Prita Ghozie

Super Apps to Disrupt Traditional Finance?

VanEck CEO Jan Van Eck believes that “super apps” like Robinhood, Kraken, and X (formerly Twitter) are poised to shake up the traditional financial system’s payment methods. Cheaper Payments with Stablecoins Van Eck’s prediction centers on the use of stablecoins within these apps. Stablecoins, unlike traditional payment systems, bypass intermediaries like Visa and Mastercard, eliminating…

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Hedge Funds Score Big in Chevron-Hess Deal

Several major hedge funds are celebrating a massive payout following Chevron’s $53 billion acquisition of Hess Corporation. After a lengthy 20-month court battle, the deal finally closed, resulting in billions of dollars in profits for these firms. Merger Arbitrage Pays Off These funds used a strategy called merger arbitrage, which involves betting on the success…

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Peter Schiff: Bitcoin’s a Bust, Gold’s the Winner

Peter Schiff, a well-known gold bug, isn’t impressed with Bitcoin. He thinks President Trump’s support for crypto is a bad idea, calling Bitcoin a “decentralized Ponzi scheme” disguised as something legitimate. The Dollar’s Downfall? Schiff argues that pushing Bitcoin in the US weakens the dollar. He believes that while some might celebrate a weaker dollar,…

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Bitcoin ETFs on Fire: Another $2 Billion Week!

US Bitcoin ETFs are having a fantastic run, attracting massive investments lately. This isn’t surprising, given the super positive vibes around crypto in the US right now. President Trump even signed the GENIUS Act, the first-ever crypto bill, into law! A Week of Big Numbers The week ending July 18th was particularly impressive. Daily inflows…

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Bitcoin’s Independence: What the VIX Tells Us

It’s mid-2025, and the crypto and traditional financial markets have been on a wild ride. Global events have created a strong link between them, even though Bitcoin and US stocks haven’t always moved in sync lately. But there’s definitely a connection. Decoding the Volatility Index (VIX) and Bitcoin Joao Wedson, CEO of Alphractal, recently shed…

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Fed Governor Wants Interest Rate Cut ASAP

Slowing Economy Prompts Call for Action Federal Reserve Governor Christopher Waller is urging the central bank to cut interest rates at its next meeting on July 29th. He believes a 25 basis point reduction is necessary to counteract a slowing US economy. Waller outlined three key reasons for this immediate action in a recent speech….

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