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Bitcoin and Gold: An Unexpected Correlation
The year 2023 saw Bitcoin and gold demonstrate remarkable synchronized growth, despite rising interest rates worldwide. This event drew the focus of analysts, who are delving into why these two ideologically opposing assets have formed such a tight bond. What's behind this trend? The Journey to Bitcoin ETF Approval: A Detailed Look
"A journey that spanned a lifetime" – this phrase aptly encapsulates the saga of the spot Bitcoin ETF in the USA. The narrative is filled with initial applications, rejections, approvals abroad, legal tussles, forecasts, and ultimately, triumph. Let’s revisit this remarkable journey. BSV Price Doubles: What Are the Driving Factors Behind the Surge?
Bitcoin SV, the hard fork of Bitcoin Cash, diverged from the main network in 2018. Its value hovered between $150 and $250 for three years until it dipped below its historic low in November 2022. After 11 months of gradual build-up, BSV began an upward trend, which became more pronounced towards the end of the year.
Ophelia Snyder, co-founder of the cryptocurrency ETP provider 21Shares, believes that it will take several months to fully understand the impact of American Bitcoin ETFs on the market. This delay is attributed to the extensive approval processes required for these products to be available for purchase by different financial institutions, often taking up to 90 days. ETH and MATIC: Altcoin Analysis for January 11, 2024
Despite the SEC's official green light for spot Bitcoin ETFs yesterday, Bitcoin's response was muted compared to the movements of certain altcoins. Here’s an overview of the market situation for Ethereum (ETH) and Polygon (MATIC) on Thursday, January 11.
In El Salvador, only 12% of the population reportedly used Bitcoin for payments of goods and services in the past year, marking a 12.4% decline from the 2022 statistics. This information comes from a study conducted by the Central American University José Simeón Cañas, based on face-to-face interviews with 1,280 people. Gavin Andresen: The Guardian of the Bitcoin Alert Key
Gavin Andresen is a name that resonates with historical significance in the creation of the first cryptocurrency. Not only is he recognized as one of Bitcoin's original architects, but he's also believed to be the last individual to have received an email from the elusive Satoshi Nakamoto. What do we know about Andresen and his recent endeavors?
The South Korean government has expressed opposition to the approval of Bitcoin or any other cryptocurrency-based ETFs, in light of the recent shifts in the U.S. financial policy. This stance was articulated by a representative of the South Korean Financial Services Commission (FSC). 7 Strategies for Earning in a Bull Market
In the last quarter of 2023, various altcoins witnessed a surge of 300-400%, and Bitcoin firmly held its ground above the $40,000 level. With indications of a bull market, crypto enthusiasts are now pondering the best ways to profit. Such phases often bring increased liquidity to the market, creating ample opportunities. 









