The founder of venture capital firm Pomp Investments says that mounting US national debt is helping push Bitcoin (BTC) to new heights. In a new interview with Fox Business, longtime crypto bull Anthony Pompliano says that as long as the US government keeps the money printers on, the top crypto asset by market cap will […]
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A new survey suggests most Americans are having a tougher time than usual buying gifts this holiday season. In its new Holiday Shopping Survey, WalletHub surveyed 210 individuals and then normalized the results by age, gender and income to accurately reflect U.S. demographics. The results paint a relatively bleak picture of the American consumer. According […]
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China just discovered a massive trove of gold worth $83 billion, according to state-run media. The gold was found in central Hunan province and according to the region’s geological bureau, it is estimated to weigh about 1,000 tonnes, reports Xinhua news. Prospectors say many of their core drillings show visible gold, with dozens of veins […]
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Everything but ETH seems to be rallying, even though Ethereum’s DApp volumes are surging. What gives?
Ether (ETH) price has struggled to maintain levels above $3,200 between Sept. 13 and Sept. 19. However, onchain metrics have improved, particularly when compared to some of Ethereum’s direct competitors. Traders are now questioning how long it will take for Ether to resume its bull run, given its dominance in fees and network deposits.
Blockchains ranked by 30-day DApps volumes, USD. Source: DappRadar
No blockchain comes close to Ethereum's $149.9 billion in onchain volumes over the past 30 days. The second-largest competitor, BNB Chain (BNB), reached only $26.6 billion, 82% smaller despite offering much lower transaction fees. More importantly, Ethereum’s activity grew by 37.7% over the past month, while BNB Chain saw a 6% decline in volume.
Trader and investor Michaël van de Poppe says many in the crypto community underappreciate the impact of America’s ballooning debt.
Bitcoin is officially back in a bull market and could potentially hit $1 million per coin in the next few years, according to trader and investor Michaël van de Poppe.
However, the founder of MN Consultancy, MN Capital and MN Academy warned that a $1 million Bitcoin (BTC) price might come alongside a much broader debt crisis that could wreck the price of all assets in the short term.
Van de Poppe sat down with Decentralize with Cointelegraph host Jonathan DeYoung at DKGcon 2024 in Amsterdam for an exclusive interview to discuss the state of the Bitcoin bull market, whether an altseason is on the horizon, the impact of a Donald Trump presidency, and more.
Billionaire venture capitalist Chamath Palihapitiya says Bitcoin (BTC) is cementing its role as the ultimate asset that protects investor capital against inflation. In a new episode of the All-In Podcast, the Social Capital CEO and early Bitcoin investor says BTC is positioned to usurp gold as the top inflation hedge. Palihapitiya says it would be […]
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Tech giant Microsoft is scheduling a shareholder vote in December on the prospect of investing in Bitcoin (BTC) despite recommendations against it. In a new filing with the U.S. Securities and Exchange Commission (SEC), Microsoft’s board of directors recommends voting against considering the idea of investing in the top crypto asset by market cap. In […]
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Duquesne Family Office’s Stanley Druckenmiller has revealed his latest move in the U.S. bond market. The billionaire investor who won millions in the past for Duquesne Capital does not believe that inflation will keep cooling down, and is consequently betting that a bond bust will eventually happen. Stanley Druckenmiller Makes a Short Bet Against Current […]
Economist and gold advocate Peter Schiff predicts the “mother of all gold bull markets” as gold prices surge to a record $2,720 per ounce. He attributes the rally to inflation fueled by central banks, warning that fiat currencies are losing value. Schiff suggests this is only the start and encourages investors to act before prices […]
Rich Dad Poor Dad author Robert Kiyosaki has shared his secret to surviving inflation, advising: “If you are wondering how you will survive and thrive in today’s high inflation environment … you may want to do what I did.” He warned of the dangers of relying on U.S. dollars and urged people to seek new […]