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The last two months dealing with the coronavirus outbreak have been strange, to say the least, and as data rolls in more people are becoming aware that there was quite a bit of overreaction from politicians, the media, and medical professionals. A small number of people are starting to focus on the economic situation and … Read more
Pantera Capital chief executive officer Dan Morehead has predicted a 50% chance the price of bitcoin (BTC) will hit $115,000 by August next year. In a recent letter to investors, Morehead said: “If the new supply of bitcoin is cut in half (with the May 12 halving), all else being equal, the price should rise.” … Read more
Innovations in blockchain technology are changing the paradigm and even the concept of possessing gold. Go to Source Powered by WPeMatico
Gold-backed stablecoins have the potential to drive developing economies such as Africa to the bright future Go to Source Powered by WPeMatico
Coinbase argues that Bitcoin’s teleportability and lack of reliance on physical supply chains offers significant advantages over gold Go to Source Powered by WPeMatico
Promises of unlimited money-printing lead the world’s largest crypto asset manager to sound the alarm to investors, promoting Bitcoin as a solution. Go to Source Powered by WPeMatico
Peter Schiff licks his wounds as Bitcoin smashes gold’s rate of return in its $9.4K bull run Go to Source Powered by WPeMatico
The global economy has been feeling the hardships from the mandated lockdowns various nation states have implemented during the last month and a half. Oil prices have dropped below zero for the first time in history, and economic powerhouses like the U.S. are starting to show cracks in the system. Despite the souring economy, a … Read more
FTX has launched oil contracts that track the price of West Texas Intermediate plus $100 to protect against negative settlement Go to Source Powered by WPeMatico
Bitcoin’s price crashed on March 12, which seemingly invalidated the safe haven hypothesis. But reality is far more complex than that Go to Source Powered by WPeMatico