Title: Unraveling the Enigma of bitcoin ETF Trading Volumes: A Deep Dive into Turnover Ratios The crypto community has been abuzz with excitement surrounding the new-age bitcoin Exchange-Traded Funds (ETFs) and their impressive trading volumes. However, Greg Cipolaro, the astute Head of Research at NYDIG, challenges us to delve deeper into this phenomenon and reconsider…
The Mobile World Congress 2024: A Global Gathering of Innovation, Collaboration, and “Future First” The much-anticipated Mobile World Congress (MWC) 2024 has commenced in Barcelona, Spain, marking the beginning of an exciting event in the world of mobile technology and innovation. This year’s MWC is driven by a renewed focus on fostering collaboration and embracing…
US Senators Take a Stand Against Federal Reserve’s Central Bank Digital Currency (CBDC): A new wave of opposition is brewing in the US political landscape as a bipartisan group of Senators, led by Texas Senator Ted Cruz and several Republican colleagues, are gearing up to challenge the Federal Reserve’s potential issuance of a Central Bank…
Title: Unraveling the Global Economic Impact of artificial intelligence: A New Era of Productivity and Growth ai’s Global Economical Impact: Pioneers, Laggards, and the Changing Landscape A recent study from Capital Economics sheds light on the far-reaching consequences of artificial intelligence (ai) on economies worldwide. Contrary to widespread belief, ai’s influence transcends individual corporations and…
ethereum’s Unprecedented Growth: Outshining bitcoin with a Massive 98% Yearly Gain The ethereum Revolution: ethereum has been making headlines lately, leaving bitcoin in the dust. With a staggering yearly gain of 98%, ethereum’s price surge is not just significant but unprecedented. A 42% increase this year alone has everyone in the crypto space buzzing with…
In an intriguing development for the cryptocurrency market, a recent study conducted by Bybit Research has shed light on a notable trend among institutional investors. This trend reveals that these investors have shown a distinct preference for ethereum (eth) over bitcoin (btc) in their investment portfolios, making up approximately 80% of their total cryptocurrency investments….
Title: ECB’s Challenging Road Ahead: Balancing Inflation and Economic Uncertainties with Lagarde and Stournaras at the Helm The contact Central Bank (ECB) is currently grappling with a complex web of economic issues, as highlighted by Governor Yannis Stournaras of the Bank of Greece. While the American Federal Reserve (Fed) may be dealing with a relatively…
Title: bitcoin Surges Past $54,000: A Wild Ride for Cryptocurrencies and Related Stocks In an exhilarating turn of events, the world’s largest cryptocurrency, bitcoin, experienced a significant surge on [current day], breaking through the crucial resistance level of $53,000 and touching a high of $54,585. This price point marks a 6% increase within a single…
On Monday, Judge Sean Lane granted the Securities and Exchange Commission (SEC) approval for its settlement with Genesis Global Capital LLC in a significant development for the ongoing legal proceedings concerning the bankrupt crypto lender. The agreed-upon terms, which came without opposition during the court hearing, may require Genesis to pay up to $21 million,…
Visualize this: The global economy is making an arduous attempt to recover from the economic malaise inflicted by the pandemic. Amidst this challenging landscape, the United States, with a spring in its step and a sense of unspoken advantage, continues to forge ahead. In contrast, Europe and other advanced economies seem to be wrestling with…
Nigeria’s Monumental Shift: From Fuel Subsidies to Market Dynamics The global spotlight has been shining bright on Nigeria, but unfortunately, not for reasons that would inspire a dance. After decades of enjoying some of the lowest petrol prices in the world due to substantial fuel subsidies, my beloved country decided to take a drastic step….
Lord Jacob Rothschild, a towering figure in the financial world and an esteemed member of the renowned Rothschild banking dynasty, passed away at the age of 87. Born into a lineage that has left an indelible mark on the global banking landscape, Rothschild’s illustrious career encompassed various sectors, including investment banking, the arts, and philanthropy….
The Central Bank Digital Currency (CBDC) debate has taken center stage in the political arena, with a coalition of Senate Republicans led by Sen. Ted Cruz taking a firm stance against the expansive powers of the Federal Reserve in its potential launch of a digital currency. This issue is of paramount importance as it sets…
Title: The Controversial Decision of OpenSea to Delist NFT Passes for OpenSeason: Navigating Regulatory Compliance and Decentralization in the Web3 Space OpenSea, the leading player in the NFT marketplace scene, has faced criticism recently following its decision to delist NFT passes for OpenSeason, a Web3 keyboards developed by Fractional Uprising Studios. This move has sparked…
bitcoin (btc), the pioneering cryptocurrency, presents a captivating narrative on its daily chart with potential for a significant surge towards the coveted $60,000 milestone. This bullish outlook stems from a technical formation known as a megaphone pattern, identified by esteemed crypto analyst Ali Martinez. The megaphone pattern, a renowned chart pattern in the financial markets,…
The BRICS alliance, comprised of Brazil, Russia, India, China, and South Africa, is reportedly delving into the potential development of an alternative currency to challenge the dominance of the US Dollar in international trade. This groundbreaking initiative seeks to promote the use of local currencies amongst BRICS members, thereby reducing their collective dependency on the…
Recent Findings from NYDIG Report: Trading Volume in bitcoin ETFs May Not Reflect Strong Investor Interest Unraveling the Misconceptions Surrounding Trading Volume in bitcoin ETFs In a recent report, NYDIG, a prominent financial services firm specializing in bitcoin, questioned the widely accepted notion that substantial trading volume in newly launched bitcoin Exchange-Traded Funds (ETFs) equates…
Recent Developments in the Crypto World: The United States Court of Appeals Upholds the Conviction of Randall Crater, Founder of My Big Coin Upholding a Controversial Conviction In an important decision that could set a significant legal precedent in the crypto industry, the United States Court of Appeals for the First Circuit recently upheld the…
Institutional Investment in Crypto Remains Robust: A Weekly Analysis The world of institutional investment in cryptocurrencies continues to show remarkable resilience, with the latest report by digital asset manager CoinShares revealing a fourth consecutive week of substantial inflows. According to the Digital Asset Fund Flows Weekly Report, institutional investors collectively infused an impressive $598 million…
Amidst the rapidly evolving digital landscape, the Financial Stability Board (FSB) is taking proactive measures to address the challenges posed by crypto assets. In a recent letter to G20 finance ministers and central bankers, FSB Chair Klaas Knot outlined the agency’s plans to focus on asset tokenization as part of its support for the G20…
