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Bitwise Asset Management believes that “bitcoin is in a raging bull market” in the long term. Its chief executive anticipates the upcoming bitcoin halving to be “the most impactful we’ve seen.” The firm’s chief investment officer explained that global wealth managers allocating just 1% of their portfolios to bitcoin would mean about $1 trillion of […]
Rich Dad Poor Dad author Robert Kiyosaki has urged investors to ditch the U.S. dollar and buy bitcoin alongside gold and silver. He warned that “baby boomers’ retirements are going broke as paper assets crash.” The famous author stressed: “I do not trust anything that can be printed.” Robert Kiyosaki’s Latest Warnings and Advice The […]
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has significantly increased its bitcoin holdings, which have now surpassed 252,011 BTC, representing an approximate notional value of $18 billion. This substantial increase reflects a stronger-than-anticipated influx of retail investor demand, exceeding even the CEO’s initial expectations. Blackrock CEO Larry Fink: ‘I’m Pleasantly Surprised’ […]
In a recent analysis, economist Peter Schiff draws stark comparisons between the current U.S. economic optimism and the prelude to the 2008 financial crisis. Schiff, leveraging his expertise, warns of impending financial turmoil, emphasizing the critical role of money supply in understanding economic health. Peter Schiff Warns: U.S. Economy on the Brink, Echoes of 2008 […]
Sales of non-fungible tokens (NFTs) have dipped once more, marking the third consecutive week of decline, with a 14.97% decrease compared to the previous week. Leading the charge in this week’s sales from March 23 to March 30, Bitcoin NFT transactions amassed $82.61 million, despite experiencing a 3.8% drop from the previous week’s figures. Despite […]
This week, the crypto asset dogwifhat (WIF), a meme coin, ascended to the third-highest valuation among all meme tokens. In the last day, WIF appreciated by 17% against the U.S. dollar and saw a 435% increase over the past 30 days. WIF Surpasses Major Competitors, Securing Third Spot Among Meme Coins In the recent week, […]
On Friday, March 29, 2024, an early bitcoin enthusiast who acquired their holdings in 2012 transferred 100 bitcoins, valued at approximately $6.98 million, at block height 836,813. Roughly 42 blocks later, at block height 836,855, another individual, or possibly the same entity, relocated 500 bitcoins from a wallet established on July 13, 2012, now estimated […]
This week, the value of gold soared to an unprecedented peak, hitting $2,233 per troy ounce as of March 29. In contrast, silver has not exhibited the same level of brilliance, with its value standing at $24.97 per troy ounce, a significant 91% decline from its all-time high of $47.91 on March 31, 2011. Gold […]
On Friday, the Avalanche-based options protocol, Arrow Markets, unveiled its successful $4 million Series A fundraising initiative. The global project aiming to “revolutionize crypto options trading” garners support from prominent backers including Framework Ventures, Delphi Ventures, and the Avalanche Blizzard ecosystem fund. Crypto Options Platform Arrow Markets Bags $4M in Funding Arrow Markets, an options […]