crypto ira

Introduction Economist and gold bug Peter Schiff has made predictions about the future of cryptocurrency regulations in the United States. He believes that the U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler will soon introduce new and burdensome regulations that will lead to a significant decrease in the price of bitcoin. Schiff anticipates that […]

On January 15, 2024, market insights revealed that the stablecoin TUSD deviated from its usual $1 parity, dropping to $0.979 per coin the following day. However, by 10:00 a.m. Eastern Time (ET) on Tuesday, it managed to recover slightly, climbing above the $0.99 mark. Fluctuating Value and Real-Time Attestation Challenges TUSD has recently faced fluctuations

Bitcoin's Stable Performance and Anticipated Growth Howard Lutnick, the CEO of Cantor Fitzgerald, a renowned financial services company, shared his insights on bitcoin and tether during his appearance at the World Economic Forum in Davos. Lutnick drew parallels between the excitement surrounding spot gold exchange-traded funds (ETFs) and the expected trajectory of bitcoin. Lutnick observed

Ethereum, the second-largest cryptocurrency by market capitalization, has experienced a period of stabilization after recent market volatility. With a market cap of $305 billion and a significant trade volume of $18.11 billion, Ethereum continues to exert its influence in the digital currency market. Technical Indicators A closer look at Monday's technical indicators reveals a mixed

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

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

Warren Davidson Rejects U.S. Treasury's Attempt to Ban Crypto Assets Warren Davidson, Vice Chairman of the Subcommittee on Digital Assets, Financial Technology, and Inclusion of the House Financial Services Committee, has vehemently rejected the policy suggestions put forth by the U.S. Treasury to regulate crypto assets. He argues that these proposals aim to effectively ban

Introduction The long-awaited U.S. spot bitcoin exchange-traded funds (ETFs) will finally commence trading. The Securities and Exchange Commission (SEC) approved 11 spot bitcoin ETFs on Wednesday to be listed and traded on the NYSE Arca exchange, the Nasdaq stock exchange, and the Cboe BZX Exchange. The three exchanges have indicated that spot bitcoin ETFs will

Spot Bitcoin ETFs Anticipated to Receive SEC Approval The U.S. Securities and Exchange Commission (SEC) is expected to green-light "a handful" of spot bitcoin exchange-traded funds (ETFs) on Wednesday, potentially unleashing a wave of trading this week. On Monday, 10 applicants submitted their final amendments, including Blackrock, which also filed to register its Ishares Bitcoin

Spot Bitcoin ETF Approvals: Cathie Wood's Perspective Cathie Wood, the CEO of Ark Investment Management, recently shared her insights on the potential approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). In an interview with CNBC, Wood discussed the significance of these ETFs and their impact on institutional investors.