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Economist and gold bug Peter Schiff believes that the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) will have little impact. Schiff argues that there is no real need for a bitcoin ETF since individuals can easily buy and store bitcoin themselves. He predicts that there will be […]

Introduction Investment bank TD Cowen's research team anticipates that the U.S. Securities and Exchange Commission (SEC) will approve a spot bitcoin exchange-traded fund (ETF) by the Jan. 10 deadline. The bank views this approval as a "political necessity" for the SEC to solidify its role as a crypto regulator before Congress considers broader crypto legislation.

Renowned Author Robert Kiyosaki Raises Concerns Robert Kiyosaki, the author of the best-selling book Rich Dad Poor Dad, has issued a warning about the future of the U.S. economy. According to Kiyosaki, our leaders are steering the country towards an economic depression and a war. As a result, he strongly advises individuals to consider investing

Facilitating Access To Wellness As the medical sector continues to expand globally, patients are seeking healthcare options beyond their local areas. This has led to the growth of medical tourism, where patients travel to other countries for treatment. To support this trend, decentralized currency solutions, such as Bitcoin, are being used for treatment payments. A

Introduction The stablecoin market, despite experiencing a decline in 2022, saw a resurgence towards the end of 2023, reaching heights not seen since May. However, among the top ten stablecoins by market capitalization, only two witnessed an increase in supply over the last 30 days. This article will delve into the performance of stablecoins in

AI Crypto Market Cap Surges to $7 Billion Amidst Record 30-Day Gains The realm of the crypto economy dedicated to artificial intelligence (AI) has been steadily expanding. In the past 34 days, starting from November 29, 2023, the market capitalization of AI-focused crypto assets has surged by an impressive $1.75 billion. More than half of

The anticipated approval of spot bitcoin exchange-traded funds (ETFs) applications by the U.S. Securities and Exchange Commission (SEC) is predicted to cause the price of the top cryptocurrency to surge to $50,000 in January, according to the latest market preview by Matrixport. The crypto financial services platform also suggests that the price of BTC could

Failed Attempt to Pay with Rupees The Indian Oil Ministry has recently admitted that their efforts to pay for oil with rupees have been unsuccessful. Suppliers are hesitant to accept payment in the local currency due to concerns about repatriating their funds. The goal of this initiative was to reduce India’s reliance on the U.S.

Peter Schiff's 2024 Economic Predictions Renowned economist Peter Schiff has shared his predictions for the U.S. economy in 2024, and they are not optimistic. In a series of posts on social media platform X, Schiff warned that the economy will crash into a recession and high inflation will return with a vengeance. The U.S. Dollar

Introduction Cathie Wood, the CEO of Ark Investment Management, believes that spot bitcoin exchange-traded funds (ETFs) will attract significant institutional participation once they are approved by the U.S. Securities and Exchange Commission (SEC). In an interview with Yahoo Finance, Wood explained that if institutional investors allocate even a small percentage of their assets to a