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The Gold and Bitcoin Rallies: A Comparison by Peter Schiff

Introduction Peter Schiff, the chief economist at Europac, recently discussed the market movements of gold and bitcoin. He pointed out that the pullback in gold prices provided an opportunity for bitcoin prices to increase. However, Schiff remains skeptical about the future of bitcoin, predicting a collapse, while he believes gold prices will continue to rally. […]

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Bitcoin Technical Analysis: BTC Retraces at Formidable $44,500 Resistance Barrier

Bitcoin's Market Cap and Trading Volume Bitcoin (BTC) currently has a market cap of $856 billion and a 24-hour trading volume of $38.39 billion. These figures highlight the significant influence of Bitcoin in the cryptocurrency market. However, a deeper analysis of Bitcoin's technical data reveals a more complex market scenario. Oscillators Analysis An examination of

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28 Crypto Service Providers Registered with India’s Financial Intelligence Unit, Says Government

The Indian government has revealed that 28 crypto service providers are currently registered with the country's Financial Intelligence Unit. Furthermore, the Ministry of Finance has clarified that the anti-money laundering guidelines and reporting requirements apply to offshore cryptocurrency exchanges servicing the Indian market. Registration of Crypto Service Providers India's Ministry of Finance answered some crypto-related

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Altify: A New Alternative Investment Platform Launched in South Africa

Introduction Altify, a new alternative investment platform, has been launched in South Africa through a collaboration between two local crypto exchange platforms, Revix and Bitfund, and an Austria-based digital asset platform. The aim of Altify is to provide South African investors, especially the younger ones, with access to alternative investment opportunities that were traditionally reserved

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Gold Price Approaching Record High Amid Global Uncertainty, Surges to $2,071 an Ounce

The price of an ounce of pure gold is nearing its highest historical level, reaching $2,071 per ounce over the weekend. This surge is reminiscent of its record three years ago during the Covid-19 pandemic when spot gold prices soared to an unprecedented high of $2,072.50 per ounce on August 7, 2020. Gold's Potential Breakthrough

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Lido and Rocket Pool Reach New Milestones in Liquid Staking

Lido Dominates the Liquid Staking Market Recent data reveals that Lido, the leading liquid staking protocol (LSP), currently holds over 9 million ethereum within its system. This represents a significant 77.81% of the total ethereum value locked in current LSPs, underscoring Lido's dominant position in the market. Liquid Staking and Its Benefits Liquid staking is

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Financial Advisors Eagerly Awaiting Spot Bitcoin ETFs to Offer Clients, According to Ric Edelman

Financial Advisors Anticipate Spot Bitcoin ETFs Ric Edelman, the founder of Edelman Financial Services and a renowned author in the field of personal finance, recently shared his insights on spot bitcoin exchange-traded funds (ETFs) during Coindesk's Unchained podcast. He revealed that in a recent survey conducted, a staggering 77% of financial advisors expressed their eagerness

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Robert Kiyosaki Issues Warning of Market Collapse, War, and Difficult Times Ahead for Millions

Robert Kiyosaki Predicts Challenging Times Ahead for Millions Renowned author Robert Kiyosaki, best known for his book Rich Dad Poor Dad, has once again expressed concerns about the state of the U.S. economy. Rich Dad Poor Dad, which Kiyosaki co-authored with Sharon Lechter in 1997, has remained on the New York Times Best Seller List

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Novogratz Expects Bitcoin Price to Be ‘Significantly Higher’ After SEC Approves Spot Bitcoin ETFs

Galaxy Digital CEO Mike Novogratz expects the price of bitcoin to be significantly higher when the U.S. Securities and Exchange Commission (SEC) approves spot bitcoin exchange-traded funds (ETFs). "We will see a pretty successful shift of psychology … when the government says 'you are allowed to buy bitcoin,' " he described. Mike Novogratz's Bullish Bitcoin

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Ethereum Technical Analysis: ETH Hangs Above $2K Range Amid 3% Drop

Ethereum's Market Position on Monday Similar to bitcoin's price, the second leading digital currency in terms of market cap, ethereum, is down on Monday, losing 3% against the U.S. dollar. Oscillating within a 24-hour range of $2,017 to $2,088, ethereum maintains a market capitalization of $243 billion. Current technical indicators offer a nuanced perspective on

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