Author name: Peter

Alliance Bernstein Analyst Recommends Buying Bitcoin Dip Amid SEC Approval of Spot ETFs

Senior Analyst Urges Investors to Take Advantage of Bitcoin Dip A senior analyst specializing in digital assets at global asset management firm Alliance Bernstein, Gautam Chhugani, has advised investors to buy the dip in bitcoin, emphasizing the potential of the new bitcoin adoption cycle. In a client note reviewed by Yahoo Finance, Chhugani stated that […]

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The Next Breakout for Gold is Imminent – Insights from Gareth Soloway

In this article, we have the privilege of speaking to one of our favorite chart experts, Gareth Soloway. We catch up with him to discuss the recent surge in gold prices, the relatively stagnant performance of silver, and the global economic landscape. Additionally, we delve into his predictions for the future of gold and his

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South Korea’s Crypto Volumes Reach New Heights in 2024 as Upbit and Bithumb Lead the Local Market

Introduction In the past 100 days, South Korea has experienced a significant surge in crypto trading activity. The country's leading crypto exchanges, Upbit and Bithumb, recorded their highest trading volumes during the first week of January 2024. While South Korea's crypto assets command a noticeable premium, the most popular traded coins in this region differ

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Altcoins Thrive While Bitcoin Dips in a Dramatic Week of Crypto Trading

Introduction The past week in the crypto economy has been filled with interesting developments. While bitcoin experienced a decline of 5.7% in value, ethereum, on the other hand, saw a significant uptick of 10.8% against the U.S. dollar. However, it was the altcoins that stole the show, with SUI leading the market gains by surging

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Hong Kong Virtual Asset Consortium Updates Crypto Indexes, Excludes XRP

Introduction As Hong Kong strengthens its regulatory framework for cryptocurrencies and embraces ETFs, the Hong Kong Virtual Asset Consortium (HKVAC) has made updates to its crypto indexes. The consortium has shown a preference for tokens with strong market performance and growing industry partnerships, leading to the exclusion of Ripple's XRP from its indexes. Revisions to

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SEC Chair Gary Gensler Sees Irony in Spot Bitcoin ETF Approval — ‘This Was About Centralization’

Spot Bitcoin ETF Approval and Centralization The approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) has raised concerns for SEC Chair Gary Gensler. In an interview with CNBC, Gensler highlighted the irony of the situation, stating that the approval of these ETFs has led to centralization, contradicting the

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Unveiling Bitcoin Reserves: A Detailed Analysis of 6 New Spot Bitcoin ETFs

Introduction The launch of the first spot bitcoin exchange-traded funds (ETFs) in the United States has unveiled the number of bitcoins held by these funds. By analyzing the holdings of these ETFs, we can gain valuable insights into the current state of the market. In this article, we will delve into the details of the

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The Shocking Reality: Seniors Losing It All in Gold IRA Investments

Self-DirectedGold IRAs are great as they let you invest in precious metals, without having to work with middlemen. Actually, these accounts are so simple , even your grandmother could set it up! If you purchase physical silver, gold platinum, palladium, and rhodium coins, bars, rounds and bullion, you get immediate liquidity. If you’re looking to

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Gamestop’s NFT Marketplace to Close: Pausing the Cryptocurrency Adventure

Gamestop's Decision to Shut Down the NFT Marketplace In a prominent announcement on the Gamestop non-fungible token (NFT) marketplace, the company has revealed its intention to close the platform on February 2, 2024. This means that users of the Gamestop NFT market will no longer be able to buy, sell, or create NFTs. The Pause

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Robert Kiyosaki Raises Alarm on Ballooning National Debt — Urges Investors to Buy Bitcoin

Renowned author of Rich Dad Poor Dad, Robert Kiyosaki, has expressed grave concerns about the rapid increase in the national debt of the United States. Over a short period, the national debt has skyrocketed by a trillion dollars, causing Kiyosaki to sound the alarm. In light of this, he strongly advises investors to diversify their

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