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Bank of America Warns Gold is Final Safe Haven As US National Debt Rises

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In a recent note, Bank of America warned that gold is the final safe haven in the United States amid risks related to rising national debt. Indeed, they argued that the metal has become more attractive than US Treasury bonds due to the risks of an impending debt crisis. The bank noted that the US national debt is predicted to continue reaching record levels over the next three years. Therefore, economic pressure on the country has shifted how gold reacts to macroeconomic developments such as lowered interest rates. Ultimately, the dynamic makes gold “an attractive asset,” the bank says, as it predicted it to eventually reach $3,000. JUST IN: Bank of America warns that gold may be the final safe haven as US Treasuries face risks from rising national debt. — Watcher.Guru (@WatcherGuru) October 17, 2024 Also Read: Americans Are Massively Buying Gold Bars at Costco Bank of America Says Gold Could be Only Safe Haven Amid Impending US Debt Crisis Throughout 2024, gold has been a premiere as
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Goatseus Maximus Price Prediction: GOAT Soars 41% As Pepe Unchained Barrels Past $20 Million In Presale

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The Goatseus Maximus price has soared 41% in the last 24 hours to trade at $0.2845 as of 3:25 a.m. EST on a 10% pump in trading volume to $166 million. Goatseus Maximus Price Gears Up For A Bull Rally The GOAT/USDT chart is showing a clear upward trend on the 1-hour timeframe. The price is moving within a bullish channel, bouncing off the lower trendline and heading toward the upper one. Right now, it’s trading at $0.2859, which means the bullish momentum is still going strong. Support Level 1 is around $0.1579, where the price previously consolidated before starting to climb. More recently, Support Level 2 has formed near $0.2242, which is a good sign because it shows a higher low. If the price pulls back, this could act as a key support level before it continues its upward movement. GOATUSD Analysis Source: Dextools.io The chart shows a parabolic curve, which suggests that the price could start moving up more quickly, leading to sharper gains. The overall bullish trend
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Black Swan Author Is Afraid of What’s Happening to the US Dollar

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Black Swan author Nassim Nicholas Taleb, who wrote the best-selling book about unpredictable events, revealed that he’s worried about the US dollar’s de facto position as the world’s reserve currency. The worry stems from the de-dollarization agenda kicked off by Russia, China, and other developing countries. The first step to the decline of the US dollar began right there, he exclaimed. Also Read: Currency: What’s Happening With the US Dollar & Chinese Yuan? While the US dollar is undoubtedly the most used currency for trade, the scale of transactions is on a steady decline. As of 2024, only 58% of all cross-border transactions are settled in the USD, compared to 71% in 2000. The sanctions on Russia in 2022 sparked the de-dollarization agenda, and emerging economies are ditching the USD. This made developing countries rush to alternatives, only to find hope in their native currencies. Also Read: BRICS Settle 65% Trade in Local Currencies & Not the US Dollar US Dollar on Path T
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Tesla moves $760 million in Bitcoin; Here’s what you need to know

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Though Tesla’s (NASDAQ: TSLA) history with Bitcoin (BTC) mostly ended in July 2022, when the electric vehicle (EV) maker sold about 75% of its cryptocurrency, it experienced an unexpected revival on October 15 and 16, 2024. Specifically, Tesla started moving vast quantities of BTC to previously unknown addresses on the afternoon of October 15 and had, across a total of 26 transactions, transferred some $760 million worth of the coin, per the data retrieved from Arkham Intelligence. Tesla’s BTC transfers. Source: @ArkhamIntel The transfers – which involve virtually all of Tesla’s remaining 11,510 Bitcoins – quickly drew the crypto community’s attention and sparked speculation on the EV maker’s intentions. Picks for you Recession panic fades; Are investors underestimating risks ahead? 49 mins ago
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Avalanche Foundation Seeking To Buy Back $56,795,000 in AVAX Sold to Luna Foundation Guard Before 2022 Collapse

