Author name: Peter

Metals; Data Day! ECB Annc., US Jobless Claims, Q4 Adv. GDP, Durable Goods & New Home Sales; 1-24-24

Self-Directed Gold IRAs are a great way to invest in gold, without having to deal problems associated with buying physical bullion. This type of account allows investors to purchase bullion directly through the state and then store it in their own name. While many people prefer holding physical gold, not everyone can access it. In […]

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Core DAO Launches $5 Million ‘Innovation Fund’ to Support Africa-Based Web3 Developers

Core DAO Supports African Web3 Builders Core DAO, the foundation supporting Core Chain protocol, has announced the launch of a $5 million fund to provide resources and networks for African Web3 builders. With a significant portion of Core DAO's community based in Africa, the establishment of this fund is a logical step to support and

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Bitcoin Technical Analysis: BTC Reclaims $41K Mark Following Short-Term Consolidation

Bitcoin's Price Movement The price of bitcoin is currently at $41,106, showing a significant increase from its 24-hour low of $39,538 and reaching a peak of $41,474. This upward movement indicates a 3% gain in the last day, reflecting a surge of optimism among investors in the short term. However, when looking at a broader

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EchoLink’s Launchpad on LBank Witnesses Remarkable Surge in First 30 Minutes

EchoLink's Trading Debut on LBank EchoLink, the latest project on LBank's Launchpad, has generated significant excitement in the cryptocurrency market. The trading for EchoLink commenced on January 26, 2024, with an initial price of $0.01. Surprisingly, within just the first 30 minutes, the price soared to $0.0763, representing an astounding 763% increase from its Launchpad

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The Importance of Understanding Gold IRA Withdrawal Rules

Introduction Gold IRAs have long been recognized as a reliable hedge against inflation, as gold has historically maintained its value during times of economic uncertainty. If you're considering making a withdrawal from your IRA, it's crucial to understand the withdrawal rules specific to gold IRAs to ensure your financial security. Gold IRA Withdrawal Rules The

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Forecasting Total Bitcoin Selling Pressure & Market Impact: GBTC Outflows

Introduction This article provides a heuristic analysis of GBTC (Grayscale Bitcoin Trust) outflows and aims to help readers understand the current state of GBTC selling and estimate the scale of future outflows. It is important to note that this analysis is not strictly mathematical, but rather serves as a tool to gain a high-level understanding

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Is Charles Schwab Ready to Shake Up the Bitcoin ETF Market?

Analysts Speculate on Charles Schwab's Potential Entry into the Bitcoin ETF Market In recent weeks, the U.S.-based spot bitcoin exchange-traded funds (ETFs) have gained significant traction, accumulating a total trading volume of $25.36 billion in just 11 days. This impressive performance has sparked discussions about the involvement of Charles Schwab, the American multinational financial services

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The CFTC Warns Investors About Dubious AI-Created Trading Algorithms

The Commodities Futures Trading Commission (CFTC) has issued a warning to investors regarding the potential risks associated with artificial intelligence (AI)-created trading algorithms in the cryptocurrency market. The commission advises investors to exercise caution and conduct thorough background research on companies or individuals offering such algorithms. Risks of AI-Created Trading Algorithms The CFTC has identified

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The U.S. Federal Reserve Lags Behind Peers in Developing a Central Bank Digital Currency

The Opposition to a CBDC A recent blog post by the non-partisan American think tank, the Atlantic Council, reveals that the U.S. Federal Reserve is falling behind its peers in the development of a central bank digital currency (CBDC). The post emphasizes the lack of resources and personnel dedicated to CBDC development and innovation within

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