Author name: Peter

South Korea’s Crypto Trading Volume Soars: A Look at the Top Coins

Introduction Over the last 100 days, South Korea has experienced a significant surge in crypto trading activity. The country's leading crypto exchanges, Upbit and Bithumb, witnessed record-breaking trading volumes in the initial week of January 2024. However, the most popular traded coins in South Korea differ from the leading pairs found on global platforms like […]

South Korea’s Crypto Trading Volume Soars: A Look at the Top Coins Read More »

Hong Kong Virtual Asset Consortium Updates Crypto Indexes, Excluding XRP

Introduction Hong Kong is strengthening its crypto regulatory framework and embracing exchange-traded funds (ETFs). In line with these developments, the Hong Kong Virtual Asset Consortium (HKVAC) has made revisions to its crypto indexes, prioritizing tokens with strong market performance and growing industry partnerships. This article explores the recent updates made by the HKVAC and the

Hong Kong Virtual Asset Consortium Updates Crypto Indexes, Excluding XRP Read More »

SEC Chair on Spot Bitcoin ETF Approval and Centralization

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler Sees Irony in Spot Bitcoin ETF Approval The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, discussed the irony of spot bitcoin exchange-traded funds (ETFs) in an interview with CNBC on Friday. The securities regulator approved 11 spot bitcoin ETFs last week. Centralization

SEC Chair on Spot Bitcoin ETF Approval and Centralization Read More »

Altcoins Thrive While Bitcoin Dips in a Dramatic Week of Crypto Trading

Altcoin Surge and Bitcoin Decline In the past week, the crypto market has been filled with interesting developments. While bitcoin experienced a dip of 5.7% in value, ethereum, on the other hand, saw a significant increase of 10.8% against the U.S. dollar. However, the real winners in this market were altcoins SUI and ethereum name

Altcoins Thrive While Bitcoin Dips in a Dramatic Week of Crypto Trading Read More »

Gamestop’s NFT Marketplace Closure: Pausing the Cryptocurrency Adventure

The Decision to Shut Down the Gamestop NFT Marketplace Gamestop, the renowned company listed on the New York Stock Exchange (NYSE: GME), has recently announced its intention to close its non-fungible token (NFT) marketplace on February 2, 2024. Users of the Gamestop NFT market will no longer have the ability to buy, sell, or create

Gamestop’s NFT Marketplace Closure: Pausing the Cryptocurrency Adventure Read More »

Robert Kiyosaki Expresses Concerns About Rapid Rise in U.S. National Debt

Rich Dad Poor Dad Author Urges Investors to Buy Bitcoin and Precious Metals Renowned author Robert Kiyosaki, best known for his book Rich Dad Poor Dad, has once again expressed his worries about the significant increase in the U.S. national debt. Kiyosaki, who has been a strong advocate for bitcoin, advised investors to consider purchasing

Robert Kiyosaki Expresses Concerns About Rapid Rise in U.S. National Debt Read More »

Kevin O’Leary Says He’ll Never Buy Bitcoin ETF — Prefers to Hold BTC Long Term

Kevin O’Leary Won’t Invest in Spot Bitcoin ETFs Kevin O’Leary, also known as Mr. Wonderful, recently expressed his stance on spot bitcoin exchange-traded funds (ETFs), stating that he will never buy them. Instead, he prefers to hold bitcoin for the long term, considering it as digital gold. O’Leary questioned the need to pay fees associated

Kevin O’Leary Says He’ll Never Buy Bitcoin ETF — Prefers to Hold BTC Long Term Read More »

Binance and Coinbase Hold 11% of Crypto Economy’s Net Value, Leading in BTC and ETH Reserves

Recent statistical data reveals that Binance and Coinbase, two major players in the cryptocurrency exchange industry, collectively possess 11.85% of the $1.68 trillion digital currency economy. Additionally, these influential trading platforms control 7.83% of the total bitcoin supply, underscoring their significant market influence. Binance and Coinbase's Market Dominance Binance and Coinbase are recognized as the

Binance and Coinbase Hold 11% of Crypto Economy’s Net Value, Leading in BTC and ETH Reserves Read More »

Blackrock CEO Larry Fink: Bitcoin is Bigger Than Any Government

Fink's Belief in Bitcoin Larry Fink, the CEO of Blackrock, the world's largest asset manager, has expressed his strong belief in bitcoin, stating that it is "bigger than any government." Fink compared the cryptocurrency to digital gold, highlighting its potential as a long-term store of value. He emphasized that unlike gold, where new supply can

Blackrock CEO Larry Fink: Bitcoin is Bigger Than Any Government Read More »

Blackrock’s Spot Bitcoin ETF Acquires 11,439 BTC Worth $500 Million

Blackrock's Ishares Bitcoin Trust's BTC Holdings Blackrock's spot bitcoin exchange-traded fund (ETF), known as the Ishares Bitcoin Trust (IBIT), has recently acquired 11,439 bitcoin. This amounts to a market value of approximately $500 million. The ETF began trading on the Nasdaq stock exchange just two days ago. It is worth noting that the U.S. Securities

Blackrock’s Spot Bitcoin ETF Acquires 11,439 BTC Worth $500 Million Read More »