Author name: Peter

The Impact of Spot Bitcoin ETFs on Centralized Exchanges

Spot Bitcoin ETFs and Their Effect on Centralized Exchanges Recently approved spot Bitcoin exchange-traded funds (ETFs) have the potential to divert investor interest and trading volume away from centralized exchanges (CEXs). According to Anthony Bevan, CEO of the wealth management firm Blockguard, spot Bitcoin ETFs are likely to attract investors who prefer "more regulated and […]

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Spot Bitcoin ETFs Record Lowest Volume Since Jan. 11; Grayscale Sells Over 13,000 Bitcoin, New ETFs Hold $4.91B in Assets

Spot Bitcoin ETFs Experience Decreased Trading Volume According to the latest data, spot bitcoin exchange-traded funds (ETFs) have recently seen a decline in trading volume. On Wednesday, these ETFs recorded their lowest trading volume day since Jan. 11, 2024, with approximately $1.28 billion in volume. This decrease in trading volume indicates a shift in investor

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Does a Gold IRA Make Money?

Self-Directed gold IRAs are fantastic as they allow you to invest in precious metals without having to engage any middlemen. Actually, these accounts are so easy that even your grandmother could use them! When you buy physical silver, gold, palladium, platinum and the rhodium coins, bars rounds, and bullion, you will receive immediate liquidity. However,

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The Challenges Faced by TrueUSD as GHO Climbs Near the $0.99 Mark

TrueUSD Struggles to Maintain $1 Peg TrueUSD (TUSD), currently the fifth-largest stablecoin in terms of market capitalization, has been facing difficulties in maintaining its peg to the U.S. dollar since January 15, 2024. On January 17, the value of TUSD dropped to $0.9709 per unit. Although it briefly recovered to the $0.99 mark the following

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Crypto Lender Abra to Return Assets to Texas Investors

Abra Agrees to Refund Texas Investors in Settlement Over Crypto Offerings Crypto lender Abra has reached a settlement with the Texas State Securities Board (TSSB) following allegations of unregistered securities offerings. As part of the settlement, Abra has agreed to return assets to Texan investors, and other U.S. clients will also have the opportunity to

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The Avalanche Foundation Announces Requirements for Meme Coin Purchasing Program

Avalanche Foundation Sets Criteria for Meme Coin Investments The Avalanche Foundation, a non-profit organization dedicated to supporting the avalanche ecosystem, has revealed the criteria for its active meme coin purchasing program. In order to be considered for this program, meme coin projects must meet specific requirements related to holder count, concentration, liquidity, liquidity providers, lifespan,

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Deciphering BTC’s Complex Market Behavior: Bitcoin Technical Analysis

Introduction Bitcoin's price dynamics on January 24, 2024, reveal a complex market scenario with fluctuations and changes in investor sentiment. The cryptocurrency's value has oscillated between $39,878 and $40,069 in the past hour, with a broader 24-hour range of $38,505 to $40,515, showcasing significant volatility. Bitcoin's Market Capitalization and Trade Volume Bitcoin currently boasts a

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Arkham Identifies Four Spot Bitcoin ETFs and Their Holdings

Introduction On January 23, Arkham, a firm specializing in onchain intelligence, made a significant announcement. They revealed the identification of four lists of connected addresses that are linked to four new spot bitcoin exchange-traded funds (ETFs). These addresses are reportedly associated with prominent fund managers, including Blackrock, Fidelity, Bitwise, and Franklin Templeton. Arkham's Identification of

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