Introduction Bitcoin, with a market capitalization of $798 billion and a 24-hour trade volume of $16.58 billion, is currently hovering just above the $41K zone. In this article, we will analyze bitcoin's technical indicators and charts to gain insights into its current market state. Technical Analysis Oscillators and Key Indicators: The Relative Strength Index (RSI) […]
Bitcoin Technical Analysis: Navigating Bearish Currents Read More »
Introduction Similar to the recent activity of bitcoin, the second largest cryptocurrency by market cap, ethereum has also experienced market turbulence and a distinct downtrend. In this article, we will delve into the recent market performance of ethereum (ETH), analyze key indicators, and provide a comprehensive outlook for its future movements. Current Market Performance As
Bitcoin's Value Continues to Decline Bitcoin, the leading cryptocurrency, has experienced a further decline in value, dropping below the $39,000 mark as bearish trends continue to exert downward pressure. This comes after the cryptocurrency fell below the $40,000 barrier on Monday. Within the last 24 hours, bitcoin's value has depreciated by 5.3% against the U.S.
Bitcoin Price Falls Below $39,000 as Market Pressure Mounts Read More »
Introduction Bitcoin Magazine is thrilled to announce its new partnership with Unchained, the leading provider of Bitcoin financial services. As our Official Collaborative Custody and IRA partner in the United States, Unchained will offer a groundbreaking approach to managing Bitcoin assets, providing investors with enhanced security and control. The Need for a Better Solution Traditionally,
Bitcoin Magazine and Unchained Partner to Revolutionize Bitcoin Financial Services Read More »
Insights into the Current State of the Market Last week, we had the opportunity to speak with Gary Savage, the founder of Smart Money Tracker, who shared his thoughts on the current state of the market and provided valuable insights into potential future movements. In our conversation, we covered a range of topics, including stock
Gary Savage’s Bold Call for $10,000 Gold Read More »
Introduction Discreet Log Contracts (DLCs) have been around for a while, first proposed by Thaddeus Dryja in 2017. DLCs are a type of smart contract designed to address several issues with previous contract schemes. The goal was to improve scalability, enable the inclusion of external data into the blockchain, and enhance user privacy. In this
Evolving DLCs to Meet Institutional Needs Read More »
Introduction Investing in gold can be a lucrative option, especially during uncertain economic times. If you prefer not to deal with physical gold, gold mutual funds can be a suitable alternative. By pooling your money with other investors, you can take advantage of lower costs and potentially higher returns. In this guide, we will explore
A Guide on Investing in Gold Mutual Funds Read More »
Self-DirectedGold IRAs are fantastic as they let you invest in precious metals, without having to deal with any middlemen. In fact, these accounts are so simple that even your grandma could do it! When you purchase physical gold, silver palladium, platinum and bar, rounds and bullion, you get immediate liquidity. However, if you wish to
The $65,000 Roth IRA Mistake To Avoid Read More »
Grayscale's Bitcoin ETF Outflows Grayscale's spot bitcoin exchange-traded fund (ETF), known as GBTC, has experienced increased outflows since its recent update. Present data reveals that a substantial 14,292.18 bitcoin, valued slightly above $556 million, exited the fund after Monday's trading activities. Recent figures indicate a notable decrease in Grayscale's spot bitcoin ETF holdings, declining from
Grayscale’s Bitcoin ETF Sees Record Outflows as Bitcoin Price Falls Read More »
JPMorgan's Crypto Market Outlook, Coinbase's Downgrade Global investment bank JPMorgan has downgraded Coinbase Global (Nasdaq: COIN) from Neutral to Underweight, citing a challenging future for the crypto market. With crypto prices already under pressure, JPMorgan warns of the potential for further deflation fueled by cryptocurrency ETF enthusiasm, resulting in lower crypto prices and trading volume.
JPMorgan Downgrades Coinbase Stock as Challenges Loom for Crypto Market Read More »