crypto ira

Introduction On Friday, the price of bitcoin experienced fluctuations ranging from $41,937 to $43,347, with its market value reaching $846 billion. The day's trading activity amounted to $17.35 billion, indicating increased investor participation and market liquidity, which typically declines as the weekend approaches. The Current Sentiment towards Bitcoin The sentiment towards bitcoin (BTC) is currently […]

Introduction Gold is not only visually appealing but also a lucrative investment option, especially during economic downturns. If you prefer not to deal with physical bullion, gold mutual funds can be a suitable alternative. By pooling your money with other investors, you can benefit from lower costs and potentially higher returns. Steps To Invest in

Introduction Discreet Log Contracts (DLCs) have been around since 2017, when Thaddeus Dryja, co-creator of the Lightning Network protocol, proposed this concept. DLCs are smart contract structures that aim to address three key issues with previous contract schemes: scalability, data integration, and user privacy. Scalability and Contract Footprints The scalability of smart contracts was a

The Hong Kong Securities and Futures Commission (SFC) has issued a warning to cryptocurrency investors, urging them to only use or trade on approved virtual asset trading platforms (VATPs). The regulator emphasized the importance of verifying a VATP's regulatory status before engaging in any transactions. Background This warning comes after the SFC previously advised users

Monero Faces 32% Value Slash as Binance Cuts Ties With Privacy Coin Monero (XMR), the leading privacy-focused cryptocurrency, experienced a sharp 32% decline within the last day following the announcement that Binance, the world's leading cryptocurrency exchange, intends to remove the coin from its platform. Binance cited non-compliance with its listing criteria as the reason

Self-Directed Gold IRAs are fantastic as they let you place your money in the precious metals, without having to go through any middlemen. These accounts are so simple that even your grandmother could manage it! When you buy physical gold, silver, palladium, platinum, rhodium coins, bars, rounds, and bullion, you get instant liquidity. If you’re

Vast Bank's Decision to Exit the Cryptocurrency Market Vast Bank, a financial institution based in Oklahoma, United States, has recently made the decision to withdraw from the cryptocurrency market. As part of this strategic shift, the bank will be shutting down its crypto mobile banking application, effective January 31st. This move signifies a change in

Cathie Wood: Investors Favor Bitcoin Over Gold Amid Financial Uncertainty Cathie Wood, CEO of ARK Invest, believes that there is a notable shift in investment trends, with investors increasingly favoring bitcoin over traditional gold investments. This shift has become more apparent since the introduction of spot bitcoin ETFs, which provide investors with easier access to

Microstrategy Now Holds 190,000 Bitcoins Nasdaq-listed Microstrategy has significantly increased its cryptocurrency holdings, now owning a total of 190,000 bitcoins. This includes the acquisition of an additional 31,755 bitcoins since the end of the third quarter. With this development, Microstrategy proudly proclaims itself as the "world's first Bitcoin development company," offering a unique value proposition

Bitcoin Network's Average Transfer Fee in 2024 Recent data analysis spanning the last 36 days indicates that the average transfer fee on the Bitcoin network has consistently remained above $3.68. Even for median-sized transactions, the costs have not gone below the $1.67 threshold. As of February 6, 2024, there is a significant backlog of 221,799