crypto ira

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

Self-DirectedGold IRAs are fantastic as they allow you to make investments in gold and other precious metals without having to work with middlemen. Actually, these accounts are so easy that even your grandmother could set it up! If you purchase physical gold, silver, palladium, platinum, rhodium coins, bars, rounds, and bullion, you’ll get instant liquidity.

In the wake of Bitcoin's 15th anniversary, the cryptocurrency giant faces a challenging market landscape as its price experienced a 6.7% dip, ranging between $42,350 and $42,619. These fluctuations occurred amid swirling rumors of spot Bitcoin exchange-traded fund (ETF) rejections. Bitcoin Price Analysis Over the past day, Bitcoin's price fluctuated between $41,804 and $45,813, with

Radiant Capital Falls Victim to Flash Loan Attack Radiant Capital, a decentralized finance (defi) platform, confirmed on January 3, 2023, that it has suffered an attack resulting in the loss of approximately $4.5 million worth of digital assets. The attack caused the protocol to accumulate bad debt in the WETH market, accounting for about 1.3%

The Comparison Between Bitcoin and Gold Many commentators compare Bitcoin with gold, suggesting that Bitcoin's finite supply makes it an attractive long-term store of value. Gold has historically been widely adopted as a currency, with examples such as the British Empire's sovereign and half-sovereign. However, it's important to note that the adoption of gold currencies

Introduction The Klaytn Foundation, a dedicated organization that aims to expand the Klaytn ecosystem, has revealed that Creder, one of its governance council members, will introduce a tokenized gold offering known as Gold Pegged Coin (GPC) in January. Creder will also launch Goldstation, a decentralized finance platform designed to convert physical gold into GPC tokens.

Introduction Eleven spot bitcoin exchange-traded funds (ETFs) are edging closer to receiving approval from the U.S. Securities and Exchange Commission (SEC). The SEC has received proposed rule changes to list and trade all 11 spot bitcoin ETFs on stock exchanges. According to an ETF analyst, the approval process is almost complete, with the securities regulator

All eyes on the Federal Reserve This year, just like last year, market observers are eagerly awaiting decisions from the U.S. Federal Reserve regarding the federal funds rate. The focus is particularly on the potential rate cuts that may happen this year. According to Ellen Zentner, Morgan Stanley's lead economist in the U.S., rate reductions