Self-Directed Gold IRAs are great because they allow you to invest in precious metals and not have to work with middlemen. In fact, these accounts are so easy that even your grandmother could set it up! When you buy physical gold, silver, palladium, platinum and Rhodium bars, coins, rounds, and bullion, you’ll get instant liquidity. […]
Roth IRA Explained (do this ASAP)💵 Read More »
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
Gareth Soloway Predicts Potential Bitcoin Dip to $15K Read More »
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
The Nigerian Naira Hits Record Low Against US Dollar, Efforts Underway to Rectify Read More »
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
JPMorgan Anticipates Relief for Bitcoin as Grayscale Profit-Taking Subsides Read More »
Enforcement actions by the U.S. Securities and Exchange Commission (SEC) in the crypto space saw a significant surge in 2023, witnessing a 50% increase compared to the previous year, according to a recent report. The SEC has made it clear that cryptocurrency-related enforcement remains a top priority, with a total of 46 enforcement actions taken
SEC Crypto Enforcement Reached New High in 2023 Read More »
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
GBTC Outflows: Analyzing Bitcoin Selling Pressure and Market Impact Read More »
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
Chinese Investors Turn to Cryptocurrency Amid Slump in National Stock Market Read More »
The U.S. Securities and Exchange Commission (SEC) has recently announced the delay of its decisions on spot ethereum exchange-traded funds (ETFs) proposed by Blackrock and Grayscale Investments. This comes after the SEC's approval of 11 spot bitcoin ETFs, which has sparked anticipation among investors regarding potential decisions on spot Ethereum ETF proposals. SEC Delays Blackrock's
SEC Delays Decisions on Spot Ethereum ETFs Proposed by Blackrock and Grayscale Read More »
The Public's Interest in Digital Currency The Bank of England and HM Treasury have recently released their response to the public consultation on the potential introduction of a digital pound, also known as a central bank digital currency (CBDC). The consultation received an overwhelming response, with over 50,000 individuals and industry experts expressing their views
Bank of England and HM Treasury Respond to Concerns on Digital Pound Read More »
Peter Schiff Predicts Deeper Losses for Spot Bitcoin ETFs Peter Schiff, a well-known gold bug and economist, has issued a warning about spot bitcoin exchange-traded funds (ETFs), stating that they are currently in bear markets. Specifically, Schiff highlighted the Proshares Bitcoin Strategy ETF, which has experienced a decline of over 50% in the span of