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Self-Directed Gold IRAs can be a fantastic way to invest in gold without dealing with the hassles of purchasing physical bullion. This type of account allows investors to purchase gold straight from the federal government and store it under their own name. Although many prefer to hold physically gold in their possession, all is able […]

As of December 18, 2023, ethereum is experiencing a complex interplay of bearish and bullish signals across various technical indicators. The second-leading cryptocurrency, currently priced between $2,125 and $2,165, finds itself at a critical juncture in its market trajectory, as indicated by the 4-hour and daily charts, oscillators, and moving averages. Ethereum's 4-Hour Chart Analysis

Ethereum's Recent Price Surge and Factors Behind It Veteran trader Peter Brandt recently announced on social media platform X (formerly known as Twitter) that he has taken a short position on ethereum (ETH), the second-largest cryptocurrency by market capitalization. Brandt, who has a following of 707,000 on X, also shared a technical chart to explain

Introduction Grayscale, one of the largest cryptocurrency asset management firms in the world, has recently addressed the issue of taxation in relation to the adoption of a cash creation model for an upcoming spot Bitcoin exchange-traded fund (ETF). The firm has clarified that there would be no disadvantage for a spot Bitcoin ETF that qualifies

NFT Trader Compromised: Loss of $2.85 Million in Valuable NFTs According to reports and confirmation from the peer-to-peer non-fungible token (NFT) market platform, NFT Trader, a security breach has occurred. The breach was a result of an exploit in an outdated smart contract, leading to the theft of esteemed digital collectibles worth nearly $3 million.

In recent weeks, the meme-inspired cryptocurrency bonk (BONK) has experienced significant growth against the U.S. dollar and has now surpassed pepe (PEPE) to become the third-largest meme coin in terms of market capitalization. Over the past month, the Solana-based BONK has surged by over 621% in value when measured against the greenback. BONK’s Astonishing Climb:

The stablecoin asset, FDUSD, has experienced significant growth in the past two weeks, leading it to become the fifth largest fiat-pegged cryptocurrency in the market. During this period, the supply of FDUSD has increased by 74%, resulting in a market capitalization of $1.61 billion as of December 17, 2023. FDUSD Supply Swells by 74% in

The Call for In-Kind Creation A finance professor from Georgetown University has recently urged the U.S. Securities and Exchange Commission (SEC) to avoid micromanaging the creation and redemption process for spot bitcoin exchange-traded funds (ETFs). In a letter penned to the SEC, the professor emphasized the importance of adopting the in-kind creation method instead of

Crypto Asset Manager Bitwise Releases 10 Crypto Predictions for 2024 Crypto asset manager Bitwise has recently published a report titled "The Year Ahead: 10 Crypto Predictions for 2024." The firm, known for its crypto index fund BITW, offers a range of crypto-focused investment products, including exchange-traded funds (ETFs) and non-fungible tokens (NFTs). Prediction 1: Bitcoin

Analyzing Bitcoin's Oscillators Bitcoin's current market stance can be better understood by analyzing its oscillators. As of December 13, 2023, the relative strength index (RSI) stands at 56, the Stochastic at 54, and the commodity channel index (CCI) at 18. These indicators align in a neutral zone, indicating a balanced market sentiment without any prevailing