With the dynamism in the financial sector, young adults have demonstrated a growing interest in crypto assets. In a recent study by Policygenius Financial Planning Survey, the American Generation Z and millennials have shifted their focus to crypto investment.  The research demonstrated that young people prefer crypto to traditional financial assets such as stocks. On the contrary, researchers noted that the older generation invested more in stock than in crypto.  Young Generation Invests More in Crypto Than Stock The study was conducted between October 16 to 19 to examine the crypto ..read more

Following the court ruling on the Sam Bankman Fried case, the defence lawyers plan to challenge Judge Lewis Kaplan’s decision. On Thursday, April 11, the legal team representing SBF filed an appeal notice seeking to challenge their client’s conviction on seven charges.  Also, the defence team will appeal the 25-year sentencing of SBF. The filing was submitted by the renowned attorney Alexandra Shapiro at the US Southern District Court.  Legal Team Representing Former FTX Boss Seeks to Appeal Shapiro lodged his filing weeks after Judge Kaplan ordered Bankman Fried to be arrested for 2 ..read more

In its advanced announcement, the renowned Web infrastructure and crypto mining hardware development company Auradine announced the successful completion of an $80 million funding round. The April 10 series B funding round was led by fast-paced crypto and fintech companies.  The participants included Celesta Capital, Marathon Digital Holdings, StepStone Group, Mayfield Fund and MVP Ventures. Other active participants were Maverick Capital and Top Tier Capital partners. The Auradine team described the Series B funding as an overbooked event with over $200 million in bookings.  Auradin ..read more

In its Monday update, the renowned crypto firm Hashkey revealed plans to launch HashKey Global, a regulated platform that will facilitate the buying and selling of digital assets. The launching of HashKey Global came days after the exchange secured a license to operate in Bermuda as a regulated entity. In an X post dated March 8, the HaskKey team confirmed that the new platform will support trading licensed digital assets globally.  HashKey Obtain Bermuda License The significant milestone will enable HashKey to expand its footprint in viable markets. Initially, HashKey cemented its market ..read more

The price of Bitcoin (BTC) remained above $69,000 on March 29, 2024, despite the market experiencing the largest quarterly Bitcoin futures options expiry event in history. According to the global head of derivatives trading at Bybit exchange, Hao Yang, the event was the biggest option expiration in history for Deribit and Bybit. Investors might decide to roll over or unwind their hedging position during the expiration time, and the action of unwinding might have a small impact on the price movement in the near term. More than $15.1 billion worth of cryptocurrency futures options expired on Der ..read more

In the Bitcoin and cryptocurrency world, on-chain analysis has carved out a niche as a revolutionary tool for understanding market dynamics. This advanced form of analytics leverages the transparency of the Bitcoin blockchain to offer insights that could potentially predict future market movements. Let’s explore the intricacies of on-chain analysis and its implications for Bitcoin traders. Deciphering On-Chain Analysis On-chain analysis involves scrutinizing the wealth of transaction data stored on the Bitcoin blockchain. This endeavor aims to extract meaningful patterns related to transaction ..read more

Unlike traditional assets, Bitcoin’s value isn’t anchored in physical properties or institutional backing, challenging investors to seek innovative models for its appraisal. This exploration delves into three prominent approaches to understanding Bitcoin’s worth: comparison with gold’s market cap, stock-to-flow models, and analysis against sovereign debt risk. Bitcoin and Gold: Evaluating Digital Scarcity Gold has long been the quintessential store of value (SOV), with its scarcity and enduring physical properties. However, in our digitized world, gold’s physical limitations become apparent, s ..read more

In the world of cryptocurrency, the terms “hard wallets” and “cold storage” are synonymous with security and protection. As newcomers venture into the crypto realm, understanding these concepts becomes crucial for safeguarding digital assets. Just as one wouldn’t leave physical cash unattended, the same level of care and precaution is necessary when handling cryptocurrencies. Here, we’ll explore the essence of hard wallets and cold storage, unraveling their significance in the digital currency ecosystem. The Basics: Understanding Wallets and Storage A crypto wallet functions as a digital tool ..read more

The Essence of Time Preference Time preference is a concept deeply ingrained in human behavior and decision-making. It’s about how individuals value present rewards over future gains, a principle vividly illustrated in the Marshmallow Experiment of 1972. This study revealed how the ability to delay gratification is linked to success in various aspects of life. The concept of time preference extends far beyond psychology, playing a crucial role in economic theory and personal finance, particularly in the realm of cryptocurrency and Bitcoin. Bitcoin: A Testament to Low Time Preference Bitcoin, o ..read more

The cryptocurrency world, especially Bitcoin, is one where sentiment significantly influences market dynamics. With Bitcoin’s value plummeting by more than 50% from its May 2021 all-time highs, the crypto community is abuzz with speculations of entering a bear market, characterized by declining prices and prevalent pessimism. But how do we objectively identify a bear market in such a sentiment-driven landscape? Let’s explore the key indicators that signal a downturn in the Bitcoin market. Sentiment as the Market’s Driving Force Understanding that the cryptocurrency market thrives on sentiment ..read more