Author name: Peter

Grayscale’s GBTC Offloads $527M in Bitcoin as Spot ETFs Record Lower Trading Volumes; Other Funds Continue BTC Accumulation

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Spot Bitcoin ETFs Hit Lowest Volume Since Jan. 11; Grayscale Unloads Over 13,000 Bitcoin, 9 New ETFs Hold $4.91B in Assets According to the latest data, spot bitcoin exchange-traded funds (ETFs) experienced their lowest trading volume day since Jan. 11, 2024. On Wednesday, these ETFs recorded approximately $1.28 billion in volume. Additionally, Grayscale's Bitcoin Trust […]

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Trudeau Government’s Emergency Powers Challenged: Court Rules Crypto Freeze Unlawful

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Federal Court of Canada Deems Crypto Freeze Unconstitutional In a significant judicial rebuke, the Federal Court of Canada has ruled that the Trudeau government's decision to freeze cryptocurrencies during the 2022 "Freedom Convoy" protests was unconstitutional. The court's ruling, issued on January 23, concluded that the government's use of the Emergencies Act to freeze funds

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Trueusd (TUSD) Struggles to Maintain $1 Peg as GHO Climbs Close to Target

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Trueusd's Fluctuations Below $1 Market analysis reveals ongoing stability challenges for the stablecoin Trueusd (TUSD) in maintaining its targeted $1 peg. Since January 15, 2024, TUSD has been experiencing fluctuations below its U.S. dollar peg. On January 17, its value dipped to $0.9709 per unit. Although it briefly recovered to the $0.99 mark the next

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Crypto Lender Abra Settles with Texas Investors, Agrees to Return Assets

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Abra Reaches Settlement Over Alleged Unregistered Securities Offerings Crypto lender Abra has agreed to a settlement with the Texas State Securities Board (TSSB) following allegations of unregistered securities offerings. As part of the settlement, Abra will be returning assets to Texan investors, while other U.S. clients will also have the opportunity to reclaim their investments.

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The Importance of Understanding Gold IRA Withdrawal Rules

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Introduction Gold IRAs can serve as an excellent hedge against inflation because this precious metal has historically held its value during times of economic uncertainty. If you’re considering taking a withdrawal from your IRA, understanding gold IRA withdrawal policies is crucial to your financial security. Gold IRA Withdrawal Rules The IRS has several rules for

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Core DAO Launches $5 Million ‘Innovation Fund’ to Support Africa-Based Web3 Developers

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Introduction Core DAO, the foundation supporting Core Chain protocol, recently announced the launch of a $5 million fund to support blockchain builders and projects in Africa. The fund aims to provide resources and networks to support African Web3 builders, as much of Core DAO's community is based in Africa. More Than Just a Regular Fund

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EchoLink’s Launchpad on LBank Witnesses Over 763% Surge within the First 30 Minutes

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LBank's Latest Launchpad Project EchoLink, the latest Launchpad project on LBank, has generated significant excitement in the cryptocurrency market with its initial trading on LBank today. The trading of EchoLink commenced on January 26, 2024, with an initial price of $0.01. Surprisingly, within just the first 30 minutes, the price skyrocketed to $0.0763, marking an

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How to use Roth IRA dollars BEFORE retirement PENALTY FREE! #money #finance #rothira

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Self-Directed gold IRAs are great because they allow you to put money into precious metals and not have to work with middlemen. They are so simple that your grandmother could use them! If you purchase physical gold, silver platinum, palladium and bar, rounds, and bullion you’ll have immediate liquidity. But if you’d like diversify your

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The Nigerian Naira Hits a New Low Against the US Dollar

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The Nigerian currency, the Naira, has recently experienced a significant drop in value against the US dollar on the official market. On January 25th, it briefly fell to NGN1,398 per greenback, reaching a new record low. This depreciation brings the official exchange rate almost in line with the parallel market rate of NGN1,400:USD1. Continued Depreciation

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