Siamak Masnavi

News Reporter

Siamak received his PhD in Computer Science from University of London in 1992. He is a freelance writer and software developer.

Articles by Author

Why BlackRock CEO Is ‘Very Bullish on the Long-Term Viability of Bitcoin’

In an interview with Fox Business on Wednesday, BlackRock CEO Larry Fink expressed his pleasant surprise at the outstanding performance of his firm’s spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT).  Fink mentioned that IBIT has become the fastest-growing ETF in history (with $13.5 billion in flows within its first 11 weeks of trading). The […]

BlackRock’s Ethereum-Powered Digital Money Market Fund Sees Over $240M in Its First Week

According to Bloomberg, BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), which was launched on March 20, has seen an influx of over $240 million. This tokenized fund, issued on the Ethereum blockchain, offers investments in cash, US Treasury bills, and repurchase agreements, issuing a cryptocurrency token, BUIDL, valued at $1 per token to represent share […]

Hashdex and Tidal Investments Launch Primarily Spot Bitcoin ETF (DEFI) on NYSE Arca

Hashdex Asset Management Ltd. (“Hashdex”) and Tidal Investments LLC (“Tidal”) have announced the conversion and renaming of the Hashdex Bitcoin Futures ETF to the Hashdex Bitcoin ETF (“DEFI”) (Ticker NYSE Arca: DEFI, CUSIP: 88634V100), as per a press release dated March 26, 2024. This strategic move allows the Fund to hold primarily spot Bitcoin and […]

HSBC Introduces Blockchain-Powered Tokenized Gold to Retail Banking in Hong Kong

In a landmark development for the financial industry, HSBC has introduced a groundbreaking service to its retail customers in Hong Kong, marking the bank’s foray into the fusion of digital and traditional assets. The South China Morning Post (SCMP) reports that HSBC has launched the HSBC Gold Token, a blockchain-based representation of physical gold, underscoring […]

WGC Market Strategist Explains Why Current Macro Economic Environment Favors Gold

On March 25, during an interview on CNBC’s “Closing Bell: Overtime,” Joe Cavatoni, Market Strategist at the World Gold Council (WGC), discussed the current prospects for gold investment, especially in light of the commodity nearing all-time highs. The conversation, led by co-anchor Jon Fortt, delved into the reasons behind gold’s appeal to investors, the impact […]

$ETH: Grayscale’s CLO Explains Why He Still Expects U.S. SEC to Approve Spot Ethereum ETFs

In a recent discourse on the social media platform X, Craig Salm, the Chief Legal Officer (CLO) of Grayscale Investments, shared his insights and optimism regarding the approval of spot Ethereum ETFs in the U.S., despite what many perceive as a lack of engagement from the U.S. SEC. Salm began the thread by addressing the […]

How SWIFT Plans to Maintain Its Dominance in the Face of Upcoming CBDCs

SWIFT, or the Society for Worldwide Interbank Financial Telecommunication, is a global messaging network used by banks and other financial institutions to securely transmit information and instructions through a standardized system of codes. Established in 1973 and headquartered in Belgium, it facilitates the vast majority of international wire transfers, making it a cornerstone of the […]

Floki ($FLOKI) Unveils 2024 Roadmap, Featuring Digital Banking and DeFi Integration

The team behind the meme-inspired cryptocurrency Floki (FLOKI) has released an extensive roadmap for 2024, outlining a series of developments designed to increase the token’s utility and expand its ecosystem. Floki ($FLOKI) started as a meme-inspired cryptocurrency based on Elon Musk’s Shiba Inu dog, quickly evolving into a comprehensive ecosystem backed by an engaged community. […]

ARK Invest CEO Cathie Wood Hails BTC as a ‘Financial Super Highway’ at Bitcoin Investor Day in New York City

