crypto ira

Market Sentiment and Rate Cut Speculations The leading trio of U.S. stock indices – the Dow Jones Industrial Average, Nasdaq Composite, and the S&P 500 – experienced a downturn on Wednesday afternoon. This decline coincided with a rise in 10-year Treasury yields, which jumped 0.98% to 4.102%. Concurrently, gold's value decreased by a percentage point, […]

Introduction Today's trading session commenced with ethereum oscillating between $2,480 and $2,532 in the past hour, enclosed within a daily range of $2,472 to $2,544. This restricted range hints at a brief stabilization period after a spell of recent market swings. Ethereum maintains a strong market capitalization of $305 billion and a noteworthy trade volume

Introduction The Hong Kong Virtual Asset Consortium (HKVAC) has made revisions to its crypto indexes, reflecting the city's commitment to strengthening its crypto regulatory framework and embracing ETFs. The updates highlight a preference for tokens with market performance and growing industry partnerships. Notably, the revisions exclude Ripple's XRP from the indexes. HKVAC's Crypto Index Revisions

The Forecast for Bitcoin Price in 2024 In November 2023, six AI-driven chatbots were queried to forecast the value of bitcoin by year-end, with their projections spanning from $15,000 to $45,000 per bitcoin. As of the initial week of January 2024, bitcoin's trading value reached $47,000, coinciding with the approval of 11 spot bitcoin exchange-traded

Lawmakers Demand Briefing on SEC's Compromised X Account Four U.S. lawmakers have sent a letter to U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, demanding a briefing on the SEC's compromised X account. The breach resulted in a false tweet announcing the approval of bitcoin exchange-traded funds (ETFs) on January 9. The official X

Spot Bitcoin ETFs Get Green Light The U.S. Securities and Exchange Commission (SEC) has made a groundbreaking decision by approving 11 spot bitcoin exchange-traded funds (ETFs) for listing and trading on major U.S. stock exchanges. This development comes after years of anticipation and regulatory challenges. Starting Thursday, these approved spot bitcoin ETFs will be available

Introduction After a long wait, spot bitcoin exchange-traded funds (ETFs) have finally received approval to commence trading on U.S. stock exchanges. The U.S. Securities and Exchange Commission (SEC) has given the green light to 11 spot bitcoin ETFs, which will be listed and traded on the NYSE Arca exchange, the Nasdaq stock exchange, and the

Bitcoin's Stagnant Response to SEC's ETF Approvals In a groundbreaking move, the U.S. Securities and Exchange Commission (SEC) has given the green light to 11 spot bitcoin exchange-traded funds (ETFs), much to the delight of cryptocurrency enthusiasts. However, despite this momentous regulatory decision, the price of bitcoin has remained stagnant over the past 24 hours.

Central Banks Maintain Gold Rush According to Krishan Gopaul, senior analyst of the World Gold Council, central banks continued to increase their gold reserves in November. Public records and reports from the International Monetary Fund (IMF) showed that central banks purchased a total of 44 tonnes of gold during the month. Emerging Markets Lead the

Understanding the Risks of Crypto Investing Gary Gensler, the Chairman of the U.S. Securities and Exchange Commission (SEC), has recently expressed concerns about investing in crypto assets. In a series of social media posts, Gensler highlighted the potential risks and lack of regulatory compliance in the crypto industry. His warnings come at a time when