In an ambitious bid to bolster its foothold in the European market, the celebrated cryptocurrency exchange, Kraken, has unveiled its strategy to take over the Dutch crypto brokerage, Coin Meester B.V. (BCM). The Netherlands, famed for its culture of innovation and substantial crypto adoption, is key to USA-based Kraken's European blueprint. Accelerating their continental growth […]
FTX's co-founder, Gary Wang, has recently provided a compelling testimony to federal prosecutors, accusing CEO Sam Bankman-Fried of secretly diverting billions from customer accounts to benefit his hedge fund, Alameda Research. During his testimony, Wang revealed how Bankman-Fried instructed him to create a specialized trading tool that allowed Alameda to overdraw its account, using FTX
Alleged Misuse of Client Funds: FTX Co-Founder Gary Wang Reveals Startling Details Read More »
A Market Downturn: Understanding the Situation The past couple of weeks have been challenging for investors across various markets. Stocks, bonds, and even gold have experienced significant decreases in value, with gold prices dropping by over $100. Naturally, people have been looking for answers – trying to understand the reasons behind this decline. To shed
Gold Prices Drop: Understanding the Market Activity Read More »
Introduction When you hear the word "gold," what comes to mind? For some, it's gold bullion or rare gold coins, but for many, it's a beautiful piece of jewelry. Gold is a highly valued natural material with a rich history and is still used today to create stunning pieces of jewelry. In this guide, we
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Introduction Gold prices have been on a downward trend this week, hitting a six-and-a-half month low. However, despite the recent decline, many analysts believe that gold will remain strong in the long term. Rising energy prices and slowing global growth are just some of the factors that suggest gold will continue to perform well. In
Gold: The Key Players in Its Purchase Read More »
Investing in gold offers a unique opportunity to choose from a variety of gold coins to add to your collection. Among these coins, gold sovereigns have a fascinating history that attracts many investors. But what exactly is a gold sovereign, and is it a worthy investment? Understanding Gold Sovereigns A gold sovereign is a gold
What Are Gold Sovereign Coins? Should You Buy Them? Read More »
FOMC Signals Another Rate Hike and Raises Rate Projection for 2024 Yesterday, the Federal Open Market Committee (FOMC) concluded their September meeting, opting to leave rates at their 22-year high. However, they clearly signaled that another rate hike is imminent before the end of the year. In addition, the FOMC raised its projection for 2024
Gold Slips as Fed Signals More Hikes to Come Read More »
Introduction Traders and investors closely awaited the release of the CPI report last week, which provided valuable insights into the current state of inflation. As expected, the report indicated that inflation had surpassed expectations and recorded its largest monthly increase in August this year, with a year-on-year increase of 3.7%. Surprisingly, the reaction in the
When Inflation Becomes Overwhelming: A Look at the CPI Report and its Implications Read More »
Self-Directed Gold IRAs are fantastic because they allow you to place your money in the precious metals and not have to work with middlemen. In fact, these accounts are so easy that even your grandmother could manage it! If you purchase physical gold, silver platinum, palladium and the rhodium coins, bars rounds and bullion you’ll
Roth IRAs made easy Read More »
Retirement savings have always been a priority for hardworking individuals, especially those who belong to unions or serve as firefighters. These individuals dedicate their lives to protect and serve their communities, often putting their own safety on the line. Ensuring that they have a secure financial future is just one way to show appreciation for