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On October 24, 2023, bitcoin (BTC) witnessed an impressive 13% surge during the early morning trading hours, Eastern Time (ET). This surge propelled bitcoin's value to $35,108 per unit, resulting in a significant boost for the entire cryptocurrency market, which surged by over 10%. As the market soared, traders who had bet against crypto assets […]

Bitcoin Futures Market Gains Momentum The open interest (OI) in Bitcoin futures has experienced a significant surge in the past 24 hours, with CME Group's OI reaching an impressive milestone of 100,000 bitcoins, equivalent to $3.4 billion. This surge is not limited to CME Group; platforms such as Binance, Deribit, Bitget, and Okx are also

Introduction Robert Kiyosaki, the renowned author of the best-selling book Rich Dad Poor Dad, has recently shared his investment strategy, highlighting its differences from the approach favored by investing legend Warren Buffett. In this article, we will delve into Kiyosaki's investment philosophy and compare it to Buffett's value investing strategy. Robert Kiyosaki's Investment Approach Kiyosaki

The Constitutional Framework In recent weeks, there has been speculation that President Nayib Bukele of Bitcoin Country, El Salvador, will step down from his current role in order to pursue a second term in office. This move, however, depends on obtaining a special license from the Salvadoran Legislative Assembly, which requires three-quarters approval from the

Dogecoin (DOGE) Dogecoin experienced a significant rise of over 10% at the beginning of the week, demonstrating the overall bullish sentiment in the cryptocurrency market. The global market cap for cryptocurrencies has also increased by 2.34% at the time of writing, coinciding with a surge in global stock indices. Notably, Dogecoin broke through a key

Worldcoin Updates Token Supply and Loan Agreements Worldcoin, a project that utilizes iris biometrics for creating a unique human identity database, announced on Sunday that it is making changes to the distribution of its circulating WLD token supply and its market maker loan agreements. The project, which was launched in July, will reduce the loan

Mexican billionaire Ricardo Salinas believes that bitcoin can serve as a safeguard against inflation tax, as the cryptocurrency cannot be debased. In an interview with Bitcoin Magazine, Salinas emphasized that people's savings are being taken away without their knowledge or consent. He described the debasement of currency as a deceptive tactic employed by fraudsters to

A Brief History of Abraxas Abraxas, a darknet marketplace, launched on December 13, 2014, around the same time as other notorious platforms like Alphabay and Agora. However, it exit scammed less than a year later, in November 2015, leaving its customers and vendors high and dry. The stolen bitcoins from Abraxas, which were worth approximately

Former FTX Lawyer Uncovers Shocking Transfers Former general counsel of FTX, Can Sun, testified in federal court on Thursday, shedding light on the secret transfers made by FTX founder Sam Bankman-Fried (SBF). Sun expressed his shock upon discovering that billions of dollars in customer funds had been secretly transferred to SBF's hedge fund, Alameda Research.

SEC Drops Charges Against Ripple Executives In a significant development, the U.S. Securities and Exchange Commission (SEC) has dismissed all charges against Ripple's CEO Brad Garlinghouse and co-founder Chris Larsen. Ripple's chief legal officer stated that this move by the SEC signifies a surrender rather than a settlement. The SEC's decision comes after pursuing a