Author name: Peter

North America Leads in Cryptocurrency Usage Despite Regulatory Uncertainty, Says Chainalysis

Institutional Crypto Activity Drives North America's Market According to a report by blockchain forensics firm Chainalysis, North America is the world's largest cryptocurrency market, with a value of approximately $1.2 trillion received on-chain between July 2022 and June 2023. This represents 24.4% of the global transaction activity during the studied period. The report also highlights

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Former FTX Boss Sam Bankman-Fried to Testify on Thursday in High-Stakes Trial

Sam Bankman-Fried's Decision to Testify Former FTX chief Sam Bankman-Fried, popularly known as SBF, is set to testify in his ongoing trial. This decision was confirmed by his defense lawyer, Mark Cohen. Bankman-Fried's choice to take the witness stand comes after several witnesses have spoken against him in recent weeks. Facing Accusations: Bankman-Fried Asserts His

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The Rise and Fall of Bitcoin: $323 Million in Short Positions Liquidated

A Surge in Bitcoin's Value On October 24, 2023, bitcoin (BTC) experienced a robust 13% surge during the early morning trading hours, Eastern Time (ET). This rise catapulted bitcoin's value to $35,108 per unit, propelling the entire cryptocurrency market upwards by over 10%. As the market soared, traders who had placed their bets against crypto

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Bitcoin Futures Open Interest Skyrockets Amid Rising Market Enthusiasm and ETF Anticipation

Bitcoin Futures: A Growing Market Bitcoin futures open interest (OI) has witnessed a significant surge in the past day, with CME Group's OI reaching an impressive 100,000 bitcoin, equivalent to $3.4 billion. This surge is not limited to CME Group alone; platforms like Binance, Deribit, Bitget, and Okx are also experiencing substantial upticks in open

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Robert Kiyosaki Shares His Unique Investment Strategy

Robert Kiyosaki Differentiates His Investment Strategy From Warren Buffett’s Renowned author Robert Kiyosaki, best known for his book Rich Dad Poor Dad, has recently shared his investment strategy, highlighting the differences between his approach and that of Berkshire Hathaway CEO Warren Buffett. While Buffett is known for his value investing strategy, Kiyosaki takes a different

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Bitcoin, Ethereum Technical Analysis: BTC Surges Above $35,000 Amid ETF Speculation

Bitcoin Bitcoin experienced a significant rally, reaching its highest level since May 2022, as market sentiment turned bullish. Traders anticipated an imminent announcement from the United States Securities and Exchange Commission (SEC) regarding a potential bitcoin exchange-traded fund (ETF), possibly from Blackrock. In tandem with Bitcoin's surge, Ethereum also saw gains, surpassing the $1,800 mark.

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The Future of El Salvador: President Nayib Bukele’s Bid for a Second Term

The Constitutional Framework In recent weeks, speculation has been rife in the Salvadoran media about President Nayib Bukele's potential bid for a second term in office. Previously, it was believed that Salvadoran presidents were limited to a single five-year term. However, a landmark Supreme Court ruling has opened the door to the possibility of a

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