The Surge in Transaction Costs Over the past three weeks, the transaction costs for bitcoin (BTC) and ethereum (ETH) have experienced a sharp increase. Just three days ago, the cost of transferring bitcoin reached a peak of $15 per transaction. Similarly, the average fee for ethereum transactions has soared by 219% from $2.08 to $6.64 […]
The Rising Cost of Transferring Ether (ETH) and Bitcoin (BTC) Read More »
Bithumb's Potential IPO Strategy to Surpass Upbit's Market Supremacy Bithumb, a prominent cryptocurrency exchange in South Korea, is reportedly considering a public listing on Kosdaq in 2025, according to local reports. Insider information suggests that the exchange is also contemplating a future transition to the Korea Exchange (KOSPI) platform. As per South Korean news outlet
Bithumb Considering Public Listing on Kosdaq in 2025: Insider Reports Read More »
Moody’s Revises US Credit Outlook to 'Negative' The credit agency Moody’s has downgraded the United States credit outlook from 'stable' to 'negative'. This decision comes as a result of concerns over persistent large fiscal deficits and diminishing debt affordability. Moody's revision follows a previous downgrade by Fitch and reflects ongoing apprehension among investors regarding federal
Moody’s Downgrades US Credit Rating to ‘Negative’ on Fiscal Deficits and Debt Concerns Read More »
Solana (SOL) has been the talk of the crypto community this weekend, as its value against the U.S. dollar has experienced a remarkable surge. Within the past 24 hours, SOL has gained 11%, and over the course of the week, it has seen an impressive 45.2% increase, propelling it to become the sixth largest asset
Solana’s Rally Surges 184% in 30 Days as $19M in SOL Shorts Liquidate in 24 Hours Read More »
Robert Kiyosaki, the author of the best-selling book Rich Dad Poor Dad, has opened up about his continued investments in gold, silver, and bitcoin. He emphasized that these three investment types offer lifelong financial security and freedom, attributing his decision to the desire for more war and poverty by world leaders. Kiyosaki has recently made
Rich Dad Poor Dad Author Robert Kiyosaki Reveals Why He Keeps Buying Bitcoin Read More »
In today's competitive digital world, technical analysis is often dismissed as nothing more than astrology for men. However, this misconception couldn't be further from the truth. To shed light on the true value of technical analysis, I had the privilege of speaking with chart expert Patrick Karim. Through our conversation, Patrick eloquently explained the intricacies
Patrick Karim, Charts and Gold’s Next Breakout Read More »
Dispelling Rumors and Rejecting Cash Shortage Reports The Central Bank of Nigeria (CBN) has dismissed rumors suggesting that the previously demonetized naira banknotes are no longer legal tender. In a statement issued on November 8th, the bank emphasized that all banknotes issued by the CBN remain legal tender and should not be rejected by anyone.
Grayscale Investments' CEO Optimistic About Bitcoin ETF Conversion Grayscale Investments, a leading crypto asset manager, is actively working with the U.S. Securities and Exchange Commission (SEC) to convert its flagship bitcoin trust into a spot bitcoin exchange-traded fund (ETF). CEO Michael Sonnenshein believes that Grayscale has a significant advantage over other spot bitcoin ETF applicants.
Grayscale Investments Engages with SEC on Bitcoin ETF Application Read More »
UBS Group AG Expands Offerings in Hong Kong UBS Group AG, a leading Swiss financial services giant, has recently announced that it will be providing wealthy clients in Hong Kong with the opportunity to trade three crypto exchange-traded funds (ETFs). This move comes as UBS aims to meet the growing demand for digital assets among
UBS Offers Wealthy Clients Access to Crypto ETFs in Hong Kong Read More »
Bitcoin Futures Open Interest Soars to $4.06 Billion at CME Group The financial industry is closely monitoring the progress of several spot bitcoin (BTC) exchange-traded funds (ETFs) that are awaiting regulatory approval. Investors are increasingly convinced of the institutional appeal of this cryptocurrency. During the Q3 earnings call of Galaxy Digital, Mike Novogratz emphasized this
CME Group Surpasses Binance in Bitcoin Futures Open Interest as Market Gains Momentum Read More »