Today, Arthur Hayes, the Co-Founder of BitMEX, wrote a blog post expressing his views on the upcoming Bitcoin halving set for April 20th and forecasting its potential influence on digital currency markets. The Bitcoin halving refers to a built-in Bitcoin system event that cuts in half the reward given to miners for generating new blocks. … Read more
The combined worth of all meme-tokens in the cryptocurrency sector has surpassed $56 billion, following almost triple increase in their values since the start of 2021. This surge comes as part of a memecoin craze that has seen traders rapidly make and lose substantial profits within just a few days. In Q1 2024, according to … Read more
On April 8, 2024, Zimbabwe formally introduced its new gold-backed currency named ZiG (Zimbabwe Gold). As reported by Kitco News on April 5, this move marks a crucial milestone in creating a strong and consistent national currency and tackling the country’s economic volatility and high inflation rates. On April 5, 2024, the Reserve Bank of … Read more
On April 8, 2023, JPMorgan Chase & Co. (NYSE: JPM) released its annual report for the year. This report was accompanied by letters from the Chairman, Jamie Dimon, and other key executives. According to the report, JPMorgan Chase held assets worth $3.9 trillion and equity of $328 billion as of December 31, 2023. In his … Read more