Author name: Peter

Bitcoin, Ethereum Technical Analysis: BTC Back Above $19,000 Ahead of FOMC Meeting

Bitcoin traded marginally higher before Wednesday's United States FOMC meeting. It is expected that the Federal Reserve would increase interest rates. Many expect the Fed to raise rates by more than 75 basis points, as inflation remains high. After briefly falling below $1300 Monday, Ethereum also rose. Bitcoin Bitcoin (BTC), was slightly higher Tuesday as

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Chinese Currency Breaches 7:1 Exchange Rate Against US Dollar for First Time in Two Years

After touching a new low of 7.0188 Yuan per dollar in September 2022, the offshore exchange rate between China's fiat currency and the U.S. dollars recently crossed the 7:1 mark. The strengthening of the U.S. Dollar is driving the yuan's fall, just like other global currencies which have declined in 2022. The Yuan's Decreciation After

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Microstrategy Buys 301 Bitcoin, Public Company Now Holds 130,000 BTC

Microstrategy executive chairman Michael Saylor stated that his company recently bought 301 bitcoin at an average price $19,851 per currency. Saylor explained that Microstrategy's balance sheet currently holds 130,000 bitcoins, making it the largest bitcoin stash held by any publicly traded business. Microstrategy acquires more Bitcoin at an average price of $19,851 per coin Microstrategy

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Self-Directed Gold Retirement Accounts: 5 Types of IRAs That Are Worth Considering

Investors often wonder whether self-directed gold retirement accounts are worth considering. But these types of investments aren’t just for wealthy investors anymore. They offer an opportunity for everyone to invest in precious metals without paying any fees or commissions. Here are five types of IRA accounts that are worth considering. #1. Self-Directed Roth Individual Retirement

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Russian Prime Minister Orders Finance Ministry, Central Bank to Agree on Crypto by December

The head of Russia's government asked the central bank and Moscow's finance ministry to come up with a plan for developing the country’s digital asset market by December 1. They should also work together with other regulators to agree on the regulations. Russian Government Takes Action to Regulate Cryptocurrencies Despite Being Pressed By Sanctions Russian

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