Author name: Peter

JPMorgan Predicts Relief for Bitcoin as Grayscale Profit-Taking Declines

JPMorgan's Bitcoin Price Forecast Global investment bank JPMorgan has provided its insights into the cryptocurrency market, specifically addressing the recent bitcoin selloff. The price of BTC dropped from above $47,000 before the approval of the spot bitcoin exchange-traded fund (ETF) to below $39,000 this week. One of the factors contributing to the bitcoin selloff is […]

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SEC Crypto Enforcement Reached New High in 2023

According to a new report, crypto enforcement actions by the U.S. Securities and Exchange Commission (SEC) reached a new high in 2023, with more than a 50% increase compared to the previous year. The SEC continues to prioritize cryptocurrency-related enforcement, bringing a total of 46 enforcement actions against various digital-asset market participants. SEC Prioritizes Crypto

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Chinese Investors Turn to Cryptocurrency as Stock Market Slumps

Chinese investors are increasingly diversifying their portfolios by investing in cryptocurrency, driven by the current state of the national stock market. Despite the ban on cryptocurrency trading and purchasing in China since 2021, investors have found alternative ways to allocate a significant portion of their assets to crypto. Rise of Cryptocurrency in China According to

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SEC Delays Decisions on Spot Ethereum ETFs Proposed by Blackrock and Grayscale

SEC Delays Spot Ethereum ETF Applications The U.S. Securities and Exchange Commission (SEC) has announced the delay of two applications for spot ethereum exchange-traded funds (ETFs). This comes after the recent approval of 11 spot bitcoin ETFs, leading investors to closely monitor the SEC for potential decisions on spot Ethereum ETF proposals. SEC Delays Blackrock's

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Investing In Gold With A Precious Metals ROTH IRA (Pros & Cons)

Self-Directed gold IRAs are great as they allow you to put money into precious metals without having to deal with any middlemen. They are so simple that even your grandmother could use them! When you purchase physical gold, silver, palladium, platinum, bar, rounds and bullion you’ll have instant liquidity. If you’re looking diversify your portfolio

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The Bank of England and HM Treasury Address Concerns About the Digital Pound

Introduction The Bank of England and HM Treasury have responded to the public's interest in the potential introduction of a digital pound. In this article, we will explore the key concerns raised by the public and industry experts, the measures taken to address these concerns, and the future plans for the digital pound. Public Consultation

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The Avalanche Foundation Announces Requirements for Meme Coin Purchasing Program

Introduction The Avalanche Foundation, a non-profit organization dedicated to supporting the avalanche ecosystem, has recently released the criteria for participating in its meme coin purchasing program. This program, funded by the $100 million Culture Catalyst fund, aims to invest in meme coins that meet specific requirements outlined by the Foundation. In this article, we will

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