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Search Results for: inflation

Quantity Funds Launches Innovative US-based Bitcoin and Gold ETF

The US-based Bitcoin and Gold Exchange-Traded Fund (ETF) is the latest offering by Quantity Funds, giving investors access to two distinct asset classes via one investment vehicle. Market gurus, such as Peter Schiff, are debating which of these assets is more valuable to investors, and this new information emerges at

October 17, 2024 2 mins read

Italy Plans to Raise Bitcoin Capital Gains Tax from 26% to 42%

As countries all over the world are mulling over imposing stringent digital currency regulations, Italy has decided to increase its capital gains tax on Bitcoin (BTC) from 26% to 42%. Vice Economy Minister Maurizio Leo announced this change during a press conference discussing the country’s budget for 2025.  This announcement

October 16, 2024 2 mins read

Truflation and Digital Asset Solutions Launch Tradable Meme Coin Index

Truflation, the leading provider of real-time financial data, and Digital Asset Solutions, the experts in financial solutions for the digital asset market, have announced the launch of its first Meme Coin Index. In addition to giving investors access to a diverse basket of meme coins, the index tracks the most well-known and significant meme coins

October 15, 2024 3 mins read

Metaplanet Shares Surge 16% After Major Bitcoin Acquisition

Shares in Japanese investment firm Metaplanet soared 15.7% on October 15, following the company’s announcement of its latest Bitcoin purchase. The firm confirmed it had acquired nearly 107 Bitcoin in a strategic move to diversify its investment portfolio, marking its continued interest in the digital asset space. Metaplanet’s decision to

October 15, 2024 2 mins read

BlackRock CEO Larry Fink Embraces Bitcoin as Core Asset

BlackRock CEO Larry Fink, during the Q3 2024 earnings call, described Bitcoin as a “core asset class,” signalling a major shift in the perception of cryptocurrencies by one of the largest asset managers in the world.  Bloomberg ETF analyst Eric Balchunas shared Fink’s full quote from the earnings call, where

October 15, 2024 2 mins read

Will Bitcoin Break Through $65K After Its Recent Surge?

The global cryptocurrency market saw a notable rebound early Saturday during Asian trading hours, recovering from previous lows with the total market cap rising approximately 2.92%. This surge was largely driven by Bitcoin (BTC), which displayed an uptick of 4.71%. In the last 24 hours, BTC’s price fluctuated from a

October 12, 2024 2 mins read

Worldcoin Announces Collaboration with Dune Analytics for World Chain

On Friday, Worldcoin announced a partnership with Dune Analytics to improve data accessibility and transparency on its Layer-2 blockchain, World Chain. Worldcoin said that the agreement will allow developers and consumers to examine important on-chain metric. Including the amount of human interaction with the chain, the efficiency of DeFi protocols

October 11, 2024 1 min read

Can Bitcoin Break Through the $62,000 Resistance Level?

The Bitcoin (BTC) price continued to dip, reaching as low as $58,895 before making an attempt to recover. At the time of writing, BTC is trading at $61,317 with a market cap of $1.21 trillion. The intraday high reached $61,437, but Bitcoin is finding it difficult to push above the

October 11, 2024 2 mins read