Bank of Canada Governor Warns of ‘Sharp Correction’ Risks in Markets and ‘System-Wide Stress’

In his speech on the release of the Financial Stability Report, Tiff Macklem, Governor of the Bank of Canada, sought to emphasize the purported strength of Canada’s financial system while cautioning against ongoing risks that could precipitate a “sharp correction” in markets, potentially leading to widespread financial strain. “Some indicators of financial stress have risen,” … Read more

Ark Invest Removes Staking Option From Latest Ethereum ETF Proposal

Ark Invest and 21shares have revised their proposal for a spot ethereum exchange-traded fund (ETF), removing previously included options for staking. This change marks a significant pivot from their earlier filings, which had contemplated engaging trusted staking providers to manage part of the trust’s assets. Ark Invest and 21shares Modify Ethereum ETF Proposal, Omit Staking … Read more

South African Fintech Startup Leseka Tech Signs Deal to Buy Payments Provider for $86M

Lesaka Technologies, a fintech startup based in South Africa, recently signed a deal to acquire Adumo, a payment solutions provider, for nearly $86 million. Under the terms of the agreement, Lesaka Technologies will pay Adumo $12.5 million in cash. The funds will be sourced both internally and from external financiers. Lesaka Technologies to Issue Shares … Read more

Exploring the Surge of Maker (MKR) and Top 2024 Cryptocurrencies Including BlockDAG

BlockDAG Draws Attention with a Remarkable Show at Piccadilly Circus While Hump and MakerDAO Seek Growth As Hump continues to challenge Dogecoin’s popularity and MakerDAO (MKR) showcases a positive pricing trend, both are becoming favorites among cryptocurrency enthusiasts. Meanwhile, BlockDAG is increasingly regarded as one of the top cryptocurrencies for 2024, having marked its CoinMarketCap … Read more

Robert Kiyosaki Advises Preparing for Depression — ‘For Years I Could See This Crisis Coming’

Rich Dad Poor Dad author Robert Kiyosaki has advised preparing for an economic depression. He emphasized the importance of being ready for the worst, cautioning against the complacency prevalent among many who prefer to “live in Disneyland.” He added that he could see this crisis coming for years, which is why he has adopted a … Read more

Veteran Trader Peter Brandt Warns of SEC’s Full-Scale Assault on Crypto Staking — ‘It’s Going to Be a Bloodbath’

Veteran trader Peter Brandt has predicted a severe regulatory crackdown on cryptocurrency staking by U.S. regulators, including the Securities and Exchange Commission (SEC). “It’s going to be a bloodbath,” he warned, cautioning that he believes it is “illegal as hell” and will be “attacked with all-out vengeance.” ‘It’s Going to Be a Bloodbath’ Veteran trader … Read more

Peter Schiff: Gold, Silver ‘Ready to Explode Higher’ — Sees ‘Biggest Precious Metals Bull Market in History’

Gold advocate and economist Peter Schiff has predicted an explosive rise in gold and silver prices. While encouraging investors to “Take advantage of what could be the biggest precious metals bull market in history,” Schiff calls bitcoin “dead money,” expecting outflows from spot bitcoin exchange-traded funds (ETFs) to “soon put significant downward pressure on bitcoin.” … Read more

You have not selected any currencies to display