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Financial Analysts Estimate Gold Might Reach $3,000 Propped up by Rate Cuts


Several financial analysts predict that gold prices will continue to gain ground, supported by forecasts that the Federal Reserve will cut interest rates later this year. According to Patrick Yip of American Precious Metals, the $3,000 mark could be reached as soon as next year if geopolitical...

US Bitcoin ETFs on the Verge of Controlling 1 Million BTC


According to the latest data collected on Aug. 16, 2024, the 12 spot bitcoin exchange-traded funds (ETFs) collectively hold around 910,153.83 BTC, which translates to over $53 billion at the current exchange rates. Leading the pack is Blackrock’s IBIT, holding the largest portion with 38.34%...

Eric Trump Interview Teases ‘Digital Real Estate’ Crypto Venture


Eric Trump, son of former President Donald Trump, recently shed some light on the mysterious crypto project that he and his brother, Donald Trump Jr., have been hinting at. In an exclusive interview with the New York Post, Trump revealed that the project revolves around “digital real...

Binance Goes Live in India: Full Access for Indian Users


Binance has registered as a reporting entity with India’s Financial Intelligence Unit. Binance CEO Richard Teng emphasized the importance of the Indian market and the crypto exchange’s dedication to providing secure and efficient services. With this registration, Indian users now have...

CPI Report Sparks Fed Rate Cut Hopes as Inflation Slows to 2.9%


On Wednesday, the U.S. Bureau of Labor Statistics rolled out its latest consumer-price index (CPI) report, revealing a 2.9% increase over the past 12 months through July—falling just short of economists’ 3% forecast. This data nudged CME futures metrics upward, reflecting growing market...

Police Warn of Bitcoin Scammers Posing as Bank Representatives


The Carroll County Sheriff’s Office in the U.S. state of Georgia has issued a warning about a cryptocurrency scam. Scammers are posing as representatives of financial institutions, informing individuals that their accounts have been compromised. They then instruct victims to withdraw funds from...

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