crypto ira

GBTC Bitcoin Trust Sees Significant Outflows Since January 12

Introduction Over the course of six days in the U.S. market, a total of nine newly launched spot bitcoin exchange-traded funds (ETFs) and the recently revamped GBTC saw a combined trading volume of $16.53 billion. However, GBTC, which accounted for the majority of this trade volume, experienced a substantial reduction in its bitcoin holdings. In […]

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Bitcoin Technical Analysis: Navigating Bearish Currents

Introduction Bitcoin, with a market capitalization of $798 billion and a 24-hour trade volume of $16.58 billion, is currently hovering just above the $41K zone. A detailed analysis of its 1-hour, 4-hour, and daily charts reveals a predominantly bearish trend. Oscillators and Key Indicators Oscillators, such as the relative strength index (RSI), Stochastic, and commodity

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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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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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Gold Backed IRA | Gold IRA Investing | Convert Roth IRA To Gold & Protect Your Retirement

Self-Directed Gold IRAs are great because they allow you to invest in precious metals without having to engage any middlemen. Actually, these accounts are so simple that even your grandmother could use them! When you purchase physical gold, silver platinum, palladium, and Rhodium bars, coins, rounds and bullion, you get instant liquidity. But if you

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Tether Holdings Limited Registers Record-Breaking Net Profit in Q4 2023

Bitcoin and Gold Price Appreciation Contribute to Tether's Record Profit In the last quarter of 2023, Tether Holdings Limited achieved a remarkable milestone by registering a net profit of $2.85 billion, setting a new record for the stablecoin issuer. This outstanding performance contributed to Tether's overall net profit in 2023, which reached an impressive $6.2

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