Author name: Peter

Avalanche Foundation to Invest in Meme Coins The Avalanche Foundation, a leading institution that funds avalanche initiatives, has recently announced its decision to invest in meme coins. This strategic move is part of the foundation's efforts to explore new opportunities and expand its investment portfolio. Investment Strategy and Selection Criteria The selection of meme coins […]

Anticipation for Spot Bitcoin ETFs Grows The U.S. Securities and Exchange Commission (SEC) is expected to make a decision on the approval of spot bitcoin exchange-traded funds (ETFs) this week, according to a report. Last week, several prominent asset managers updated their filings with the SEC, intensifying the anticipation for the first-ever U.S. spot bitcoin

A Significant Drop in NFT Sales in 2023 Recent statistics reveal that non-fungible token (NFT) sales in 2023 reached $8.70 billion. However, this figure represents a substantial decrease of $15.04 billion or 63.35% compared to the previous year, 2022. A Closer Look at NFT Sales in 2023 Despite a surge in demand towards the end

Trump's Concerns About the Economy Former U.S. President Donald Trump has raised concerns about the state of the U.S. economy if he is not reelected in the upcoming presidential election. He took to his social media platform, Truth Social, to express his worries. According to Trump, the economy is in a terrible condition, and inflation

Introduction The director of digital assets strategy at Vaneck, Gabor Gurbacs, has shed light on the long-term impact of spot bitcoin exchange-traded funds (ETFs). He argues that, once the U.S. Securities and Exchange Commission (SEC) approves a spot bitcoin ETF, bitcoin's price trajectory could mimic that of gold after 2004, but at an accelerated pace.

Self-Directed Gold IRAs can be a fantastic way to invest in gold without dealing difficulties associated with purchasing physical bullion. This type of account permits investors to buy gold from the government directly and store it in their own name. Although many prefer to hold tangible gold items, all has access to it. In addition

Introduction Stelian Balta, the billionaire and co-founder of Hyperchain Capital, a digital asset management firm, believes that bitcoin, despite its volatility, is an asset that can diversify and align investment portfolios with digital trends. Balta suggests that the high-return possibilities of the top crypto asset make it an intriguing option for national and corporate financial

Potential for a Price Rise Bitcoin has experienced a remarkable surge of over 150% in 2023, captivating the attention of Wall Street. This has sparked a race among firms to launch the first-ever Bitcoin exchange-traded fund (ETF). All eyes are now on the upcoming decision by the U.S. Securities and Exchange Commission (SEC) regarding the

Crypto Economy Climbs to $1.74 Trillion; Bitcoin Hits $45K in ETF Speculation and Pre-Halving Optimism The digital currency market has surged to a valuation of $1.74 trillion in the past 24 hours, with bitcoin climbing above the $45K threshold. Over the recent day, the market experienced a 4.65% increase in comparison to the U.S. dollar,

Bitcoin Faces Challenging Market Terrain on 15th Anniversary In the wake of bitcoin's 15th anniversary, the cryptocurrency behemoth confronts a challenging market terrain, as its price dipped 6.7% to prices between $42,350 to $42,619 amidst swirling rumors of spot bitcoin exchange-traded fund (ETF) rejections. Bitcoin Price Analysis The past day saw bitcoin's price range fluctuate