DeFi Technologies subsidiary, Reflexivity Research, hosted its inaugural Bitcoin Investor Day in New York City on March 22, 2024. The event aimed to bridge the gap between traditional finance and the transformative power of Bitcoin. Anthony Pompliano, Reflexivity’s co-founder, moderated discussions featuring industry leaders like Cathie Wood, Anthony Scaramucci, and Mike Novogratz, who explored Bitcoin’s […]

BTC’s Million-Dollar Future? Unpacking SkyBridge Capital Founder’s Bitcoin Investor Day Insights

Reflexivity Research, a subsidiary of DeFi Technologies, held its first-ever Bitcoin Investor Day in New York City on 22 March 2024. The event sought to merge traditional financial principles with the innovative potential of Bitcoin. Hosted by Anthony Pompliano, the co-founder of Reflexivity, the conference featured prominent discussions about the role of Bitcoin in both […]

Goldman Sachs on Crypto: ‘Many of Our Largest Clients Are Active or Exploring Getting Active in the Space’

BNN Bloomberg is a Canadian business and financial news channel born from a partnership between Bell Media and Bloomberg Media. It offers live market coverage, breaking news, expert interviews, and economic analysis, making it the go-to source for investors, business leaders, and anyone seeking to stay informed about the financial world. Beyond television, BNN Bloomberg’s […]

Bloomberg: Crypto Companies Hiring Again Amidst Market Recovery

In a recent article for Bloomberg News, Olga Kharif reports a promising turnaround in the crypto job market. Kharif points out that after a prolonged downturn, companies like Coinbase, Kraken, Binance, and even traditional finance giants like Fidelity are actively hiring. This resurgence, she believes, is fueled by Bitcoin’s rally and renewed retail investor interest […]

Navigating Bitcoin’s Wild Ride: Marathon Digital’s CEO Unveils Strategic Vision

On March 22, Fred Thiel, the CEO of Marathon Digital Holdings (NASDAQ: MARA), joined CNBC’s ‘Closing Bell Overtime’ to discuss with co-anchor Morgan Brennan the nuances of Bitcoin’s recent performance, including its volatility, and delve into the evolving dynamics of Bitcoin mining and its energy requirements. Fred Thiel began by addressing Bitcoin’s dramatic recent rally, […]

Ethereum Weathers the Storm: On-Chain Analysis by IntoTheBlock Suggests Resilience Amidst FUD

In the March 22nd issue of his firm’s “On-Chain Insights” newsletter, Lucas Outumuro, Head of Research at crypto analytics firm IntoTheBlock (ITB), dives into the recent criticism and scepticism surrounding Ethereum (ETH). He addresses concerns about ETH’s price performance and perceived regulatory threats, counterbalancing them with on-chain metrics that point to continued growth and bullish […]

SEC Chair Gary Gensler Calls Out Crypto Firms Seeking to Avoid Disclosure Requirements

In his prepared remarks for the Columbia Law School conference, U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler emphasized the importance of mandatory disclosure in protecting investors and promoting market efficiency, especially in the context of cryptocurrency markets. Gensler began his speech by expressing his personal views, which do not necessarily represent those of […]

Bitcoin’s Sharp Correction Raises Concerns Over Market Optimism and Spot ETF Inflows: JPMorgan Analysis

In a tumultuous week for cryptocurrency markets, the price of Bitcoin (BTC) experienced a significant correction, plummeting by over 15% before staging a rebound following the Federal Open Market Committee (FOMC) meeting on Wednesday. However, as an article by Will Canny for CoinDesk pointed out earlierntoday, JPMorgan (JPM) analysts caution that the sell-off may not […]

Solana ($SOL) Seeing Record-Breaking User Engagement: “Highest Number of Daily Active Users” That “We’ve Ever Seen”

On March 21, Austin Federa, Head of Strategy at Solana Foundation gave an insightful interview on CNBC, discussing the state of the cryptocurrency market, developer activity on blockchain platforms, and the future of the industry. Solana Foundation is a non-profit organization dedicated to supporting and growing the Solana blockchain ecosystem. They focus on enhancing the […]

