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Ethereum surpasses $3,700 after Arbitrum activation

Ethereum surpasses $3,700 after Arbitrum activation

The price of Ethereum (ETH) surpassed the $3,700 mark on Wednesday (1st), after the layer2 solution called Arbitrum went into operation. The price of ETH rose to $3,790, registering an increase of more than 10% in the last 24 hours. This is a new price

September shows negative returns for Bitcoin since 2017

September shows negative returns for Bitcoin since 2017

The month of August ended with a 13% increase in the price of Bitcoin (BTC). However, expectations for next month are not encouraging. According to historical data, September has been showing negative returns for the BTC since 2017. In fact, the price closed positively this

Bitcoin will continue to rise, says Glassnode report

Bitcoin will continue to rise, says Glassnode report

Glassnode latest Bitcoin report highlighted growth in both futures and open and outstanding contracts. And, according to company data, Bitcoin’s trend is to continue rising. Glassnode pointed out that after the drop in open positions in mid-April from $27.4 billion to $10.6 billion, or 61%,

US is the only G7 economy to have recovered from the pandemic

US is the only G7 economy to have recovered from the pandemic

The United States is the only economy in the G7 that recovered, in the second quarter, to pre-pandemic values, according to a report released this Monday by the Organization for Economic Cooperation and Development (OECD). The data show that the pace of growth of the

Inflation in Germany hits historic highs in August

Inflation in Germany hits historic highs in August

The annual inflation rate in Germany rose to 3.9% in August, the highest level since December 1993, when it reached 4.3%, thats what preliminary data released this Monday by the German federal statistical agency (Destatis) indicate. The harmonized Consumer Price Index (CPI) of Germany, which

Bitcoin generated $2 billion in profits for MicroStrategy

Bitcoin generated $2 billion in profits for MicroStrategy

Recently, the business intelligence company MicroStrategy acquired another 3,907 Bitcoins. The amount paid per unit was $45,292, which gives a total of $177 million for the purchase. Now, the company has accumulated 108,992 BTC in custody, totaling $2,918 billion. So far, the 108,992 Bitcoins acquired