Author name: Peter

‘Ultra Sound Money’ — Post-Merge Stats Show Ethereum’s Issuance Rate Plunged After PoS Transition

Months before Ethereum went from proof-of work (PoW), to proof-of stake (PoS), a simulation by The Merge showed that the network's issuance rate would decrease following ruleset changes. Statistics show that the simulation's predictions were correct as the network's rate of issuance has decreased significantly since September 15, after the Paris Upgrade that triggered The […]

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Bank of America Market Strategist Says ‘Summer Rally Is Over’ as Crypto and Stocks Slide Ahead of Fed Rate Hike This Week

After the Tuesday market drop, digital currency markets, precious metals and stocks fell another leg on Monday. Market strategists believe that a significant Fed rate increase is imminent this week, making it one of the most difficult weeks in over three months. Savita Subramanian, Bank of America's analyst, believes that the U.S. Federal Reserve has

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Roth IRA

Roth IRAs allow you to make contributions using after-tax dollars so that you don't have to pay taxes when you withdraw the money. You can withdraw your earnings once you turn 59-1/2 years old, provided you have held the account for at least 5 years. What is a Roth IRA? Most people open a Roth

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Wazirx Plans to Delist 3 Stablecoins, Leftover Balances Will Be Auto-Converted to BUSD

Wazirx, a crypto asset exchange, has followed Binance's lead by delisting some stablecoins and converting them to BUSD automatically at a 1:1 ratio. Customers of Wazirx have until September 23rd to withdraw their stablecoins, if they do not wish the funds converted. Wazirx to Drop 3 Stablecoins, and Auto-Convert to USD by October 5 Binance,

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Biden Slammed After Stating Inflation Hasn’t Spiked for Months — ‘I Am More Optimistic Than I’ve Been in a Long Time’

U.S. U.S. President Joe Biden shared his views on inflation. He stated that he is more optimistic than he's been in a long while, noting that inflation has not risen for several months. Biden's views are not shared by everyone. One person said that his family is poorer now than when he took office strong>

Biden Slammed After Stating Inflation Hasn’t Spiked for Months — ‘I Am More Optimistic Than I’ve Been in a Long Time’ Read More »

SEC Orders Crypto Firm to Pay Harmed Investors $35 Million — Charges Influencer Ian Balina

The U.S. Securities and Exchange Commission has ordered Sparkster and its CEO $35 million to be paid into a fund to distribute to investors who have been harmed. The securities regulator also accused Ian Balina, a crypto influencer, of promoting crypto tokens and not disclosing any compensation received. SEC's Cease and Desist Order Against Unregistered

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