Floki and TokenFi Score Big, Becoming Official Crypto Partners for World Table Tennis Champions Event in South Korea

Floki ($FLOKI) and TokenFi, a platform within the Floki ecosystem, have been announced as the official cryptocurrency partners for the upcoming WTT Champions Incheon 2024 event in South Korea. This partnership represents a continued push by the Floki project to leverage sporting events for brand awareness. Floki ($FLOKI) began as a meme coin inspired by […]

Coinbase Bets Big on Dogecoin ($DOGE) Futures, Defying Memecoin Origins

Coinbase has announced plans to launch cash-settled futures contract products for Dogecoin, Litecoin, and Bitcoin Cash as early as April 1, 2024. The announcement, made through three separate letters to the United States Commodity Futures Trading Commission (CFTC) on March 7, highlights Coinbase’s belief in Dogecoin’s “enduring popularity” and its transcendence from a mere meme […]

Stablecoin Market Explodes With Tether (USDT) Market Cap Surging Past $100 Billion: CCData

CCData has released the March 2024 edition of its “Stablecoins & CBDCs Report.” CCData is a leading company specializing in digital asset data and index solutions. They collect and aggregate vast amounts of pricing data on cryptocurrencies from various exchanges and sources, meticulously cleaning and standardizing it for use by institutions and retail investors. CCData […]

Kraken Launches Qualified Custody Solution for Crypto in the U.S. via Its State-Chartered Bank

On 20 March, Kraken Institutional announced the rollout of its qualified custody solution, Kraken Custody, via Kraken Financial, signalling a significant enhancement in security and services for institutional clients in the cryptocurrency sector. As a part of one of the most secure and longest-standing cryptocurrency exchanges, Kraken Financial, is now authorized to offer digital asset […]

The World’s Largest Asset Manager Is Using Ethereum to Power Its First Tokenized Fund

In an innovative move marking its first foray into blockchain-based financial products, BlackRock has introduced the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), according to a press release from 20 March 2024. This groundbreaking tokenized fund, issued on the Ethereum blockchain, aims to provide qualified investors with the ability to earn US dollar yields by […]

The Top 4 Reasons for the Crypto Market Crash (Or Correction), According to Prominent Analyst Alex Krüger

Amidst a turbulent week for cryptocurrencies, macro-economist Alex Krüger has provided a crucial breakdown of the factors leading to the market’s downturn. With a significant decline in Bitcoin’s value leading the charge, the cryptocurrency landscape has seen a ripple effect, impacting a broad spectrum of digital currencies. Here, we delve into Krüger’s analysis, enriched with […]

If You Want Bitcoin’s Huge Upside, You Gotta Accept Its Volatility, Says Pompliano

On March 19, Anthony Pompliano, the founder of Pomp Investments, appeared on Bloomberg TV’s “Bloomberg Crypto,” hosted by Sonali Basak and Tim Stenovec, to share his insights on Bitcoin’s recent price correction, which has seen the flagship cryptocurrency fall below $63,000. TradingView data shows that Bitcoin prices peaked at $73,794 on the Bitstamp exchange on […]

$BTC: Galaxy Digital’s Global Head of Trading Explains Rationale for His $125K Price Forecast for Bitcoin

In recent weeks, the cryptocurrency community has witnessed Bitcoin’s thrilling ascent to new all-time highs, only to see it retreat below the $63,000 mark. According to data from TradingView, although the Bitcoin price got as high as $73,794 on crypto exchange Bitstamp on March 14, it fell to as low as $61,447 yesterday. This rollercoaster […]

Coinbase CEO Brian Armstrong Explains What Crypto Is Good For

In a blog post published on March 19, Brian Armstrong, the Co-Founder and CEO of Coinbase, challenges the prevalent skepticism surrounding the utility of cryptocurrencies. Armstrong confronts the narrative that crypto’s only purposes are speculation and illicit activity, saying that over 50 million Americans and 400 million people globally have engaged with crypto, with illicit […]

