Author name: Peter

Hong Kong Regulators Update Crypto Policy to Protect Retail Investors

Introduction The Hong Kong Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) have recently updated their crypto policy in response to industry enquiries. The authorities have introduced additional measures to protect retail investors, particularly by restricting their access to what is considered "complex products" in the virtual asset (VA) market. Background […]

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Bitcoin.com Partners With Hummingbot in VERSE/USDT Campaign on KuCoin With $15,000 in Rewards

Introduction Bitcoin.com, a global leader in introducing newcomers to cryptocurrency, is excited to announce a strategic partnership with Hummingbot to launch an innovative campaign. The campaign aims to enhance liquidity and trading volumes for the VERSE/USDT trading pair on KuCoin, a popular cryptocurrency exchange. About the Campaign The campaign is structured around Hummingbot's Liquidity Miner

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Robert Kiyosaki Anticipates Bitcoin to Touch $135,000, Predicts Upsurge in Gold Value

Robert Kiyosaki, the acclaimed author of "Rich Dad Poor Dad," foresees a significant rise in the value of Bitcoin, predicting it might reach as high as $135,000. Concurrently, he anticipates a considerable growth in gold prices, with a potential increase up to $3,700. Conversely, Kiyosaki also issued a warning regarding the potential pitfalls for those

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Peter Schiff Warns of Inflationary Depression and Predicts Recession

Economist Peter Schiff's Warning Economist Peter Schiff has issued a stark warning about the U.S. economy, predicting an inflationary depression and a more severe and prolonged recession. Schiff has highlighted the increasing national debt and federal budget deficits as key factors that will lead to a collapse in demand for U.S. dollars. He believes that

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Chair Jerome Powell’s Commitment to Curb Inflation: A Deeper Look

Chairman of the Federal Reserve, Jerome Powell, emphasized his commitment to decreasing inflation in a recent address. He also hinted at the possibility of additional increments in interest rates to regulate persistent price pressures. Here, we delve into his speech and its implications on the market. Fed's Tightening Monetary Policy: A Solution to Persistent Inflation?

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The Potential Impact of Rising National Debt on the U.S. Dollar’s Reserve Currency Status

Jeffrey Gundlach, a well-known billionaire and financial expert, has voiced his concerns about the potential jeopardy facing the U.S. dollar's reserve currency status due to the escalating national debt. The future of the U.S. dollar and the possible surge in inflation is largely dependent on the control and management of the budget and spending, warns

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Peter Schiff’s Opinion on Bitcoin: A Detailed Analysis

Peter Schiff, a distinguished economist and avid supporter of gold, has shared his strong opinions about the role and relevance of Bitcoin in the current economic scenario. Schiff's comments suggest a strong disapproval of Bitcoin, calling it futile and drawing parallels between its supporters and a cult, bent on persuading others to invest in Bitcoin

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Bitcoin and Ethereum Rally: A Technical Analysis

Bitcoin and Ethereum, two leading cryptocurrencies, have recently witnessed a significant surge in their market values. The increase in Bitcoin price above $30,000 is largely fueled by the growing market anticipation that the U.S. Securities and Exchange Commission (SEC) may soon greenlight several spot Bitcoin ETFs. Bitcoin's Stellar Performance Bitcoin's market performance reached a high

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A Surge in XRP and Solana’s Value Following Recent Legal Developments

In a triumphant turn of events for the cryptocurrency world, XRP and Solana experienced a significant surge in their value last Friday. This spike in their prices was a direct result of the Securities and Exchange Commission's (SEC) decision to drop its lawsuit against the management of Ripple. XRP's Remarkable Growth XRP, Ripple's digital currency,

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Bitcoin ETF Enthusiasm Meets Skepticism: Concerns of Market Manipulation Emerge

With the recent rise in anticipation for a potential Bitcoin exchange-traded fund (ETF), not all market participants share the same level of enthusiasm. Critics emphasize the potential vulnerabilities that a spot Bitcoin ETF could introduce into the market, citing concerns similar to those surrounding the gold and silver markets. The approval of such an ETF

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