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
Bitcoin as a Commodity Currency and Store of Value Fidelity's director of global macro, Jurrien Timmer, believes that bitcoin has the potential to become an exponential gold. In his view, bitcoin is a commodity currency that aims to be both a store of value and a hedge against monetary debasement. Timmer compares bitcoin to gold,
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Introduction Bitcoin Magazine and Nitrobetting.eu have teamed up to present a thrilling new contest called "The Bitcoin Halving Challenge." This innovative competition provides participants with a unique opportunity to showcase their Bitcoin market prediction skills and potentially win a share of 1 Bitcoin. The Contest Details The registration for the contest opened on November 1,
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Bitcoin Price Analysis In trading on Friday, November 3, 2023, Bitcoin (BTC) experienced a decline of 3.3%, dropping to $34,195. The trading volume during the last 24 hours was $20.79 billion. The relative strength index (RSI) reading of 70 suggests that Bitcoin is approaching overbought levels, while the Stochastic oscillator of 86 indicates the possibility
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Recorded Net Income and Adjusted EBITDA In the third quarter of 2023, Coinbase, the publicly-traded cryptocurrency exchange, outperformed expectations despite the extended crypto market slump. In their most recent shareholder letter, Coinbase disclosed a net income of $2 million and an adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $181 million for the
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