As people look for a stable way to enter into the crypto market, this gold-backed digital ecosystem with a crypto token and NFTs offers a solution. Gold, a precious metal known for its scarcity and durability, has been the primary store of value since ancient civilizations. For thousands of years, people prized gold in their…
Bitcoin’s price will increase 74.1% in the first year after spot Bitcoin exchange-traded funds (ETFs) are launched in the United States, according to estimates from crypto investment firm Galaxy Digital. In an Oct. 24 blog post, Galaxy Digital research associate Charles Yu estimated the total addressable market size for Bitcoin ETFs would be $14.4 trillion in the first…
Bitcoin market sentiment has returned to levels not seen since its price reached $69,000 in mid-November 2021, according to the Crypto Fear & Greed Index. The index is now at 72 out of a total possible score of 100, placing it within the “greed” ranking — a six-point increase from Oct. 24 and a 16-point bounce…