Author name: Peter

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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Hashkey Capital and FTSE Russell Launch Trio of Indices to Track Diverse Crypto Assets

Introduction Hashkey Capital, a digital asset investment company, has partnered with FTSE Russell, a subsidiary of the London Stock Exchange Group (LSEG), to introduce three indices that track cryptocurrencies. These indices provide investors and traders with the ability to monitor a wide range of assets across different segments of the digital asset market. Hashkey and

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Bitfarms Expands Mining Operations With New 100 MW Facility in Paraguay, Aiming for 21 EH/s Capacity by Year End

Bitfarms Targets 21 EH/S Capacity With New Paraguay Facility On Wednesday, Bitfarms, a bitcoin mining enterprise listed on the U.S. stock market, announced the successful acquisition of a new site in Yguazu, Paraguay, for the development of a 100 megawatt (MW) mining facility. This strategic move is part of Bitfarms' ambitious plan to increase its

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