crypto ira

A Shift in Trading Volume BlackRock's spot Bitcoin ETF is currently surpassing the Grayscale Bitcoin Trust (GBTC) in terms of trading volume, according to Bloomberg ETF analyst James Seyffart. This marks the first time since its launch that BlackRock's ETF has outpaced GBTC in trading volume. Significance of the Shift This shift in trading volume

NFT Market Faces Sharp Decline In the span between Jan. 20 to Jan. 27, 2024, there was a notable decline in the sales volume stemming from non-fungible tokens (NFTs), plunging 21.25% from the week before. The leading blockchains in seven-day sales, Ethereum and Bitcoin, experienced substantial decreases, ranging from 28.78% to 12.62%, respectively. At the

Vanguard's Stance on Cryptocurrency Financial giant Vanguard has recently clarified why it does not offer spot bitcoin exchange-traded funds (ETFs) on its trading platform. In a blog post titled "No Bitcoin ETFs at Vanguard? Here's why," the firm emphasized that cryptocurrency is considered an immature asset class with little history, no inherent economic value, no

Self-Directed Gold IRAs are great because they allow you to invest in precious metals and not have to work with middlemen. In fact, these accounts are so easy that even your grandmother could set it up! When you buy physical gold, silver, palladium, platinum and Rhodium bars, coins, rounds, and bullion, you’ll get instant liquidity.

Enforcement actions by the U.S. Securities and Exchange Commission (SEC) in the crypto space saw a significant surge in 2023, witnessing a 50% increase compared to the previous year, according to a recent report. The SEC has made it clear that cryptocurrency-related enforcement remains a top priority, with a total of 46 enforcement actions taken

Avalanche Foundation Sets Criteria for Meme Coin Investments The Avalanche Foundation, a non-profit organization dedicated to supporting the avalanche ecosystem, has revealed the criteria for its active meme coin purchasing program. In order to be considered for this program, meme coin projects must meet specific requirements related to holder count, concentration, liquidity, liquidity providers, lifespan,

Introduction On January 23, Arkham, a firm specializing in onchain intelligence, made a significant announcement. They revealed the identification of four lists of connected addresses that are linked to four new spot bitcoin exchange-traded funds (ETFs). These addresses are reportedly associated with prominent fund managers, including Blackrock, Fidelity, Bitwise, and Franklin Templeton. Arkham's Identification of

Bitfarms Targets 21 EH/S Capacity With New Paraguay Facility On Wednesday, Bitfarms, a bitcoin mining enterprise listed on the U.S. stock market, announced the successful acquisition of a new site in Yguazu, Paraguay, for the development of a 100 megawatt (MW) mining facility. This strategic move is part of Bitfarms' ambitious plan to increase its

Introduction In a recent security alert, Trezor, the company behind the popular cryptocurrency hardware wallet, announced a breach in its support ticketing system. This breach has potentially exposed the personal contact information of over 66,000 customers, raising concerns about possible phishing attacks. The Security Breach On January 17th, 2024, Trezor detected unauthorized access to a

Grayscale's 4,000 Bitcoin Transfer Fuels Speculation In a recent development, it has been discovered through blockchain analytics that Grayscale's Bitcoin Trust, known as GBTC, has transferred 4,000 bitcoins with an approximate value of $175 million. This transfer has sparked speculation and raised questions about the motives behind it. Blackrock CEO Larry Fink Embraces Bitcoin Larry