Author name: Peter

Rising Optimism and Inflows According to Coinshares' latest digital asset fund flows report, the digital asset market experienced a significant rush in optimism in October, resulting in $326 million in fund inflows. This marks the largest single-week gain in one and a half years. The report, Volume 155, highlights the rising optimism and a higher […]

Introduction On October 13, 2023, California implemented the Digital Financial Assets law, marking the state's first comprehensive regulatory framework for digital asset markets. This article will explore the key provisions of the law and its impact on various aspects of the crypto industry. Understanding Key Definitions Before delving into the specific provisions of the Digital

Introduction In a compelling tale of persistence and financial prudence, a Reddit user by the name of u/Gorillahair2000 embarked on a unique investment experiment to showcase the potential rewards of consistently investing small amounts into Bitcoin. This experiment aimed to determine whether allocating just $5 per day into Bitcoin would yield worthwhile returns. Over the

Bitcoin Exodus: Over $2 Billion in BTC Withdrawn from Exchanges in 90 Days In the past 90 days, trading platforms have seen a significant decrease in the number of bitcoins available for trading. Approximately 60,000 bitcoins, valued at just over $2 billion, have been removed from these exchanges. Currently, the total number of bitcoins on

Altcoins Garnering Attention from South Korean Investors A recent report reveals that South Korean cryptocurrency traders have a higher inclination towards investing in high-risk altcoins, compared to their American counterparts. The study indicates that the trading volumes of major cryptocurrencies such as bitcoin and ethereum on the largest Korean exchange are significantly smaller than those

Mounting Fears of US Recession The S&P 500, a key U.S. equities index, has experienced a decline of just over 10% from its peak on July 31. This drop has been driven by concerns about the U.S. economy heading towards a recession. Experts have even referred to this decline as the first correction since the