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TrueUSD's Fluctuations Below $1 TrueUSD (TUSD), currently the fifth-largest stablecoin by market capitalization, has been facing difficulties in maintaining its targeted $1 peg since January 15, 2024. On January 17, TUSD's value dropped to $0.9709 per unit, although it briefly recovered to the $0.99 mark the next day. As of 10:30 a.m. Eastern Time (ET) […]

Abra to Refund Texas Investors in Settlement Over Unregistered Securities Offerings Crypto lender Abra has reached a settlement with the Texas State Securities Board (TSSB) following allegations of unregistered securities offerings. As part of the agreement, Abra will refund assets to Texan investors, with the opportunity for other U.S. clients to reclaim their investments. The

Introduction The Avalanche Foundation, a non-profit organization dedicated to supporting the avalanche ecosystem, has recently revealed the criteria for participating in its meme coin purchasing program. With the aim of promoting the culture and community value of meme coins, the foundation has set specific requirements that projects must meet in order to be considered eligible

Self-Directed Gold IRAs are a great way to invest in gold, without having to deal difficulties associated with buying physical bullion. This type of account permits investors to buy gold from the government directly and store it in their own name. Although many prefer tangible gold items, all is able to access it. Additionally physical

Introduction The price of Bitcoin on January 24, 2024, displayed a complex pattern of market fluctuations and investor sentiment. The cryptocurrency demonstrated significant volatility, with prices ranging between $39,878 and $40,069 in the past hour and a broader range of $38,505 to $40,515 over the course of 24 hours. Bitcoin Market Overview Bitcoin currently boasts

Arkham, a firm specializing in onchain intelligence, has announced the discovery of four sets of connected addresses associated with four new spot bitcoin exchange-traded funds (ETFs). These addresses are reportedly linked to fund managers including Blackrock, Fidelity, Bitwise, and Franklin Templeton. 4 ETFs Identified Onchain According to a post by Arkham Intelligence on Tuesday, the

Digital asset investment company Hashkey Capital has partnered with FTSE Russell, a subsidiary of the London Stock Exchange Group, to introduce three indices for tracking cryptocurrencies. These indices provide investors and traders with a comprehensive view of the digital asset market across different segments. Hashkey and FTSE Russell Introduce Comprehensive Crypto Asset Indices Hashkey Capital

Bitfarms' Ambitious Plan for 21 EH/s Capacity Bitfarms, a bitcoin mining enterprise listed on the U.S. stock market, has announced the successful acquisition of a new site in Yguazu, Paraguay. The company aims to use this site to build a 100 megawatt (MW) mining facility as part of its ambitious plan to increase its capacity

UBS Predicts Gold Price Rise, Rate Cuts UBS, a Swiss financial services company present in over 50 countries, has made a bullish prediction for gold in 2024. According to UBS analysts, they foresee a 10% increase in gold prices over the current market prices. This forecast is based on the expected policy pivot of the

Peter Schiff's Spot Bitcoin ETF Outlook Renowned gold bug and cryptocurrency skeptic, Peter Schiff, has issued a warning about spot Bitcoin exchange-traded funds (ETFs), stating that they are now in bear markets. Schiff specifically mentioned the Proshares Bitcoin Strategy ETF, which has experienced a decline of over 50% in just two years, and went on