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The Growing Demand for Bitcoin Last week, I discussed the significant buying pressure on Bitcoin and the various sources of potential demand in the market. While Bitcoin ETFs, MicroStrategy's increased shares, Tether's constant buying, and the upcoming halving are expected to drive demand, there is another unexpected player entering the scene – China. The Changing […]

A recent survey conducted by cryptocurrency exchange Binance has revealed that 73% of European respondents are optimistic about the future of crypto. The survey, which included participants from France, Spain, Italy, and Sweden, aimed to gain insights into the crypto investing habits of European users. With a total of 10,498 participants, the survey results provide

NFT Market Faces Sharp Decline In the span between Jan. 20 to Jan. 27, 2024, there was a notable decline in the sales volume stemming from non-fungible tokens (NFTs), plunging 21.25% from the week before. The leading blockchains in seven-day sales, Ethereum and Bitcoin, experienced substantial decreases, ranging from 28.78% to 12.62%, respectively. Steepest Decline

Insights from Gareth Soloway In a recent interview with Gareth Soloway, the chief market strategist at verifiedinvesting.com, Soloway suggested that bitcoin might revisit the $15K level should a significant stock market sell-off occur. Soloway shared insights on his approach to analyzing various data sets for forecasting future trends and drawing conclusions. Bitcoin's Historical Trends Soloway

Vanguard, a prominent financial institution, has provided insights into its decision to exclude spot bitcoin exchange-traded funds (ETFs) from its trading platform. An executive from Vanguard emphasized that cryptocurrency is considered an "immature asset class" with no historical track record, intrinsic economic value, or cash flow, and has the potential to disrupt investment portfolios. Vanguard's

Analysts Predict Charles Schwab's Move to Shake Up Bitcoin ETF Arena In the aftermath of a remarkable 11-day period during which U.S.-based spot bitcoin exchange-traded funds (ETFs) accumulated a trading volume of $25.36 billion, discussions have arisen regarding the potential involvement of Charles Schwab, the American multinational financial services corporation. Eric Balchunas, Bloomberg's lead ETF

According to a new report, crypto enforcement actions by the U.S. Securities and Exchange Commission (SEC) reached a new high in 2023, with more than a 50% increase compared to the previous year. The SEC continues to prioritize cryptocurrency-related enforcement, bringing a total of 46 enforcement actions against various digital-asset market participants. SEC Prioritizes Crypto

Self-Directed gold IRAs are great as they let you invest in precious metals, without having to work with middlemen. Actually, these accounts are so simple that even your grandma could do it! When you buy physical gold, silver palladium, platinum and the rhodium coins, bars rounds and bullion, you get immediate liquidity. However, if you

Self-Directed Gold IRAs are fantastic because they allow you to put money into precious metals without needing to deal with any middlemen. They are so simple that even your grandma could do it! If you purchase physical silver, gold, platinum, palladium and the rhodium coins, bars rounds, and bullion, you will receive instant liquidity. If

Bitfarms, a bitcoin mining enterprise listed on the U.S. stock market, has announced the successful acquisition of a new site in Yguazu, Paraguay. The company plans to build a 100 megawatt (MW) mining facility at this location as part of its ambitious goal to increase its capacity to 21 exahash per second (EH/s) by the