Recent market insights have revealed that on January 15, 2024, the stablecoin TUSD experienced a deviation from its usual $1 parity, dropping to $0.979 per coin the following day. However, by 10:00 a.m. Eastern Time (ET) on Tuesday, it managed to recover slightly, climbing above the $0.99 mark. TUSD's Fluctuations and Challenges TUSD has recently
TUSD Deviates from $1 Parity, Faces Unsteady Ground Read More »
Skybridge Capital founder Anthony Scaramucci predicts Bitcoin price surge Skybridge Capital founder Anthony Scaramucci has shared his optimistic outlook for the price of Bitcoin. He believes that if the cryptocurrency's price remains at its current level until the halving in April, Bitcoin could surpass $170,000 next year. Scaramucci's prediction is based on two key factors:
Skybridge Founder Expects Bitcoin to Surpass $170,000 Next Year Read More »
Today, we had the opportunity to speak with Gareth Soloway, one of our highly esteemed chart experts. In our previous conversation, gold had reached an all-time high, while silver remained relatively stagnant. Meanwhile, global economic uncertainties continued to ignite market volatility. We caught up with Gareth to discuss his insights on the future direction of
Gareth Soloway: The Next Breakout for Gold is Imminent Read More »
A Year of Resilience for USDC Amidst Market Shifts In 2023, USDC, the USD Coin, faced significant challenges including a notable decline in circulating supply. However, a recent report by Circle, the issuer of USDC, reveals that the stablecoin has demonstrated resilience by experiencing a surge in real-world applications and a decrease in speculative trading.
USDC: Navigating Challenges and Embracing Growth in 2023 Read More »
Introduction Egyptian fintech startup Zeal has recently announced that it raised $4 million in funding through a round led by venture capital firms Raed Ventures and Cur8 Capital. The funds will be utilized to support Zeal's expansion into the European, Middle Eastern, and African markets, as well as to enhance customer connections and revolutionize retail
Egyptian Fintech Startup Zeal Secures $4 Million to Expand into New Markets Read More »
Alchemy Pay: Global Fiat-Crypto Services Alchemy Pay has launched its fiat-crypto on-ramp payment services on Bitcoin.com’s web portal. The integration of Alchemy Pay's direct-to-customer plugin on the web portal allows for easy integration and deployment by web3 apps and platforms. This integration supports the purchase of various cryptocurrencies, including Bitcoin.com’s rewards and utility token VERSE.
Alchemy Pay Deploys on Bitcoin.com as Global On-Ramp Provider Read More »
Introduction In a recent interview, Rachel Aguirre, the head of product for Blackrock's Ishares U.S., discussed the significant inflows witnessed by the firm's new spot bitcoin exchange-traded fund (ETF), known as IBIT. Aguirre highlighted that the IBIT ETF has attracted a diverse group, including retail investors, self-directed investors, and those who were ready to invest
Blackrock’s Bitcoin ETF IBIT Ranks as Second Largest U.S. Spot Bitcoin ETF Read More »
Dencun Upgrade Triumphs on Goerli Testnet After Initial Delay The Ethereum network has achieved a significant milestone by successfully implementing the Dencun upgrade on its Goerli testnet. This upgrade is part of Ethereum's ongoing efforts to introduce cost-effective data storage solutions on its blockchain. Despite a brief four-hour delay caused by a technical glitch, the
Ethereum’s Dencun Upgrade Launches Successfully on Goerli Testnet Read More »
Bitcoin ETFs Overtake Silver ETFs in the United States Bitcoin exchange-traded funds (ETFs) have surpassed silver ETFs in the United States, securing their position as the second-largest ETF commodity in terms of assets under management (AUM). This remarkable milestone indicates the growing acceptance of Bitcoin as a mainstream investment vehicle. Increasing Demand from Institutional and
Bitcoin Surpasses Silver To Become Second Largest ETF Commodity In The US Read More »
Major Bitcoin Outflows from Grayscale's GBTC Grayscale's exchange-traded fund, GBTC, has experienced a significant decrease in its bitcoin holdings. The company reported a reduction of 13,793.09 BTC, valued at approximately $571 million. This marks another decline in reserves following recent withdrawals from Grayscale's assets. Records show that as of January 14, 2024, Grayscale's Bitcoin Trust
Grayscale’s GBTC Reports Significant Bitcoin Outflows Amid ETF Competition Read More »