crypto ira

The London Stock Exchange has made a significant announcement regarding the acceptance of applications for the admission of Bitcoin Crypto Exchange-Traded Notes (ETNs) starting from April 8, 2024. This decision comes after the Exchange's previous notice on March 11, where it expressed its intention to permit the trading of Crypto ETNs in the second quarter […]

Self-Directed Gold IRAs are great because they allow you to make investments in gold and other precious metals without needing to work with middlemen. Actually, these accounts are so simple that even your grandmother could set it up! If you purchase physical gold, silver, platinum, palladium, and bar, rounds, and bullion, you will receive immediate

MicroStrategy's CEO, Michael Saylor, faced challenges before successfully adding Bitcoin to the company's balance sheet in 2020. At the 2024 Abundance360 Summit, Saylor shared insights into how he navigated obstacles by offering to buy out MicroStrategy shareholders in a Dutch action as they embarked on acquiring $250 million worth of Bitcoin. Saylor's Strategic Offer to

Data, the New Liquid Commodity In the era of smartphones, data emerges as the most fluid commodity globally. Without rigorous precautions, every move, conversation, and interaction becomes quantifiable in the vast spectrum of information goods markets. These goods, existing as intangible data bits, can be conceived, produced, distributed, and consumed solely in digital form. The

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Ethiopia's Potential as a Bitcoin Mining Hub Ethiopia is quickly emerging as Africa's most promising bitcoin mining hub, with the potential to secure a significant share of the global hashrate. Recent attention from a Bloomberg article and the Ethiopian Government's announcement of a bitcoin mining investment have thrust the Ethiopian bitcoin mining sector into the

The U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has reiterated his previous warnings about the "non-compliance" in the crypto industry, referring to it as a global "Wild West." This warning comes as the demand for Bitcoin exchange-traded funds (ETFs) continues to rise, with Blackrock, a leading asset manager, announcing its plan to invest

Arthur Hayes Predicts Banks to Replace Tether and Other Stablecoin Companies Arthur Hayes, the former CEO of Bitmex and current CIO of Malestrom, an early-stage crypto-focused investment fund, has expressed his belief that major banks will eventually take over the stablecoin industry, which is currently dominated by Tether, the company behind USDT. During an interview

An Overview of NFT Sales in 2023 In 2023, the non-fungible token (NFT) market experienced a significant decline in sales compared to the previous year. According to recent statistics, NFT sales amounted to $8.70 billion, representing a 63.35% decrease from the $23.74 billion recorded in 2022. A Closer Look at the Numbers Despite the drop

Underestimating the Potential Vaneck's director of digital assets strategy, Gabor Gurbacs, believes that the long-term impact of spot bitcoin exchange-traded funds (ETFs) is often underestimated. He suggests that if the U.S. Securities and Exchange Commission (SEC) approves a spot bitcoin ETF, bitcoin's price trajectory could replicate gold's growth pattern from 2004 and beyond, but at