Goldman Sachs on Spot Bitcoin ETF Hype Global investment bank Goldman Sachs has advised investors against anticipating a sudden and immediate surge in the price of bitcoin upon the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). Nonetheless, Goldman Sachs highlighted that the "ability to actually transact a […]
Introduction Howard Lutnick, the CEO of Cantor Fitzgerald, a prominent Wall Street private financial services company, has recently confirmed the company's association with Tether, the largest stablecoin issuer in the cryptocurrency market. In an interview on CNBC's Money Movers, Lutnick expressed his admiration for Tether and revealed that Cantor Fitzgerald holds Tether's treasuries. This confirmation
Howard Lutnick, Cantor Fitzgerald CEO, Confirms Business Relationship with Tether Read More »
Bitcoin's Price and Market Overview As of December 15, 2023, Bitcoin (BTC) is priced at $42,696, with a 24-hour trading range of $42,067 to $43,329. The market capitalization of Bitcoin stands at $835 billion, supported by a significant 24-hour trading volume of $24.86 billion. Although BTC has experienced a 2.2% decline over the past week,
Bitcoin Technical Analysis: BTC’s Consolidation Phase Signals Cautious Market Approach Read More »
Ethereum's Price and Market Capitalization As of December 15, 2023, the price of Ethereum (ETH) is $2,259. It is important to note that Ethereum holds a significant market capitalization of $271 billion, along with a 24-hour trade volume of approximately $17.54 billion. These figures highlight the substantial presence of Ethereum in the cryptocurrency economy compared
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The Call for In-Kind Creation A finance professor from Georgetown University has recently urged the U.S. Securities and Exchange Commission (SEC) to avoid micromanaging the creation and redemption process for spot bitcoin exchange-traded funds (ETFs). In a letter penned to the SEC, the professor emphasized the importance of adopting the in-kind creation method instead of
The Importance of In-Kind Creation in Bitcoin ETFs: An Expert’s Perspective Read More »
Self-Directed gold IRAs are great because they allow you to make investments in gold and other precious metals and not have to deal with any middlemen. Actually, these accounts are so simple that your grandma could do it! When you buy physical silver, gold palladium, platinum and the rhodium coins, bars rounds, and bullion, you
If You Invest in Gold, You’re Dumb as F#ck – Billionaire Mark Cuban Read More »
Bitget's Optimistic Outlook Bitget, a leading derivatives crypto exchange, has recently released a prediction report that paints a vibrant future for the Bitcoin ecosystem. According to Bitget researchers, the price of BTC has the potential to soar to $100,000 in the next bull market. Additionally, the report highlights the ascending ranks of the ORDI BRC20
Introduction Gold, a precious metal valued since the early days of human civilization, has a wide range of applications in today's world. From electronics to acting as a hedge against inflation, gold holds immense value. However, to maintain its predictability and consistency, gold must go through a refining process. In this article, we will explore
How Is Gold Refined? A Brief Overview Read More »
U.S. Treasury Secretary Janet Yellen believes that inflation has significantly decreased, but there is still work to be done for the Federal Reserve to reach its 2% inflation target. She explained that the central bank faces two risks: the possibility that inflation does not decrease to their target as planned, and the risk of the
Treasury Secretary Janet Yellen Discusses US Economy, Recession Risk, Soft Landing Read More »
Crypto Asset Manager Bitwise Releases 10 Crypto Predictions for 2024 Crypto asset manager Bitwise has recently published a report titled "The Year Ahead: 10 Crypto Predictions for 2024." The firm, known for its crypto index fund BITW, offers a range of crypto-focused investment products, including exchange-traded funds (ETFs) and non-fungible tokens (NFTs). Prediction 1: Bitcoin
Bitwise Unveils 10 Crypto Predictions for 2024: Bitcoin to Reach New Highs Read More »