Author name: Peter

UBS Expects a 10% Rise in Gold Prices by 2024 as Fed Policy Shifts

UBS, a well-established financial services company, has made a bold prediction for the future of gold prices. According to their analysis, they anticipate a significant increase of 10% in gold prices by the year 2024. This projection is primarily based on the expected policy changes by the U.S. Federal Reserve, which is likely to initiate […]

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Spot Bitcoin ETFs Experience Lowest Volume Since Jan. 11; Grayscale Unloads Over 13,000 Bitcoin, 9 New ETFs Hold $4.91B in Assets

Introduction According to the latest data, spot bitcoin exchange-traded funds (ETFs) have recently seen a significant decline in trading volume. On Wednesday, these ETFs recorded their lowest trading volume day since Jan. 11, 2024, with approximately $1.28 billion in volume. In addition, Grayscale's Bitcoin Trust (GBTC) has offloaded another batch of bitcoins, totaling 13,178.50 bitcoin

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Canada’s Federal Court Declares Trudeau Government’s Crypto Freeze Unconstitutional

Judicial Rebuke: Crypto Freeze during 'Freedom Convoy' Protests Deemed Unlawful In a landmark ruling on January 23, the Federal Court of Canada declared the Trudeau government's decision to freeze funds and cryptocurrencies during the 2022 'Freedom Convoy' protests as unconstitutional. Justice Richard Mosley concluded that the use of the Emergencies Act was not justified since

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Is a Gold IRA Safe?

Self-DirectedGold IRAs are great because they let you put money into precious metals, without having to engage any middlemen. In fact, these accounts are so simple , even your grandmother could set it up! If you purchase physical gold, silver, platinum, palladium, and bar, rounds and bullion, you get immediate liquidity. If you’re looking diversify

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Understanding Multisig Bitcoin Wallets for Enhanced Security

When it comes to safeguarding your bitcoin, using a multisignature (multisig) wallet is widely considered one of the most secure methods. This approach eliminates risks associated with exchanges and custodians while addressing common issues related to self-custody. In this comprehensive guide, we will delve into the concept of multisig wallets, the benefits of self-custody, and

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Crypto Lender Abra Settles with Texas Investors, Commits to Asset Return

Abra Agrees to Refund Texas Investors Following allegations of unregistered securities offerings, crypto lender Abra has reached a settlement with the Texas State Securities Board (TSSB). As part of the agreement, Abra will return assets to Texan investors, while other U.S. clients will also have the opportunity to reclaim their investments. Regulatory Scrutiny and Settlement

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The Avalanche Foundation Announces Requirements for Meme Coins in Purchasing Program

Introduction The Avalanche Foundation, a non-profit organization dedicated to supporting the avalanche ecosystem, has recently unveiled the criteria for meme coins to participate in its active purchasing program. With the aim of providing clarity and transparency, the foundation has outlined specific requirements related to holder count, concentration, liquidity, liquidity providers, lifespan, and market cap. The

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