Diana Mondino, Argentina's Minister of Foreign Affairs, International Trade, and Worship, has asserted that a recently passed decree legalizing the use of certain currencies in contracts and for payments applies to Bitcoin (BTC) and other cryptocurrencies. In a December 21 post on Twitter, Mondino stated that the "Bases for the Reconstruction of the Argentine Economy" decree,...
Which has grown faster in 2023, the price of bitcoin or of ETFs investing in cryptocurrency-related equities? If you guessed bitcoin, you’d be like many other investors, but also wrong. While the potential launch of a spot bitcoin ETF has held the attention of investors in 2023, crypto stocks have quietly outperformed the popular cryptocurrency itself, as well as...
There's a good reason the myth of the crypto millionaire exists. According to the latest Crypto Wealth Report, there are more than 88,000 people around the world who have become crypto millionaires. And (perhaps no surprise here) the one crypto that is responsible for 40,500 of those millionaires is Bitcoin (CRYPTO: BTC). While it's certainly no...
Buoyed by the continuing uptrend in the crypto market, the stock of cryptocurrency exchange Coinbase Global (NASDAQ: COIN) is up a head-spinning 375% this year. Largely, this has been due to improving sentiment about crypto in general, and what that means for trading volume on the Coinbase trading platform. It's not rocket science: The more...
After a brutal year-long bear market, it looks like crypto may have turned a corner. The total crypto market cap has nearly doubled in 2023, adding much-needed optimism that seemed all but gone in the crypto winter. With exuberance back in full swing, many investors might wonder if Shiba Inu (CRYPTO: SHIB) can ride this momentum and return to...
Looking back at 2023, a key development has been the resurgence of the cryptocurrency market. The industry's current valuation of over $1.6 trillion is about 100% higher than it was nearly 12 months ago. Unsurprisingly, the most valuable digital asset, Bitcoin (CRYPTO: BTC), has also benefited tremendously. But bigger gains could be on the horizon. Even though Bitcoin has climbed 154%...
Even with the sharp run-up in crypto prices this year, it's still possible to find top cryptocurrencies trading for less than $1. In fact, six of the top 20 cryptos, as ranked by market capitalization, are still available for less than a buck as we head into 2024. But are any of these bargain-priced cryptos really...
After tumbling 65% in 2022, Bitcoin (CRYPTO: BTC) has been a monumental winner this year. The world's leading digital asset has skyrocketed about 160% in 2023, a gain that beats the stock market's gains by a huge margin. As of this writing, this top cryptocurrency's price sits at about $43,700. However, I believe there's a very real possibility that it...
From the end of 2021 into mid-2022, the money faucet for crypto projects was on full blast. Startups raised $10.7 billion in the first quarter of 2022 alone, according to Crunchbase. But that stream turned to a trickle in 2023, as crypto founders raised approximately $6.7 billion across all four quarters. A regulatory crackdown from the U.S....
SEOUL: It reads like a K-drama plot: an ex-spy kidnaps a woman from an upscale district of Seoul over a crypto dispute, then kills her with drugs from a plastic surgery clinic. The case of purported spy-turned-hitman Lee Kyung-woo, who was sentenced to life in prison in October, has shocked South Korea, a safe and almost drug-free...
