Major cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, experienced a dip on Sunday evening. This was largely due to market anxiety over the potential approval or denial of the United States’ first spot Bitcoin exchange-traded fund (ETF). Bitcoin, Ethereum, and Dogecoin saw decreases of -0.63%, -1.69%, and -3.36% respectively.Senior Bloomberg ETF analyst Eric Balchunas expects most […]
Argentina has been rocked by economic instability in recent years, with failed agreements with the IMF, capital controls, state price dictates, and expropriation of companies. Despite these challenges, Augusto Darget, a renowned investment banker from Buenos Aires, is optimistic about the prospects of the Buenos Aires stock exchange. He predicts that stocks will be significantly […]
The attractiveness of cryptocurrencies for investment purposes could be affected by changes in tax laws. At the same time, the number of coins that Spot-Bitcoin-ETFs would need to hold to be profitable could make them attractive targets for cybercriminals. Bitcoin and other cryptocurrencies rely on digital keys and internet-based storage and transmission. Major security breaches […]
The United States Securities and Exchange Commission (SEC) has reiterated its cautionary stance on FOMO crypto investing, just days before the expected approval of spot Bitcoin exchange-traded funds. The SEC’s Office of Investor Education posted a warning on X (formerly Twitter) on January 6, highlighting the risks associated with digital assets such as meme stocks, […]
Próspera, a special economic zone in Roatan, Honduras, has officially recognized Bitcoin as a unit of account less than two years after adopting it as legal tender. This means Bitcoin can now be used to measure the market value of goods and services in the area. The initiative was led by Jorge Colindres, the acting […]
On January 7, 2024, a significant drop in the value of Bitcoin (BTC) and Ethereum (ETH) has drawn the attention of large-scale cryptocurrency investors, commonly known as whales. Two such investors have capitalized on this dip, making substantial purchases of Wrapped Bitcoin (WBTC) and ETH, which many believe to be at their lowest point.The whale […]
