crypto ira

Introduction Commodity market expert Mike McGlone from Bloomberg has recently expressed concerns about the declining performance of Bitcoin compared to gold. According to McGlone, the bitcoin/gold ratio has dropped by approximately 40% since its peak in 2021. Bitcoin's Underperformance against Gold Mike McGlone, a renowned commodity analyst, has pointed out that Bitcoin has failed to […]

El Salvador to Maintain Bitcoin as Legal Tender El Salvador's Vice President Felix Ulloa confirmed that bitcoin will continue to be recognized as legal tender in the country even if President Nayib Bukele gets reelected. This decision comes despite the International Monetary Fund (IMF) urging El Salvador to abandon the use of cryptocurrency as legal

Bitcoin Advocate Nayib Bukele Gets Reelected With 85% of the Popular Vote President Nayib Bukele, a pioneer in introducing the law that made bitcoin legal tender in El Salvador, has been reelected as president of the country in the ballot completed on Sunday. The Latam leader, who will reportedly continue implementing bitcoin-related policies, won by

Introduction Robert Kiyosaki, the renowned author of the best-selling book "Rich Dad Poor Dad," has once again issued a warning about the imminent crash of the stock and bond markets. Despite the market's upward trajectory, Kiyosaki is urging people not to be deceived by the apparent strength of the economy. In fact, he believes that

Genesis Strikes $21 Million Deal With SEC to Resolve Lawsuit Genesis Global Holdco, a subsidiary of Digital Currency Group, has reached a $21 million settlement to resolve a lawsuit brought against it by the Securities and Exchange Commission (SEC). The lawsuit alleged that Genesis engaged in the unregistered offer and sale of securities through its

Tether, the leading stablecoin issuer, has announced today that it possesses a robust balance sheet with ownership of over $2.8 billion in Bitcoin. This valuable information has been revealed following an audit conducted by BDO, a renowned auditing firm. The official auditor's report provides a comprehensive analysis of Tether's financial standing, including detailed information on

Renowned author Robert Kiyosaki, famous for his book Rich Dad Poor Dad, has recently shed light on why he believes owning bitcoin is crucial. Kiyosaki argues that the cryptocurrency serves as a safeguard against the theft of wealth through the manipulation of traditional financial systems. In particular, he highlights the actions of the Federal Reserve,

The U.S. Securities and Exchange Commission (SEC) has decided to abandon its lawsuit against Debt Box, a crypto company previously accused of defrauding investors of millions. This decision comes after the SEC acknowledged presenting misleading information in court, which undermines the agency's case and credibility. SEC Requests Dismissal of Lawsuit The lawsuit, originally filed against

Invesco and Galaxy ETF Fee Slashed in Response to Intense Market Competition In response to the intense competition in the spot bitcoin exchange-traded fund (ETF) market, Invesco and Galaxy Asset Management have made a strategic move to lower the long-term fee of their joint spot bitcoin ETF, the Invesco Galaxy Bitcoin ETF (BTCO). This decision,

Bitcoin: A Digital Equivalent of Gold Douglas Boneparth, the president and founder of Bona Fide Wealth, recently expressed his perspective on bitcoin, likening it to a digital equivalent of gold or a store of value in the digital realm. He highlighted the contrasting approaches between traditional trade finance giants like Blackrock and Fidelity, and crypto-focused