SEC lawsuit against blockchain company Terra and its founder for fraud, and impact on investors, and future of the company Terra is a blockchain company that has recently been sued by the SEC for fraud. The case involves its controversial stablecoin, which was promoted as being backed by fiat currency and other assets. The SEC alleges that the company and its founder, Do Kwon, misled investors by making false claims about the coin's bac...
Gold as a Safe Haven The world is currently experiencing a significant macroeconomic reset, and gold is emerging as a shining star, according to Bloomberg Intelligence. With economic uncertainty and market volatility on the rise, many investors are turning to gold as a safe haven to protect their wealth. Why is Gold a Safe Haven? Gold has a long history as a store of value and a hedge against inflation. During times of economic unc...
Bitcoin has seen a surge in its value, reaching $21,550 early Wednesday. This marks the highest level since September and surpasses the point at which it stood before the collapse of crypto exchange FTX in November. The increase in value is attributed to a larger than expected decline in the Producer Price Index (PPI) for December and a bigger than forecast drop in December retail sales. These economic indicators point towards a possible eco...