The Three Main Drivers Behind Huge Popularity of US Spot Bitcoin ETFs, According to BlackRock

The cryptocurrency market is witnessing a transformative era with the launch of US-listed spot Bitcoin ETFs, heralding a significant shift in how investors engage with Bitcoin. According to a report by Tim Copeland for The Block, earlier today, BlackRock’s Global Head of Digital Asset Transformation, Tony Ashraf, highlighted the crucial role these ETFs are playing […]

Grayscale’s Spot Bitcoin ETF Experiences Record Outflows, Causing BTC Price to Fall Below $65,000

Grayscale’s spot Bitcoin ETF saw an unprecedented outflow of more than $640 million on March 18. This marks the largest single-day outflow since the fund’s conversion from a closed-end fund to a spot ETF on January 11. According to data from Farside Investors, Grayscale’s Bitcoin ETF experienced a staggering $642.5 million in outflows on March […]

$ADA: EMURGO Invests in NMKR to Drive Adoption of Cardano’s Web3 Ecosystem

EMURGO has strategically invested in NMKR, aiming to accelerate the adoption of Cardano’s Web3 ecosystem, as announced in a recent press release. This move is anticipated to support NMKR in its endeavors to scale its business operations, including the development of a new tokenization launchpad and enhancement of its tokenization tools. EMURGO is a global […]

Standard Chartered Foresees Bitcoin Soaring to $150K by Year End and Ethereum Surging to $14K by End of 2025

Standard Chartered has made headlines with its latest investment note, significantly adjusting its year-end Bitcoin (BTC) price forecast from $100,000 to an astounding $150,000. According to a report published by CoinDesk, citing “an emailed investment note” sent out earlier today, this revision reflects the bank’s growing optimism about Bitcoin’s value trajectory, further predicting that BTC […]

Bitcoin Boom: Coinbase Research Dives Into Spot ETFs, Miners, and MicroStrategy’s Wild Ride

In a recent LinkedIn post, David Duong, Head of Institutional Research at Coinbase, offers a window into the performance of various Bitcoin investment strategies following the launch of ten spot Bitcoin ETFs in the United States on Janaury 11. According to Duong, investing directly in Bitcoin, with reference to the CME Bitcoin Reference Rate NY, […]

Bloomberg Analyst on Why He Is ‘Pessimistic Re Spot ETH ETF Approval Chances’

In a recent development, two Democratic Senators, Jack Reed (D-R.I.) and Laphonza Butler (D-CA), have urged the U.S. Securities and Exchange Commission (SEC) to halt the approval of any further crypto exchange-traded products (ETPs). The Senators expressed their concerns in a letter addressed to SEC Chair Gary Gensler, citing risks associated with poor broker disclosure […]

How Ethereum’s Dencun Upgrade Could Vastly Increase Adoption of Ethereum, Explains Dragonfly Capital General Partner

On March 13, in an insightful segment on CNBC, Tom Schmidt, a general partner at Dragonfly Capital, a crypto venture capital and research firm, provided a deep dive into the nuances of Ethereum’s Dencun upgrade and its implications for scalability. Schmidt’s comprehensive analysis sheds light on the current state of the crypto market, particularly focusing […]

Gold Advocate Peter Schiff Finally Admits to Regretting Not Buying Bitcoin in 2010

Few voices on crypto Twitter have been as consistently bearish on Bitcoin as Peter Schiff. However, in a recent episode of Tom Bilyeu’s Impact Theory podcast, during a debate with former Goldman Sach executive and crypto investor Raoul Pal, Schiff shared a moment of reflection that caught the attention of crypto enthusiasts and skeptics alike. […]

Apple Vision Pro: Former Head of Oculus at Meta Says the ‘Hardware Bleeds Genius and Audacity’

