Tag: finance
Comparing Solana and Ethereum: Key Metrics Analysis 2023-2024
Solana's SOL has made significant progress in narrowing the discount it trades at compared to Ethereum's ether (ETH) over the past two years. Despite starting at a 97% discount in January 2023, the current...
Short-Term BTC Movement to Exchanges Signals Local Bottom: Van Straten
Bitcoin has been experiencing a lot of volatility recently, with the price dropping from nearly $100,000 to almost $90,000 in a 10% correction. This has led to short-term holders, those who have held bitcoin...
Achieving Homeownership Dreams: How Crypto Windfalls Are Helping Low-Income Americans
Low-income Americans are turning their crypto windfalls into opportunities for homeownership, according to a recent report from the Office of Financial Research. The report shows that in areas where a high percentage of households...
Ethereum Price Analysis: Bullish Signs for ETH in the Future
Ethereum, a popular cryptocurrency, has been showing signs of bullish momentum in the market despite negative sentiment on social media. Recent data indicates a surge in open interest in futures contracts, activity in the...
Bitcoin Bull Losing Steam Leads to Aussie-Yen Dip: Risk Aversion Ahead
Bitcoin's bullish momentum has hit a snag this week, mainly due to weaker demand in the United States. This has led to a dip in the Australian dollar-Japanese yen exchange rate, known as the...
Can Crypto Gains Help Poor People Buy Homes? Treasury Research Reveals Risks
The U.S. Treasury Department's Office of Financial Research recently released a paper discussing the impact of crypto investing on lower-income Americans' ability to purchase homes. The research revealed that the rise in cryptocurrency investment...
Cryptocurrency Market Update: Bitcoin (BTC) Drops 2.5% and Ether (ETH) Falls 4.7%
Bitcoin and Ether, two of the most popular cryptocurrencies, experienced a slight dip in their prices according to the latest market update. Bitcoin dropped by 2.5%, while Ether fell by 4.7%. The overall market...
Bitcoin Price Plunge: Thanksgiving Massacre Repeat?
Bitcoin's price has taken a sharp dip recently, reminiscent of the Thanksgiving 'Massacre' that occurred in 2020. Back then, in just over 24 hours, Bitcoin plummeted by 17%. This year, on November 26, 2024,...
Institutional Capital Driving Crypto Rally: Bitfinex Insights
The recent surge in the crypto market, reaching a new all-time high of nearly $3.5 trillion, has been primarily driven by institutional capital flowing into Bitcoin and altcoins. According to Bitfinex insights, the influx...
Leveraging Bitcoin for Pension Fund Growth and Loan Portfolio Expansion
Newmarket Capital recently made headlines by finalizing a unique loan that combines traditional real estate financing with Bitcoin collateral. This innovative approach to lending, as reported on CNBC's "Squawk Box," allows for increased security...