Peter Schiff warns inflation is accelerating and the Fed is failing, arguing gold is poised to soar as real interest rates fall and economic instability grows. Peter Schiff Sounds Alarm on Inflation and Economic Instability Economist and gold advocate Peter Schiff has issued a stark warning about inflation, arguing that the Federal Reserve’s response is … Read more
Robinhood has reported a record-high revenue for the fourth quarter, at $1.01 billion, a 37% quarterly increase. This was primarily due to a massive increase in cryptocurrency transaction fees in the current quarter, which stood at $358 million, a 491% increase from the previous quarter. The increase in crypto revenue also brought a new interest … Read more
Asset manager Hashdex will launch The Hashdex Nasdaq Crypto Index US ETF (exchange-traded fund) on Feb. 14, Nasdaq announced. Qualified U.S. investors will have broad, balanced exposure to the crypto market through the instrument. It is the first approved of several applicants for similar ETFs. The Nasdaq Crypto Index follows nine cryptocurrencies that are weighted according to their … Read more
The Bank of Montreal (BMO), Canada’s third largest bank by asset size, quietly purchased approximately $150 million in spot bitcoin ETFs. The information came to light when the bank filed its Form 13F-HR with the U.S. Securities and Exchange Commission (SEC) on Thursday. The regulator requires institutional investment managers who manage more than $100 million … Read more
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Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet … Read more
NZD/JPY slides to 86.65 on Thursday, marking a continued retreat from recent highs. The pair struggles to regain ground after facing rejection at the 20-day SMA, highlighting weak bullish attempts. With fading momentum and declining RSI, further losses may be in store unless buyers regain control. The NZD/JPY pair took another step lower on Thursday, … Read more
Recently unsealed court records indicate that a family was kidnapped by a group of six individuals in Chicago last November. Kidnappers asked for a $15 million ransom in cryptocurrency before releasing the family near a dry cleaning business. Kidnappers Demand $15 Million Crypto Ransom for Release of Family in Chicago As crypto gains relevance, more … Read more
The U.S. Securities and Exchange Commission (SEC) has significantly scaled back its cryptocurrency enforcement efforts. In a recent tweet, John Reed Stark, a former official at the SEC, claimed in this regard that the agency’s crypto enforcement division is now “dead and buried.” The SEC Crypto Unit is Now Unofficially Dead and Buried Per LinkedIn, … Read more
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet … Read more