Recently, Hugo Barra, a former head of Oculus at Meta (the parent company of Facebook), explained in detail what he thinks about Apple’s first spatial computer, the Vision Pro, which Apple unveiled on 5 June 2023. Hugo Barra is a well-known technology executive who has held leadership positions at several prominent companies in the tech […]

Coinbase Explains How It Keeps Digital Assets Safe

Alan Leung, the Chief Information Security Officer at Coinbase Custody, recently provided an in-depth look at the company’s approach to safeguarding digital assets. Leung, who brings a solid background in cybersecurity from his previous roles at Blue Cross Blue Shield and Citibank, has been a key figure in steering Coinbase Custody’s security direction since 2018. […]

Bitcoin Price Is Going to $1 Million by End of 2025, Predicts JAN3 CEO

Samson Mow, the CEO of crypto-focused technology firm JAN3, recently shared his forecast for Bitcoin’s future price on the “What Bitcoin Did” podcast. Samson Mow is a prominent figure in the cryptocurrency and blockchain industry, known for his expertise in the technological and economic facets of digital currencies. He has played key roles in several […]

$DOGE Price Surges After Tesla CEO Elon Musk Says “Dogecoin to the Moon”

On March 13, SpaceX and Tesla CEO Elon Musk talked about Bitcoin while visiting the Berlin Gigafactory. The Berlin Gigafactory is a massive manufacturing plant owned and operated by Tesla, located in Grünheide, near Berlin, Germany. This facility represents Tesla’s first major production hub in Europe and is primarily focused on building the popular electric […]

Bitcoin’s Outlook, Spot ETFs, and Crypto Regulation in the US: Grayscale’s Director of Research Weighs In

On March 12, 2024, during an appearance on Fox Business’s “The Claman Countdown,” Zach Pandl, Grayscale’s Managing Director of Research, provided insightful commentary on the current state of Bitcoin, spot Bitcoin ETFs, and the broader crypto market, highlighting a bullish outlook for the U.S. Bitcoin’s Rally and the Impact of Spot Bitcoin ETFs The host […]

CCData Breaks Down the Surge in Spot Crypto Trading Volumes in Its Latest Exchange Review Report

CCData, a global leader in digital asset data recognized for providing institutional and retail investors with high-quality real-time and historical data, has recently published its February 2024 Exchange Review. According to CCData, the report aims to capture the key developments within the cryptocurrency exchange market, focusing on exchange volumes, market segmentation, and analysis of Bitcoin […]

$ETH: Prominent Lawyer Jake Chervinsky’s Sobering Insight on the Spot Ethereum ETFs’ Rocky Road Ahead

In a post on social media platform X, dated 11 March 2024, Jake Chervinsky, Chief Legal Officer at Variant Investments, shared a candid analysis regarding the prospects of an Ethereum (ETH) Exchange-Traded Fund (ETF) being approved by the U.S. Securities and Exchange Commission (SEC). This comes after the watershed moment on 10 January 2024, when […]

With XRP Soaring During Crypto Market Rally, Ripple CEO Stresses Importance of ‘Real-World Utility’

Yesterday, in a post on social media platform X (formerly known as Twitter), Brad Garlinghouse, the CEO of Ripple, shared his thoughts on the current state of the cryptocurrency market. Garlinghouse, who has experienced multiple cycles of “crypto is back,” emphasized the importance of real-world utility accompanying the current bullish sentiment. Garlinghouse’s comments come amidst […]

JPMorgan CEO Jamie Dimon Urges the U.S. Central Bank to Delay Rate Cuts, Defends Right to Buy Bitcoin

Earlier today, Jamie Dimon, Chairman and CEO of JPMorgan Chase, shared his thoughts on the Federal Reserve’s potential interest rate cuts, the state of the U.S. economy, and his views on Bitcoin and artificial intelligence. While speaking at the Australian Financial Review business summit via livestream from New York on Tuesday, March 12, 2024, Dimon […]

