crypto ira

President Nayib Bukele Wins Reelection with Overwhelming Support Nayib Bukele, the current president of El Salvador, has been reelected in a landslide victory in the recent presidential election. Bukele, who played a crucial role in making bitcoin legal tender in the country, secured an impressive 85% of the popular vote. Bitcoin Advocate Nayib Bukele Secures […]

Rising Demand for Gold in China Chinese investors are turning to gold as a lucrative investment option due to the underperformance of traditional stocks and property. In 2023, China recorded the highest demand for gold, both for jewelry and investment purposes, according to the World Gold Council (WGC). This surge in demand, along with the

The U.K. Metropolitan Police have reportedly seized more than 61,000 bitcoins from a massive Chinese investment fraud. A British citizen is accused of laundering bitcoin for a Chinese fugitive who allegedly stole roughly $6.4 billion from more than 128,000 investors. One of the Largest Cryptocurrency Seizures Globally The U.K. Metropolitan Police have seized more than

Over the past month, there has been a significant rise in the combined market capitalization of leading stablecoins, increasing from $131.71 billion to $136.56 billion. Tether (USDT) and USD Coin (USDC), the top two stablecoins, have witnessed notable expansions in their supplies, with increases of 4.8% and 7.2% respectively. The Growing Stablecoin Economy During the

On January 31, 2023, the U.S. Federal Reserve announced its decision to maintain the federal funds rate at its current level. The Federal Open Market Committee (FOMC) emphasized that it will not consider reducing the target range until it has a higher level of confidence in achieving the 2% inflation target. While the stock market

On Jan. 29, 2024, ethereum's price dynamics display a nuanced interplay of market elements. The current price of ether stands at $2,247, with a 24-hour range fluctuating between $2,246 and $2,284. Despite its substantial market capitalization of $270 billion, ether trading volume remains modest, hinting at possible investor wariness. Ethereum's Volatile Hourly Chart The hourly

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.