Chinese Investors Seeking Earnings in Crypto Chinese investors are increasingly diversifying their portfolios by investing in cryptocurrency, as the national stock market faces a downturn. Despite the ban on purchasing and trading cryptocurrencies since 2021, Chinese investors have found ways to allocate a significant portion of their assets to the crypto market. Utilizing Exchanges and … [Read more...]
TrueUSD Struggles to Maintain $1 Peg as GHO Climbs Close
TrueUSD's Fluctuations Below $1 Peg Since January 15, 2024, TrueUSD (TUSD), the fifth-largest stablecoin by market capitalization, has been experiencing fluctuations below its U.S. dollar peg. On January 17, TUSD's value dipped to $0.9709 per unit. Although it briefly recovered to the $0.99 mark the next day, as of 10:30 a.m. Eastern Time (ET) on Thursday, TUSD was trading between $0.979 … [Read more...]
Number of Global Cryptocurrency Owners Jumped 34% in 2023
Introduction A new report reveals that the number of global cryptocurrency owners experienced a significant surge in 2023, increasing by 34% and reaching 580 million by the end of the year. This growth was primarily driven by the rising popularity of Bitcoin and Ethereum. The report also highlights the approval of spot bitcoin exchange-traded funds (ETFs) and the introduction of the Bitcoin … [Read more...]
GBTC Bitcoin Holdings Decrease as Outflows Continue
$2 Billion in Bitcoin Depart Grayscale’s GBTC Since Jan. 12 In the U.S. market, nine newly launched spot bitcoin exchange-traded funds (ETFs) and the recently revamped GBTC have collectively recorded a trading volume of $16.53 billion over a six-day period. However, GBTC, which commands the majority of this trade volume, has experienced a significant reduction in its bitcoin holdings. In the past … [Read more...]
FTX Under New Scrutiny: Appellate Court Orders Independent Investigation
Court Mandates External Probe into FTX, Highlighting Potential Crypto Market Risks An independent examiner was initially barred from delving into the FTX bankruptcy case. However, the Third Circuit Court of Appeals in Philadelphia has recently overturned this decision, mandating that the defunct crypto exchange undergo an investigation by an external party. This ruling points out that such an … [Read more...]
The Tokenized Asset Coalition Predicts Advancements in Tokenization in 2024
Introduction The Tokenized Asset Coalition (TAC), a membership organization dedicated to promoting the institutional adoption of tokenization practices, has released its highly anticipated "State of Tokenization" report. The report highlights the significant progress made in the tokenization of real-world assets and predicts further advancements in 2024. Tokenization Across Asset … [Read more...]
The Environmental Cost of Gold Mining
Introduction Gold mining has a long history, driven by the desire for wealth and the preservation of value. However, the environmental impact of this industry is often overlooked. While some investors argue that gold is a better store of value than Bitcoin due to environmental concerns, research suggests otherwise. In fact, Bitcoin mining can have a positive impact on renewable energy expansion … [Read more...]
Hong Kong Virtual Asset Consortium Updates Crypto Indexes, Excludes XRP in Favor of SOL
Hong Kong is making significant strides in strengthening its crypto regulatory framework and embracing exchange-traded funds (ETFs). As part of these efforts, the Hong Kong Virtual Asset Consortium (HKVAC) has recently revised its crypto indexes, prioritizing tokens with strong market performance and growing industry partnerships. HKVAC's Revised Crypto Indexes In a recent statement, the … [Read more...]
Robert Kiyosaki Raises Alarm on Ballooning National Debt — Urges Investors to Buy Bitcoin
Robert Kiyosaki Concerned About National Debt Renowned author Robert Kiyosaki, best known for his book Rich Dad Poor Dad, has once again emphasized the importance of buying bitcoin, reiterating his positive outlook on the cryptocurrency. Kiyosaki has expressed ongoing concerns about the state of the U.S. economy and the dollar. Rich Dad Poor Dad, a book co-authored by Kiyosaki and Sharon Lechter, … [Read more...]
What Are The Rules for a Gold IRA? Simple Guide for 2023
Self-Directed Gold IRAs are a fantastic option to invest in gold without having to deal with the hassles of purchasing physical bullion. This type of account permits investors to purchase bullion directly through the state, and then store it in their own name. Although many prefer holding tangible gold items, all can get access to it. Additionally physical gold can be expensive and difficult … [Read more...]
- « Previous Page
- 1
- 2
- 3
- 4
- 5
- …
- 24
- Next Page »