bitcoin hedge – DIGIT INFO

Billionaire Barry Sternlicht Discusses Bitcoin Rising to $1 Million — Calls BTC a ‘Smart’ Hedge

DIGIT — Wed, 08 Dec 2021 00:30:33 +0000

The chairman of Starwood Capital Group, billionaire Barry Sternlicht, has shared his view on how bitcoin could grow to be worth a million dollars a coin. He calls the cryptocurrency a “smart” hedge in a world where the government just keeps on printing money. Billionaire Barry Sternlicht Believes Bitcoin Could Rise to $1 Million per […]

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Bitcoin is risky digital ‘copper’, it’s not gold — Goldman Sachs commodities boss

DIGIT — Wed, 02 Jun 2021 02:41:06 +0000

Jeff Currie, the global head of commodities research at Goldman Sachs, described Bitcoin as a “risk-on” asset that is similar to copper as a hedge against inflation.

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German Cannabis Firm Hedges Bitcoin to Protect from Massive Currency Devaluation

DIGIT — Thu, 18 Feb 2021 00:00:17 +0000

On Tuesday, the cannabis firm Synbiotic SE, a publicly-traded company in Germany that’s listed on the Frankfurt Stock Exchange and Xetra, has announced it is leveraging bitcoin to hedge against the euro. Synbiotic’s chief executive officer, Lars Müller explained that the company decided to hedge with the leading crypto asset in order to protect the […]

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JP Morgan Gives 3 Reasons to Add Bitcoin to Investment Portfolios

DIGIT — Mon, 25 Jan 2021 23:30:34 +0000

JP Morgan has outlined three key reasons why investors should add bitcoin to their investment portfolios. Small allocations to cryptocurrencies would “improve portfolio efficiency due to high returns and moderate correlations,” JPMorgan’s analyst explained. JP Morgan Sees Benefits of Hedging With Bitcoin JPMorgan released a report last week entitled “What cryptocurrencies have and haven’t done […]

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Federal Reserve’s Major Policy Shift to ‘Push Up Inflation’ Could Send Bitcoin Price to $500K

DIGIT — Fri, 28 Aug 2020 19:30:06 +0000

The U.S. Federal Reserve has announced a significant policy change to push up inflation. Bitcoin is set to greatly benefit from this policy change. Not only the price of bitcoin could surge past $500K, but a number of companies have also begun moving their reserves into the cryptocurrency to hedge against higher inflation. Fed Officially […]

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Federal Reserve’s Expected Inflation Ramp-Up Drives Institutional Investors to Hedge With Bitcoin

DIGIT — Mon, 10 Aug 2020 19:15:17 +0000

The U.S. Federal Reserve is expected to ramp up inflation by keeping interest rates low. As the U.S. dollar falls sharply and gold’s price soars, institutional investors are moving their money into alternative investments, including bitcoin. Fed Policies Drive Demand for Bitcoin The Federal Reserve is completing a year-long policy review and “is expected to […]

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