Author name: Peter

Solana’s Rally Soars by 184% in 30 Days as $19M in SOL Shorts Liquidate in 24 Hours

Solana Emerges as Crypto Winner with a 45% Weekly Surge Solana (SOL) has taken the crypto market by storm with its impressive surge in value against the U.S. dollar. In the past 24 hours alone, SOL has gained 11%, and over the course of the week, it has skyrocketed by 45.2%, securing its position as

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Robert Kiyosaki Reveals Why He Continues to Invest in Bitcoin

Robert Kiyosaki's Ongoing Investments in Gold, Silver, and Bitcoin Robert Kiyosaki, the renowned author of the best-selling book Rich Dad Poor Dad, has recently shared the reasons behind his consistent investments in gold, silver, and bitcoin. Rich Dad Poor Dad, co-authored by Kiyosaki and Sharon Lechter in 1997, has remained on the New York Times

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Nigerian Central Bank Dismisses Rumors About Demonetized Naira Banknotes

All Banknotes Issued by the Central Bank of Nigeria (CBN) Remain Legal Tender The Nigerian Central Bank has recently clarified that the previously demonetized naira banknotes are still considered legal tender. In response to ongoing rumors suggesting otherwise, the bank emphasized that all banknotes issued by the CBN should not be rejected by anyone. CBN

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Grayscale Investments Engages with SEC on Bitcoin ETF Application

Grayscale Investments CEO Discusses Bitcoin ETF Conversion Grayscale Investments CEO Michael Sonnenshein recently spoke about the company's plan to convert its flagship bitcoin trust (GBTC) into a spot bitcoin exchange-traded fund (ETF). In an interview with Bloomberg at DC Fintech Week, Sonnenshein revealed that the company is engaging with the U.S. Securities and Exchange Commission

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UBS Offers Wealthy Clients Access to Crypto ETFs in Hong Kong

UBS Group AG Expands Crypto Services UBS, the Swiss financial services giant, has reportedly started offering wealthy clients in Hong Kong the opportunity to trade three crypto exchange-traded funds (ETFs). According to Bloomberg, the move comes after the Securities and Futures Commission (SFC) granted regulatory approval for these ETFs. Authorized Crypto ETFs Available The three

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Fed Chair Powell’s Hawkish Tone Rattles Markets as Inflation Concerns Persist

Federal Reserve Chair Jerome Powell's recent remarks have sparked a debate on the adequacy of current interest rates, adding to the uncertainty in the economic landscape. Despite strong gross domestic product growth, Powell's address revealed the Fed's firm position, as he expressed his lack of confidence in the effectiveness of their restrictive policies. Federal Reserve

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Bitcoin Soars to Become 11th Largest Global Asset, Nearing Berkshire Hathaway’s Valuation

The value of bitcoin (BTC) has skyrocketed, surging over 38% against the U.S. dollar in the past six months and marking a remarkable 125% increase year-to-date. As a result, bitcoin has climbed to become the eleventh-largest global asset, reaching a market capitalization that surpasses various assets including precious metals, exchange-traded funds (ETFs), and corporate valuations.

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Bitcoin, Ethereum Technical Analysis: Bullish Trends and Overbought Signals in BTC and ETH

Introduction As global equities experienced a slump following U.S. Federal Reserve chairman Jerome Powell's speech on Thursday, the crypto markets remained resilient, showcasing an overall market valuation of $1.4 trillion on Friday, November 10, 2023. Bitcoin and Ethereum Navigate Through Market Uncertainty Despite the drop in stocks after Powell's hawkish speech, the crypto economy continues

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