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Cathedra Bitcoin Announces Non-Brokered LIFE Offering to Purchase BTC

Cathedra Bitcoin Inc. has unveiled a non-brokered private placement aimed at raising up to C$2.5 million ($1.85 million). The funds will be used for bitcoin purchases, infrastructure expansion, and general…

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PCE Report Triggers Gold Slide, Analyst Warns Fed Rate Cut Could Deepen Losses

On Friday, Aug. 30, 2024, gold experienced a decline in value, coinciding with the U.S. Commerce Department’s release of the personal consumption expenditures (PCE) price index data. The PCE climbed…

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Devere CEO Advises Shifting Away From US Assets as Dollar Weakens

Nigel Green, CEO of financial advisory and investment management firm Devere Group, has advised investors to reassess portfolios due to the U.S. dollar’s significant drop, which signals a potential shift…

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Bloomberg’s Mike McGlone: Recession Fears Could Drive Gold to $3,000

In a recent interview with Kitco News, Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, warned that the current economic situation might surpass the 2008 financial crisis in severity. Drawing…

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Past vs. Present — Examining Bitcoin’s History of Bull Market Corrections

As of now, the price of bitcoin has decreased by 23.4% from its peak of $73,737, reached on March 14, 2024, about four months ago. Metrics indicate that this is…

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Tidal Investments Proposes Bitcoin and Gold ETF to Mitigate Market Volatility

Tidal Investments has announced a proposal for an actively-managed exchange-traded fund (ETF) that combines investments in bitcoin and gold. This fund aims to provide long-term capital appreciation while mitigating short-term…

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Medical Tech Firm Semler Scientific Invests in Bitcoin, Acquires 581 BTC

On Tuesday, the publicly traded medical technology firm Semler Scientific announced its decision to allocate bitcoin to its treasury. The company disclosed that it had acquired 581 bitcoins for a…

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Tesla CEO Elon Musk Gives Investment Advice He Says ‘Will Serve You Well in the Long Term’

Tesla and Spacex CEO Elon Musk has shared his recommended investment strategy, which he believes “will serve you well in the long term.” Some people noted that Musk’s strategy is…

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Binance CEO Says He and Warren Buffett Use Similar Investment Strategy but Doubts Buffett Has Skills to Keep Crypto Safe

The CEO of cryptocurrency exchange Binance says that he and Berkshire Hathaway CEO Warren Buffett share a similar investment strategy. However, he said he would not convince the Oracle of…

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