gold ira

Bitcoin-to-Gold Ratio Plunges as Crypto Falls Short of Gold's Performance Bloomberg's commodity market expert, Mike McGlone, has raised concerns about the potential downturn for bitcoin, emphasizing its underwhelming performance compared to gold since its peak in 2021. McGlone recently highlighted the significant drop in the bitcoin-to-gold ratio, which has fallen by approximately 40% from its […]

Introduction The U.S. banking sector is currently experiencing significant volatility, triggered by the distress in the commercial real estate market. This turbulence has not only affected banks in the country but also has had international repercussions. One such example is the recent decline of New York Community Bancorp by 13% and Japan's Aozora Bank hitting

Introduction Renowned author Robert Kiyosaki, famous for his book Rich Dad Poor Dad, recently shared why he owns bitcoin. According to Kiyosaki, bitcoin serves as a safeguard against the theft of wealth through various means, such as inflation, taxation, and stock price manipulation, perpetrated by the Federal Reserve, the government, and Wall Street bankers. In

Introduction The Stellar Development Foundation (SDF) has announced a delay in the Protocol 20 upgrade of the Stellar blockchain network. Originally scheduled for January 30, the upgrade has been put on hold due to the discovery of a bug that could impact Soroban smart contract transactions. Discovery of the Bug The bug was identified on

A recent survey conducted by cryptocurrency exchange Binance has revealed that 73% of European respondents are optimistic about the future of crypto. The survey, which took place between October 14 and November 8, 2023, included 10,498 participants from France, Spain, Italy, and Sweden. It also found that 55% of European users exclusively use cryptocurrencies for

Background Research is Essential The Commodities Futures Trading Commission (CFTC) is cautioning investors to exercise caution when it comes to artificial intelligence (AI)-created algorithms that promise extraordinary returns on crypto asset investments. The CFTC advises investors to conduct thorough background research on the companies or individuals offering such AI-driven trading algorithms. Rising Concerns Over AI

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

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 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

Spot Bitcoin ETFs Experience Decreased Trading Volume According to the latest data, spot bitcoin exchange-traded funds (ETFs) have recently seen a decline in trading volume. On Wednesday, these ETFs recorded their lowest trading volume day since Jan. 11, 2024, with approximately $1.28 billion in volume. This decrease in trading volume indicates a shift in investor