systems, Milei’s win has sparked optimism in the cryptocurrency market. Following the announcement, Bitcoin displayed an

November 20, 2023 2 mins read

Bitcoin Enters Consolidation Phase Eyeing Significant Breakout

According to Santiment, Bitcoin’s price supremacy has returned—at least for the time being-and it has begun to surpass other cryptocurrencies. After a successful month, most altcoins are facing steep correction. Santiment also mentioned that Bitcoin’s NVT ratio had significantly improved. This statistic acts as a vital signal for traders. It’s

November 19, 2023 2 mins read

Bitcoin Faces Steep Correction After Failing to Break Above $38,000

An updated application for a spot Bitcoin ETF has been submitted by WisdomTree. Prominent ETF analyst James Seyffart has said that this modification is normal yet crucial in the multi-stage process of ETF approval. That indicates Wisdom Tree is in constant touch with the U.S SEC about its application to

November 17, 2023 2 mins read

Crypto App Strike Expands Global Reach with Strategic Expansion

On Thursday, the cryptocurrency app Strike announced a huge broadening of its services. In a post published on Thursday, Strike’s founder Jack Mallers revealed the company’s international expansion. Users in 36 countries (soon to be 65+) outside the United States may now use the app to purchase bitcoin. As part

November 17, 2023 1 min read

Bitcoin Is Pumping But Will It Cross $40,000 Soon?

Bitcoin enthusiasts witnessed a stirring moment in the market as the leading cryptocurrency, by market capitalization, surged to new 18-month high of $37,904, tantalizingly close to breaching the $38,000 mark in recent hours. After a prolonged lull, the Bitcoin bulls made a notable comeback, propelling a remarkable 33% surge in

November 16, 2023 2 mins read

Commerzbank Secures Crypto Custody License From German Authorities

Commerzbank, a German bank, said on November 15 that it has received a cryptocurrency custody license from German authorities. Jörg Oliveri del Castillo-Schulz, chief operating officer of Commerzbank, stated that getting the license is an “important milestone.” Moreover, Commerzbank claims to be the first “full-service” German bank to get such

November 15, 2023 1 min read

Bitcoin Shows Signs of Recovery Post Finding Support Around $35,000

Binance’s CEO, Changpeng Zhao (CZ), thinks Bitcoin mining is the most outstanding business model ever. This observation came as news surfaced that miners were raking in record amounts of money from block rewards and transaction fees, with some days seeing earnings of over $44 million. This number exceeded the April

November 15, 2023 2 mins read

Crypto Market Turns Red Despite U.S Inflation Rate Cooling Down

The U.S. Labor Department has issued the highly anticipated U.S. Consumer Price Index (CPI) data for October, which indicated that the U.S. inflation came in at 3.2% at an annual pace, as contrasted to the market forecast of a 3.3% spike. Meanwhile, the U.S. CPI fell in October after rising

November 14, 2023 2 mins read