Bookmarking Crypto Insights
Auto Added by WPeMatico
El Salvador president, Nayib Bukele, has affirmed that his country will not sell its bitcoin, emphasizing that “At the end 1 BTC = 1 BTC (this was true when the market price was low and it’s true now).” Bukele further shared: “Now that bitcoin’s market price is way up, if we were to sell, we … Read more
Blackrock’s spot bitcoin exchange-traded fund (ETF) has had a second consecutive record-breaking day with over $1.3 billion in trading volume. The world’s largest asset manager’s Ishares Bitcoin Trust (IBIT) also saw a record net inflow on Tuesday. The fund’s total bitcoin holdings have now surpassed 141K bitcoins. Another Record Day for Blackrock’s Bitcoin ETF Nine … Read more
Carson Group, an investment platform with $30 billion in assets under management, has reportedly approved four spot bitcoin exchange-traded funds (ETFs) on its platform. The approved funds include Blackrock’s Ishares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC). “We feel it is important to offer these products as a result of two of … Read more
Peter Schiff, a U.S. economist and gold advocate, has attributed the lacklustre performance of gold mining companies to the rising inflation rate, which contrasts with a largely static gold price. Schiff maintains that the U.S. inflation rate would have been even higher if the U.S. Federal Reserve had not increased interest rates. The economist also … Read more
2024 has unfolded as a flourishing year for bitcoin’s valuation, as its market capitalization breezed past the $1 trillion milestone, positioning the cryptocurrency as the world’s tenth-largest asset by overall market valuation. This uptick in price has significantly boosted the net worth of Bitcoin’s mysterious creator, Satoshi Nakamoto, elevating the value of the inventor’s holdings … Read more
In a candid interview about his past skepticism towards bitcoin, Chris Irons, also known as ‘Quoth the Raven,’ founder of Quoth The Raven Research, has taken on a transformative journey from doubt to belief in the leading digital currency. During an episode of the “What Bitcoin Did” podcast with Peter McCormack, Irons explains his newfound … Read more
The European Central Bank (ECB) has published a blog post claiming that “bitcoin has failed to fulfill its original promise to become a global decentralized digital currency.” The ECB economists who authored the post added that bitcoin’s fair value is still zero and bitcoin transactions are “still inconvenient, slow, and costly.” Moreover, they asserted that … Read more
Rich Dad Poor Dad author Robert Kiyosaki has explained what he will do if the price of bitcoin crashes. The famous author has been recommending bitcoin alongside gold and silver for quite some time, and he recently increased his bitcoin holdings following the approval of U.S. spot bitcoin exchange-traded funds (ETFs). Robert Kiyosaki: ‘Sale’ Is … Read more
This week, crypto enthusiasts and historians alike have found themselves enraptured by the wealth of newly released emails from Satoshi Nakamoto, uncovering the visionary’s early efforts with Bitcoin. Specifically, one email, identified as number #3, offers unparalleled glimpses into Nakamoto’s considerations regarding Bitcoin’s scalability, economic framework, and prospects. Emails Suggest Satoshi Nakamoto Was Quite Confident … Read more
U.S. presidential candidate and former President Donald Trump has acknowledged the growing popularity of bitcoin, stating that “a lot of people are doing it” and the crypto has taken on “a life of its own.” Trump further shared: “More and more I’m seeing people wanting to pay bitcoin and you’re seeing something that’s interesting so … Read more
