Author name: Peter

Grayscale’s Bitcoin ETF Sees $556 Million Outflow, Bitcoin Prices Drop Below $39K

Grayscale's Spot Bitcoin ETF Witnessed Significant Outflows Recent data reveals that Grayscale's spot bitcoin exchange-traded fund (ETF), known as GBTC, has experienced increased outflows. A substantial 14,292.18 bitcoin, valued slightly above $556 million, exited the fund after Monday's trading activities. This marks the largest outflow to date for GBTC, highlighting a notable decrease in its […]

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How to move 401K to Gold without penalty – Satori Traders

Self-Directed Gold IRAs are fantastic because they let you make investments in gold and other precious metals without needing to work with middlemen. They are so simple that your grandmother could manage it! When you buy physical silver, gold palladium, platinum, the rhodium coins, bars rounds and bullion you’ll have instant liquidity. If you’re looking

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JPMorgan Downgrades Coinbase Stock, Warns of Crypto Market Challenges

JPMorgan's Downgrade of Coinbase Stock Global investment bank JPMorgan has downgraded Coinbase Global (Nasdaq: COIN) from Neutral to Underweight, citing concerns about the future of the crypto market. The bank warns of a difficult time ahead, as crypto prices are already under pressure and the potential for cryptocurrency ETFs to deflate further. JPMorgan analyst Kenneth

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Report: Ethereum and Solana Showcase Unique Market Dynamics in Recent Altcoin Trends

Altcoin Dynamics Altered: Ethereum and Solana Lead Post-ETF Era In the ever-changing world of cryptocurrency markets, recent trends have revealed interesting divergences in the altcoin market, specifically between ethereum and solana in comparison to bitcoin. Glassnode, an onchain analytics firm, has released a comprehensive report that delves into this phenomenon. The latest edition of Glassnode's

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Mad Money Host Jim Cramer Questions Bitcoin’s Ability to Recover as Market Downturn Persists

Jim Cramer, the renowned host of CNBC's Mad Money show, remains skeptical about the future prospects of bitcoin as the cryptocurrency market continues to experience a significant decline. Cramer, who previously described the recent price drop as the start of a significant downward spiral, emphasized that it is unlikely for bitcoin to regain its stability.

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Peter Schiff Says Spot Bitcoin ETFs in Bear Markets, Warns of Deeper Losses

Peter Schiff's Spot Bitcoin ETF Outlook Gold bug and economist Peter Schiff has issued a warning regarding spot bitcoin exchange-traded funds (ETFs), stating that they are now in bear markets. Schiff specifically referred to the Proshares Bitcoin Strategy ETF, which has seen a decrease of over 50% in the past two years. He predicts that

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