Author name: Peter

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

crypto ira /

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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Alliance Bernstein Predicts Bitcoin Price to Reach $150,000 by 2025

crypto ira /

Introduction Global asset management firm Alliance Bernstein has made a bold prediction, stating that the price of bitcoin will reach $150,000 by 2025. This optimistic forecast is based on the firm's expectation of imminent approvals of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). Leading asset management companies like Blackrock

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The Crypto Economy Soars with $1.31 Trillion Market Value

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24 Cryptocurrencies Experience Explosive 24-Hour Growth The crypto economy is flourishing on November 2, 2023, with a market value of $1.31 trillion, showcasing a 2.88% increase in the past 24 hours. Bitcoin has crossed the $35,000 mark, demonstrating a 2.8% surge. Furthermore, this Wednesday has witnessed double-digit growth for a diverse range of two dozen

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The Bitcoin Halving Challenge: Test Your Bitcoin Market Prediction Skills and Win Big

crypto ira /

Introduction Bitcoin Magazine and Nitrobetting.eu have come together to present an exciting new contest called "The Bitcoin Halving Challenge." This innovative competition offers participants a unique opportunity to showcase their Bitcoin market prediction skills and potentially win a significant prize. About the Contest The Bitcoin Halving Challenge is open for registration from November 1, 2023,

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The Bankman-Fried Saga: Federal Prosecutor Accuses FTX CEO of Massive Fraud

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A Mountain of Lies In a recent closing argument, federal prosecutor Nicolas Roos accused Sam Bankman-Fried, the CEO of cryptocurrency exchange FTX, of stealing billions of dollars from customers and engaging in a series of deceptive actions to cover it up. According to Roos, Bankman-Fried's actions have left a trail of victims in their wake.

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JPMorgan Chase CEO Jamie Dimon Warns of Persistent Inflation and Expects More Fed Rate Hikes

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Jamie Dimon Shares Economic Outlook The CEO of JPMorgan Chase, Jamie Dimon, has expressed his concerns about inflation and the government's fiscal and monetary stimulus. In an interview with Yahoo Finance Live, Dimon discussed the U.S. economic outlook and his expectations for future interest rate hikes from the Federal Reserve (Fed). Government Stimulus and Inflation

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Paypal Secures FCA Registration for Crypto Asset Activities in the UK

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Paypal Receives FCA Approval The global payments giant, Paypal, has achieved registration with the Financial Conduct Authority (FCA) in the United Kingdom, as confirmed by the FCA's website on October 31. This regulatory milestone comes shortly after Paypal temporarily suspended crypto purchases within the UK, with plans to reinstate these services at the beginning of

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