The Immaturity of Cryptocurrency as an Asset Class Financial giant Vanguard has recently shed light on its decision not to make spot bitcoin exchange-traded funds (ETFs) available on its trading platform. In a blog post titled "No Bitcoin ETFs at Vanguard? Here's why," Vanguard emphasized that cryptocurrency is still an immature asset class with limited […]
Why Vanguard Does Not Offer Spot Bitcoin ETFs: Explained Read More »
In the aftermath of a significant 11-day period where spot bitcoin exchange-traded funds (ETFs) in the United States accumulated a total trading volume of $25.36 billion, speculations have arisen regarding the potential involvement of Charles Schwab, the American multinational financial services corporation. According to Eric Balchunas, Bloomberg's lead ETF analyst, it would be unwise to
Is Charles Schwab Gearing Up to Enter the Spot Bitcoin ETF Race? Read More »
JPMorgan's Analysis on Bitcoin JPMorgan, a global investment bank, has stated that the downward pressure on Bitcoin caused by profit-taking from Grayscale's bitcoin trust (GBTC) has mostly occurred. The bank's analyst explains that this indicates that the negative impact on Bitcoin from this source is likely to be diminishing. JPMorgan's Bitcoin Price Forecast JPMorgan once
JPMorgan Predicts Relief for Bitcoin as Grayscale Profit-Taking Subsides Read More »
SEC Prioritizes Crypto Enforcement The U.S. Securities and Exchange Commission (SEC) experienced a significant surge in crypto-related enforcement actions in 2023, surpassing the previous year by over 50%, according to a recent report. The SEC considers cryptocurrency-related enforcement as one of its top priorities and has initiated 46 enforcement actions against various participants in the
SEC Crypto Enforcement Reached New High in 2023 Read More »
Self-Directed Gold IRAs are great as they let you put money into precious metals without needing to work with middlemen. These accounts are so simple that even your grandmother could set it up! If you purchase physical gold, silver palladium, platinum and rhodium coins, bars, rounds and bullion, you’ll get instant liquidity. If you’re looking
Infinite Banking in Self Directing | Special Guest Chris Naugle Read More »
Chinese investors are increasingly diversifying their portfolios by investing in cryptocurrency, driven by the current state of the national stock market. Despite the ban on cryptocurrency trading and purchasing since 2021, investors in China have found alternative ways to allocate a significant portion of their assets to crypto. Chinese Investors Seeking Profitability in Crypto According
Chinese Investors Turn to Cryptocurrency Amidst Slump in National Stock Market Read More »
Introduction The U.S. Securities and Exchange Commission (SEC) has announced a delay in its decision on spot ethereum exchange-traded funds (ETFs) proposed by Blackrock and Grayscale Investments. This comes after the recent approval of 11 spot bitcoin ETFs, making investors eager to see if the SEC will approve spot Ethereum ETF proposals. SEC Delays Blackrock's
SEC Delays Decisions on Spot Ethereum ETFs Proposed by Blackrock and Grayscale Read More »
Introduction The Bank of England and HM Treasury have responded to the public's interest in the digital pound, assuring the public of stringent legislative measures for privacy and control, while maintaining the availability of traditional cash. Public Consultation and Interest Following engagement from the public and industry experts, the Bank of England and HM Treasury
The Bank of England and HM Treasury Address Key Concerns Regarding the Digital Pound Read More »
EchoLink, the latest project on LBank's Launchpad, has made a remarkable impact in the cryptocurrency market with its initial trading on LBank. The trading of EchoLink began on January 26, 2024, at a price of $0.01. Surprisingly, within just the first 30 minutes, the price skyrocketed to $0.0763, representing an astounding 763% increase from its
EchoLink’s Launchpad on LBank Witnesses Over 763% Surge within the First 30 Minutes Read More »
This article provides a heuristic analysis of GBTC outflows, aiming to help readers understand the current state of GBTC selling from a high level and estimate the scale of future outflows that may occur. Please note that this analysis is not intended to be strictly mathematical, but rather serve as a tool for insight. Number
Forecasting Total Bitcoin Selling Pressure & Market Impact: GBTC Outflows Read More »