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 […]
Blackrock's Ethereum ETF Plan Blackrock Inc., the world's largest asset manager, is making significant strides in the cryptocurrency investment space. The company, through its subsidiary Ishares Delaware Trust Sponsor LLC, has filed a 19b-4 form with the U.S. Securities and Exchange Commission (SEC) to list shares of the Ishares Ethereum Trust on the Nasdaq. This
Blackrock Files to Launch Ethereum Trust ETF on Nasdaq, Eyes Spot Crypto Market Entry Read More »
Bitcoin's Price Consolidates as Positive Momentum Slows Bitcoin, the world's largest cryptocurrency by market capitalization, has managed to hold above the $35,000 level despite a slowdown in positive momentum over the past week. On November 8, BTC closed at $35,369, showing signs of stability in the face of market fluctuations. Global Markets Await Remarks from
Bitcoin Technical Analysis: BTC Price Holds Above $35,000 But Momentum Slows Read More »
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
Glassnode Study Reveals Bitcoin Supply Less Liquid Despite Market Gains Read More »
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
CBDCs: The Future of the Financial System, According to BIS Chief Read More »
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
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
Economist Nouriel Roubini’s Firm Announces Climate-Focused Crypto Token Read More »
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
Monetary Gold Reviews: A Comprehensive Overview of the Precious Metal IRA Company Read More »
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
SwissGold Crypto AG Launches Gold-Backed NFTs for Wealth Preservation Read More »
Increased Activity in NFT Sales Between October 29 and November 5, 2023, sales of non-fungible tokens (NFTs) experienced a significant increase of 18.30% compared to the previous week, reaching an impressive total of $106.32 million. This surge in NFT sales indicates a growing interest and participation in the NFT market, with both buyers and sellers
The Rise of NFT Sales: A Look at the Latest Statistics Read More »