Author name: Peter

As of now, the cryptocurrency market is valued at $1.42 trillion, with bitcoin (BTC) holding 49.9% of the total market cap. This week, both bitcoin and ethereum had relatively stagnant performance in terms of percentage changes, while several other digital currencies outperformed the top two. Notably, BONK and TAO saw significant gains of 136% and […]

Many collectors can’t resist the allure of a rare and valuable coin. While most risk-averse gold investors will simply buy standard or well-known coins, rare coin enthusiasts typically hunt for unique, historical, or limited-edition coins to enhance their portfolios. Such coins are often worth a fortune, and finding one is like hitting the jackpot for

Introduction On Monday, November 20, 2023, bitcoin (BTC) is navigating slightly above the $37K mark, kicking off the week. Over the last day, BTC's price has fluctuated from $36,441 to $37,516 per unit. Currently, bitcoin trades are generating a global trading volume of $15.55 billion. Bitcoin's Technical Indicators In the midst of a fluctuating cryptocurrency

FTT Records Colossal Gains Over the Past Fortnight The exchange token FTT, originally launched by the now defunct cryptocurrency trading platform FTX, has experienced an impressive surge in value over the past two weeks, surpassing the $3 per unit mark. Despite the challenges faced by FTX and its founder Sam Bankman-Fried, including fraud conviction and

Introduction Javier Milei, a libertarian economist and self-proclaimed anarcho-capitalist, has secured a majority of the popular vote, defeating his opponent Sergio Massa, to become Argentina's newly elected president. With a strong belief in dismantling the political "caste" that he holds responsible for the nation's failures, Milei aims to revolutionize Argentina's economic landscape by advocating for

The Rise in Gold Holdings Aerdt Houben, Director of Financial Markets for the Dutch Central Bank (DNB), has recently discussed the increase in gold holdings by the bank and its potential use as a backstop in the event of a financial collapse scenario. Houben acknowledged that the Netherlands, along with other European central banks, has

Introduction The U.S. Securities and Exchange Commission (SEC) has recently announced a delay in its decision regarding the Global X Bitcoin Trust's application to list a spot bitcoin exchange-traded fund (ETF). This delay, which took place on November 17, 2023, adds to the ongoing uncertainty surrounding the spot bitcoin ETF space. The Global X Bitcoin

Decrease in Value of Privacy Cryptocurrencies In 2023, various sectors within the cryptocurrency market have experienced gains. However, the performance of leading privacy-centric crypto tokens has lagged behind their counterparts. Over the last ten months, the market value of the privacy cryptocurrency sector has diminished by $440 million, marking a notable downturn. Market Value Decline

SEC's Advice Regarding Spot Bitcoin ETFs The Securities and Exchange Commission (SEC) has reportedly provided specific guidance to exchanges seeking to list and trade spot bitcoin exchange-traded funds (ETFs) on what they should do next. This development brings optimism for spot bitcoin ETF approval by the SEC. Engagement with Exchanges According to Bloomberg ETF analyst

Introduction The National Pension Service of South Korea, the world's third-largest pension fund, has made its first entry into the cryptocurrency sector. According to regulatory filings with the U.S. Securities and Exchange Commission (SEC), the pension fund purchased 282,673 shares of Coinbase Global in the third quarter of 2023. This significant transaction, valued at approximately