Why MicroStrategy is All-In on Bitcoin: Michael Saylor Breaks It Down

On March 11, 2024, Michael Saylor, the Executive Chairman of MicroStrategy Inc. (NASDAQ: MSTR), appeared on CNBC’s “Squawk Box,” hosted by Andrew Ross Sorkin and Joe Kernen, to discuss the impressive trajectory of Bitcoin, its advantages over traditional gold, and the innovative investment strategies his company has employed to capitalize on Bitcoin’s potential. Bitcoin: The […]

BTC Breaks $70K: Morgan Creek Digital Co-Founder Jason Williams Sees Start of Bitcoin Price Discovery Era

Around 7:15 a.m. UTC on Monday, 11 March 2024, the Bitcoin price broke the $70,000 level for the first time, before continuing its rally past $71,000. At the time of writing (9:03 a.m. UTC) on crypto nexchange Bitstamp, Bitcoin is trading at around $71,198, up 1.87% in the past 24-hour period. Jason Williams is known […]

Bitwise CIO: Wealthy Crypto Investors Fuel Alt Coin Rally as Bitcoin Booms

In a recent thread on social media platform X (formerly known as Twitter), Matt Hougan, the Chief Investment Officer at Bitwise Asset Management, shared his thoughts on the current state of the cryptocurrency market, focusing on the interplay between Bitcoin, alt coins, and the impact of US-listed spot Bitcoin Exchange-Traded Funds (ETFs). Before joining Bitwise, […]

$BTC: Early PayPal Investor Explains Why Bitcoin Price Could Reach $300K+

In a compelling appearance on CNBC’s “Squawk on the Street,” William Quigley talked about the intricacies of Bitcoin’s financial underpinnings and the evolving dynamics of institutional versus retail investment in the crypto market. William Quigley is an experienced venture capitalist with a deep focus on blockchain and cryptocurrency technologies. As the Managing Director of Magnetic, […]

When Asked if U.S. SEC Sees Ethereum (ETH) as a Security, Gary Gensler Refuses To Answer in Latest Interview

On March 6, U.S. SEC Chair Gary Gensler appeared on Bloomberg Television with hosts Kailey Leinz and Joe Mathieu. He shared his thoughts on the SEC’s initiatives on climate disclosure rules and the complex world of cryptocurrency regulation. The Evolution of Climate Disclosure Rules Gensler detailed the SEC’s adoption of a new climate-disclosure rule, emphasizing […]

Bitcoin AND Gold Soar: Is This a Market Turning Point?

In a remarkable turn of events, Bitcoin and gold have simultaneously reached record highs, sending conflicting signals about the global market’s risk appetite, as reported by Richard Henderson from Bloomberg News. This apparently marks the first time the two assets have concurrently hit all-time highs since Bitcoin’s emergence more than a decade ago. Traditionally, gold […]

Bitcoin Skyrockets: CME Group Unveils Three Powerful Catalysts Behind the Surge

On 5 March 2024, the day that the Bitcoin price reached a new all-time of $69,210 (on crypto exchange Bitstamp), CME Group released a video that examined the three key drivers behind this surge. CME Group (Chicago Mercantile Exchange Group) is a global markets company and the world’s largest financial derivatives exchange. It was formed […]

Bitcoin’s Future According to Mike Bucella: Clean Energy, Halving, and Mainstream Adoption

On March 5, 2024, Mike Bucella, the managing partner at Neoclassic Capital and former Goldman Sachs trader, shared his profound insights on CNBC’s “Power Lunch.” The conversation revolved around the ongoing Bitcoin surge and the broader state of cryptocurrency. Here’s a detailed analysis based on everything Bucella articulated during the segment. The Unchanging Nature of […]

“Bitcoin Is a 10x Improvement on Gold,” Claims Pomp Investments Founder; Yet, Its Market Cap Is Just 10% of Gold’s

