crypto ira

Introduction The first week of 2024 brought a significant downturn for the digital currency Solana. With a sharp decline of over 6% in value, Solana has slipped to the fifth position in market rank. As of Saturday, January 6, 2024, it struggled to surpass the $100 threshold. A Cool-Off Period for Solana After experiencing an […]

About Goldco Goldco, founded by Trevor Gerszt in 2006, aims to empower Americans to protect themselves from market volatility and stock market crashes. With years of experience and a strong track record, Goldco is committed to helping customers plan their financial futures with precious metals. Goldco Services Goldco offers three investment options for its customers:

The First Steps towards a Bitcoin-Based Economy The city of Prospera in Honduras has recently taken a groundbreaking step by adopting bitcoin as a unit of account. This decision allows businesses to pay taxes and determine financial obligations using bitcoin. With bitcoin already being recognized as legal tender in the city since 2022, this move

ASIC Accused of Neglecting Investor Protection An Australian government official has raised concerns about the Australian Securities and Investments Commission (ASIC) failing to issue a consumer warning against the Hyperverse crypto investment scheme. Stephen Jones, the assistant treasurer in the Australian government, plans to query ASIC's decision and question why it did not follow the

Bitcoin's Brief Surge and Subsequent Decline On January 11, 2024, at 11 a.m. Eastern Time (ET), spot bitcoin exchange-traded funds (ETFs) made an impressive debut with a trading volume of $2.3 billion. However, the excitement was short-lived as bitcoin's spot markets experienced a sudden decline later that afternoon. The price of bitcoin fell below the

Spot Bitcoin ETFs Gear Up for Fierce Competition With Low Fees, Teaser Rates, and More Leading up to the SEC approval deadline, spot Bitcoin ETFs, including industry giants Blackrock and Fidelity, began disclosing competitive fee structures, signaling the intensifying race to attract investors. Blackrock's Aggressive Fee Cuts Blackrock, in its Jan. 8 S-1 filing, announced

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, played a pivotal role in the landmark decision to approve 11 spot bitcoin exchange-traded funds (ETFs) through his deciding vote. Prior to the approvals, the SEC held a vote on spot bitcoin ETFs, with two commissioners in favor and two opposing. Gensler's vote

Commissioner Crenshaw Raises Concerns about Investor Protection and Market Integrity SEC Commissioner Caroline A. Crenshaw has expressed her dissent following the SEC's approval of spot bitcoin ETFs. In a letter, she raises serious concerns regarding investor protection and market integrity. Inconsistency with the SEC's Mandate Crenshaw argues that the approval of rule changes allowing the

Introduction In November 2023, six AI-driven chatbots were queried to forecast the value of bitcoin by year-end, with their projections spanning from $15,000 to $45,000 per bitcoin. As of the initial week of January 2024, bitcoin's trading value reached $47,000, coinciding with the approval of 11 spot bitcoin exchange-traded funds (ETFs) in the U.S. With

Overview of NFT Sales In the last week, the non-fungible token (NFT) market witnessed total sales of $311.31 million. This represents a slight increase of 0.05% compared to the previous week. Despite this overall growth, NFT sales on the Bitcoin blockchain experienced a decrease of 19.12% from the previous week. Bitcoin Dominates NFT Sales Out