Author name: Peter

Ethereum Technical Analysis: ETH Momentum Falters After Reaching $2,100 Barrier

Ethereum Price Movement Similar to bitcoin, Ethereum (ETH) has experienced a 2% increase in value against the U.S. dollar on Friday. The price range for ETH in the past 24 hours has been between $2,024 and $2,111, showing a volatile but upward trajectory. Currently, Ethereum has a market capitalization of $250 billion and a 24-hour […]

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Sales of Non-Fungible Tokens (NFTs) Surge in November, Bitcoin Climbs Past Ethereum

November Sees Significant Surge in NFT Sales Sales of non-fungible tokens (NFTs) experienced a notable surge in November, with a 129.01% increase in sales volume compared to October. This surge resulted in close to $1 billion in transactions, reaching an exact figure of $944.33 million. This represents a slight increase of just above 129% compared

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Self-Directed Gold IRA: How Does It Work? | MrGold IRA 401K, SEP, Roth IRA

Self-Directed Gold IRAs are fantastic as they let you make investments in gold and other precious metals without needing to engage any middlemen. They are so simple that your grandmother could use them! If you purchase physical gold, silver, palladium, platinum and bar, rounds and bullion, you’ll get immediate liquidity. However, if you wish to

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The Rise of FDUSD: Approaching $1 Billion Market Capitalization

FDUSD's Impressive Growth and Market Value Recent data reveals that the market capitalization of the newly introduced stablecoin, first digital usd (FDUSD), is rapidly approaching the $1 billion mark. Since its inception on August 4, 2023, FDUSD has experienced an astounding 253% increase in supply, positioning it as one of the most promising USD-pegged tokens

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Peter Schiff’s 2024 Economic Predictions: Recession and High Inflation on the Horizon

Economist Peter Schiff warns of economic downturn and soaring inflation in 2024 Economist Peter Schiff has recently shared his predictions for the year 2024, painting a grim picture for the U.S. economy. In a series of posts on social media platform X, Schiff emphasized that not only will the economy crash into a recession, but

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The Growing Probability of Institutional Involvement in Spot Bitcoin ETFs

Spot Bitcoin ETFs: A Game-Changer for Institutional Investors Cathie Wood, the CEO of Ark Investment Management, believes that spot bitcoin exchange-traded funds (ETFs) will soon witness significant institutional involvement. Wood's optimism is based on her expectation of the U.S. Securities and Exchange Commission (SEC) approving these ETFs. In a recent interview with Yahoo Finance, Wood

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Tether CEO Paolo Ardoino Celebrates USDT’s $91.5B Market Cap: ‘Tether Evolved’

Tether's Growth and Market Cap Tether CEO Paolo Ardoino recently reflected on the growth of the company and celebrated its current standing. Tether's USDT stablecoin has achieved a remarkable $91.5 billion market cap across multiple blockchains. Additionally, the company holds $4 billion in excess reserves and has made strategic investments in mining, energy, and artificial

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Former Monero Lead Maintainer Calls on Binance to Take a Stance on Privacy Coin Issue

Ricardo Spagni Urges Binance to Support Privacy Coins Ricardo Spagni, the former lead maintainer of Monero, one of the most widely used privacy coins in the cryptocurrency market, is urging Binance to take a stance on the issue of privacy coins. Spagni believes that Binance's neutrality is doing a disservice to the entire industry and

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Bitcoin ETF Approval and Nigeria’s Crypto Stance to Drive African Industry Revival

Nigeria's New Stance on Crypto Bodes Well for Africa After a challenging start to the year for the African crypto and blockchain industry, there is renewed optimism as we head into 2024. Nigeria, in particular, stands out as a country with a more favorable outlook. Since the appointment of Olayemi Cardoso as the new governor

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