Billionaire Ray Dalio recommends ‘reasonable’ 1%–2% Bitcoin allocation
Newly minted Bitcoin supporter Ray Dalio agrees that Bitcoin should make up a small percentage of investors’ portfolios in 2022. Go to Source Powered by WPeMatico
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3 reasons why Ethereum can reach $5,000 in Q1
A mix of technical, macroeconomic, and on-chain indicators point toward a price rally in the Ethereum market this quarter. Go to Source Powered by WPeMatico
As US Inflation Skyrockets White House Blames Monopolies, Economist Calls for Price Controls
U.S. inflation is red hot and a number of analysts and economists are predicting America will face further economic issues as politicians and the Biden administration blame corporations. This perspective on rising inflation has led finance authors like Isabella Weber to believe that price controls could ease America’s economic burdens. Biden Administration Blames Inflation on … Read more
Bitcoin is new gold for millennials, Wharton finance professor says
Gold disappointed investors in 2021 as a traditional hedge against inflation, seeing its worst year since 2015. Go to Source Powered by WPeMatico
Gold Bug Peter Schiff Claims Bitcoin’s Yearly Gain of 60% Was Achieved in First 5 Weeks of the Year
Gold bug Peter Schiff has claimed that though bitcoin went up by 60% during the past twelve months, most of these gains were achieved during the first five weeks of the year in 2021. He insists that the majority of those that bought the asset in 2021 have not gained. Bitcoin Gains Higher Than Those … Read more
What BTC price slump? Bitcoin outperforms stocks and gold for 3rd year in a row
But concerns remain that the cryptocurrency would fall harder than its traditional rivals in 2022 on the U.S. Federal Reserve’s increasingly hawkish tones. Go to Source Powered by WPeMatico
Bitcoin rises above $51K as the dollar flexes muscles against the euro
Bitcoin regained its bullish bias after reclaiming $50,000 ahead of the yearly close, even its safe-haven rival, the U.S dollar, signaled continued upside strength in the coming sessions. Go to Source Powered by WPeMatico
Turkey’s crypto law is ready for parliament, President Erdoğan confirms
Once implemented, the crypto law will implement a new economic model that can potentially help recover the lira’s falling value. Go to Source Powered by WPeMatico
Global Markets, Bitcoin Defy Expectations After Fed’s Hawkish Taper Plan Announcement
Global markets have defied predictions as the U.S. Federal Reserve and several central banks worldwide are prepping to slow down monetary easing policy. On Wednesday, the U.S. central bank’s Federal Open Market Committee (FOMC) said it plans to taper quantitative easing (large monthly asset purchases) and end the program by March 2022. Moreover, the FOMC … Read more
Analysts expect Bitcoin trend change after Fed lays out its 2022 roadmap
Traders look for a market-wide recovery now that the Fed confirmed at least 3 rate hikes and a wind down of its bond purchasing policy in 2022. Go to Source Powered by WPeMatico
