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The U.K. Metropolitan Police have reportedly confiscated over 61,000 bitcoins from a massive Chinese investment scam. A British citizen is accused of laundering bitcoin for a Chinese fugitive who allegedly stole approximately $6.4 billion from more than 128,000 investors. British Police Seize Over 61,000 Bitcoins The U.K. Metropolitan Police have seized more than 61,000 bitcoins […]

Economist Peter Schiff believes that the recent decision by Federal Reserve Chairman Jerome Powell to take the March rate cut off the table may actually increase the probability of a rate cut happening in March. Schiff argues that the Federal Reserve's role is to create inflation and then pretend to combat it. He emphasizes that

Tether, the leading stablecoin issuer, has announced today the results of its audit, conducted by renowned auditing firm BDO. The audit report reveals that Tether holds over $2.8 billion worth of Bitcoin, solidifying its strong financial position in the market. Audit Confirms Tether's Financial Standing The recently published audit report provides a comprehensive analysis of

Fed Maintains Federal Funds Rate On Wednesday, Jan. 31, 2023, the U.S. Federal Reserve made the decision to keep the federal funds rate unchanged. The Federal Open Market Committee (FOMC) also stated that it does not expect to lower the target range until it is more confident that inflation is steadily approaching the 2% mark.

The U.S. Securities and Exchange Commission (SEC) has decided to abandon its lawsuit against Debt Box, a crypto company that was accused of defrauding investors of millions. This surprising move comes after the SEC admitted to presenting misleading information in court, which has significantly undermined the agency's case and credibility. SEC Requests Dismissal of Lawsuit

In his latest revelation, Robert Kiyosaki, the prominent author of the best-selling book Rich Dad Poor Dad, explains why he has chosen to invest in bitcoin. According to Kiyosaki, bitcoin serves as a protective measure against the continuous theft of wealth orchestrated by the Federal Reserve, the government, and Wall Street bankers through inflation, taxation,

Introduction Bitcoin, the leading digital currency by market cap, displayed interesting market dynamics on January 29, 2024. Within the last hour, the value of Bitcoin fluctuated between approximately $41,950 and $42,069, indicating a narrow trading range. This article will analyze various indicators and provide insights into the current state of the market. Bitcoin Market Overview

The Growing Potential Demand for Bitcoin Last week, I provided context on the significant buying pressure that Bitcoin is experiencing. However, there is another, potentially even larger, source of demand entering the scene. We are already aware that Bitcoin ETFs, MicroStrategy's issuance of more shares to buy Bitcoin, Tether's constant buying, and the halving will

Introduction Responding to intense competition in the spot bitcoin ETF market, Invesco and Galaxy Asset Management have made a strategic move to gain traction by reducing the long-term fee for their joint spot bitcoin ETF, the Invesco Galaxy Bitcoin ETF (BTCO). This fee reduction aims to position BTCO more competitively against dominant players in the

Self-Directed Gold IRAs are a great way to make investments in gold without having to deal difficulties associated with buying physical bullion. This kind of account allows investors to purchase gold directly from the government and then store it in their name. Although many prefer to have tangible gold items, everyone has access to it.