Introduction Arthur Hayes, former CEO of Bitmex and cryptocurrency market analyst, has raised concerns about the potential impact of an upcoming spot bitcoin ETF on the future of bitcoin. Hayes suggests that the popularity of these ETF derivatives could lead to a concentration of bitcoin custody in the hands of a few entities, ultimately forcing […]
Arthur Hayes Believes ETFs Might Cause the Demise of Bitcoin Read More »
Pressure Mounts on Milei to Dollarize Argentina's Foreign Minister, Diana Mondino, has announced that financial contracts in the country can now be denominated in Bitcoin. This move comes as President Javier Milei faces mounting pressure to fulfill his campaign promise of dollarizing the economy and abolishing the central bank. Expanding Medium of Exchange According to
Argentina Allows Financial Contracts to be Denominated in Bitcoin Read More »
Bitcoin Options Open Interest Hits Record Peak Bitcoin options open interest has reached a historic high, surpassing $18 billion on December 22, 2023. Traders are increasingly using bitcoin options to manage risk and speculate on the future price movements of bitcoin. This surge in interest comes as the market eagerly awaits the Securities and Exchange
Analysts Predict Sky-High Bitcoin Prices in 2024 As 2023 comes to an end, bitcoin has seen a remarkable 165% increase since January, leading to a surge in predictions for the cryptocurrency's value in 2024. Markus Thielen, the head of Matrixport's research division, expects the approval of a spot bitcoin exchange-traded fund (ETF) in January, which
Bitcoin Price Predictions Soar as 2024 Approaches Read More »
Self-DirectedGold IRAs are great as they allow you to make investments in gold and other precious metals and not have to deal with any middlemen. Actually, these accounts are so simple that even your grandmother could manage it! When you purchase physical gold, silver platinum, palladium, and rhodium coins, bars, rounds and bullion, you get
Investing Money Into a Gold & Silver IRA? (Pros & Cons) Read More »
Solana's Market Triumph On Saturday, Solana's token, SOL, reached a significant milestone by surpassing the $100 mark against the U.S. dollar. This achievement comes after a week of remarkable growth, with SOL's value increasing by over 36%. Investor sentiment towards SOL has remained overwhelmingly positive throughout the year, and the recent conviction of ex-FTX chief
Solana’s SOL Token Surpasses $100 Mark, Showing Impressive Growth Read More »
The Bitmap Theory initiative, launched just last summer, is quickly gaining momentum. Its goal is to integrate a digital realm, commonly known as the metaverse, within the Bitcoin blockchain. Through the innovative use of Ordinal inscription technology, Bitmap allows individuals to claim ownership of segments of the Bitcoin blockchain. Currently, Bitmap has a market capitalization
Revolutionizing the American Shopping Experience Satsback Labs, the company behind the successful European Bitcoin-back shopping rewards platform, Satsback.com, is expanding its services to the United States market, as announced in a recent press release shared with Bitcoin Magazine. With a strong network of over 500 online partners already in place, Satsback.com aims to transform how
Bitcoin Back Rewards Platform Satsback Launches in the United States for Online Shoppers Read More »
Introduction Paxos, the tokenization and stablecoin platform, has announced its plans to expand its stablecoin issuance to the Solana blockchain. The company, which currently oversees the pax dollar (USDP), expects to make Solana-issued USDP publicly available starting January 17, 2024. Paxos Expands to Solana Paxos recently revealed that its venture into Solana represents its first
Paxos to Launch Stablecoin on Solana, Expanding USDP Reach in Crypto Market Read More »
Market Cap Set to Double, Predicts Bitfinex Bitfinex market strategists are expressing optimism for bitcoin (BTC) and crypto assets as 2024 approaches. Despite regulatory and reputational challenges, these analysts believe that the crypto market is resilient and will witness an upward trajectory, potentially doubling its market capitalization. According to the latest Bitfinex Alpha report, the
Bitfinex Analysts Optimistic About Bitcoin and Crypto Assets in 2024 Read More »