The key organization backing the Avalanche (AVAX) blockchain ecosystem is announcing plans to repurchase crypto assets sold to the nonprofit behind the Terra (LUNA) protocol in the first half of 2022. The Avalanche Foundation says it has negotiated an agreement to get back all AVAX tokens sold to the Luna Foundation Guard (LFG) in April 2022. The organization adds that the plan is now awaiting a judicial green light amid the ongoing bankruptcy proceedings of Terraform Labs (TFL), the embattled startup behind the Terra blockchain. “This action ensures that LFG would not violate the original agreement’s restrictions on the tokens’ use and shields the tokens from the complexity of a bankruptcy trustee liquidation, while returning 1.97 million AVAX to the Foundation’s holdings. This further enhances the Foundation’s ability to support the ongoing growth and development of the Avalanche ecosystem.” On May 19th, 2022, just days after the implosion of the Terra (LUNA)
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World’s largest asset manager BlackRock holds $24 billion in Bitcoin

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When Larry Fink, the CEO of BlackRock (NYSE: BLK), the world’s largest asset manager, managing an eye-popping $13 trillion, admits he was wrong about Bitcoin, people take notice.  On October 14, 2024, BlackRock’s Bitcoin (BTC) strategy reached new heights as the company’s spot Bitcoin ETF broke $1.65 billion in 24-hour trading volume. But the headline isn’t just about numbers—it’s about Fink’s evolving view on Bitcoin.  Picks for you SingularityDAO, Cogito Finance, and SelfKey merge tokens to drive AI finance 12 mins ago Crypto trader turns $727 into $2.42 million in just four days 34 mins ago Is Gold accumulation trend by BRICS countries
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Is Ripple a Good Investment?

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Your guide: Is Ripple a Good Investment? Cryptocurrencies have become more visible in the financial world since XRP, the native token of the Ripple network. They are making a big name for themselves. XRP is third in market value and has sparked a lot of discussion and attention among crypto fans. XRP’s path has been marked by huge highs, sudden drops, and long stretches of steady decline. It’s good to know the project’s history, legal problems, and future possibilities to deal with the XRP ecosystem. So, if you’ve wondered, “Is Ripple a Good Investment?” you’ve come to the right place. Also read: BRICS US Banks Face $500B in Losses as De-Dollarization Grows XRP’s Trend of Going Up and Down The price of XRP has been, to put it simply, all over the place. When it first came out in 2013, bitcoin didn’t have a lot of followers. Its price didn’t change much until the 2017 bull run. But in 2018, when Ripple, the company that made XRP, released xRapid, the game changed. The value of XRP went
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Aave Whale Buys $2.5 Million Coins, Price Jumps 5%: $170 Next?

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According to the cryptocurrency Analysis firm LookOnChain, an Aave (AAVE) whale has purchased 16,818 coins worth around $2.59 million. The whale previously purchased 31,173 coins, worth about $4.8 million, on Sunday, Oct. 13, 2024. The wallet has purchased $7.45 million worth of the coin in just two days. Also Read: VeChain Weekly Price Prediction: Can VET Hit $0.03 This Week? The whale bought another 16,818 $AAVE($2.59M) 3 hours ago and deposited it into #Aave. Then he borrowed 2M $GHO to buy more $AAVE. This whale bought a total of 47,991 $AAVE($7.45M) in just 2 days.https://t.co/Aj7wIlf5SJ pic.twitter.com/gVPGFE8W6S — Lookonchain (@lookonchain) October 14, 2024 Impact Of Whale Purchases On Aave’s Price And Future Predictions The whale’s buying spree seems to have positively impacted the asset’s price. The cryptocurrency is up by 2.7% in the daily charts, 5.2% in the weekly charts, 12.3% over the previous month, and 146.6% since October 2023. Despite the rally, the asset’s price is
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Realize profits: Millionaire sales take over the market as price surges

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The cryptocurrency market is experiencing a significant price surge. Most cryptocurrencies have accumulated gains as the sentiment shifts and capital inflows, leading to some millionaire sales to realize profits. In the past two days, the crypto total market cap rebounded from a local bottom, adding $140 billion in capital. TradingView ‘s capitalization index registered a low of $2.022 trillion on October 10, currently at $2.162 trillion. Crypto Total Market Cap, hourly chart. Source: TradingView / Finbold The surge sparked renewed optimism among traders, with a bullish sentiment dominating most talks on social platforms and indicators. Picks for you Crypto trader misses out on $17.5 million return from $1,000 investment 1 hour ago Bi
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Ripple Co-Founder Donates $1M in XRP to Kamala Harris

