Author
Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
Bitcoin ETFs Outshines Silver ETFs in AUM After Just One Week of Trading
Within a week of being approved by the SEC, Bitcoin ETFs have outperformed silver ETFs in the U.S. in terms of assets under management (AUM). This milestone reflects the significant demand for Bitcoin and its increasing acceptance as an investment commodity. Bitcoin Surpass Silver According to Bitfinex Head of Derivatives Jag Kooner, the rapid growth …
Qadir AK·18 Jan 20242 min
Tether Now Holds 66,450 BTC of Worth $2.8 Billion
Stablecoin issuer Tether expanded its Bitcoin holdings, acquiring an additional $380 million worth in the last quarter, bringing its total to 66,465 Bitcoins, valued at $2.8 billion. Tether’s Strategic Moves Tether has been steadily increasing its holdings each quarter since it began its Bitcoin acquisitions in September 2022. Notable purchases include 15,915 BTC in March …
Qadir AK·18 Jan 20241 min
Chevron Doctrine Verdict Awaited: Can We Finally Expect Lesser Oversight for Crypto?
In a groundbreaking decision, the U.S. Supreme Court has discarded Chevron’s doctrine, a legal principle in play for four decades. This move has far-reaching consequences, affecting federal regulators and their sway over various domains, from workplace conditions to drug safety and the emerging crypto space. Read on for more information about this. A New Chapter …
Qadir AK·18 Jan 20241 min
Justin Sun’s Bold $4 Million Bet on SHIB, AAVE, and LINK Sparks Frenzy
Justin Sun, a controversial figure in the crypto space, has once again surprised the market with a shift in his investment approach. The TRON founder, known for his controversial decisions, has strategically acquired SHIB, AAVE, and LINK, injecting fresh momentum into the altcoin market. Departing from his traditional stablecoins and ETH-centric portfolio, Sun’s newfound interest …
Qadir AK·18 Jan 20242 min
Grayscale Bitcoin ETF Faces Massive $594 Million Outflow; Here’s Why
The digital asset management space is heating up. Grayscale, a leading American company, is experiencing significant outflows in its Spot Bitcoin ETF, the Grayscale Bitcoin Trust (GBTC). Despite gaining approval from the United States Securities and Exchange Commission (SEC), challenges have emerged, leading to a closer examination of factors affecting this financial development. Read on! …
Qadir AK·18 Jan 20242 min
Bitcoin ETFs Take Wall Street by Storm: $4.5 Billion Traded on Debut Day!
The cryptocurrency market kicked off with a bang on the first day of trading for multiple Bitcoin exchange-traded funds (ETFs), witnessing an impressive total trading volume exceeding $4.5 billion across ten spot Bitcoin ETFs. BlackRock’s iShares Bitcoin ETF (IBIT) took the lead with an impressive $1 billion in trading volume, representing 22% of the total …
Qadir AK·12 Jan 20242 min
InformationHow To Buy Spot Bitcoin ETF? – Step by Step Guide
Here is a step-by-step guide curated by Coinpedia to get you started with the Bitcoin ETF: Open a brokerage Account Always keep in mind to choose a reputable brokerage platform that offers access to the stock market and ETFs. Make sure that the platform you choose supports the specific Bitcoin ETF in which you are …
Qadir AK·12 Jan 20241 min
U.S. CPI Inflation Surges to 3.4%, Outpacing Expectations in December
The United States Consumer Price Index (CPI) has recorded a notable rise, reaching 3.4% in December. This figure surpasses the previous month’s high of 3.1%, marking a significant uptick in inflation that has caught the attention of financial markets. Exceeding Expected Rise With an upward trajectory, the all-items CPI exhibited a 3.4% surge in the …
Qadir AK·11 Jan 20241 min
NewsRipple CEO Confirms No IPO in Sight, Reveals $285M Share Buyback Strategy
Forget “moonshot” investments, Ripple Labs is betting big on itself. In a move aimed at shoring up investor confidence, the cryptocurrency giant has revealed plans to repurchase shares worth an impressive $285 million. The announcement seeks to emphasize the company’s strong financial position and enhance trust in its stability among investors. What’s behind this bold …
Qadir AK·11 Jan 20242 min