crypto ira

Director of Digital Assets Strategy at Vaneck Calls SEC’s Cash-Only Requirement for Bitcoin ETFs “Nonsense”

Spot Bitcoin ETFs Shouldn't Be Restricted to Cash Only, Says Vaneck Director Gabor Gurbacs, the Director of Digital Assets Strategy at asset management firm Vaneck, has criticized the U.S. Securities and Exchange Commission (SEC) for requiring spot Bitcoin exchange-traded fund (ETF) issuers to use the cash creation method instead of the in-kind model for their […]

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US Financial Services Platform Sofi Announces Exit From Crypto Market

Sofi Stops Offering Crypto Services Starting Dec. 19, the financial services platform Sofi will cease providing cryptocurrency services to its customers. The decision was made due to increased scrutiny of the crypto sector by banking regulators. Sofi has provided instructions on how customers can transition their accounts to Blockchain.com during this period. No New Accounts

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Alchemy Pay Partners with Worldpay to Enhance Crypto Payment Services

Alchemy Pay, the leading fiat-crypto payment gateway, has recently announced its partnership with Worldpay, a renowned payment processor. This collaboration aims to provide Alchemy Pay's users with access to Worldpay's Visa and Mastercard payment rails through its on and off-ramp service. By leveraging Worldpay's extensive global reach, Alchemy Pay aims to enhance the efficiency and

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Altcoin Fortunes Declined When Paired Against BTC in 2023 Despite Crypto Market Surge

Over the past year, bitcoin has surged by 153%, with numerous other digital currencies also seeing substantial increases. However, when assessing the top cryptocurrencies in relation to bitcoin's performance, the annual shifts present a distinctly varied perspective. 2023 Sees Altcoins Lag Behind Bitcoin's Rally Despite Overall Market Boom The landscape of top cryptocurrencies has significantly

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Bitcoin Technical Analysis: Understanding BTC’s Market Forces

Bitcoin's current price is steady, ranging between $42,750 and $42,964, with fluctuations observed throughout the day between $41,820 and $43,192. Despite these fluctuations, the market capitalization remains strong at $841 billion, with a 24-hour trade volume of $25.32 billion. Oscillators currently indicate a neutral stance, while moving averages suggest a cautious optimism amidst the complexities

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Converting Roth IRA To Gold | How To Convert Roth IRA To Gold

Self-DirectedGold IRAs are fantastic because they allow you to make investments in gold and other precious metals without needing to engage any middlemen. These accounts are so easy that even your grandmother could set it up! If you purchase physical silver, gold palladium, platinum, rhodium coins, bars, rounds, and bullion, you will receive immediate liquidity.

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The Nigerian Naira Hits Record Low Against the US Dollar, Central Bank Governor Predicts Stabilization in 2024

Record Low Exchange Rate and Recovery The official exchange rate of the Nigerian currency, the naira, recently hit a record low of 1,248 naira for every U.S. dollar. However, it recovered slightly to close the day at 845 naira for every greenback. This plunge in the exchange rate almost matched the rates offered on the

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Coinbase Receives Approval as Registered Virtual Asset Service Provider in France

Coinbase Registered in France Cryptocurrency exchange Coinbase (Nasdaq: COIN) announced on Thursday that it has obtained a virtual asset service provider (VASP) registration in France. The company shared the news on the social media platform X, stating, "Bonjour la France. We've received approval in France as a registered VASP. This is an important market for

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Arthur Hayes Believes ETFs Might Cause the Demise of Bitcoin

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

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Solana’s SOL Token Surpasses $100 Mark, Showing Impressive Growth

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

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