Ethereum's Market Capitalization and Trade Volume Ethereum (ETH) currently holds a market capitalization of $271 billion, making it a significant player in the crypto economy. With a 24-hour trade volume of approximately $17.54 billion, Ethereum's presence is undeniable. However, recent fluctuations in trade volumes and price range, which has been between $2,254 and $2,331 in […]
Bitget's Optimistic Forecast for Bitcoin and ORDI In a recently published prediction report, Bitget, a leading derivatives crypto exchange, has projected a bright future for the Bitcoin ecosystem. According to Bitget researchers, BTC has the potential to skyrocket to $100,000 in the next bull market, while the ORDI BRC20 token is expected to climb up
Georgetown Professor's Letter to SEC A finance professor at Georgetown University, James Angel, has written a letter to the U.S. Securities and Exchange Commission (SEC) regarding spot bitcoin exchange-traded funds (ETFs). Professor Angel specializes in the market structure and regulation of global financial markets and has urged the SEC to avoid micromanaging the creation/redemption process
Georgetown Professor Urges SEC to Let Spot Bitcoin ETFs Use In-Kind Creation Method Read More »
Introduction Lolli, a leading player in the bitcoin and cashback rewards sector, has announced the successful completion of an $8 million Series B funding round. The funding will allow Lolli to further improve and expand its cryptocurrency rewards market. New Funding Round and Investors The Series B funding round was led by Bitkraft Ventures and
Lolli Raises $8 Million in Series B Funding for Crypto Rewards Market Expansion Read More »
On Thursday, the Seychelles-based crypto exchange Bitget announced its decision to implement comprehensive Know Your Customer (KYC) policies across its platform. These new KYC requirements will come into effect on December 15, 2023. Bitget Introduces Mandatory KYC Procedures Bitget is updating its compliance with relevant financial regulations by introducing new KYC guidelines. The initial announcement
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FOMC Meeting Concludes with Rate Outlook The recent FOMC meeting held significant importance as it marked the final gathering of 2023. In the weeks leading up to the meeting, Federal Reserve officials maintained a flexible stance when questioned about the future direction of interest rates. Over the past few months, FOMC members have been repeatedly
Gold Jumps As FOMC Signals What’s To Come Read More »
Introduction Gold has been cherished as a precious metal since the early days of human civilization. Over the centuries, it has evolved from being used in decorative objects and jewelry to becoming a medium of exchange for global trade. Today, gold serves various purposes, including electronics and as a hedge against inflation. However, to ensure
How Is Gold Refined? A Comprehensive Guide Read More »
Introduction Matrixport's research team has observed a significant increase in U.S. money market fund deposits, doubling since the outbreak of Covid-19. This growth, they believe, bodes well for the continued expansion of the crypto asset market. Analysts anticipate that bitcoin will maintain its upward trajectory, regardless of whether a spot exchange-traded fund (ETF) is approved,
Matrixport Report: Crypto Market Poised for Growth Despite ETF Approval Read More »
Treasury Secretary Janet Yellen, in a recent interview with CNBC, shared her insights on the state of the US economy and the potential risks it faces. As the Federal Reserve maintains its current interest rates, Yellen highlighted the importance of managing two key risks: inflation not reaching the target and a weakened economy. Yellen's Perspective
Treasury Secretary Janet Yellen Discusses US Economy, Recession Risk, Soft Landing Read More »
Introduction Crypto asset manager Bitwise has recently released a report titled "The Year Ahead: 10 Crypto Predictions for 2024." The report outlines several key predictions for the crypto industry in the coming years. Bitwise, known for its crypto index fund BITW and a range of other investment products, expects significant growth in the value of
Bitwise Unveils 10 Crypto Predictions for 2024: Bitcoin Trading at $80,000 and More Read More »