Billionaire Bill Ackman says that Bitcoin’s (BTC) potential could be limitless in the case of an economic collapse. In a new thread on the social media platform X, the chief executive of hedge fund Pershing Square Capital Management says that the crypto king could create an endless loop that sees its price go up infinitely. […]
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Economist and gold enthusiast Peter Schiff has said that the U.S. Fed may have to fight a “complete economic collapse” and be faced with more to worry about than the current battle against inflation. In other news, artificial intelligence (AI) crypto assets have seen a recent surge, and SEC Chairman Gary Gensler has tossed in […]
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says the world economy is on the verge of collapse. He warned investors about the risks of bank runs, frozen savings, and bail-ins that may come next. Robert Kiyosaki on Collapsing World Economy The author of Rich Dad Poor Dad, Robert Kiyosaki, […]
Rich Dad Poor Dad author Robert Kiyosaki is questioning just how low Bitcoin may go as the fallout from the collapse of FTX continues. Kiyosaki says that he’s a long-term investor of BTC rather than a trader, and he’s not looking to flip the top crypto asset by market cap. If the king crypto faces […]
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Macro guru and Real Vision CEO Raoul Pays says that he’s loading up on crypto assets as he expects economic data to dramatically deteriorate over the next several months. In a new discussion on Twitter Spaces, the former Goldman Sachs executive says that risk-on assets like stocks and cryptocurrencies shouldn’t drop much further as economic […]
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Gold bug and economist Peter Schiff has warned that the seeming ease in inflation for the United States economy is nothing to get too excited about, as Shark Tank star billionaire Mark Cuban is facing a class action lawsuit for allegedly promoting a “massive Ponzi scheme.” In other news, JPMorgan CEO Jamie Dimon thinks “something […]
From a desperate investor’s ill-advised visit to Terra co-founder Do Kwon’s house resulting in an arrest, the announcement of a new Terra network, and blockchain talk at Davos, to predictions of U.S. economic collapse if inflation isn’t reigned in quickly, there’s no shortage of action-packed crypto stories this past week. Without further ado, this is […]
Billionaire hedge fund manager and founder of Pershing Square Capital Management, Bill Ackman, believes “inflation is out of control.” The investor thinks that if the Federal Reserve “doesn’t do its job” by applying “aggressive monetary tightening,” the U.S. economy could collapse. Pershing Square Founder Bill Ackman Thinks ‘Inflation Is out of Control’ While the headlines […]
Banking giant Goldman Sachs is reportedly saying that the most recent crypto market crash had next to no impact on the financial well-being of US consumers. According to a new report by Bloomberg, economists at Goldman Sachs say that the latest crypto correction is “very small” compared to the overall net worth of US households, […]
The post Crypto Carnage To Have Minimal Impact on US Consumers, According to Goldman Sachs: Report appeared first on The Daily Hodl.
Pantera Capital founder and CEO Dan Morehead says that cryptocurrencies may be the only safe asset class investors can turn to during the next economic downturn. In a new interview on the Bankless YouTube channel, the executive reveals why he thinks crypto assets may end up being a lifeboat for investors facing chaos in the […]
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