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Currency

Abundance Comparison: How Much More Silver Than Gold Exists?

Mar 15 2024 @ 16:49
Forget diamonds; silver might be the real “precious” metal! While it may have the nickname “poor man’s gold,” silver boasts a surprising rarity that throws the current market value into question. Geologists estimate that a mere 19 ounces of silver exist in the Earth’s crust for every 1 ounce of gold. That disparity shrinks when […]
 

Evolve Markets Gets Ready to Close

Mar 12 2024 @ 05:20
After serving traders faithfully for seven years, Evolve Markets has announced that they will be shutting down their trading platform. While this news may be unexpected, they want users to know that their funds are safe. Important Information for Active Traders For those actively trading, it’s important to note a few key dates: March 13th: […]
 

Bybit Announces Redefined Crypto/Fiat Swaps with Zero Fees on Its P2P Platform

Mar 05 2024 @ 09:39
The company, which is ranked among the top three cryptocurrency exchanges globally, said that the new fee structure is a “game-changer” for the P2P market. Bybit stated that the policy applies to all fiat trading pairs and aims to strengthen its brand presence in the Malay market while reaffirming its commitment to safety and customer […]
 

German Authorities Confiscate €2 Billion in Bitcoins in Recent Police Operation

Jan 30 2024 @ 15:36
In a groundbreaking move, German law enforcement in the state of Saxony revealed on Tuesday that they have successfully confiscated nearly €2 billion ($2.17 billion) worth of bitcoins. The ongoing investigation involves two individuals, aged 40 and 37, suspected of operating a piracy website until 2013. Allegedly, the men used the proceeds from the illicit […]
 

MicroStrategy's Bold Bet: Putting It All on Bitcoin

Jan 29 2024 @ 12:29
MicroStrategy is a business intelligence software company known for analyzing and visualizing complex data. In the constant buzz surrounding MicroStrategy and Bitcoin, it’s easy to overlook its core identity as a thriving business. Behind the Bitcoin headlines, MicroStrategy stands as a leading creator of business intelligence software, empowering businesses to analyze and visualize...
 

Top 10 Artificial Intelligence (AI) Tokens of the Year

Jan 26 2024 @ 15:25
AI tokens are digital currencies designed to support AI-focused initiatives on blockchain platforms. Primarily, they serve as a means of exchange within AI (artificial intelligence) ecosystems, allowing users to pay for services and engage in platform activities. These tokens also play a vital role in governance, providing holders with decision-making rights to influence the project’s...
 

Understanding Bitcoin ETFs and Their Investment Strategies in 2024

Jan 22 2024 @ 12:33
The long-awaited approval, often deemed the ‘holy grail’ for institutional adoption, has its roots in the Winklevoss brothers’ 2013 application. After a rejection, it took eight years for the arrival of Bitcoin futures ETFs in October 2021, and now, with SEC approval, a whopping eleven spot Bitcoin ETFs are set to launch. Discover the significance […]
 

2024 Crypto Projections: Key Trends Shaping the Future of the Cryptocurrency Market

Jan 19 2024 @ 11:49
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...
 

GBP/USD Could Well Be in the Next Wave Down

Jan 19 2024 @ 06:00
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 Express Intent to Close Accounts Amidst Firm's Decision to Restrict Spot Bitcoin ETFs

Jan 15 2024 @ 06:27
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...
 
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