Inflation
Argentinian Seek Shelter in Crypto, while Local Inflation Surges over 50%
Argentinians have resorted to transacting in cryptocurrencies to tame runaway prices, given that annual inflation surged by more than 50%.
Bitcoin is Still on Track of Hitting $100K in the Long Term, OKCoin CEO says
Speaking on an interview Wednesday, Hong Fang, the CEO of crypto exchange OKCoin, opined that Bitcoin reaching $100,000 would not be a problem in the long term.
U.S. Inflation Hits a 30-Year High - Is Bitcoin Cementing its Status as an Inflation Hedge?
With Bitcoin continuously smashing historic highs one after another, is the top cryptocurrency showcasing its safe-haven capabilities?
Horizon Kinetics Bets on Bitcoin as Inflation Bites
Horizon Kinetics, a US-based investment firm, is the latest to bet on Bitcoin as an inflation hedge, saying that the company is playing their bets on two hedges against inflation: property and cryptocurrencies, especially Bitcoin.
Ethereum Price Plunges Below $2000 As Inflation Worries Hit Markets Hard
Ethereum price has tanked $2,000 for the first time since late June.
Paul Tudor Jones Sends Inflation Warning to Feds, Touting Bitcoin as Way to "Hedge"
Paul Tudor Jones revealed that he would invest in commodities, Gold and Bitcoin to serve as a hedge against inflation. Also, he will increase the allocation of Bitcoin from 2% to 5% as part of his portfolio.
Goldman Sachs Says Cryptocurrency Is an Alternative to Copper, Not Gold
Jeff Currie revealed that cryptocurrency is not a substitute for gold, stating that risks associated with cryptos mean that their values are quite different from those of safe-haven assets such as gold.
Gold Regains Its Old Shines While Bitcoin Struggles to Maintain $37,500 Level
Gold moves higher while Bitcoin still struggles to maintain the support of around $37,000.
'Black Swan' Author Slams Bitcoin, Calls It a 'Gimmick' and a Ponzi Scheme
After having previously invested in Bitcoin, Black Swan author Nassim Taleb has changed his mind regarding the leading cryptocurrency. He now thinks Bitcoin resembles a Ponzi scheme and explains why.
New Zealand Wealth Management Firm Invests 5% of Its Retirement Funds into Bitcoin
NZ Funds wealth management firm from New Zealand has become the latest company to get into the crypto world.