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Cryptocurrencies, Economy, Precious Metals

“Worsening US debt outlook seen more in gold and bitcoin than in bonds”

“…The U.S. budget deficit widened to $1.7 trillion in fiscal year 2023 and is on track to reach $2.6 trillion by 2034, according to the Congressional Budget Office. U.S. government debt held by the public, meanwhile, is on pace to… Continue Reading…

Cryptocurrencies

“Bitcoin Could Slump Around Reward Halving Time, Arthur Hayes Says”

“…Hayes added that U.S. tax payments, due on April 15, coupled with the Federal Reserve’s quantitative tightening (QT) policies, could remove dollar liquidity from the market, leading to broad-based risk aversion and a fire sale of crypto assets around halving. “Given that… Continue Reading…

Cryptocurrencies

“Ripple CEO predicts crypto market will double in size to $5 trillion by the end of 2024”

“…Ripple’s Brad Garlinghouse told CNBC he expects the entire value of the crypto market to double, citing macro factors including the arrival of the first U.S. spot bitcoin exchange-traded funds, as well as the upcoming so-called bitcoin “halving.”…” https://www.cnbc.com/2024/04/08/ripple-ceo-crypto-market-to-double-in-size-to-5-trillion-in-2024.html

Cryptocurrencies

“Bitcoin tumbles $5,000 in 24 hours as interest rates jump”

“Bitcoin fell for a second day to start the new month and quarter amid rising Treasury yields and strength in the U.S. dollar. The flagship cryptocurrency fell more than 4.76% on Tuesday to $66,134.00, bringing its two-day loss to 7%, according… Continue Reading…

Cryptocurrencies

“1 Unstoppable Cryptocurrency [Bitcoin] With 5,300% Upside by 2030, According to Cathie Wood”

“…Ark is extremely bullish on the world’s largest cryptocurrency, Bitcoin (CRYPTO: BTC). The firm’s official research implies the coin could deliver a gain of 2,000% by 2030, but Wood herself just came out with a new price target that points to a… Continue Reading…

Cryptocurrencies

“El Salvador to transfer ‘big chunk’ of bitcoin to physical vault”

“…El Salvador will transfer “a big chunk” of its bitcoin assets to an offline device that will be stored in a physical vault within the Central American country’s territory, President Nayib Bukele said on Thursday. “We’ve decided to transfer a… Continue Reading…

Cryptocurrencies

“Bitcoin breaks $70,000 in volatile trading, hitting a new record to end the week”

“The price of bitcoin jumped to a new record on Friday, breaking through $70,000 for the first time ever. The cryptocurrency was last higher by about 2% at $69,304.84, according to Coin Metrics. At one point, however, it rose as high as… Continue Reading…

Cryptocurrencies

“1 Top Cryptocurrency to Buy Before It Soars 3,353%, According to Cathie Wood”

“…Given its massive potential to change how people store and transfer wealth, it’s not surprising that Bitcoin (CRYPTO: BTC) is a favorite asset for Wood and her analyst team. The world’s most valuable cryptocurrency has made for a fantastic investment, soaring 1,540% in… Continue Reading…

Cryptocurrencies

“Bitcoin tops $68,000 as it nears 2021 all-time high” [MON, MAR 4]

“Bitcoin jumped to start the week, edging even closer to its all-time high after the rally took a breather over the weekend. The flagship cryptocurrency was last higher by 9% at $68,635.20, according to Coin Metrics. At one point, it rose… Continue Reading…

Cryptocurrencies

Cryptocurrency Update: Dogecoin & Shiba Inu

The alt coin crypto-currency market is going wild! I’m invested in Shiba Inu. Yesterday was amazing for both Shiba Inu and Dogecoin. This is just a small update to let everyone know now is the time to invest if you’re… Continue Reading…