Author name: Peter

Introduction Gold mining has a long history, with its allure and value established over centuries. However, the environmental consequences of gold mining are often overlooked. In recent times, Bitcoin has emerged as a potential alternative store of value, with its proponents arguing for its environmental superiority. This article aims to explore the environmental impact of […]

Bitcoin's Consolidation on 1-Hour Chart Bitcoin's 1-hour chart shows a period of consolidation, with BTC's price movements lacking clear direction compared to longer timeframes. However, there was a notable drop to around $42,056, possibly indicating a purge of stop-loss orders or a brief panic sell-off following the approval of the spot bitcoin exchange-traded fund (ETF).

A senior analyst specializing in digital assets at global asset management firm Alliance Bernstein has advised investors to take advantage of the recent bitcoin dip and shift their focus towards the new bitcoin adoption cycle. This recommendation comes after the U.S. Securities and Exchange Commission (SEC) approved spot bitcoin exchange-traded funds (ETFs). Buy the Bitcoin

Introduction In the past 100 days, South Korea has witnessed a significant surge in crypto trading activity. The country's leading crypto exchanges, Upbit and Bithumb, have reported their highest trading volumes during the first week of January 2024. Interestingly, the most popular coins traded in South Korea differ from the leading pairs on global platforms

Introduction The approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) has raised eyebrows and sparked discussions. In a recent interview, SEC Chairman Gary Gensler pointed out the irony behind these approvals, emphasizing the shift towards centralization in a decentralized system. He also highlighted the risks associated with investing