crypto ira

Treasury Secretary Janet Yellen Discusses US Economy, Recession Risk, Soft Landing

U.S. Treasury Secretary Janet Yellen believes that inflation has significantly decreased, but there is still work to be done for the Federal Reserve to reach its 2% inflation target. She explained that the central bank faces two risks: the possibility that inflation does not decrease to their target as planned, and the risk of the […]

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The Power of Bitcoin: Wealth Preservation and Real Estate in Africa

Introduction Money is a form of energy. We expend energy to do work and are rewarded with monetary energy. In a world filled with instability and chaos, preserving monetary energy becomes crucial. When it comes to wealth preservation and store of value, Bitcoin is a better choice compared to real estate, especially in the Nigerian

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The U.S. Consumer Price Index (CPI) Sees Modest Rise in November

In November, the U.S. Consumer Price Index (CPI), a principal measure of inflation, registered a modest rise of 0.1%, maintaining a consistent annual increase of 3.1%. This minor growth in prices reflects subtle economic shifts, with energy costs witnessing a marked reduction, in contrast to the gradual rise in expenses for housing and food. Energy

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The Federal Open Market Committee Meeting: Speculation on Interest Rates

Market Participants Anticipate FOMC Meeting Market participants, including both investors and traders, have their attention keenly set on the upcoming Federal Open Market Committee (FOMC) meeting, slated for Dec. 13, 2023. There is widespread speculation about whether Fed Chair Jerome Powell will continue to uphold the current elevated benchmark interest rate. Concurrently, Jim Grant, renowned

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Robert Kiyosaki Warns of Biggest Crash in History: Is the S&P 500 Next to Collapse?

Introduction Renowned author Robert Kiyosaki, best known for his book "Rich Dad Poor Dad," has recently issued a stark warning about an impending financial crash. Kiyosaki emphasizes that the U.S. banking system is on the verge of bankruptcy and predicts that the S&P 500 will be the next casualty, resulting in devastating consequences for millions

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Ethereum’s Market Action Shows Signs of Bullish Momentum

Overview On Friday, December 8, 2023, ethereum's trading concluded with a 4% rise, settling at $2,358. This jump was observed within a daily trading range from $2,245 to $2,385. Underlying this upward trajectory was ether's market cap of $283 billion, accompanied by a strong 24-hour trading volume of $26.75 billion. Oscillators and moving averages present

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Bitcoin Market Analysis: Oscillators and Moving Averages Signal Complex Picture

Introduction As bitcoin's price hovers between $43,950 and $44,150, a nuanced examination of its oscillators and moving averages reveals a complex picture of its market movements. Despite a bullish run in its 24-hour trading range, oscillators signal caution. Bitcoin's Market Cap and Trading Volume Bitcoin (BTC) currently boasts a market cap of $856 billion, with

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New Jersey Bill Proposes Classifying All Crypto Tokens Sold to Institutional Investors as Securities

A new bill has been introduced in the state of New Jersey that aims to classify all cryptocurrencies issued and sold directly to institutional investors as securities. While the U.S. Securities and Exchange Commission (SEC) has previously stated that bitcoin is not a security, SEC Chairman Gary Gensler believes that all other crypto tokens should

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U.S. Lawmaker Slams SEC for Lack of Clarity in Crypto Market Regulation

Lawmaker Criticizes SEC's Approach to Crypto Industry A U.S. lawmaker has criticized the Securities and Exchange Commission (SEC) for its deliberate policy preference to provide less clarity to the crypto market. Congressman Tom Emmer accused the SEC of not adhering to the law and suggested that this was the reason behind the SEC's frequent losses

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