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…
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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…
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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…
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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…
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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…
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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…
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BitIRA is thrilled to announce a new agreement with Galaxy Digital, one of the world’s leading cryptocurrency exchange partners with access to more than 100 cryptocurrencies. Founded in 2018 at the forefront of the cryptocurrency boom, Galaxy provides its clients with access to seamless 24/7 liquidity, world-class security, and the stability of an established public…
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Everywhere you look in the global market, the signs are clear – economies around the world are looking to dedollarize in the face of the declining value of the U.S. dollar, which will only further decrease the worth of America’s national currency. But it’s not just other nations that are considering financial alternatives, it’s people…
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How many times have you heard a story about a cryptocurrency investor who went in big hoping to capitalize on the short term – even going so far as to borrow money to invest more in crypto – and then came out with big losses? It’s a story told often because short term investors are…
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While some may look at the SEC’s recent delay of a decision on the ARK 21Shares Bitcoin ETF from November 11 to January 10, 2024 as an indicator that the regulatory body is once again hampering progress on crypto adoption, it ultimately means something much more important: regulations are coming, and they will be both…
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