crypto ira

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

The Advantages of Tokenized Real-World Assets According to Zaid Ismail, the COO of Mintlayer, tokenized real-world assets (RWA) have distinct advantages over traditional exchange-traded funds (ETFs). Unlike ETFs, tokenized RWAs allow for trading around the clock, providing enhanced liquidity and global accessibility. These blockchain-based digital tokens also offer real-time transactions, increased transparency, reduced costs, and

Self-DirectedGold IRAs are fantastic as they let you put money into precious metals, without having to engage any middlemen. These accounts are so simple that your grandmother could manage it! When you buy physical gold, silver, palladium, platinum and bar, rounds and bullion, you’ll get immediate liquidity. But if you want diversify your portfolio by

Self-Directed gold IRAs are great because they let you place your money in the precious metals without needing to engage any middlemen. They are so simple that your grandmother could use them! If you purchase physical silver, gold, platinum, palladium and the rhodium coins, bars rounds and bullion, you’ll get instant liquidity. If you’re looking

In a recent interview, Rachel Aguirre, the head of product for Blackrock's Ishares U.S., discussed the significant inflows seen by the firm's new spot bitcoin exchange-traded fund (ETF), known as IBIT. Aguirre emphasized that the IBIT ETF has attracted a diverse group of investors, including retail investors, self-directed investors, and those who were ready to