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It’s Not Looking Good for Bitcoin HODLers, Warns Peter Schiff as BTC Correction Continues

The popular bitcoin perma-bear Peter Schiff has carried out another verbal attack on X during the most recent price correction that drove the asset to a multi-day low of around…

Continue ReadingIt’s Not Looking Good for Bitcoin HODLers, Warns Peter Schiff as BTC Correction Continues

Russia Warns US of Further Aggravation After Funding Bill Passes Amid Heightened Geopolitical Strife

Amid ongoing global tensions, the price of gold remains robust at $2,391 per troy ounce, while bitcoin continues to trade at a 12% deficit from its peak value. Recently, the…

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Economist Peter Schiff Declares ‘Bitcoin Fad is Over’ as Gold Prices Soar

After the overnight Israeli retaliatory strikes against Iran, gold prices have settled around $2,388 per ounce, having briefly touched the $2,400 mark right after the events. Over the last five…

Continue ReadingEconomist Peter Schiff Declares ‘Bitcoin Fad is Over’ as Gold Prices Soar

Here’s Why Bitcoin (BTC) Will Not Stop at $100K: Arthur Hayes (Live From Token2049)

While talking about the monetary policies undertaken by the US government as well as other economic giants like China and Japan, BitMEX’s co-founder, Arthur Hayes, highlighted Bitcoin as the only…

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Goldman Sachs Raises Gold Price Forecast to $2,700, Acknowledges Rise Not Caused by Usual Macro Factors

Goldman Sachs, a leading investment banking institution, has updated its gold price forecast due to the unforeseen strong performance of the metal in 2024. In a note directed to investors,…

Continue ReadingGoldman Sachs Raises Gold Price Forecast to $2,700, Acknowledges Rise Not Caused by Usual Macro Factors

Gold and Silver Weather the Storm as Middle East Unrest Shakes Crypto Markets

Over the weekend, cryptocurrency assets saw a significant drop, with the crypto economy shedding more than 5% to fall to $2.3 trillion, while precious metals also saw declines, albeit less…

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Not Just Bitcoin: Gold’s Price Dropped 4% in Hours After Fed’s Latest Rate Cuts Comments

The cryptocurrency market is known and critiqued (by some) for its enhanced volatility, a good example of which it witnessed in the past 12 hours or so when prices tumbled,…

Continue ReadingNot Just Bitcoin: Gold’s Price Dropped 4% in Hours After Fed’s Latest Rate Cuts Comments

Costco Gold Business Booming: Estimations Put Monthly Sales Close to $200 Million

According to Wells Fargo estimations, U.S.-based retailer Costco runs a $200 million gold business monthly. Consumer trust in the organization and its aggressive pricing have made Costco’s one-ounce bars of…

Continue ReadingCostco Gold Business Booming: Estimations Put Monthly Sales Close to $200 Million

Rate Cuts Could be ‘Out the Window’ After March CPI Data Reveals Stubborn Inflation, Tradestation Exec Says

The U.S. Consumer Price Index (CPI) experienced a higher increase than anticipated in March, climbing by 0.4% over the month to reach 3.5%. The Bureau of Labor Statistics reported that…

Continue ReadingRate Cuts Could be ‘Out the Window’ After March CPI Data Reveals Stubborn Inflation, Tradestation Exec Says