gold ira

Insufficient Resources and Personnel According to a recent blog post by the Atlantic Council, the U.S. Federal Reserve is falling behind its counterparts in developing a central bank digital currency (CBDC). The post highlights the lack of resources and personnel dedicated to CBDC development and innovation at the Federal Reserve. In comparison, the Bank of […]

Introduction Bitcoin, the leading digital currency by market cap, showcased nuanced market dynamics on Jan. 29, 2024. This article aims to analyze the various technical indicators and moving averages to provide insights into the current state of the Bitcoin market. By understanding these signals, traders can make informed decisions and develop strategies to optimize their

OFAC Revokes License for Minerven's Gold Operations in International Markets The Office of Foreign Assets Control (OFAC) has revoked the license of Minerven, the Venezuela-owned gold company, for engaging in gold transactions in international markets. The sanctions on Minerven, which were previously eased in October, will be reinstated on February 13. Additionally, oil and gas

The Securities and Futures Commission (SFC) in Hong Kong has issued a reminder to cryptocurrency investors in the region to only use or trade on approved virtual asset trading platforms (VATP). In a statement released on February 5, 2024, the SFC emphasized the importance of verifying a VATP's regulatory status before engaging in any transactions.

Rapid Rise in Inflows Blackrock's Ishares Bitcoin Trust (IBIT) has quickly climbed the ranks of the exchange-traded funds (ETFs) market, securing a position among the top five in terms of 2024 inflows in just 17 days. This remarkable achievement highlights the increasing investor interest in cryptocurrency as a legitimate asset class. Impressive Performance Within a

The Demand for Gold in 2023 In 2023, the demand for gold reached its highest level on record at 4,899t. This surge in demand is not surprising, as gold has proven to be a reliable portfolio preserver during times of economic, geopolitical, and financial turmoil. Given the current state of affairs, it is no wonder

Bitcoin continues to exhibit resilience in the face of market fluctuations, with its price settling at $42,902 to $43,091 in the last hour. This represents a modest uptick of 0.4% in the past 24 hours. The growth of 0.7% this week and a 6.8% increase over the past two weeks highlight the ongoing range-bound dynamics

Quantum Cats Floor Values Soar to New Heights Since the launch of Taproot Wizards' Quantum Cats non-fungible token (NFT) series, there has been a significant increase in trading volume and the collection's minimum value in the secondary market. Initially priced at 0.1 bitcoin each, the lowest value of Quantum Cats NFTs now hovers around 0.303

Self-Directed Gold IRAs are fantastic because they let you place your money in the precious metals, without having to deal with any middlemen. In fact, these accounts are so simple that your grandmother could manage it! When you buy physical silver, gold platinum, palladium, and bar, rounds and bullion, you get immediate liquidity. However, if

Introduction A shocking revelation has come to light regarding a fraudulent scheme orchestrated by senior officials Jeffrey Menge and Eric Drabert at the Patterson Joint Unified School District. The duo exploited the district's resources for personal gain, including running an illegal cryptocurrency mining operation. The U.S. Department of Justice (DOJ) recently disclosed this fraudulent activity.