President of Bona Fide Wealth Characterizes Bitcoin as ‘Virtual Gold,’ Explores Clash Between Cryptocurrency Advocates and Conventional Financial Institutions Bona Fide Wealth President Defines Bitcoin as ‘Digital Gold,’ Discusses Showdown Between Crypto Natives and Traditional Finance

Douglas Boneparth, the president and founder of Bona Fide Wealth, recently articulated his perspective on bitcoin, describing it as a digital equivalent of gold or a store of value in the digital realm. In addition, Boneparth further highlighted the contrasts in approach between traditional trade finance behemoths such as Blackrock and Fidelity, and those more

Leia mais

21Shares president expressed that the launches of Spot Bitcoin ETFs ranked among the most successful ETF debuts in history. Spot Bitcoin ETFs were among best ETF launches of all time: 21Shares president

Ophelia Snyder, co-founder and president of 21Shares, called spot Bitcoin ETFs a success during an interview with Bloomberg on Jan. 30. 21Shares is responsible for a joint spot Bitcoin ETF with Ark Invest, one of several approved by the U.S. Securities and Exchange Commission (SEC) on Jan. 10. Snyder commented on those approvals, stating: “At
The post Spot Bitcoin ETFs were among best ETF launches of all time: 21Shares president appeared first on CryptoSlate.

Leia mais

VeChain: When is VET Expected to Reach Its Peak Price Again of $0.28? VeChain: When Will VET Reclaim Its All-Time High of $0.28?

VeChain (VET) is showing recovery signs after the recent crypto market sell-off. VET is up by almost 3%…

Leia mais

Comparing Marathon and Riot: Assessing the Actual Expense of Producing 1 Bitcoin Marathon vs Riot: Analyzing the true cost of mining 1 bitcoin

Bitcoin mining is the cornerstone of the crypto industry and the crypto market. At its core, the profitability of mining comes down to a single, crucial metric — the cost of producing each bitcoin. The importance of this cost becomes even greater when it comes to publicly traded Bitcoin mining companies, as it’s essentially what
The post Marathon vs Riot: Analyzing the true cost of mining 1 bitcoin appeared first on CryptoSlate.

Leia mais

Renowned expert Richard Bove declares the end of the US dollar’s reign as the global reserve currency, predicting that China will surpass the American economy. Famed Analyst Richard Bove Says US Dollar Is Finished as World’s Reserve Currency — Expects China to Overtake US Economy

Renowned financial analyst with over 54 years of experience, Richard Bove, has warned that the U.S. dollar is finished as the world’s reserve currency, cautioning that China will overtake the U.S. economy. He warned that the offshoring of American manufacturing poses a significant threat to the financial sector and the U.S. dollar. Richard Bove’s Economic

Leia mais

Rapid Decrease in Cryptocurrency Transactions Casts Doubts on Bitcoin Integration in El Salvador. Sharp Decline in Crypto Payments Puts El Salvador’s Bitcoin Adoption in Question

With only 1% of remittances made using crypto—a notable decline from the previous year—the nation’s bold Bitcoin initiative is falling flat.

Leia mais