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A Growing Preference for Bitcoin Over Traditional Gold Investments ARK Invest's CEO Cathie Wood believes that there is a noticeable shift in investment trends, with investors increasingly favoring bitcoin over traditional gold investments. This shift has become particularly pronounced following the introduction of spot bitcoin exchange-traded funds (ETFs), which offer investors easier access to the […]

The Growing Interest in Bitcoin Over the past few years, there has been a subtle shift in social media conversations and mainstream media coverage surrounding Bitcoin. The once obscure cryptocurrency has now become a hot topic of discussion among Wall Street investors and the general public alike. People are no longer asking "What is Bitcoin?"

Rapid Ascent to the Top Blackrock's Ishares Bitcoin Trust (IBIT) has quickly climbed the ranks in the exchange-traded funds (ETFs) market, making it to the top five in terms of 2024 inflows within just 17 days. This impressive achievement highlights the growing interest of investors in cryptocurrency as a legitimate asset class. Impressive Performance in

Bitcoin Demonstrates Resilience in the Face of Market Fluctuations Bitcoin's price continues to demonstrate resilience in the face of market fluctuations, settling at $42,902 to $43,091 within the last hour, with a modest uptick of 0.4% in the last 24 hours. This week's growth of 0.7%, coupled with a 6.8% increase over the past two

After the release of Taproot Wizards' Quantum Cats non-fungible token (NFT) series, the secondary market has seen a significant increase in trading volume and a surge in the minimum value of the collection. Initially priced at 0.1 bitcoin each, the lowest value of Quantum Cats NFTs now hovers around 0.303 bitcoin or $13,062 per NFT.

Self-Directed Gold IRAs are a fantastic option to invest in gold, without having to deal problems associated with buying physical bullion. This type of account allows investors to buy gold straight from the federal government and store it under their name. Although many prefer to hold physical gold, not everyone can get access to it.

Investment Firm Paradigm Backs Kalshi in Legal Dispute Investment firm Paradigm has come forward to support prediction market platform Kalshi in its ongoing legal battle with the Commodity Futures Trading Commission (CFTC). The dispute centers around the CFTC's rejection of Kalshi's proposed market, which would enable participants to speculate on the outcome of U.S. Congressional

The Impact of Ordinals Protocol on Bitcoin Miners Bitcoin miners have faced abnormal circumstances in recent months due to the increased demand on Bitcoin's blockchain. The use of BRC-20s and image inscriptions, made possible by the Ordinals protocol, has contributed significantly to this demand. The protocol allows users to inscribe unique data on small denominations

Introduction The United States Securities and Exchange Commission (SEC) has announced another delay in its ruling on the proposed Invesco Galaxy Ethereum exchange-traded fund (ETF). The decision has been pushed back to potentially July 2024 after the SEC opened the proposal for public comments. Background Invesco and Galaxy Digital, two major investment firms, had submitted

Microstrategy Now Holds 190,000 Bitcoins Nasdaq-listed Microstrategy has increased its cryptocurrency holdings to 190,000 bitcoins, having acquired 31,755 additional coins since the end of the third quarter. The company now considers itself "the world's first Bitcoin development company," with a unique value proposition, even when compared to spot bitcoin exchange-traded funds (ETFs). Microstrategy detailed that