Bitcoin Hits $37K, Ending 18-Month Drought The cryptocurrency market is currently experiencing a mood of "greed" as reflected by the Crypto Fear and Greed Index (CFGI) scoring a 69 out of 100. On November 9, 2023, at 5:20 a.m. Eastern Time, the price of bitcoin reached above $37K, a level not seen since May 2022, […]
Bitcoin Surges to 18-Month High as Market Sentiment Turns Greedy Read More »
Bitcoin's Price Holds Steady Above $35,000 Bitcoin, the world's largest cryptocurrency, has managed to hold its price above the $35,000 level. However, positive momentum has slowed down over the past week, according to technical indicators. On November 8, the digital asset closed at $35,369. Global Markets Show Mixed Signals as Bitcoin Rally Takes a Breather
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A recent study conducted by Glassnode on onchain activities has revealed that the scarcity of the bitcoin supply has tightened. This observation comes despite a substantial increase in the value of bitcoin throughout the current year. Bitcoin's Tightening Supply Defies Price Rally, Reveals Glassnode Study Over the past year, BTC has experienced a surge of
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Economist Nouriel Roubini's Firm Reveals Climate-Focused Crypto Token Critics are currently roasting economist Nouriel Roubini, whose disdain for cryptocurrency is well-documented, as his company Atlas Capital announces its venture into the very market he once scorned. The firm is rolling out a crypto asset token crafted to combat the "negative effects of climate change," marking
Microstrategy Chairman Michael Saylor is optimistic that the demand for bitcoin will double in the wake of the halving event and the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). Saylor believes that the next 12 months will be highly favorable for the asset class and points to
Introduction In a recent speech in Basel, Switzerland, Agustín Carstens, the chief of the Bank for International Settlements (BIS), expressed his belief that central bank digital currencies (CBDCs) will play a vital role in the future financial system. Carstens highlighted the potential for innovation and meeting public expectations that CBDCs bring. While acknowledging the challenges
Introduction Monetary Gold is a reputable precious metals dealer that offers a unique approach to investing in silver and gold. With direct partnerships with precious metal dealers, Monetary Gold provides competitive pricing and a wide range of products for investors. In this guide, we will explore the services and products offered by Monetary Gold, as
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Introducing Gold-Backed NFTs for Wealth Preservation SwissGold Crypto AG, a Swiss-regulated crypto issuer, has unveiled a groundbreaking solution to the challenges of wealth preservation in times of inflation and uncertainty. The company has introduced gold-backed non-fungible tokens (NFTs), leveraging the enduring stability of gold to provide a trusted store of value. A Trusted Wealth Preserver
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NFT Market Revives With 7-Day Gains Between October 29 and November 5, 2023, sales of non-fungible tokens (NFTs) experienced a significant increase of 18.30% compared to the previous week, reaching a staggering $106.32 million. This surge in NFT sales is indicative of a revival in market activity, with both the number of buyers and sellers
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Introduction Renowned author Robert Kiyosaki, best known for his book Rich Dad Poor Dad, has recently provided a comprehensive breakdown of Rich Dad's first lesson. This lesson emphasizes the significance of preserving tangible assets, such as gold, silver, and bitcoin, to achieve lifelong financial security and freedom. In this article, we will delve into Kiyosaki's