investment strategy

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Cathedra Bitcoin Announces Non-Brokered LIFE Offering to Purchase BTC

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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 corporate needs. Cathedra Bitcoin’s Bold Private Raise Cathedra (TSX-V: CBIT; OTC: CBTTF) has recently shifted its focus away from bitcoin mining, opting to prioritize bitcoin … Read more

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

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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 by 2% in July, aligning perfectly with market expectations. During the day, gold hit a low of $2,495, but it later bounced back, crossing the … Read more

Devere CEO Advises Shifting Away From US Assets as Dollar Weakens

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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 in market dynamics. The dollar’s decline could present both challenges and opportunities, he said, advising investors to strategically diversify away from dollar-heavy assets to capitalize … Read more

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

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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 comparisons to pre-2008 indicators, McGlone highlighted significant risks of increased stock market volatility and global recession, particularly emphasizing economic challenges in China. He suggested that … Read more

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

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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 the longest period in bitcoin’s history without a 25% decline during a bull market. In contrast, both the 2017 and 2021 bull markets experienced several … Read more

Tidal Investments Proposes Bitcoin and Gold ETF to Mitigate Market Volatility

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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 market volatility through dual exposure to these asset classes. Tidal Looks for SEC Approval for a Leveraged Bitcoin and Gold ETF The STKD Bitcoin and … Read more