Author name: Peter

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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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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