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Following his public endorsement of the candidate back in September, Ripple co-founder Chris Larsen has donated $1 million in XRP to Kamala Harris. According to CNBC coverage, Larsen has given more than $1.9 million to Harris amid her bid to become the next president of the United States. The donation occurs as Larson’s Ripple is set to continue its well-documented legal battle with the US Securities and Exchange Commission (SEC). The two sides have both filed appeals to the lawsuit that had reached a final judgment in August. Now, the two sides are set to continue the legal conflict that started in 2020. JUST IN: Ripple Co-founder Chris Larsen donates $1 million in $XRP to Kamala Harris. pic.twitter.com/gs75QmhTkn — Watcher.Guru (@WatcherGuru) October 11, 2024 Also Read: Ripple Co-Founder Endorses Kamala Harris for President Ripple’s Chris Larsen Makes $1 Million Donation to Kamala Harris 2024 has proven to be the first time that cryptocurrencies have become a popular political point
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Five days of $0 inflows to spot ether ETFs since July launch

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Since spot ether Exchange Traded Funds (ETFs) began trading on US securities exchanges, five days have seen precisely $0 of Ethereum capital inflows. Even worse, since July 23, 2024, owners of the nine spot ether ETFs have actually withdrawn money from those products. Incredibly, because trusts and other investors seeded over $10 billion worth of spot ether into the ETFs prior to their debut on US exchanges, the tally of post-launch trading activity is negative $556 million. ‘Inflows’ is a term used to describe the net US dollar flow into spot ether ETFs. It excludes all other Ethereum-related purchases and sales such as futures, options, derivatives, or spot ether itself. Investors track ETF inflows as a way to measure how much effect ETFs are having on Ethereum’s market capitalization independent of other variables. In this case, the answer is simple: Ether ETFs have not helped . The tally of post-launch trading activity is negative $556 million. Ether inflows crash, billions
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BRICS Country Rejects De-Dollarization, Embraces the US Dollar

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In a new twist of events, BRICS member India has confirmed that it will not target the US dollar amid the de-dollarization agenda that has engulfed the global financial landscape. India made it clear that it has no plans to end reliance on the US dollar and will use the currency for trade and transactions where it remains a necessary form of payment. Also Read: BRICS: US Dollar Reserves Fall Below 60% For the First Time Since 1995 The development is a complete U-turn from the BRICS initiative where the alliance is pushing de-dollarization narratives around the world. Sources say that India is unhappy with the narrative pushed by its BRICS counterparts China and Russia. According to sources, India believes China is using BRICS as a stepping stone to strengthen its dominance around the world. Also Read: BRICS: A New World Order in Progress BRICS: India Rejects De-Dollarization, Will Use the US Dollar For Trade Source: Forbes / GettyImages The Foreign Minister of India, S. Jaishankar conf
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First Neiro On Ethereum Price Prediction: NEIRO Pumps 8%, But Investors Are Flocking To This 2.0 PEPE For Parabolic Gains

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The First Neiro On Ethereum price surged 8% in the last 24 hours to trade at $0.001805 as of 00:34 a.m. EST as trading volume plunged 23% to $756 million. First Neiro On Ethereum Price Aims For A Continued Rally According to GeckoTerminal data, the First Neiro On Ethereum price has been on an uptrend since mid-September, as the bulls capitalized on the $0.000049 support. The $0.001231 resistance allowed the price of First Neiro On Ethereum to trade in a consolidation zone. The bulls have won the struggle within the consolidation, as NEIRO price soared through a parabolic curve before consolidating. However, the bulls now seem to be pushing the price of First Neiro On Ethereum, as the token now trades gracefully above both the 50-day and 200-day Simple Moving Averages (SMAs). The Relative Strength Index (RSI) is at 68.66, nearing the overbought territory (above 70). This suggests that while the momentum is currently strong, the asset may soon enter an overbought phase, potentiall
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