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The value of bitcoin (BTC) has skyrocketed, surging over 38% against the U.S. dollar in the past six months and marking a remarkable 125% increase year-to-date. As a result, bitcoin has climbed to become the eleventh-largest global asset, reaching a market capitalization that surpasses various assets including precious metals, exchange-traded funds (ETFs), and corporate valuations. […]

Introduction As global equities experienced a slump following U.S. Federal Reserve chairman Jerome Powell's speech on Thursday, the crypto markets remained resilient, showcasing an overall market valuation of $1.4 trillion on Friday, November 10, 2023. Bitcoin and Ethereum Navigate Through Market Uncertainty Despite the drop in stocks after Powell's hawkish speech, the crypto economy continues

Blackrock's Ethereum ETF Plan Blackrock Inc., the world's largest asset manager, is making significant strides in the cryptocurrency investment space. The company, through its subsidiary Ishares Delaware Trust Sponsor LLC, has filed a 19b-4 form with the U.S. Securities and Exchange Commission (SEC) to list shares of the Ishares Ethereum Trust on the Nasdaq. This

Bitcoin's Scarcity Defies Price Rally, as per Glassnode Study A recent study conducted by Glassnode on onchain activities shows that the scarcity of the bitcoin supply has tightened, despite the significant increase in bitcoin's value this year. The study highlights that the inactivity of coins has reached both multi-year and unprecedented peaks. Reflecting on the

Microstrategy Chairman's Positive Outlook on Bitcoin Microstrategy Chairman Michael Saylor is optimistic about the future of bitcoin, expecting its demand to double after the halving event and the approvals of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). In an interview with Fox Business, Saylor highlighted three key factors that

The director of global macro at financial services giant Fidelity, Jurrien Timmer, believes that bitcoin can be considered as 'exponential gold'. He argues that while gold is often seen as a store of value, it is too deflationary and cumbersome to be used as a medium of exchange. This is one of the reasons why

Self-Directed Gold IRAs are fantastic as they let you put money into precious metals, without having to engage any middlemen. These accounts are so easy that even your grandmother could use them! When you buy physical silver, gold platinum, palladium and rhodium coins, bars, rounds and bullion you’ll have instant liquidity. But if you’d like

A Mountain of Lies In a recent closing argument, federal prosecutor Nicolas Roos accused Sam Bankman-Fried, the CEO of cryptocurrency exchange FTX, of stealing billions of dollars from customers and engaging in a series of deceptive actions to cover it up. According to Roos, Bankman-Fried's actions have left a trail of victims in their wake.

Introduction Bitcoin.com, a trailblazer in democratizing cryptocurrency access, is thrilled to announce the upcoming launch of its VERSE token on the Polygon PoS chain. This groundbreaking move follows the Verse community's first-ever direct vote, a process that underscores Bitcoin.com's commitment to community-driven decision-making and amplifies the ethos of decentralization. Why Polygon? The decision to launch

MetaBID, the groundbreaking auction platform, is set to launch its first auctions on November 4, 2023. By harnessing the power of blockchain technology, MetaBID provides a secure and transparent environment for users to participate in thrilling auctions and win highly sought-after digital assets at incredible prices. Introducing MetaBID MetaBID is an emerging auction platform driven