2023 Sets the Stage for 2024’s Crypto Super Cycle In the rearview mirror, 2023 will be noted as a milestone year for cryptocurrency, not just for its banner surges that led to Bitcoin being up 172%, but for laying fundamental foundations in the eyes of investors to stabilize the industry going forward. Yes, there have been…
The more people know about crypto, the more they are interested in investing in it – and with 40% of Americans now saying they have or will be adding it to their portfolios, it’s clear the word is getting out. When combined with the 42 countries who have passed or discussed crypto legislation this year, it’s easy to see…
In a major win for cryptocurrency and its investors, the U.S. Financial Accounting Standards Board (FASB) announced on December 13 that cryptocurrency holdings will have Fair Accounting Value starting next year. This means that companies with cryptocurrency holdings will have their assets reflected accurately – and further signifies that crypto’s legitimacy is increasing in leaps and…
For some, dedollarization is the talk of the town as the failure of fiat currencies becomes increasingly obvious due to runaway inflation and cryptocurrencies continue to gain steam. Not everyone sees it that way, however. Brian Armstrong, CEO of Coinbase and prominent crypto thought leader, sees cryptocurrency (Bitcoin in particular) as key to stabilizing the dollar and…
In a step forward for Ripple and for the cryptocurrency industry in general, XRP has been named as a preferred investment choice by the Basel Committee on Banking Supervision (BCBS). The BCBS confirmed XRP’s standing as the third-largest altcoin, constituting 2% of the total $10.2 billion banks have invested in the sector. Put another way, 19 banks across…
In the biggest landslide victory in an Argentinian election since 1973, self-described anarcho-capitalist Javier Milei has been declared the country’s new president. It’s a big deal for Argentina, where residents are struggling with inflation rates in excess of 140%, and it’s a big deal for cryptocurrency, as Milei is not shy about sharing his dismay…
Even as cryptocurrency is being targeted for investigation as a method of fundraising for Hamas and criminal groups, U.S. policymakers are clearly indicating a desire to protect cryptocurrency as an emerging industry. While it is true that cryptocurrency can be and has been used by harmful actors, it’s a small fraction of the overall usage of…
Right now. Right now is the best time to get into cryptocurrency. Over the past few months, we’ve seen sign after sign that cryptocurrency is poised to boom in a way that it’s never done before. It’s not just the one and a half year high that Bitcoin’s suddenly hit, nor is it just the impending approval…
Following a turbulent stretch made more difficult by the SEC’s legal aggression and the lack of clear regulations around the cryptocurrency market, all signs are pointing to a pending crypto spring. Bitcoin is leading the charge, pushing up over $35,000 for the first time in 18 months, while Ethereum can now be found across 100…
The cryptocurrency market surged this week as speculation over the pending approval of a Bitcoin-based ETF propelled Bitcoin’s value to its highest figure since June 2022. The 6% gain saw Bitcoin reaching just over $35,000, or almost twice what it started the year with. While certainly a volatile asset subject to dips and bounces, Bitcoin’s steady…
