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Economic Expert Jim Grant Anticipates Persistent High Interest Rates Post-FOMC Market participants, including both investors and traders, are eagerly awaiting the upcoming Federal Open Market Committee (FOMC) meeting scheduled for December 13, 2023. Speculation is rife about whether Fed Chair Jerome Powell will maintain the current elevated benchmark interest rate. Renowned economic expert Jim Grant, […]

Introduction The World Gold Council (WGC) has recently published its 2024 Gold Outlook report, in which it analyzes the potential behavior of the gold market in the coming year. The report takes into consideration various scenarios, including a "soft landing" of the U.S. economy and the possibility of a recession. This article will delve into

The U.S. Securities and Exchange Commission (SEC) has issued a renewed warning about the potential risks associated with investing in crypto assets. The regulatory body emphasized that investments in the crypto space are often "exceptionally risky" and highlighted the prevalence of fraudulent activities, including scams, Ponzi schemes, and outright theft. SEC's Crypto Investment Warnings The

Gold Remains Firmly Above $2,000 Despite not sustaining the record high from the start of the week, gold has remained firmly above $2,000, currently trading just below $2,050, which is a key resistance level. The price has shown little interest in the US jobs report or the Bank of Canada's interest rate decision, indicating that

The Importance of Risk Awareness for Institutional Investors Institutional investors looking to earn rewards from digital asset token staking must be well-informed about the associated risks. Andrew McFarlane, the CTO at Validation Cloud, a Web3 infrastructure company, emphasizes the need for asset managers to take steps to protect their clients. One particular risk that asset

Gold Reaches $2,071, Approaching Historical Peak The price of an ounce of pure gold has reached a near-record high of $2,071 this weekend. This level is just shy of its all-time high of $2,072.50, which was achieved on August 7, 2020, during the Covid-19 pandemic. Factors Driving Gold Prices Several factors are contributing to the

Lido, the leading liquid staking protocol (LSP), has achieved a significant milestone by holding over 9 million ethereum within its system. This represents an impressive 77.81% of the total ethereum value locked in current LSPs, highlighting Lido's dominant position in the market. Lido and Rocket Pool: Reaching New Heights with 9 Million and 1 Million

Financial Advisors Await Spot Bitcoin ETFs Ric Edelman, the founder of Edelman Financial Services and author of several personal finance books, recently discussed the potential for spot bitcoin exchange-traded funds (ETFs) during Coindesk's Unchained podcast. According to Edelman, financial advisors are eagerly awaiting the approval of spot bitcoin ETFs by the U.S. Securities and Exchange

The momentum of Ethereum (ETH) came to a halt after reaching the $2,100 resistance level. Similar to bitcoin, ETH experienced a 2% increase against the US dollar on Friday. Within a 24-hour period, the price of ether fluctuated between $2,024 and $2,111, demonstrating a volatile yet upward movement. At present, the market capitalization of ETH

Galaxy Digital CEO's Bullish Bitcoin Prediction In an interview on Bloomberg TV, Galaxy Digital CEO Michael Novogratz shared his belief that the price of bitcoin will experience a significant surge once the U.S. Securities and Exchange Commission (SEC) approves spot bitcoin exchange-traded funds (ETFs). He emphasized that the approval would result in a psychological shift