Author name: Peter

Bitcoin Technical Analysis: BTC Holds Above $37K With Tense Market Equilibrium

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Bitcoin's Price Fluctuations On Monday, November 20, 2023, bitcoin (BTC) is trading slightly above the $37K mark, signaling the start of the week. In the past 24 hours, BTC's price has ranged from $36,441 to $37,516 per unit. Currently, bitcoin trades have generated a global trading volume of $15.55 billion. Optimistic Outlooks Backed by Key […]

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The Bullish Trend of Ethereum Continues: Market Analysis and Outlook

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Ethereum's Impressive Performance On Monday, ethereum (ETH) showcased an impressive bullish pattern, reaching a peak value of $2,041 on November 20, 2023. As the second most prominent cryptocurrency with a market capitalization of $242 billion, ethereum continues to attract substantial trading activity, with a total volume of $15.33 billion over the past day. Market Dynamics

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Crypto Market’s Mixed Fortunes — BONK, TAO, and KAS Rise as Several Other Cryptos Stagnate

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The cryptocurrency market is currently valued at $1.42 trillion, with bitcoin (BTC) holding 49.9% of the overall market cap. However, this past week, both bitcoin and ethereum had stagnant performance in terms of their percentage changes. On the other hand, several other digital currencies stood out by outperforming the top two. Notably, BONK and TAO

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The Most Valuable Coins in the World: A Collector’s Dream

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Many collectors can't resist the allure of a rare and valuable coin. While most risk-averse gold investors will simply buy standard or well-known coins, rare coin enthusiasts typically hunt for unique, historical, or limited-edition coins to bulk up their portfolios. Such coins are often worth a fortune, and locating one is like hitting the jackpot

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Libertarian and Free Market Proponent Javier Milei Wins Argentine Presidency

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Milei Triumphs in Argentina's Presidential Race Argentina has embraced its newly elected president, Javier Milei, who achieved a majority in the popular vote, surpassing his opponent Sergio Massa. Milei, an anarcho-capitalist, aims to dismantle the political "caste" he accuses of failing the nation, boldly asserting earlier this year that the state "destroys wealth." At the

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Gold as a Hedge in Financial Collapse Scenarios: Insights from the Dutch Central Bank

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Dutch Central Bank Increases Gold Holdings as a Backstop Aerdt Houben, Director of Financial Markets for the Dutch Central Bank (DNB), recently discussed the bank's decision to increase its gold holdings and the potential role of gold as a hedge in the event of a financial collapse. Houben emphasized that gold, due to its properties,

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SEC Delays Decision on Global X Bitcoin Trust’s Spot Bitcoin ETF

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The U.S. Securities and Exchange Commission (SEC) has announced a delay in its decision regarding the application of the Global X Bitcoin Trust to list a spot bitcoin exchange-traded fund (ETF). This delay, which was announced on November 17, 2023, adds to the ongoing uncertainty surrounding spot bitcoin ETFs. Global X Spot Bitcoin ETF Delayed

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The Performance of Privacy Crypto Tokens in 2023

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A Decline in Value Throughout 2023, various sectors in the cryptocurrency market have witnessed significant gains. However, privacy-centric crypto tokens have lagged behind their counterparts in terms of performance. Over the past ten months, the market value of the privacy cryptocurrency sector has declined by $440 million, indicating a notable downturn. Current Market Value As

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SEC Provides Guidance on Spot Bitcoin ETFs, Fueling Hope for Approval

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SEC's Advice on Spot Bitcoin ETFs The Securities and Exchange Commission (SEC) has offered specific guidance to exchanges regarding the listing and trading of spot bitcoin exchange-traded funds (ETFs). This development has been hailed as "real progress" by insiders in the crypto industry, as it brings much-needed clarity to the cash vs in-kind debate. According

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