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Tag: Inflation

Balaji Srinivasan

Balaji Srinivasan: Bitcoin would reach $1 million within around 90 days

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Balaji Srinivasan is a well-known figure in the tech and crypto worlds. He has a resume that could be a model for these industries. He’s an angel investor, tech founder and bestselling author of The Network State (in which he argues that technology will usher in the end of the nation-state era). His experience spans from being the CTO of Coinbase and a general partner at venture firm Andreessen Horowitz, to co-founding several companies that...

Bitcoin, Crypto adoption, Cryptocurrencies, Inflation, People in crypto

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Bitcoin recovery; UK bond buying might affect bitcoin; Has Bitcoin hit bottom months ago?

Crypto Today: Bitcoin recovery; UK bond buying might affect bitcoin; Has Bitcoin hit bottom months ago?

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CryptoPress Bitcoin recovery Bitcoin scored a win this quarter, yet the magnitude may seem small for an asset class with outsized gains until recently. As stated by some experts, Wall Street believes cryptocurrencies have bottomed out and will become an attractive diversification strategy until Treasury yields regain strength.  Bitcoin rose 3.7%, trading at $19,392, while MSCI’s MSCI All Country Stock Index and...

Bitcoin, Crypto adoption, Cryptocurrencies, Ethereum, Inflation, News

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Robert Kiyosaki

Robert Kiyosaki: The true inflation will be 16%

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Robert Kiyosaki, author of Rich Dad, Poor Dad, and an influential figure in personal finance, predicts that the U.S. economy will continue to suffer and has recommended his followers invest in Bitcoin once again. The United States economy has experienced a recession in several instances due to a number of circumstances, including bad government policies. In light of this, Kiyosaki has advised investors to abandon fiat currencies in favor...

Bitcoin, Cryptocurrencies, Inflation, Robert Kiyosaki

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Raoul Pal

Raoul Pal: I bought cryptocurrency lately

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Raoul Pal, an investor, entrepreneur, and former sales executive for Goldman Sachs in Europe, said that he is now amassing a significant amount of cryptocurrency reserves in anticipation of a worldwide economic slump. The economy may decline During an interview done by the Twitter account Real Vision, Pal gave his opinions on the current macroeconomic scenario, elaborating on the importance of both the stock market and cryptocurrencies...

Crypto adoption, Cryptocurrencies, Inflation, People in crypto, Raoul Pal

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U.S. inflation dropped to 8.5% in July

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The news that the US CPI, a commonly recognized inflation indicator, has been declining caused the cryptocurrency market to respond favorably. Inflation in the U.S. economy slowed somewhat in July, reaching a level below analysts’ predictions as the thesis that inflation has reached its greatest point is solidified. Inflation in the US hit a four-decade high in June before cooling down and increasing by 1.3 percent in July. The...

Altcoins, Bitcoin, Cryptocurrencies, Front page, Inflation

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