Author name: Peter

UBS Predicts Gold Prices Will Rise 10% in 2024 Amidst Fed Policy Pivot

UBS Analysis and Gold Price Forecast UBS, a renowned financial services company with a global presence, has made a bold prediction regarding the price of gold in 2024. According to UBS analysts, gold prices are expected to surge by 10% above the current market prices. This positive forecast is primarily driven by a significant policy […]

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Bitcoin ETFs: Impact on CEXs and the Rise of Decentralized ETFs

Introduction Recently approved spot bitcoin exchange-traded funds (ETFs) are expected to have a significant impact on investor interest and trading volume, potentially diverting them away from centralized exchanges (CEXs). Anthony Bevan, the CEO of Blockguard, a wealth management firm, believes that the introduction of spot bitcoin ETFs will attract investors who prefer regulated and mainstream

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Bitcoin Technical Analysis: Understanding BTC’s Complex Market Behavior

The Volatile Nature of Bitcoin Bitcoin's price dynamics on January 24, 2024, present a complex picture of market fluctuations and investor sentiment. The cryptocurrency has experienced significant volatility, with prices ranging between $39,878 and $40,069 in the past hour and a broader 24-hour range of $38,505 to $40,515. Bitcoin's Market Capitalization and Trade Volume Bitcoin

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Does a Gold IRA Make Money?

Self-DirectedGold IRAs are great as they allow you to put money into precious metals without having to engage any middlemen. Actually, these accounts are so simple , even your grandmother could manage it! When you buy physical silver, gold, palladium, platinum and the rhodium coins, bars rounds, and bullion, you will receive instant liquidity. But

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

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

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

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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