Author: finance

Renowned author and investor Robert Kiyosaki, famous for his work ‘Rich Dad Poor Dad’, has made tangibly clear his mistrust for Bitcoin Exchange-Traded Funds (ETFs). He disparages these investment tools as being an embodiment of the financial elite. His viewpoint, as expressed in an X post on March 1, leans towards the notion that Bitcoin ETFs are undermining the independent ethos of the cryptocurrency. Kiyosaki’s Perspective on Bitcoin ETFs Kiyosaki categorizes Bitcoin ETFs alongside gold and silver ETFs. His perspective is that these tools are simply the latest appendages of the alleged financial mechanism, which he has consistently criticized for…

Dawn broke on 2025 with Bitcoin’s performance in January appearing flat and uninspiring. A downward drift of about $92,000 in February signaled a hazy market trend for the rest of the upcoming month. In fact, Bitcoin was seen plunging below the $80,000 threshold, marking one of its most dismal dips in the month of February in recent years. Insights and dissections from industry pundits have been pouring in on this downturn, with crypto trading platform Coinbase’s analysts being the latest to share their take on Bitcoin’s February record. Analyzing The Factors Behind Bitcoin’s Weekly Decline Analysts David Han and David…

The world of cryptocurrency has been engaged in a tumultuous dance, with indicators pointing towards a notably bearish sentiment. A distinct climate of skepticism appears to have descended upon long-term investors, as highlighted by recent trends in capital movement on the market. The week ending February 26 represented a pivotal moment as cryptocurrency funds witnessed an outflow of $2.6 billion. A Record Outflow in Cryptocurrency According to The Kobeissi Letter, a renowned financial markets commentary platform, this outflow sets a new record, surpassing the previous one of $2.1 billion set at the end of last year by approximately $500 million.…

As the Bitcoin (BTC) market navigates a period of high volatility and bearish influences, blockchain analytics firm Glassnode presents a compelling investigation into investor behavior during this decline. With Bitcoin experiencing over a 15% drop in the last week, dipping to as low as $80,000, it is worth noting which investor segment has had to bear the brunt of the largest realized losses. Short-Term Bitcoin Holders Primarily Affected On February 28th, Bitcoin plummeted under $80,000, a price point last observed in November 2024. The market notched up realized losses amounting to $685 million in response to this plunge, adding to…

Dive into the world of meme coins – a niche crypto space that’s shaken things up with its unconventional appeal. These coins have officially been given a nod by the U.S. Securities and Exchange Commission (SEC) not as securities, but as collectibles. With the shadow of regulatory uncertainty lifted, meme coin enthusiasts have a reason to rejoice, and investors have an opportunity to capitalize on this volatile yet potentially rewarding sector with an index like Finances Zippy. The Impact of the SEC’s Classification of Meme Coins In the era of former SEC Chair Gary Gensler, the commission was notoriously stringent,…

As the world of cryptocurrencies continues to expand, a new piece of legislation is being introduced by policymakers in the United States. This proposed law aims to regulate the creation of digital currencies by politicians. The bill was brought to the forefront following the problematic journey of the TRUMP meme coin, a cryptocurrency associated with the former US President Donald Trump. The volatile price trajectory of the coin left many investors at a loss, sparking a discussion on whether politicians should have the right to create and endorse such financial assets. Examining the Rollercoaster Journey of TRUMP Coin A surge…

The cryptocurrency market has experienced a significant downturn in the past 24 hours, with Bitcoin leading the market’s decline. This article delves into detailed insights brought forward by on-chain data analysis of market trends and price predictions. The primary focus lies on the Bitcoin NVT Golden Cross and its current state in the oversold territory. Understanding the Bitcoin NVT Golden Cross CryptoQuant Quicktake recently shed light on a notable decrease in the Bitcoin NVT Golden Cross. The “Network Value to Transactions Ratio (NVT)” is an integral on-chain metric that evaluates Bitcoin’s market cap against its transaction volume. If this ratio…

Kicking off a wave of controversy, a developer linked to THORChain, identified as Pluto, has decided to relinquish his association with the decentralized liquidity protocol. This decision has been triggered by a contentious situation concerning transactions tied to North Korea. Despite the protocol validators’ initial decision to veto these problematic transactions, a surprising overturn of this decision has brought forward questions about THORChain’s governance and its ability to manage regulatory hurdles. Intense Debate and Increased Scrutiny A social media update served as Pluto’s public announcement of his resignation from THORChain. He mentioned that although he was stepping away, he would…

Opening our discussion today, we focus on a captivating perspective offered by Julien Bittel, Head of Macro Research at Global Market Investor. Following a significant price drop in Bitcoin over the past week, Bittel confidently anticipates a swift recovery. He establishes a connection between the recent value slump and the wider macroeconomic scenario, painting an optimistic picture of Bitcoin’s future trajectory. Deciphering Bitcoin’s Sharp Fall Below $80,000 and Anticipating Market Improvements The Bitcoin market witnessed a dramatic bearish price pattern in the past week, with values plummeting from over $96,000 to less than $80,000. In a post shared on February…

Taking a plunge into the current cryptocurrency legislature in Ukraine, recent discussions among lawmakers have shed a light on the ongoing debate regarding cryptocurrency taxation. As Ukraine accelerates its efforts to legalize digital assets within the country, the prospective bill might see a delay due to the ongoing considerations for lower tax rates on crypto income. Extended Timeline Predicted for Legalization of Cryptocurrency in Ukraine In a recently conducted interview, Taras Kozak, a key player within Ukraine’s securities regulator advisory group, expressed contrasting viewpoints with Danylo Hetmantsev, the committee head for Finance, Tax, and Customs Policy at the Verkhovna Rada.…