Peter, Author at Gold and Altcoin IRA News and Reviews

Investment Banks Navigate Ambiguous Future Amid Middle East Tensions

The recent crisis in the Middle East, triggered by an unexpected Hamas attack on Israel, has prompted prominent U.S. investment banks to advocate for prudence and adaptability. Interpretations by analysts from JPMorgan and Morgan Stanley offer a glimpse into Wall Street's understanding of the unfolding events and possible repercussions for international markets. Morgan Stanley Analyst […]

Investment Banks Navigate Ambiguous Future Amid Middle East Tensions Read More »

The Meme Coin Market: A $3 Billion Devaluation Since 2023

crypto ira / Peter

The meme coin market, once a booming sector, has seen a notable decrease of over $3 billion since the start of 2023. The two main culprits of this fall are none other than Dogecoin (DOGE), the market leader of meme coins, and Shiba Inu (SHIB), both witnessing a significant drop in their market capitalization. Dogecoin

The Meme Coin Market: A $3 Billion Devaluation Since 2023 Read More »

Unveiling the 12-Year Journey of Litecoin and the Dominance of Its Top Wallets

featured / Peter

The sphere of cryptocurrency has witnessed the steady evolution of Litecoin, often referred to as the 'silver to bitcoin's gold.' Emerged from the proof-of-work blockchain, Litecoin has been forging its path for over 12 years. This article takes a closer look at the top ten influential Litecoin (LTC) wallets among the 7.14 million unique LTC-holding

Unveiling the 12-Year Journey of Litecoin and the Dominance of Its Top Wallets Read More »

Central Bank of Nigeria Lifts Foreign Exchange Restrictions: A Step Towards Economic Progress

crypto ira / Peter

The Central Bank of Nigeria (CBN) made a declaration on Oct. 12, lifting the foreign exchange constraints initially placed on the importation of 43 items. This move comes as a part of the bank's broader objective of unifying the local currency's multiple exchange rates and controlling inflation. Background: The Foreign Exchange Restrictions The foreign exchange

Central Bank of Nigeria Lifts Foreign Exchange Restrictions: A Step Towards Economic Progress Read More »

SEC Misses Deadline to Appeal Against Grayscale’s Bitcoin ETF Ruling

crypto ira / Peter

The United States Securities and Exchange Commission (SEC) has reportedly missed the deadline to contest a court decision that ruled against its rejection of Grayscale's spot bitcoin ETF application. As revealed by sources ahead of the deadline, the SEC had no plans to appeal this ruling, potentially setting up a review of the application. SEC

SEC Misses Deadline to Appeal Against Grayscale’s Bitcoin ETF Ruling Read More »

Introducing Satslink: Coinkite’s Innovative Bitcoin Device

featured / Peter

Coinkite, a renowned technology company, has recently unveiled its newest product, Satslink. This innovative piece of hardware is currently in production and is poised to disrupt the traditional modes of communication and mobile technology with its unique application possibilities. Embracing Open Hardware for Developer Flexibility Satslink breaks away from the confines of traditional frameworks and

Introducing Satslink: Coinkite’s Innovative Bitcoin Device Read More »

Unveiling FTX Trustees’ Hefty SOL Stake Amid Bankruptcy Proceedings

crypto ira / Peter

Unveiling an interesting development in the blockchain realm, the trustees of the now-insolvent FTX exchange are in the process of supervising its bankruptcy proceedings. The trustees have pledged a substantial 5.5 million Solana (SOL) for staking purposes. The current market value of FTX's total Solana holdings is an impressive $1.16 billion. It's noteworthy to mention

Unveiling FTX Trustees’ Hefty SOL Stake Amid Bankruptcy Proceedings Read More »

Bitcoin and Ethereum Technical Analysis: BTC Bulls Break 5-Day Downward Trend

gold ira / Peter

After a five-day downward trend, Bitcoin experienced a much-needed resurgence on Friday. The cryptocurrency seems to have found a temporary price floor, as traders adjust to the recent U.S. inflation report, which remained steady at 3.7%. Ethereum also saw a minor uptick, recovering from its recent bearish trend. Bitcoin Bitcoin (BTC) broke its five-day losing

Bitcoin and Ethereum Technical Analysis: BTC Bulls Break 5-Day Downward Trend Read More »

Examining the Recent Swings in the Stablecoin Market

featured / Peter

Over recent weeks, the stablecoin market seems to have entered a somewhat dormant phase, barely breaching the $123 billion mark as we approach the latter part of October. Despite an unexpected surge in fiat-pegged token trading on October 13, stablecoin transactions only accounted for 22.96% of the total trade volume in the global cryptocurrency market.

Examining the Recent Swings in the Stablecoin Market Read More »

US SEC’s Stance on Grayscale’s Bitcoin ETF Conversion: A Game Changer?

featured / Peter

The U.S. Securities and Exchange Commission (SEC) has reportedly taken a step back from challenging a court ruling that favors Grayscale Investments' plans to convert their Bitcoin fund into an Exchange-Traded Fund (ETF). This information, reported by Reuters, could be an indicator of the regulator's evolving perspective on a Bitcoin ETF. The SEC's Decision: A

US SEC’s Stance on Grayscale’s Bitcoin ETF Conversion: A Game Changer? Read More »

Author name: Peter