Author name: Peter

Grayscale’s 4K Bitcoin Transfer, Blackrock CEO Supports Bitcoin, Ripple’s XRP Removed, and More – Weekly Recap

featured /

Grayscale's 4,000 Bitcoin Transfer Sparks Speculation Recent blockchain analytics have revealed that Grayscale's Bitcoin Trust, also known as GBTC, has transferred 4,000 bitcoins worth approximately $175 million. This move has generated speculation and intrigue within the cryptocurrency community. Blackrock CEO Larry Fink Believes in Bitcoin Larry Fink, the CEO of Blackrock, the world's largest asset […]

Grayscale’s 4K Bitcoin Transfer, Blackrock CEO Supports Bitcoin, Ripple’s XRP Removed, and More – Weekly Recap Read More »

FDUSD’s Market Cap Surges to $2.6 Billion in Just 30 Days

news /

Introduction According to recent statistics, the stablecoin crypto asset FDUSD has experienced a remarkable growth in market capitalization, increasing by $1 billion since the beginning of the year. In just 30 days, the supply of FDUSD has witnessed a significant surge of 45.7%, reaching a total of 2.614 billion FDUSD. FDUSD Emerges as the Fourth-Largest

FDUSD’s Market Cap Surges to $2.6 Billion in Just 30 Days Read More »

VP Ep. 3 – Should you invest in Gold or Bitcoin? The real answer may surprise you.

featured /

Self-Directed Gold IRAs are great as they allow you to invest in precious metals and not have to work with middlemen. Actually, these accounts are so simple that even your grandmother could use them! If you purchase physical gold, silver platinum, palladium and bar, rounds and bullion, you will receive instant liquidity. But if you’d

VP Ep. 3 – Should you invest in Gold or Bitcoin? The real answer may surprise you. Read More »

The Evolution of Profitable Crypto Mining Algorithms from 2022 to 2024

gold ira /

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. 2022 to 2024 Sees Significant Shifts in Crypto Mining Profitability As of January 2024,

The Evolution of Profitable Crypto Mining Algorithms from 2022 to 2024 Read More »

Bitcoin Price Plunges Below $39,000 Amidst Market Speculations

crypto ira /

Bitcoin's Value Declines Further The value of bitcoin has continued to decline, falling below the $39,000 mark as bearish trends persist in the market. After breaking the $40,000 barrier on January 22, the leading cryptocurrency has now dropped below $39,000. Within the last 24 hours, bitcoin's value has depreciated by 5.3% against the US dollar.

Bitcoin Price Plunges Below $39,000 Amidst Market Speculations Read More »

Grayscale’s Bitcoin ETF Sees $556 Million Outflow, Bitcoin Prices Drop Below $39K

crypto ira /

Grayscale's Spot Bitcoin ETF Experiences Significant Outflows Recent data reveals that Grayscale's spot bitcoin exchange-traded fund (ETF), known as GBTC, has witnessed a substantial outflow of funds. Approximately 14,292.18 bitcoins, valued at slightly over $556 million, have exited the fund after Monday's trading activities. This marks the largest outflow to date for the fund, highlighting

Grayscale’s Bitcoin ETF Sees $556 Million Outflow, Bitcoin Prices Drop Below $39K Read More »

Understanding Multisig Bitcoin Wallets: A Comprehensive Guide

gold ira /

When it comes to securing your bitcoin, multisignature—or multisig for short—is recognized as one of the most secure methods. It eliminates risks associated with exchanges and custodians while addressing common issues with self-custody. In this article, we'll delve into the concept of multisig, the importance of self-custody, and how multisig enhances long-term cold storage. Why

Understanding Multisig Bitcoin Wallets: A Comprehensive Guide Read More »

JPMorgan Downgrades Coinbase Stock, Warns of Crypto Market Pressure

featured /

JPMorgan Downgrades Coinbase Stock Global investment bank JPMorgan has downgraded Coinbase Global (Nasdaq: COIN) from Neutral to Underweight, citing a difficult time ahead for the crypto market. The bank also set a price target of $80 for Coinbase stock. Reasons for the Downgrade JPMorgan analyst Kenneth Worthington explained in a note that the current crypto

JPMorgan Downgrades Coinbase Stock, Warns of Crypto Market Pressure Read More »

Ethereum and Solana: A Comparative Analysis of Recent Altcoin Trends

gold ira /

In the ever-changing world of cryptocurrency markets, recent trends have shed light on intriguing divergences in the altcoin market, specifically between ethereum and solana in relation to bitcoin. A comprehensive report published by Glassnode, a leading onchain analytics firm, delves deep into this phenomenon and provides valuable insights. Altcoin Dynamics in Focus: Ethereum Takes the

Ethereum and Solana: A Comparative Analysis of Recent Altcoin Trends Read More »