Gold lacks the juice to break through $2,000 this week, but analysts don't recommend shorting it Gold’s inability to convincingly break above $2,000 an ounce is creating some cautious sentiment in the marketplace, with some analysts saying that prices might need to consolidate in the near term before the precious metal takes a run at […]

Both the SEC and the defense request a summary judgment in lawsuit against Terraform Labs and Do Kwon With justice served for one of the “crypto villains” of 2022 – Sam Bankman-Fried – the Securities and Exchange Commission (SEC) is looking to speed up the process for the other major villain of 2022, Terraform Labs […]

Gold Price News: Gold Falls for Third Day Ahead of Fed Rate Decision Gold is down for its third consecutive day with the precious metal now trading comfortably below $2,000 an ounce. While safe haven demand continues to be strong amid Israel’s ongoing attacks on Gaza, today also brings the latest Federal Reserve interest rate […]

Bitcoin price whipsaws on Fed rate decision, reclaims support above $34,600 The broader crypto market experienced a slight uptrend in trading on Wednesday after the Federal Reserve announced that it would be holding interest rates steady in a range of 5.25%-5.5%, the highest level in 22 years. While rates remain unchanged for the time being, […]

UK to implement first set of crypto regulations in 2024, Spain to implement MiCA in 2025 The government of the U.K. has completed its review of comments received from the public regarding its proposed regulatory regime for crypto assets and has decided to move forward with implementing the first set of rules to regulate the […]

China's gold output, consumption rise in 2023, gold ETFs add 9.53 tonnes in Q3 China’s gold production and consumption both increased over the first nine months of 2023, while the country’s gold ETFs also saw significant inflows in the third quarter, according to a report from Xinhua. “China produced 271.248 tonnes of gold in the […]

This is why the fiat system 'ruins everything' and 'must be destroyed' – Jimmy Song The fiat system is responsible for not only bad financial practices and mountains of debt but also distorted incentives on personal and professional levels, according to Jimmy Song, Bitcoin Developer, Author, Educator and Entrepreneur. In his new book, 'Fiat Ruins […]

Gold continues to shine as rising debt could cause bond yields to become unanchored – Sprott's McIntyre There is no question that geopolitical uncertainty caused by chaos in the Middle East was the spark that ignited safe-have demand for gold and drove prices up from their seven-month lows; however, there is another factor at play […]

Gold bulls on parade, S&P setup for a black Monday? Monday, I wrote that my base case for the S&P is that prices are headed to the 200-week average. The breach of the trendline is turning out to be significant; we can’t tell the future, but we can let the trendline be a guide. Even […]