Georgetown Professor Urges SEC to Embrace In-Kind Creation Method for Spot Bitcoin ETFs A finance professor at Georgetown University has recently voiced his concerns over the U.S. Securities and Exchange Commission's (SEC) proposed cash-only rule for the creation and redemption of spot bitcoin exchange-traded funds (ETFs). Instead, the professor advocates for the use of the […]
Ethereum's Market Capitalization and Trade Volume As of Dec. 15, 2023, ethereum's price exhibits intricate dynamics, standing at $2,259. Oscillators and moving averages paint a mixed picture, while the 4-hour and daily charts reveal patterns of consolidation and a short-term downtrend. Ethereum's (ETH) market capitalization stands at $271 billion, accompanied by a 24-hour trade volume
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Introduction In a recently published prediction report, Bitget, a leading derivatives crypto exchange, has made bold predictions about the future of the Bitcoin ecosystem. According to Bitget researchers, Bitcoin has the potential to reach $100,000 in the next bull market, while the ORDI BRC20 token is expected to climb the ranks. This anticipated growth is
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Prediction 1: Bitcoin Trading Above $80,000 Crypto asset manager Bitwise has made 10 predictions for the crypto market in 2024. The first prediction states that Bitcoin will trade above $80,000, setting a new all-time high. Bitwise believes that two major factors will contribute to this price surge. The anticipated launch of a spot Bitcoin ETF
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Ledger Library Breach: Experts Advise Halting Dapp Usage to Dodge Wallet Drainer According to multiple reports, there has been an alleged exploit in the Ledger Connectkit Library, prompting a warning for users to avoid interacting with decentralized application (dapp) front ends. It has been revealed that the library, which supports various dapps, now contains a
Overview of November's CPI Data In November, the U.S. Consumer Price Index (CPI), a principal measure of inflation, recorded a modest increase of 0.1%. This consistent annual rise of 3.1% reflects subtle economic shifts, with energy costs experiencing a significant decline while expenses for housing and food continue to gradually rise. Falling Energy Prices Play
U.S. Inflation Rate Holds Steady: Minor CPI Rise Amid Falling Energy Costs Read More »
Financial Benchmarks Display Bullish Trend After FOMC Announcement The most recent session of the Federal Open Market Committee (FOMC) concluded with the Federal Reserve maintaining current interest rates. The market, anticipating rate reductions in 2024 and influenced by Fed Chair Jerome Powell's dovish stance, responded positively. This positive sentiment was evident in the surge of
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Skybridge Capital Founder Sees Bitcoin as a Multi-Trillion-Dollar Asset During an interview with Bloomberg, Anthony Scaramucci, the founder of Skybridge Capital, discussed various topics, including the future of bitcoin and the potential impact of the U.S. Securities and Exchange Commission (SEC) on the cryptocurrency market. Despite the SEC's decision on the spot bitcoin exchange-traded fund
Self-Directed gold IRAs are fantastic as they let you make investments in gold and other precious metals without needing to engage any middlemen. In fact, these accounts are so simple that even your grandmother could manage it! When you buy physical silver, gold platinum, palladium and Rhodium bars, coins, rounds, and bullion you’ll have instant
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Saudi Aramco Explores Collaboration for Investing in Digital Assets Saudi Aramco, the largest oil and gas company by market cap, has partnered with SBI Holdings, a financial services group in Japan, to explore a potential collaboration for investing in digital assets. With a market capitalization of over $2 trillion, Saudi Aramco is considering venturing into
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