Author name: Peter

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

Bitcoin Witnesses Notable Price Swing Between November 16 and 17, 2023, bitcoin (BTC) experienced a significant shift in value, with its price swinging from $35,579 to $37,904 within a 24-hour period. Currently, the market activity has stabilized, and bitcoin is trading at $36,387 per unit. Bitcoin's Current Market Position On November 17, 2023, bitcoin (BTC)

Ethereum's Market Behavior and Recent Decline Ethereum (ETH), the second-largest cryptocurrency by market capitalization, experienced a downturn on Friday, dropping 4.7% against the U.S. dollar. Over the previous week, it has seen a decline of 6.6% in its value. The trading dynamics on November 17, 2023, showcased a complex blend of factors influencing ethereum's market

Star Atlas, the trailblazer in merging gaming and blockchain, has achieved a significant milestone with the listing of its ATLAS token on LBank. This move not only signifies a new chapter in its journey but has also sparked a surge in market interest, resulting in a 60% increase in ATLAS's value. This growth reflects the

Introduction A member of the German Bundestag, Joana Cotar, has recently expressed her support for recognizing Bitcoin as a legal tender in Germany. In an exclusive interview with Cointelegraph, Cotar emphasized the need for a legal framework to ensure the acceptance of Bitcoin as a legitimate form of payment in the country. Recognizing Bitcoin as