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Bitcoin Technical Analysis: BTC’s Subdued Start to the Week Amid US Market Closures

Bitcoin's Trading Range and Price Movements On Monday, trading activities in the Bitcoin market are expected to be subdued due to the observance of Martin Luther King Jr. Day, resulting in the closure of the U.S. bond market, Nasdaq, and the New York Stock Exchange (NYSE). Over the past hour, Bitcoin has been trading within […]

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Egyptian Fintech Startup Zeal Secures $4 Million to Expand into New Markets

Introduction Egyptian fintech startup Zeal has recently announced that it has raised $4 million in funding to support its expansion into the European, Middle Eastern, and African markets. The funding round was led by venture capital firms Raed Ventures and Cur8 Capital, with the participation of several angel investors. This capital raise will enable Zeal

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Thai Securities and Exchange Commission Eases Restrictions on Digital Asset Investments

The Thai Securities and Exchange Commission (SEC) has recently announced the removal of investment restrictions on retail investors who are interested in real estate-based digital tokens. In a bid to strike a balance between protecting investors and promoting innovation, the SEC has updated its criteria for investing in digital tokens, ensuring that investors receive adequate

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Bitcoin vs. Real Estate: The Better Store Of Value In Times Of Conflict

Introduction We live in a highly digitalized world, but physical goods still dominate as a means of storing value. Real estate, in particular, is the most widely used store of value, accounting for approximately 67% of global wealth. However, recent macroeconomic and geopolitical challenges have shed light on the vulnerabilities of real estate as a

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Onchain Bitcoin Fees in 2024: A Closer Look at Transaction Costs and Delays

Bitcoin Network's Average Transfer Fee in 2024 Data collected over the past 36 days reveals that the average transfer fee on the Bitcoin network has consistently been above $3.68. Even for median-sized transactions, the costs have not dropped below the $1.67 mark. As of February 6, 2024, there is a significant backlog of 221,799 transactions

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Bitcoin Emerges as Preferred Investment Over Gold, Asserts Cathie Wood

Investors Favor Bitcoin over Gold, Says Cathie Wood ARK Invest's CEO, Cathie Wood, has observed a notable shift in investment preferences, with a growing number of investors favoring bitcoin over traditional gold investments. This trend has become more prominent with the introduction of spot bitcoin ETFs, which have made it easier for investors to access

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Microstrategy Raises Bitcoin Holdings to 190K BTC — Calls Itself ‘World’s First Bitcoin Development Company’

Microstrategy Now Holds 190,000 Bitcoins Nasdaq-listed Microstrategy, a publicly-traded operating company, has further increased its cryptocurrency holdings to 190,000 bitcoins. This marks an acquisition of an additional 31,755 bitcoins since the end of the third quarter. The company's commitment to the continued development of the Bitcoin network has led it to describe itself as "the

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