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GBTC's Bitcoin Holdings Decline In the latest update, Grayscale's Bitcoin Trust (GBTC) has experienced a decrease in its bitcoin holdings. Over the past day, GBTC's holdings have decreased by 4,461.36 bitcoin, which is valued at approximately $190.53 million. Since January 12, 2024, GBTC has observed a cumulative reduction of about 124,967.54 bitcoin, equivalent to an […]

Bitcoin and Gold Price Appreciation Drive Tether's Financial Success In the fourth quarter of 2023, Tether Holdings Limited achieved an unprecedented milestone with a net profit of $2.85 billion. This remarkable achievement contributed to Tether's overall net profit of $6.2 billion for the year. Tether's secured loans, totaling $4.8 billion, were fully backed by excess

Introduction Bitcoin Magazine is thrilled to announce its partnership with Unchained, the leading provider of Bitcoin financial services. This collaboration designates Unchained as the official Collaborative Custody and IRA partner of Bitcoin Magazine in the United States. Together, we aim to revolutionize the way institutional and enterprise investors interact with Bitcoin and its derivatives. Overcoming

Introduction Gold is not only visually appealing, but it also serves as a reliable investment option, especially during economic downturns. If you prefer not to deal with physical gold bullion, gold mutual funds can be an excellent alternative. By pooling your money with other investors, you can gain access to larger amounts of gold, maximizing

Chinese Investors Flock to Gold Chinese investors are turning to gold as a safe haven investment, driven by the underperformance of traditional stock and property options. In 2023, China recorded the highest demand for gold in terms of jewelry and investment, according to the World Gold Council (WGC), which has helped keep gold prices above

Self-Directed Gold IRAs are a fantastic option to invest in gold without dealing with the hassles of purchasing physical bullion. This type of account permits investors to buy gold from the government directly and store it in their name. Although many prefer physically gold in their possession, everyone can get access to it. In addition

Introduction On Friday, the price of bitcoin experienced fluctuations within a daily range of $41,937 to $43,347, with its market value reaching $846 billion. The trading activity for the day amounted to $17.35 billion, indicating increased investor involvement and market liquidity, which tends to decrease as the weekend approaches. The Current Sentiment towards Bitcoin The

Revocation of License The Office of Foreign Assets Control (OFAC) has recently revoked the license of Minerven, the Venezuela-owned gold company, which allowed them to participate in gold transactions in international markets. The license had been eased in October, but it is now being reinstated on February 13. Additionally, oil and gas sanctions are expected

Introduction In our highly digitalized world, physical goods are still widely used to store value. Real estate is the most popular store of value globally, accounting for approximately 67% of global wealth. However, recent macroeconomic and geopolitical challenges have exposed the vulnerabilities of real estate as a physical store of value. The question arises: what

Larry David's Remorse Over FTX Super Bowl Ad At the premiere of "Curb Your Enthusiasm's" final season, Larry David expressed remorse for his participation in a Super Bowl commercial for FTX, reflecting on the decision as misguided after the cryptocurrency exchange's bankruptcy. The Creator of "Seinfeld" and "Curb Your Enthusiasm" Expresses Regret Larry David, the