Author name: Peter

The Market Action of Bitcoin on Friday: Bullish or Bearish?

Bullish Sentiment and Technical Analysis On Friday, the price of bitcoin experienced fluctuations, ranging from $41,937 to $43,347, with a market value of $846 billion. The day's trading activity reached $17.35 billion, indicating increased investor participation and market liquidity as the weekend approached. The current sentiment towards bitcoin is balanced, with a sentiment score of […]

The Market Action of Bitcoin on Friday: Bullish or Bearish? Read More »

OFAC Revokes License of Venezuela-owned Gold Company Minerven for International Commercialization

OFAC Revokes License for Minerven's Gold Operations in International Markets The Office of Foreign Assets Control (OFAC) has revoked the license of Minerven, the Venezuela-owned gold company, for engaging in gold transactions in international markets. The sanctions on Minerven, which were previously eased in October, will be reinstated on February 13. Additionally, oil and gas

OFAC Revokes License of Venezuela-owned Gold Company Minerven for International Commercialization Read More »

Larry David Regrets Super Bowl Ad for Bankrupt Cryptocurrency Exchange FTX

Introduction Larry David, the creative genius behind hit shows like "Seinfeld" and "Curb Your Enthusiasm," recently expressed regret over his involvement in a Super Bowl ad for the now-bankrupt cryptocurrency exchange FTX. At the premiere of the final season of "Curb Your Enthusiasm," David openly admitted that his decision to endorse FTX was misguided. A

Larry David Regrets Super Bowl Ad for Bankrupt Cryptocurrency Exchange FTX Read More »

LAST WARNING: They Want To DESTROY Gold & Silver – Andy Schectman

Self-Directed gold IRAs are fantastic as they let you make investments in gold and other precious metals and not have to work with middlemen. Actually, these accounts are so simple , even your grandmother could manage it! When you purchase physical silver, gold palladium, platinum, bar, rounds, and bullion, you get immediate liquidity. If you’re

LAST WARNING: They Want To DESTROY Gold & Silver – Andy Schectman Read More »

Egypt Aims to Stabilize Economy with $1 Billion Treasury Bill Auction

Egypt's Efforts to Stabilize Its Economy The Central Bank of Egypt (CBE) is taking further steps to stabilize Egypt's teetering economy by auctioning dollar-denominated treasury bills (TB) worth $1 billion. This move is aimed at easing pressure on the country's foreign exchange reserves, following a previous auction of $850 million in December 2023. Addressing Challenges

Egypt Aims to Stabilize Economy with $1 Billion Treasury Bill Auction Read More »

Hong Kong Regulator Urges Crypto Investors to Use Approved Virtual Asset Trading Platforms

The Securities and Futures Commission (SFC) in Hong Kong has issued a reminder to cryptocurrency investors in the region to only use or trade on approved virtual asset trading platforms (VATP). In a statement released on February 5, 2024, the SFC emphasized the importance of verifying a VATP's regulatory status before engaging in any transactions.

Hong Kong Regulator Urges Crypto Investors to Use Approved Virtual Asset Trading Platforms Read More »

Monero’s Market Plummets 32% as Binance Announces Delisting, Sparking XMR’s Turbulence

Monero Faces 32% Value Slash as Binance Cuts Ties With Privacy Coin Monero (XMR), the leading privacy-focused cryptocurrency, experienced a sharp 32% decline within the last day after news broke that Binance intends to remove the coin from its platform. Binance, the globe's leading cryptocurrency exchange by trade volume, announced the delisting of monero, along

Monero’s Market Plummets 32% as Binance Announces Delisting, Sparking XMR’s Turbulence Read More »

Onchain Bitcoin Fees in 2024: A Closer Look at Transaction Costs and Delays

Bitcoin Network's Average Transfer Fee in 2024 Data collected over the past 36 days reveals that the average transfer fee on the Bitcoin network has consistently been above $3.68. Even for median-sized transactions, the costs have not dropped below the $1.67 mark. As of February 6, 2024, there is a significant backlog of 221,799 transactions

Onchain Bitcoin Fees in 2024: A Closer Look at Transaction Costs and Delays Read More »

Vast Bank Withdraws From Cryptocurrency Sector, Shuts Down Mobile App

Vast Bank Closes Cryptocurrency App, Exits Digital Asset Market Amid Regulatory Pressures Vast Bank, headquartered in Oklahoma, United States, has announced its departure from the cryptocurrency market, coupled with the closure of its crypto mobile banking application. This decision, effective as of Jan. 31, marks a shift in the bank's operational focus. Introduced in 2021,

Vast Bank Withdraws From Cryptocurrency Sector, Shuts Down Mobile App Read More »