Currency

In 2024, Bitcoin’s value is anticipated to surge significantly, fueled by the approval of spot ETFs and an imminent halving event, which is promising increased investor interest. Meanwhile, Coinbase is poised for substantial revenue doubling, propelled by growing Bitcoin demand and heightened institutional adoption post-ETF approval. Ethereum’s potential growth lies in the EIP-4844...

The British pound finds itself in a tug-of-war, caught between rising inflation and a weakening economy, making its future path murky. Inflation, the beast currently plaguing the UK, could strengthen the pound by prompting the Bank of England to raise interest rates, attracting investors seeking higher returns. Annual inflation rate in the UK unexpectedly rose […]

Vanguard clients are reportedly looking to exit the platform following the asset manager’s decision not to facilitate the purchase of new spot Bitcoin ETFs. The company cited a misalignment with their traditional offerings, emphasizing their focus on asset classes like equities, bonds, and cash for a well-balanced, long-term investment portfolio. Citi, Merrill Lynch, Edward Jones...

Delving into the depths of history, the Mesopotamian Code of Hammurabi, a Babylonian legal document dating back to around 1760 BC, intriguingly omits the number 13 among its laws. Venturing into the realm of superstitions, those who harbor a fear of 13 are known as triskaidekaphobics. Notable figures like renowned horror novelist Stephen King and […]

In a surprising turn of events, the crypto market’s futures experienced a surge, resulting in the liquidation of approximately $155 million in short positions within just 24 hours, driven by an unexpected price increase during U.S. trading hours. In the last 24 hours, those speculating against a rise in bitcoin (BTC) faced losses exceeding $100 […]

While mutual funds remain a fundamental investment choice for many traditional finance investors, the crypto market has yet to witness widespread adoption of such vehicles. Presently, the U.S. boasts only one crypto mutual fund, prompting investors seeking comparable options to consider alternatives. Notable among these are: Bitcoin Strategy ProFund (BTCFX), a groundbreaking initiative...

In December, the bitcoin mining sector experienced a peak in monthly earnings, accumulating a staggering $1.51 billion. Moreover, the month set a new benchmark in onchain transaction fees, with miners earning a notable $324.83 million from fees alone. In December 2023, bitcoin (BTC) miners achieved a milestone in monthly earnings, reaching a total of $1.51 […]

In 2023 alone, Bitcoin miners amassed revenues exceeding $10 billion, adding to a cumulative $57 billion earned over the previous 15 years. In 2023, according to Coinmetrics data, Bitcoin (BTC) miners averaged a daily transaction fee revenue of $2 million, marking a fourfold rise from the previous year’s figures. Annual Growth in Bitcoin Miner Revenues […]

Safeguarding crypto holdings poses a significant dilemma for investors. While self-storage is an option, the complexities of managing cold wallets make it less appealing. A more convenient and secure alternative lies in entrusting your investments to a crypto custodian. Functioning akin to a bank, a custodian offers essential features such as robust wallet security and […]

In a pivotal development, Changpeng ‘CZ’ Zhao, the visionary founder of Binance, has resigned from his position as CEO, marking a consequential milestone in the aftermath of a substantial $4 billion settlement brokered with various United States regulatory agencies. The joint announcement by Zhao and multiple regulatory bodies on Tuesday not only signifies a decisive […]