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Newly Launched FDUSD Emerges as Fourth-Largest Stablecoin Since its launch on Jan. 1, 2024, FDUSD, the first digital USD stablecoin, has experienced impressive growth, with its market capitalization soaring by $1 billion. As of Jan. 21, 2024, FDUSD has become the fourth-largest stablecoin, valued at $2.61 billion. This marks a significant increase from its initial […]

Introduction In September 2022, Bitcoin's SHA256 algorithm ranked as the seventh most lucrative proof-of-work (PoW) network for mining. Fast forward a year and four months, and this algorithm has ascended to become the third most profitable crypto network for mining operations. A Shift in Mining Profitability As of January 2024, the ranking of the most

Introduction Similar to bitcoin, ethereum (ETH), the second-largest cryptocurrency by market cap, has experienced market turmoil and a clear downtrend. As of January 22, 2024, ether has shown a significant decrease, with a 3.3% drop in the past 24 hours and a 5.7% decline over the past week. Ethereum Market Capitalization and Volatility Ethereum's market

Peter Schiff's Spot Bitcoin ETF Outlook Gold bug and economist Peter Schiff has issued a warning regarding spot bitcoin exchange-traded funds (ETFs), stating that they are now in bear markets. Schiff specifically referred to the Proshares Bitcoin Strategy ETF, which has seen a decrease of over 50% in the past two years. He predicts that

Self-Directed Gold IRAs are fantastic because 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 your grandma could do it! When you purchase physical gold, silver palladium, platinum and rhodium coins, bars, rounds, and bullion you’ll have immediate liquidity.

If you understand why bitcoin is an asset to hold for the long term, you may also wonder how to take advantage of retirement tax structures to minimize your tax expenditures. There are many different ways to approach holding bitcoin in an IRA, and as with everything in bitcoin, each has its trade-offs. Let’s look

Introduction According to the latest data, spot bitcoin exchange-traded funds (ETFs) have recently seen a significant decline in trading volume. On Wednesday, these ETFs recorded their lowest trading volume day since Jan. 11, 2024, with approximately $1.28 billion in volume. In addition, Grayscale's Bitcoin Trust (GBTC) has offloaded another batch of bitcoins, totaling 13,178.50 bitcoin

When it comes to safeguarding your bitcoin, using a multisignature (multisig) wallet is widely considered one of the most secure methods. This approach eliminates risks associated with exchanges and custodians while addressing common issues related to self-custody. In this comprehensive guide, we will delve into the concept of multisig wallets, the benefits of self-custody, and

Introduction Core DAO, the foundation supporting Core Chain protocol, announced the launch of a $5 million fund to provide resources and networks for African Web3 builders. With a significant portion of Core DAO's community located in Africa, the foundation decided to establish a fund specifically aimed at supporting the continent's Web3 developers. More Than Just

As we step into 2024, the excitement in the cryptocurrency community is palpable as we gear up for Bitcoin's upcoming halving event. This event has historically had a profound impact on the crypto market landscape, and it is crucial to delve into how it may unfold this time around. Let's explore the potential implications of