After the 2024 Bitcoin halving Bitcoin will have a lower inflation rate than gold. Could Bitcoin finally become the ‘safe-haven’ it’s always promised to be? With only a couple of days to go until the 2024 Bitcoin halving, analysts are forecasting a significant shift in the cryptocurrency’s economic model. This shift will see Bitcoin’s inflation…
Upon news of the April 14th Iranian attack on Israel, Bitcoin prices swiftly fell over 7% in less than 40 minutes. While initial reactions to global crises are often sharply negative, historical trends suggest a consistent recovery pattern in financial markets following such events. Bitcoin has emerged as a major player in global finance. However,…
Hong Kong regulators are poised to greenlight spot Bitcoin exchange-traded funds (ETFs), with approvals expected as early as next week. If approved, Hong Kong would join Australia as one of the first jurisdictions in Asia to offer spot Bitcoin ETFs. The approval process has been expedited by Hong Kong regulators, as reported by Reuters. Among…
Currency exchange rate variations can complicate travel plans, especially when some countries don't offer fiat currency exchanges. Carrying an amount of cash also poses risks. Bitcoin offers the advantage of being converted through services almost anywhere. However it's crucial to maintain anonymity and exercise caution. This article will explain the significance of this practice. Provide…
The Bitcoin halving is expected as soon as next week. But a worsening macro climate, and uncertainty around whether the halving will be a sell-the-news event is playing on trader’s minds. Bitcoin is sitting at $69,764, after an unsuccessful attempt to push past the key $70,000 earlier in the week. The path ahead looks uncertain,…
Venture Capital (VC) firm Paradigm is leading a substantial $225 million funding round for a new Layer 1 (L1) network, that aims to compete with the Ethereum (ETH) blockchain. Other notable participants include VC firms Electric Capital and Greenoaks. According to a recent Fortune Magazine report, Monad Labs, the company behind the blockchain project, aims…
A US court has found Terraform Labs PTE Ltd. and its founder Do Kwon liable for defrauding investors in a multi-billion dollar crypto asset securities case. After a rigorous nine-day trial, a jury in the United States District Court for the Southern District of New York has delivered a verdict in the fraud case that…
SVET Markets Weekly Update — April 1st – 5th 2024 On Week 14 jobs data fluctuated, leaving analysts bewildered. Meanwhile, Fed officials added to the confusion with their mixed messages on rate cuts. Globally, tensions between aging world leaders led to a downturn in commodities such as oil, gold, silver, zinc, and aluminum. Additionally, food…
Dogecoin has always been a joke, but it’s a joke that keeps on giving. Despite being an eleven year old memecoin, Doge is one of the best performing major digital assets year to date (+93%), more people own Doge than at any other time, and Doge is dominating the crypto conversation thanks to the 2024…
If you have any experience with cryptocurrency, you will have probably heard about this Binance as it’s one of the largest and most popular crypto exchanges in the world – offering a range of services including spot, futures and margin trading. It also offers a wide range of features and tools that can help users…