Author: finance

Diving into the world of blockchain technology, Binance Academy, the open-access education wing of Binance, in partnership with Amazon Web Services, Inc. (AWS), has rolled out a groundbreaking online course titled “AWS Blockchain Node Runners for BNB Chain”. This news was revealed to Finbold on Monday, January 27. The digital course, which takes a concise 15 minutes to complete, offers practical guidance on how to deploy BNB Chain nodes using AWS Blockchain Node Runners. This open-source initiative has transformed the way blockchain nodes are deployed and managed on AWS, thanks to its user-friendly blueprints. Target Audience and Course Implications Designed…

The innovative Web3 non-custodial wallet, Bitget Wallet, has recently outlined its strategic plan for 2025 surrounding payment finance (PayFi). As reported to Finbold on Monday, January 27, this strategy aims to marry blockchain technology with real-world transactions. Bitget Wallet’s strategic move emerges as decentralized finance (DeFi) and cryptocurrency payments are fast gaining traction in the financial mainstream. The goal? To alter the way individuals manage their assets, transforming cryptocurrency from a speculative investment into a tangible financial asset for everyday transactions. Swift Glimpse into Bitget’s PayFi Strategy The intriguing aspect of Bitget’s PayFi strategy is its holistic design. The idea…

In the ever-evolving world of cryptocurrencies, Solana has emerged as a significant contender. Its decentralized applications, often referred to as dApps, recently accounted for a remarkable 73.3% of income generated by crypto apps in a single day. This development not only indicates a shift in market competition but also underscores the strengthening ecosystem of Solana which is gaining the attention of both users and developers. Gaining Ground in the Crypto Realm A record-breaking event unfolded on January 21, 2025, when decentralized applications on Solana’s platform generated an all-time high in revenues. Ethereum has been a long-standing leader in the world…

Diving into the dynamic world of cryptocurrency, Ethereum (ETH) has emerged as the market sensation — experiencing a nearly 6% gain that has driven its value to a riveting $3,400. Seeing its market cap soars to a staggering $409.77 billion, the burgeoning interest of traders and institutions alike have started to mark Ethereum’s potential for the future. Powered by sophisticated AI analytics, intriguing forecasts predict the potential trajectory of Ethereum’s short-term prospects by January 31, 2025. A Glimpse into Ethereum’s Future: Expert Price Predictions In predicting the potential price evolution of ETH, AI-powered analytics present a multifaceted image. Analysis drawn…

In the face of growing regulatory scrutiny on cryptocurrency transactions, particularly in the U.S., investors are turning their attention to solutions that offer greater autonomy. Centralized exchanges (CEXs), now facing an obligation to report crypto transactions for tax purposes, have left many investors on edge – even Bitcoin-stacked giants like MicroStrategy may be feeling the pressure. The repeal of SAB 121, which compelled crypto custody platforms to separate assets from liabilities, threatens to further complicate the landscape. As these restrictions tighten, decentralized platforms are emerging as a sanctuary for those seeking increased self-direction. If you’re keen on exploring the cutting…

Diving into the intriguing world of cryptocurrency, we find ourselves faced with an intriguing revelation from David Bailey, the CEO of BTC Inc. Bailey recently had a private phone conversation with former US President, Donald Trump, pertaining to the future of Bitcoin. This revelation sparked a flurry of discussions within the cryptocurrency community, especially considering Trump’s evolving perspective on digital currencies and his recent decision to pardon Ross Ulbricht, adding a new layer of complexity to the conversation. Enthusiastic Bitcoin Endorsement by Trump Bailey shared details of his conversation with the former President on a popular social media platform, revealing…

Opening our discussion is none other than Robert Kiyosaki, the acclaimed author of ‘Rich Dad Poor Dad.’ In his recent discourse, he ratified his inclination towards unconventional investment avenues such as Bitcoin (BTC), gold, and silver. He argued that these alternatives are gradually revealing the vulnerabilities in the U.S. dollar. To substantiate his assertion, Kiyosaki invoked two pivotal economic theories ━ Gresham’s Law and Metcalfe’s Law in a post on January 25. He underscored how Bitcoin is encroaching on a more pronounced role in the financial paradigm. Understanding Kiyosaki’s Position Exploring Gresham’s Law ━ the concept that “inferior money crowds…

As we venture into 2025, Bitcoin (BTC) is experiencing unprecedented price fluctuations, thereby creating a sense of suspense among its investors. The leading cryptocurrency is presently hovering just below $105,000, a mark which holds a lot of significance. The potential for a breakout is palpable, indicating the possible resurgence of the crypto bull run. However, it is equally vital for the market bulls to prevent any further decline to certain critical price zones. Significance of $97,877 for Bitcoin’s Bullish Trend In the aftermath of a notable price correction in December 2024, Bitcoin seems to have bounced back with increased vigor…

The past week was a definite rollercoaster ride for Bitcoin (BTC), as it set a new record high of over $109,000, coinciding with billionaire Republican Donald Trump taking office as the 46th US President. Although the foremost cryptocurrency has since taken a downturn, sliding below the $105,000 mark, present indicators suggest that the market retains a bullish structure, evidenced by significant profitability among Bitcoin holders, which reduces the likelihood of bearish sentiment taking root. Profitability among Bitcoin Holders: A 70% Upsurge for Long-Term Investors The profitability of holders of a particular asset, gauged according to their realized price or average…

In the world of cryptocurrency, XRP has shown unwavering stability whilst seemingly losing momentum in its trajectory towards the elusive $4 mark. Despite this, an intriguing technical setup underlines the potential for a significant 200% surge. A key indicator, the Fibonacci extension tool, forecasts a bullish outcome, where XRP could potentially soar to a $9 value. This brave prediction comes as the asset looks to rebound from a protracted period of consolidation below the $1 benchmark. This perspective comes from an analysis shared by renowned crypto analyst, The Great Mattsby, on January 25. Predicting XRP’s Future Trajectory It’s important to…