Author name: Peter

Augusta vs Goldco Gold IRA Which is Best | MrGold IRA 401K, SEP, Roth IRA

Self-Directed Gold IRAs are a great way to invest in gold without having to deal problems associated with buying physical bullion. This type of account permits investors to buy bullion directly through the state and store it in their own name. While many people prefer to have the physical form of gold, it is not […]

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New York Department of Financial Services Issues New Standards for Virtual Currency Listings and Delistings

Introduction The New York Department of Financial Services (NYDFS) has recently released new regulations regarding virtual currency (coin) listings and delistings. These regulations apply to Bitlicensees and limited-purpose trust companies and include various business model considerations, risk assessment expectations, and advance notification requirements. VCE Coin-Listing Policies Under the latest guidance, virtual currency entities (VCEs) with

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MicroStrategy’s Michael Saylor’s Buyout Offer to Shareholders Preceded Bitcoin Purchase

Michael Saylor encountered challenges before successfully incorporating Bitcoin into MicroStrategy's balance sheet in 2020. During the 2024 Abundance360 Summit, Saylor disclosed his offer to buy out MicroStrategy shareholders through a Dutch action when they initially aimed to acquire $250 million worth of Bitcoin. Saylor's Offer to Shareholders At the recent summit, Saylor shared how he

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Alchemy Pay Partners with Worldpay to Enhance Crypto Payment Experience

Alchemy Pay, the leading fiat-crypto payment gateway, has recently announced its partnership with Worldpay, a renowned payments processing firm. This collaboration aims to provide Alchemy Pay users with improved efficiency and customer experience when using their credit and debit cards for cryptocurrency trading. Accessing Worldpay’s Visa and Mastercard Payment Rails With the integration of Worldpay's

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The Nigerian Naira Hits Record Low Against the US Dollar: Central Bank Governor Expects Stabilization in 2024

Record Low Exchange Rate On December 19, the official exchange rate of the Nigerian currency, the naira, reached a record low of 1,248 naira for every US dollar. However, it managed to recover slightly and closed the day at 845 naira per greenback. This depreciation almost matched the rates offered on the parallel market for

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Bitcoin Technical Analysis: BTC Price Reflects Market Equilibrium and Consolidation

Bitcoin's current price is situated within a 24-hour range of $43,412 to $44,243, reflecting short-term volatility. The leading cryptocurrency has seen a 1.1% decrease over the past day, though it maintains a 2% increase over the week and an impressive 19.6% rise over the last 30 days. Presently, technical indicators provide insights into Bitcoin's market

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Bitmap Theory: Revolutionizing the Bitcoin Metaverse with a Valuation of $235 Million

Introduction Bitmap Theory, a groundbreaking initiative launched in the summer of last year, is rapidly gaining traction in the digital space. Its primary objective is to integrate a metaverse, a digital realm, into the Bitcoin blockchain. Leveraging the innovative Ordinal inscription technology, Bitmap allows individuals to claim ownership of specific segments of the Bitcoin blockchain.

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Defi Witnesses Dramatic Recovery as TVL and Token Valuations Soar in 2023

Introduction In April 2022, decentralized finance (defi) protocols held approximately $163 billion total value locked (TVL). However, by January 2023, this amount had declined to $38.30 billion. Despite this initial setback, both TVL and the market valuation of the leading defi tokens have shown significant growth over the past year. Growth in TVL As 2023

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SEC Chair Warns of Crypto Non-Compliance as Blackrock Plans BTC ETF Seed

SEC Chairman Gary Gensler Highlights Crypto Non-Compliance The U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has issued warnings regarding cryptocurrency investments. He emphasized the prevalence of non-compliance in the crypto space, which undermines confidence and leaves many investors with no choice but to file for bankruptcy. Gensler's concerns arise as the market anticipates

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