Author name: Peter

Glassnode Study Reveals Bitcoin Supply Less Liquid Despite Market Gains

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Bitcoin's Scarcity Defies Price Rally, as per Glassnode Study A recent study conducted by Glassnode on onchain activities shows that the scarcity of the bitcoin supply has tightened, despite the significant increase in bitcoin's value this year. The study highlights that the inactivity of coins has reached both multi-year and unprecedented peaks. Reflecting on the […]

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CBDCs: The Future of the Financial System, According to BIS Chief

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Introduction In a recent speech in Basel, Switzerland, Agustín Carstens, the chief of the Bank for International Settlements (BIS), emphasized the significance of central bank digital currencies (CBDCs) in shaping the future financial system. Carstens believes that CBDCs will bring innovation and meet public expectations, despite the challenges they may face. This article will delve

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Microstrategy Chairman Expects Bitcoin Demand to Double After Halving and Spot Bitcoin ETF Approvals

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Microstrategy Chairman's Positive Outlook on Bitcoin Microstrategy Chairman Michael Saylor is optimistic about the future of bitcoin, expecting its demand to double after the halving event and the approvals of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). In an interview with Fox Business, Saylor highlighted three key factors that

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Economist Nouriel Roubini’s Firm Announces Climate-Focused Crypto Token

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Introduction Critics are currently roasting economist Nouriel Roubini, known as 'Dr. Doom' for his skepticism towards cryptocurrency. Despite his previous disdain for the digital assets, Roubini's company, Atlas Capital, has revealed its venture into the crypto market. The firm is introducing a crypto asset token called atlas (ACT) that aims to combat the negative effects

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Monetary Gold Reviews: A Comprehensive Overview of the Precious Metal IRA Company

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A Brief Introduction to Monetary Gold Monetary Gold, a reputable precious metals dealer, offers a unique opportunity for investors to buy, sell, and invest in silver and gold. Since its establishment in 2000, the company has distinguished itself by working directly with precious metal dealers, enabling it to provide competitive pricing and make the process

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SwissGold Crypto AG Launches Gold-Backed NFTs for Wealth Preservation

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Introduction SwissGold Crypto AG, a Swiss-regulated crypto issuer, has introduced an innovative solution to address the challenge of wealth preservation during times of inflation and uncertainty. The company is offering gold-backed non-fungible tokens (NFTs) as a means to protect wealth. The Enduring Stability of Gold Gold has been a trusted wealth preserver for centuries due

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Coinbase Reports Q3 Profit Despite Crypto Market Slump

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Overview In the third quarter, Coinbase exceeded expectations by recording favorable net income and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA), despite the extended crypto market slump. The publicly-traded cryptocurrency exchange disclosed a net income of $2 million and an adjusted EBITDA of $181 million for the quarter ending on September 30, 2023.

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Stablecoin Market Sees Significant Growth in October Despite Supply Changes

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Introduction The stablecoin market experienced a notable increase in October, with a total of $608 million added to the fiat-pegged token market. However, despite the overall growth, six out of the top ten stablecoins saw reductions in their supply during the month. Growth of Fiat-Pegged Token Market In October, the fiat-pegged token market experienced modest

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