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Arthur Hayes, renowned cryptocurrency market analyst and former CEO of Bitmex, has expressed concerns over the potential success of an upcoming spot bitcoin ETF and its impact on the future of the cryptocurrency. According to Hayes, the widespread adoption of these ETF derivatives could lead to the consolidation of bitcoin custody in the hands of […]

The Rise of Cryptocurrencies in 2023 This year has been nothing short of remarkable for the cryptocurrency market, with its total value skyrocketing from $827 billion in December 2022 to a staggering $1.736 trillion today. Within this period, numerous cryptocurrencies have experienced significant growth. Let's delve into the top performers and underperformers of the crypto

Bitcoin, the leading cryptocurrency, has established its supremacy over Ethereum in various significant aspects in the past year. Since the beginning of the year until now, the value of ether has experienced a decline of 27.65% compared to bitcoin's price, dropping from 0.073 ether to its current level of 0.052 ether. Bitcoin's Superiority in 2023:

Analysts Predict Sky-High Bitcoin Prices in 2024, While Some Projections Are More Grounded As the year 2023 comes to a close, Bitcoin has witnessed a staggering 165% surge since January, igniting a flurry of forecasts for its value in 2024. Renowned luminaries, visionaries, speculators, and market players are predicting that the leading cryptocurrency will continue

Introduction The Bitmap Theory initiative, launched just last summer, is swiftly gathering momentum. Its objective is to integrate a digital realm, often referred to as the metaverse, within the Bitcoin blockchain. Through the innovative use of Ordinal inscription technology, Bitmap enables individuals to claim ownership of segments of the Bitcoin blockchain. Currently, Bitmap boasts a

Satsback Labs, the company behind the popular European Bitcoin-back shopping rewards platform, Satsback.com, has expanded its services to the United States market. This move aims to revolutionize the American shopping experience by offering consumers nationwide the opportunity to earn Bitcoin rewards while shopping online for their essentials. A Revolutionary Shopping Experience Satsback.com has already established

Paxos Set to Launch Stablecoin on Solana, Expanding USDP Reach in Crypto Market Paxos, the tokenization and stablecoin platform, has announced its intention to expand its stablecoin issuance to the Solana blockchain. The company, which currently oversees the pax dollar (USDP), plans to make Solana-issued USDP available to the public from January 17, 2024. This

A Promising Outlook for Bitcoin and Crypto Assets As the year 2024 draws near, market strategists at Bitfinex have expressed their optimism for bitcoin (BTC) and crypto assets in general. Despite facing regulatory and reputational challenges, these assets have proven their resilience. Bitfinex analysts believe that the crypto market is currently experiencing a cycle of

Bank of China Completes First Cross Borders Precious Gold Transaction With Digital Yuan The Bank of China's Shanghai branch has achieved a significant milestone by completing the first settlement of precious metals using the digital yuan. Local media reports confirm that the transaction, which took place on December 19, enabled the Shanghai Gold Exchange to

Self-Directed Gold IRAs are a fantastic option to invest in gold without having to deal difficulties associated with buying physical bullion. This type of account permits investors to purchase bullion directly through the state and store it under their name. Although many prefer to hold physically gold in their possession, everyone has access to it.