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  • Market Cap: $2,633,575,210,650.84
  • 24h Vol: $80,501,009,164.67
  • BTC Dominance: 58.14%

commodities

mike-mcglone-—-hedge-funds-push-gold-toward-$3k-amid-global-market-uncertainty

Mike McGlone — Hedge Funds Push Gold Toward $3K Amid Global Market Uncertainty

Leave a Comment / Bitcoin, Bloomberg Intelligence, China economic slowdown, Cold War 2.0, commodities, Copper, Crude Oil, Crypto Hacked, Cryptocurrency, Economics, Ethereum, Federal Reserve, geopolitical tensions, gold, Hedge Funds, Mike McGlone / / / , , , , , , , , , , ,

In a recent interview, Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, emphasized the significant role of hedge funds in gold’s ongoing price surge. McGlone shared his insights on the impact of macroeconomic factors, including China’s economic slowdown and the Federal Reserve’s monetary policies, on the commodities market. Gold Eyes $3,000 Mark Amid Hedge Fund […]

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Hong Kong Judge Rules Crypto Assets as ‘Property,’ Following Similar Rulings Worldwide

Leave a Comment / beijing, Bitcoin, chinese law, classification, commodities, common law jurisdictions, company's digital assets, Congress, crypto assets, Crypto Hacked, Cryptocurrency, debate, Ethereum, Gatecoin, Hogan Lovells, Hong Kong, insolvency practitioners, intermediate court, Judge Chan, Law, legal protection, liquidators, Nations, nature, News, property, Property Rights, Protection, Regulatory Agencies, Research, ruling, scope, Securities, Supreme Court, treatment, trust, United States, Virtual Currencies, Virtual Property, winding-up scenario, worldwide / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

In a court case linked to the now-defunct crypto exchange Gatecoin, a Hong Kong judge has ruled that cryptocurrencies are “property” which is “capable of being held on trust.” According to the law firm Hogan Lovells, this case should provide greater clarity to insolvency practitioners and other common law jurisdictions. Hong Kong Judge Designates Crypto

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analysts-suspect-banking-crisis-triggered-‘resting-bull-market’-in-gold,-silver-could-print-much-higher-gains

Analysts Suspect Banking Crisis Triggered ‘Resting Bull Market’ in Gold, Silver Could Print Much Higher Gains

Leave a Comment / asset allocation, Banking Crisis, Bart Melek, Bitcoin, commodities, commodity prices, Crypto Hacked, Cryptocurrency, Diversification, Ethereum, Federal Reserve, Financial Markets, Global Economy, gold, inflation, investment, Investors, market analysis, Market Disruption, Market Forecast, market outlook, Market Performance, Market predictions, Market Risks, Market Strategy, Market Trends, Market Uncertainty, market volatility, Mike McGlone, News, Northstar, Northstar Charts, pandemic, portfolio management, Precious Metals, Richard Mills, risk assets, silver, trading strategies, US Dollar Index, US Treasury Bonds, Wealth preservation / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

At the start of the week, a troy ounce of .999 fine gold was trading at $1,813 per unit. Seven days later, gold rose 9.65% against the U.S. dollar to the current spot price of $1,988 per ounce. Gold’s rise comes at a time when confidence in the global banking system is at an all-time

Analysts Suspect Banking Crisis Triggered ‘Resting Bull Market’ in Gold, Silver Could Print Much Higher Gains Read More »

new-york-attorney-general-files-lawsuit-against-kucoin-and-declares-ethereum-a-security

New York Attorney General Files Lawsuit Against Kucoin and Declares Ethereum a Security

Leave a Comment / Bitcoin, broker-dealer, Coinex, commodities, crypto assets, crypto exchange, crypto forums, Crypto Hacked, crypto platforms, Cryptocurrency, Developers, enforcement action, Ethereum, ethereum security, Exchange, ICO, Impact, investment, KuCoin, Lawsuit, Letitia James, Market Capitalization, New York Attorney General, News, OAG, registered, Regulation, Securities, Seychelles, Social Media, State, U.S. dollar / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On March 9, 2023, New York attorney general Letitia James announced that her office had once again cracked down on crypto platforms by filing a lawsuit against the Seychelles-based crypto exchange Kucoin. Members of the Office of the Attorney General (OAG) were able to purchase crypto assets, despite the exchange not being registered in the

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commodity-strategist-mike-mcglone-predicts-a-recession-as-top-catalyst-for-gold’s-rise-above-$2,000

Commodity Strategist Mike McGlone Predicts a Recession as Top Catalyst for Gold’s Rise Above $2,000

Leave a Comment / bear markets, Bitcoin, Bitcoin rally, Bloomberg Intelligence, Central Bank, commodities, Crypto Hacked, Cryptocurrency, economic contraction, equities, Ethereum, Financial News, global cryptocurrency market capitalization, Gold Prices, inflation, March outlook, market analysis, market bounce, Market Capitalization, Market Data, market outlook, Market Trends, Markets and Prices, Mike McGlone, monetary tightening policies, nasdaq, Precious Metals, Recession, risk assets, Senior Macro Strategist, Silver Prices, Stock Market, U.S. economy, U.S. Federal Reserve, yield curve / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

This week, Bloomberg Intelligence senior macro strategist Mike McGlone shared his March outlook and noted that the “top catalyst” that could push gold above the $2,000-per-ounce range is a recession. McGlone further explained in an update about bitcoin and the Nasdaq that a key ingredient to force the U.S. Federal Reserve to pivot its stance

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Gold to Lose Its Shine as Harry Dent Predicts Massive Crash; Bitcoin to Follow Suit With Low of $3,250

Leave a Comment / Bitcoin, Bitcoin (BTC), bubble, commodities, Crash, Crypto Hacked, Cryptocurrency, decline, digitization, Economics, Economy, Ethereum, financial assets, Financial Author, gold, Harry Dent, HS Dent Investment Management, Kitco News, lateral movement, long-term boom, Michelle Makori, nasdaq, near future, Safe haven, Stock Market, trend, Value / / / , , , , , , , , , , , , , , , , , , , , , , , ,

Gold has seen a significant increase in value in 2023, with spot prices rising from $1,823 per ounce to the current price of $1,937 per ounce. However, Harry Dent, founder of HS Dent Investment Management, believes that this trend may not continue in the near future. Dent predicts that gold may lose value to the

Gold to Lose Its Shine as Harry Dent Predicts Massive Crash; Bitcoin to Follow Suit With Low of $3,250 Read More »