Bitcoin's Soaring Value and the Lagging Performance of Other Cryptocurrencies Bitcoin's value has recently reached its highest level in 20 months, reminiscent of its peak on April 6, 2022. This surge in the premier cryptocurrency's value has also benefited many other digital assets in the crypto market. However, while several of these cryptocurrencies have experienced […]
Insights into the Factors Behind the Recent Surge Yiannis Giokas, a senior director with Moody's Analytics, has provided insights into the factors behind the recent surge in bitcoin's price, highlighting the anticipated approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). Moody's Analytics, a subsidiary of Moody's Corp., focuses
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The Indian government has revealed that 28 crypto service providers are currently registered with the country's Financial Intelligence Unit. Furthermore, the Ministry of Finance has clarified that the anti-money laundering guidelines and reporting requirements apply to offshore cryptocurrency exchanges servicing the Indian market. Registration of Crypto Service Providers India's Ministry of Finance answered some crypto-related
On Saturday, December 2, 2023, the cryptocurrency market experienced a positive trajectory, with a 1.91% increase, bringing the total market value to $1.48 trillion. The standout performer was bitcoin, which reached a peak of $39,705, the highest value it has achieved since late April 2022. Cryptocurrency Market Sees 2% Growth, Reaches $1.48 Trillion Valuation The
Bitcoin Surges Past $39K, Reaches Highest Value in 19 Months Read More »
El Salvador's national Bitcoin treasury is showing promising results, according to the latest data from NayibTracker.com. The website closely monitors the performance of President Nayib Bukele's decision to invest in Bitcoin in 2021, tracking the time and date of purchases made by Bukele. A Profitable Investment The data reveals that the total investment of $127
El Salvador’s Bitcoin Investment Shows Positive Returns, Tracking Website Reveals Read More »
Bitcoin's Price Movements on December 4, 2023 On December 4, 2023, the price of bitcoin experienced significant fluctuations, trading between $39,409 and $42,155 throughout the day. Notably, the cryptocurrency briefly surpassed the $42K mark, reaching a height not seen since the Terra LUNA crash. As of the time of writing, bitcoin is trading at $41,556
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As ethereum reaches a significant price of $2,250, its movement within a 24-hour range of $2,151 to $2,271 reflects strong activity in the crypto market. With a substantial trade volume of $26.82 billion and a market capitalization of $269 billion, ether demonstrates its continued and dynamic presence in the digital currency landscape. Ethereum's Current Oscillators
Ethereum Technical Analysis: ETH’s Strong Averages Clash With Oscillator Signals Read More »
Introduction Altify, a new alternative investment platform, has been launched in South Africa through a collaboration between two local crypto exchange platforms, Revix and Bitfund, and an Austria-based digital asset platform. The aim of Altify is to provide South African investors, especially the younger ones, with access to alternative investment opportunities that were traditionally reserved
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The Importance of SOC2 Attestation Reports Institutional investors looking to earn rewards from digital asset token staking need to be aware of the associated risks and take steps to protect their clients. Andrew McFarlane, the CTO at Validation Cloud, a Web3 infrastructure company, emphasizes that slashing is one particular risk that asset managers must be
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Self-Directed gold IRAs are great because they let you put money into precious metals, without having to deal with any middlemen. These accounts are so easy that even your grandma could do it! If you purchase physical silver, gold palladium, platinum, Rhodium bars, coins, rounds and bullion, you will receive immediate liquidity. If you’re looking
Are Gold IRA Investments Taxable? Read More »