Author: John Smith
Bloomberg just launched two new investment indices that combine Bitcoin and Gold (BBIG and BBUG), making them among the first multi-asset indices to combine digital assets with traditional commodities. According to the Feb. 13 press announcement, Bloomberg just launched two composite Bitcoin and Gold investment indices. The BBIG is an equal-weighted Bitcoin and Gold index. The BBUG index also includes the U.S. Dollar for added protection. According to Bloomberg, customers can adjust and customize configuration weights of the indices. The idea behind these new indices is to balance Bitcoin’s growth potential with Gold’s stability. “As a key investment hurdle in…
Spot Bitcoin exchange-traded funds in the United States experienced their fourth consecutive day of outflows on Feb. 13, with a total loss of $156 million, primarily driven by withdrawals from Fidelity’s FBTC and ARK 21Shares’ ARKB. According to SoSoValue data, the 12 spot Bitcoin ETFs recorded $156.69 million in net outflows, representing a 37.6% drop from the $251.03 million in outflows recorded the previous day. Fidelity’s FBTC led outflows for the fourth consecutive day, with $94.46 million exiting the fund, followed by ARK 21Shares’ ARKB with $52.73 million. Additional outflows included: Bitwise’s BITB: $15.69 million Franklin Templeton’s EZBC: $8.35 million…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Dogecoin’s future remains uncertain, investors are eyeing Lightchain AI, which has raised $15.3m in its presale with AI-driven blockchain solutions. Dogecoin (DOGE) remains one of the most well-known cryptocurrencies, thanks to its strong community and historical price surges. However, recent market trends have left investors questioning whether now is the right time to buy or if newer projects with stronger fundamentals offer better opportunities. One such project making waves is Lightchain AI (LCAI), which is currently seeing strong…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As the crypto market gains momentum, investors are watching Solana, Polkadot, and BitLemons for potential breakout gains. As the crypto market shows signs of unprecedented momentum, savvy investors are positioning themselves for what could be the most explosive bull run yet. Expert analysis has identified three standout projects that are primed for astronomical gains: Solana (SOL), Polkadot (DOT), and the newcomer BitLemons (BLEM). While established players continue to break resistance levels, BLEM’s unique GambleFi protocol is disrupting the $450b…
A bill to establish a strategic crypto reserve has been introduced in Michigan, making it the 20th state to consider a digital currency-backed reserve. Presented by Representatives Bryan Posthumus and Ron Robinson on Feb. 13, House Bill 4087 proposes allowing the state treasurer to allocate up to 10% of both the state’s general fund and the economic stabilization fund for cryptocurrency investments. According to the bill, the state treasurer would be responsible for directly holding and managing any crypto investments using a “secure custody solution,” a “qualified custodian,” or an “exchange-traded product” from a regulated investment company. The bill also…
Shares of U.S. crypto exchange Coinbase jumped over 8% on Thursday after the company posted stronger-than-expected Q4 earnings. Cryptocurrency exchange Coinbase saw its shares jump 8.44% to $298.11 on Thursday, Feb. 13, after reporting its strongest quarterly revenue in three years. According to its Q4 2024 earnings report, Coinbase generated $2.3 billion in revenue, a 138% increase from 2023, beating the $1.88 billion estimate from LSEG analysts. Net income hit $1.3 billion, while earnings per share came in at $4.68, surpassing both the $2.11 forecast by FactSet and the $1.81 expected by LSEG. The exchange says its growth was due…
Estimated reading time: 17 minutes In this article, we will be talking about Bitcoin margin trading exchanges and their various features. Read our previous article to learn what is Margin trading? Summary (TL;DR) Bitcoin Margin trading implies trading on borrowed funds from a third party.An exchange lends you funds based on your chosen leverage, and you use them for trading.Binance provides services in isolated as well as cross-margin trading with a leverage of up to 10x.BYDFI works with isolated margin trading and provides services like a demo, TP ratio, SL ratio, and customizable UI.Kraken is a US-based beginner-friendly margin trading…
We’ve all heard of stories about how magical crypto trading bots are and how they can get you insanely huge profits with the least of hassle and bare minimum investment. Just to be clear, it isn’t entirely true or even that simple ever. But of course these three platforms (Botsfolio, Mudrex, Napbots) we’ll be talking about doing a pretty decent job of attempting just that: providing a reliable, trustworthy yet easy-to-use automated crypto trading bot service. Summary Botsfolio vs Mudrex vs Napbots Risk to Lose all Investment One unique part that Botsfolio has is its risk management intelligence. Depending upon…
The nature of the financial environment is rapidly changing. The purpose of advisors is no longer just investment management. For clients, it is crucial to have personalized financial plans that exactly follow their purposes and situations. Only with the right software can advisors meet the appropriate level of customer provision. Software helps overcome the logistical nightmare and, at the same time, introduces a new level of client involvement and optimal solutions. This article provides insight into the best financial planning software for advisors; hopefully, it will simplify the life of financial advisors. What is Financial Planning Software? At its core,…
BitKan is a leading cryptocurrency exchange with a track record of 8 years of stable and secure operations. Hence, in this BitKan review, we’d guide you through the platform and all of its features, including trading bots. Detailed Summary BitKan is a popular crypto exchange that was established in November 2012.Moreover, BitKan supports spot trading and also allows trading in futures. Apart from this, the platform also has its in-house crypto trading bot with various trading strategies to automate your trades.BitKan also hosts a news section on its official site consisting of all the latest news related to the crypto industry…