Despite the setbacks it has seen in recent weeks, the price of Bitcoin (BTC) seems poised for a significant jump in the coming months.
According to most analysts, several metrics point to a price increase by the end of the yearalthough the value of BTC has resisted to rise from USD 61,000 in recent days.
However, it is necessary to pay close attention to the economic announcements that will be presented in the coming months, especially due to the fears that persist that the United States fall into a recessionThese fears have led large investors to seek refuge in less risky assets, among which gold stands out.
In this context, the Cryptocurrency ETF market stands out for the dominance achieved by BlackRock, after surpassing its main competitors. This, while bitcoin holdings grow in hedge fund treasuries and new banks are joining the wave of cryptocurrency adoption.
Meanwhile, at the regional level, Argentines expect new services due to the closer relationship between banking and the cryptocurrency sectorwhile Honduras enters the race for gold-backed cryptoassets. There was also news in Colombia, where a gold-backed cryptoasset was launched the eighth edition of the Blockchain Summit LatamOur correspondents report on the latest developments brought by the event.
If you missed some of the most relevant news of the week, don’t worry, we have compiled them here with our multimedia information menu.
Below we condense all the news events of the last week with our compilation video.
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