In an appearance yesterday on CNBC’s “Squawk Box,” Anthony Pompliano, founder of Pomp Investments, discussed the current bitcoin rally, its potential heights, and the factors driving its ascent. Pompliano began by acknowledging Bitcoin’s return to record highs, a level not seen since a couple of years ago. He pointed out the importance of understanding the […]

Massive Interest in Spot Bitcoin ETFs Unveiled by CCData’s Latest DAMR Report: BlackRock & Fidelity at the Forefront

CCData serves as a leading provider of digital asset data and indices. They meticulously collect real-time and historical market data from a vast network of global cryptocurrency exchanges. This comprehensive data encompasses prices, trading volumes, order book information, and various other metrics crucial for understanding the ever-changing dynamics of numerous digital assets. CCData prioritizes the […]

Mark Cuban: “Bitcoin over Gold All Day, Every Day”; Peter Schiff: “This Shark Is Swimming in the Wrong Tank”

On March 4, in an interview with CNBC, billionaire Mark Cuban shared his thoughts on a wide range of topics, including crypto and gold. Cuban, known for his straightforward and candid opinions, talked about the complexities of the healthcare industry, the potential of cryptocurrencies like Bitcoin and Ethereum, and his vision for revolutionizing access to […]

‘Technically, Gold Just Looks Very, Very Good’, Says Felder Investment Research Founder As Price Surges Above $2,100

In a recent interview with Kitco News, Jesse Felder shared his thoughts on the current state of the gold market and the potential for significant gains in the coming years. As reported by Neils Christensen of Kitco News, Felder believes that gold’s technical and fundamental outlooks are both robust, setting the stage for the precious […]

A Bitcoin Supercycle Would ‘Change the Existing World Order’, Leading to ‘Potentially Millions of Dollars per BTC’, Says Global Investor

In a recent detailed post on social media platform XMarc van der Chijs, a renowned entrepreneur and venture capitalist, shared his increasingly bullish perspective on Bitcoin, foreseeing a potential supercycle in the cryptocurrency market. He co-founded Tudou.com, one of China’s largest video-sharing websites, which later merged with Youku.com to form one of the country’s most […]

Deribit’s Bitcoin Volatility Index Surges to 16-Month High: What It Means for BTC Investors

Deribit’s Bitcoin Volatility Index (DVOL), a measure of the 30-day implied volatility of Bitcoin options, has surged to a 16-month high, according to an article by Omkar Godbole for CoinDesk published earlier today. The index has risen from an annualized 41% to 76% in just one month, reaching its highest level since November 2022. This […]

$ETH Surges Above $3,500 As Ethereum Community Gets Ready for Dencun Upgrade

The upcoming “Dencun” hard fork marks a major milestone for Ethereum. Scheduled for 13 March 2024, this upgrade targets improvements across the entire network for better scalability, security, and overall user experience. A crucial aspect of Dencun is “proto-danksharding” (EIP-4844). This protocol change allows the network to handle more transactions at once by creating new […]

Half-In on Bitcoin: River Financial’s CEO Reveals Why 50% of Its Treasury Is Invested in BTC

Alexander Leishman, the co-founder and CEO of River Financial, is a prominent figure in the cryptocurrency landscape, particularly known for his contributions to making Bitcoin more accessible and understandable to investors. River Financial, under Leishman’s leadership, operates as a Bitcoin-centric financial institution, offering brokerage services that enable users to buy, sell, and securely hold Bitcoin. […]

Riot Platforms, a Leading Bitcoin Miner, Reveals Its 2023 Average Cost Per Bitcoin Was Just $7,539

Riot Platforms, Inc., formerly known as Riot Blockchain, is a publicly traded company (NASDAQ: RIOT) deeply involved in the cryptocurrency sector, with a particular emphasis on Bitcoin. Their core business centers around operating one of North America’s largest Bitcoin mining facilities based in Texas. To maximize mining efficiency, they develop and deploy their own specialized […]

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