Author name: Peter

Gold Roth IRA | Gold Roth IRA Rollover | Gold Investing In IRA’s | IRA Transfer

Self-Directed Gold IRAs are fantastic as they allow you to place your money in the precious metals and not have to go through any middlemen. Actually, these accounts are so simple that your grandmother could use them! When you buy physical silver, gold platinum, palladium and rhodium coins, bars, rounds, and bullion you’ll have instant […]

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2024 Sees Steepest Weekly Plunge in NFT Sales, 5 Major Blockchains Register Double-Digit Losses

NFT Market Faces Sharp Decline In the span between Jan. 20 to Jan. 27, 2024, there was a notable decline in the sales volume stemming from non-fungible tokens (NFTs), plunging 21.25% from the week before. The leading blockchains in seven-day sales, Ethereum and Bitcoin, experienced substantial decreases, ranging from 28.78% to 12.62%, respectively. At the

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Vanguard Explains Why Spot Bitcoin ETFs Are Not Available on Its Trading Platform

Vanguard's Stance on Cryptocurrency Financial giant Vanguard has recently clarified why it does not offer spot bitcoin exchange-traded funds (ETFs) on its trading platform. In a blog post titled "No Bitcoin ETFs at Vanguard? Here's why," the firm emphasized that cryptocurrency is considered an immature asset class with little history, no inherent economic value, no

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Gareth Soloway Predicts Potential Bitcoin Dip to $15K

Introduction In a recent interview with Gareth Soloway, the chief market strategist at verifiedinvesting.com, Soloway suggested that bitcoin might revisit the $15K level should a significant stock market sell-off occur. Gareth Soloway's Insights Two days ago, Gareth Soloway of verifiedinvesting.com engaged in a new interview with Michelle Makori, Kitco News' lead anchor and editor-in-chief, to

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The Nigerian Naira Hits Record Low Against US Dollar, Efforts Underway to Rectify

Nigerian Naira Plunges to New Low The Nigerian currency reportedly plunged to a new low versus the U.S. dollar on the official market on Jan. 25. Central Bank governor Olayemi Cardoso has said the naira is currently "undervalued" and that efforts are underway to rectify this. Continued Depreciation of the Naira The beleaguered Nigerian currency

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JPMorgan Anticipates Relief for Bitcoin as Grayscale Profit-Taking Subsides

JPMorgan's Optimistic Bitcoin Price Outlook Global investment bank JPMorgan recently provided insight into the cryptocurrency market, specifically addressing the recent bitcoin selloff. The price of BTC plummeted from over $47,000 before the approval of the spot bitcoin exchange-traded fund (ETF) to below $39,000 this week. One significant factor contributing to the bitcoin selloff is the

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GBTC Outflows: Analyzing Bitcoin Selling Pressure and Market Impact

Introduction This article provides a heuristic analysis of GBTC outflows, offering insights into the current state of GBTC selling and predicting the scale of future outflows. While this analysis is not strictly mathematical, it serves as a valuable tool for understanding the market dynamics surrounding GBTC and estimating the potential impact on Bitcoin. Number Go

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Chinese Investors Turn to Cryptocurrency Amid Slump in National Stock Market

Chinese investors are increasingly diversifying their portfolios by investing in cryptocurrency, seeking profitability in the face of a slump in the national stock market. Despite the ban on purchasing and trading cryptocurrency since 2021, Chinese investors have found alternative ways to allocate a significant portion of their assets to crypto. Chinese Investors and Cryptocurrency Reports

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