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Turkey (Unintentionally) Builds Case for Bitcoin as It Plans to Convert Citizens' Gold to Lira
11.2.2022
The Turkish government is working on plans to get its citizens to hand in ‘under the mattress’ gold in its latest scheme to prop up the value of its national currency, the lira. But according to some, the country would have been much better off had it just embraced bitcoin (BTC)....
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Crypto is a ‘Fantastic Hedge’ Against Bubble in Bonds - Pantera’s CEO
8.12.2021
Investing in crypto is a “fantastic hedge” against a bond market that will get destroyed once the US Federal Reserve stops its asset purchases, Dan Morehead, CEO of the crypto investment firm Pantera Capital, wrote in a recently published note.
According to Morehead, the Fed’s actions since...
Litecoin grapples with 'double top' risks after LTC price rallies 37% in November
15.11.2021
The classic bearish setup projects Litecoin price potentially falling to $200 in the coming sessions
Ethereum 'has to bounce' as ETH bulls pin $5K rally hopes on critical support channel
12.11.2021
Many analysts agree that the "dynamic support" could boost accumulation sentiment in the Ethereum market
JPMorgan Sees ‘Bullish Outlook’ for Bitcoin as Inflation Concerns Push BTC Price Higher
24.10.2021
Global investment bank JPMorgan says inflation concerns are pushing the price of bitcoin to record highs, rather than interest in recently launched bitcoin futures exchange-traded funds (ETFs). Noting that investors are pulling out of gold ETFs into bitcoin funds, the firm noted, “The flow...
Billionaire Paul Tudor Jones Now Prefers Crypto Over Gold as Inflation Hedge
21.10.2021
Billionaire hedge fund manager Paul Tudor Jones says that bitcoin is currently “winning the race against gold.” He added that the cryptocurrency is his preferred inflation hedge over gold. Paul Tudor Jones Chooses Bitcoin Over Gold Paul Tudor Jones, the founder of asset management...
Bitcoin yet to prove inflation hedge status, but the time may come soon
29.9.2021
As inflation numbers across the globe continue to rise, is it only a matter of time until Bitcoin’s potential as a store of value is recognized?
Bitcoin & Inflation: Maturing Into A Real Asset
14.7.2021
James Butterfill, Investment Strategist at major European digital asset investment firm CoinShares.
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Producer prices, being exposed to rising commodity prices, is where inflation is beginning to rear its ugly head. At 7.1% for the developed world, this is now in the 90th percentile...
Some Central Bankers Show Interest in Bitcoin; Inflation Fears Mount
7.7.2021
A survey of 30 central banks brought somewhat surprising results as some bankers showed signs of openness to cryptoassets such as bitcoin (BTC). Also, central bankers are becoming more concerned about inflation.
First, 14% of the respondents said that central bank digital currencies (CBDCs) would...
Goldman Sachs: Bitcoin Is an Alternative Inflation Hedge to Copper, Not Gold
3.6.2021
Goldman Sachs’ head of commodities research says bitcoin is more like copper as a hedge against inflation than gold. He explained that they are both “risk-on” inflation hedges whereas gold is a “risk off” asset. Bitcoin Is More Like Copper Than Gold as Inflation Hedge...
‘Big Short’ Investor Michael Burry Warns Governments Could ‘Squash’ Bitcoin
22.2.2021
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned that governments could “squash” bitcoin in an inflationary crisis. Expecting more massive stimulus from the government, he said to “prepare for inflation.” Michael Burry Shares...
Blockchain Bites: Bitcoin Trades Sideways as US Inflation Is Muted
13.1.2021
The line of sight on U.S. inflation is anything but clear after the Labor Department reports the CPI's smallest yearly gain since 2015. So what does it mean for bitcoin?
Mad Money’s Jim Cramer ‘Fixated’ on Buying Bitcoin, Fears Massive Inflation
15.9.2020
Jim Cramer, the Mad Money host and The Street co-founder, said he is “fixated” on needing to own bitcoin because he fears a “massive amount of inflation.” While he owns “so much gold,” he is adamant about leaving a bitcoin inheritance to his children. Jim Cramer...
Bitcoin Will Break Out This Year, Says Devere CEO
30.8.2020
The CEO of financial advisory firm Devere Group believes that 2020 will be a breakout year for bitcoin, fueled by the U.S. presidential election and the weak dollar. Amid political uncertainty and the Fed’s new inflation policy, investors will pile into safe-haven assets not tied to...
Winklevoss Brothers Say Bitcoin Could Reach $500K as the ‘Only’ Long-Term Inflation Hedge
28.8.2020
"Bitcoin is ... the only known commodity in the universe that has a deterministic and fixed supply," the Winklevoss brothers wrote in a blog post saying the cryptocurrency may one day hit $500,000
Fed Coronavirus Rate Cut May Beat Bitcoin Inflation After 2020 Halving
28.2.2020
The Fed may bring short-term rate under 1% this year, traders are betting as coronavirus continues its spread