Introduction In 2023, the demand for gold reached its highest level ever recorded at 4,899t. The growing interest in owning gold is not surprising, as gold has proven to be a reliable asset for preserving portfolios during times of economic, geopolitical, and financial turmoil. In today's uncertain times, this attribute of gold is particularly valuable. […]
Gold: A Sustainable Investment Read More »
Paradigm Backs Kalshi Against CFTC in Legal Dispute Investment firm Paradigm has come forward to support prediction market platform Kalshi in its ongoing legal battle with the Commodity Futures Trading Commission (CFTC). The dispute revolves around the CFTC's rejection of Kalshi's proposed market, which would enable participants to speculate on the outcome of U.S. Congressional
Introduction The launch of Taproot Wizards' Quantum Cats non-fungible token (NFT) series has led to a surge in secondary market activity, with significant trading volume and a remarkable increase in the collection's minimum value. Initially priced at 0.1 bitcoin each, the lowest value of Quantum Cats NFTs now stands at around 0.303 bitcoin or $13,062
Quantum Cats NFT Collection Surges in Value and Dominates Secondary Market Trade Volume Read More »
Microstrategy Now Holds 190,000 Bitcoins Nasdaq-listed Microstrategy has significantly increased its cryptocurrency holdings, now owning a total of 190,000 bitcoins. This includes the acquisition of an additional 31,755 bitcoins since the end of the third quarter. With this development, Microstrategy proudly proclaims itself as the "world's first Bitcoin development company," offering a unique value proposition
Self-Directed gold IRAs are great as they let you place your money in the precious metals, without having to deal with any middlemen. Actually, these accounts are so simple that your grandmother could manage it! When you buy physical silver, gold palladium, platinum, bar, rounds and bullion, you get immediate liquidity. But if you want
Becoming a Millionaire: Roth IRA vs 401K (What makes the MOST PROFIT) Read More »
The Impact of Blockchain Demand on Bitcoin Miners Bitcoin miners have faced exceptional operating conditions in recent months due to the intense demand on Bitcoin's blockchain. The Ordinals protocol, enabling users to inscribe unique data on bitcoin denominations, has contributed to this demand. Consequently, miners have been processing numerous transactions on the blockchain, leading to
The Future of Bitcoin Mining: Challenges and Opportunities Ahead Read More »
The United States Securities and Exchange Commission (SEC) has once again postponed its ruling on the proposed Invesco Galaxy ether exchange-traded fund (ETF). The decision has now been pushed to potentially July 2024 after the SEC opened the proposal to public comments. Background The delay affects the application by investment giants Invesco and Galaxy Digital,
SEC Delays Decision on Invesco Galaxy Ether ETF Read More »
Bitcoin Network's Average Transfer Fee in 2024 Recent data analysis spanning the last 36 days indicates that the average transfer fee on the Bitcoin network has consistently remained above $3.68. Even for median-sized transactions, the costs have not gone below the $1.67 threshold. As of February 6, 2024, there is a significant backlog of 221,799
Onchain Bitcoin Fees in 2024: A Closer Look at Transaction Costs and Delays Read More »
The chief of South Korea's financial watchdog is planning a visit to the United States to engage in discussions with Gary Gensler, the Chairman of the U.S. Securities and Exchange Commission (SEC), about crypto regulation. The main focus of the discussions will be on the SEC's recent approval of spot bitcoin exchange-traded funds (ETFs). The
South Korea’s FSS Governor to Discuss Crypto Regulation with SEC Chair Gary Gensler Read More »
Blackrock's IBIT and Fidelity's FBTC Hold Nearly 75% of Bitcoin Reserves In recent reports, it has been revealed that several spot bitcoin exchange-traded funds (ETFs) have significantly increased their bitcoin holdings. These ETFs, including Blackrock's IBIT and Fidelity's FBTC, have amassed a substantial amount of BTC since their launch on January 11, 2024, with the
Bitcoin Holdings of Spot ETFs Surge as Blackrock and Fidelity Lead the Way Read More »