Citigroup analysts foresee a significant increase in silver’s value, potentially hitting $30 per unit within the next 6-12 months, according to the multinational bank’s latest silver assessment. The experts at Citi predict an ongoing decline of the U.S. dollar and anticipate a decrease in the federal funds rate at some point. Silver’s Value Poised to…
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The Central Bank of Russia predicts an increase in the issuance of digital assets, citing some of their advantages. The monetary authority has published a report presenting the progress made by the growing industry and assessing the prospects for its further development. Russia’s Central Bank Issues Report on Market for Digital Assets The Central Bank…
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Bank of Russia raised its forecast for the profits of Russian banks in 2023, expecting results that may break the 2021 record. This year’s high numbers are coming after 2022 became the worst annual period in seven years for the sanctioned Russian banking sector in terms of financial outcome. Banks in Russian Federation Headed for…
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Silver prices have been hovering just below the $21 per troy ounce mark over the last 24 hours, after jumping above the $24 range in mid-January. While long-term and modest forecasts expect silver to hit $30 by 2025 and $40 by 2027, Keith Neumeyer, CEO of First Majestic Silver, thinks medium to long-term, silver could…
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February has been a rollercoaster ride for cryptocurrency traders, with market volatility leading to high levels of price uncertainty. Following a strong start to the month, bitcoin prices have since plunged, resulting in a current bear run. However, with just over two weeks left of this short month, what else could be in store for…
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Ran Goldi is VP of Payments for Fireblocks, a provider of digital asset infrastructure.__________ … Read More: How the Biggest Money Experiment in Human History Will Impact Global Payments Read more »Sign up for e-EUR – the progressive stablecoin
The next bull market may be coming anytime between this year and 2026, suggested crypto veteran Erik Voorhees, but it will require some changes in the macro environment – as well as in people’s minds. Voorhees, who is the founder and CEO of crypto exchange ShapeShift, was a guest on the Bankless podcast episode published…
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Mike Novogratz, the founder of the US-based crypto financial services firm Galaxy Digital Holdings, named two major cryptocurrencies among those that are here to stay despite the massive turbulence seen in the crypto market this year: Bitcoin (BTC) and Ethereum (ETH). The CEO shared his thoughts during an interview with CNBC on Wednesday, stating that,…
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The arch-bitcoin (BTC) skeptic Peter Schiff has said that BTC’s actual price is much lower than what we’re currently seeing, that it will drop significantly more, and that bitcoin mania is “over”. Last week, in a Twitter thread, Schiff shared his opinion on recent Grayscale’s bitcoin trust (GBTC) performance, focusing on the net asset value…
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Lex Sokolin is Head Economist at major blockchain company ConsenSys.__________… Read More: Moving From Crypto Winter To Winter Spring: Lessons from Bear Market and When the Winter Will End Read more »Sign up for e-EUR – the progressive stablecoin
