Category: Opinion
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Kevin O’Leary Expects Bitcoin to Go up When Stablecoin Transparency Act Passes
Shark Tank participant Kevin O’Leary, also known as Mr. Wonderful, predicts that bitcoin will increase in value once the Stablecoin Transparency Act is enacted, which could happen soon after the November midterm elections. Crypto cannot be stopped, O’Leary emphasized, adding: “You either join the wave or get lost.” ‘Regulations Come, Bitcoin Goes Up’ On…
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Younger People Are 7.5 Times More Likely to Have Cryptocurrencies in Their Portfolios, According to a Bank of America Survey of Wealthy Americans
Younger, wealthy Americans are 7.5 times more likely than investors 43 and older to have cryptocurrency in their portfolios, according to research from Bank of America. Where do the newest generation of investors see opportunities for investment growth if they lack confidence in stocks? Cryptocurrencies, which are their top option, are alternatives, the bank wrote.…
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Billionaire Paul Tudor Jones anticipates the price of bitcoin to be “much higher” than it is now.
Cryptocurrencies, in particular bitcoin and ethereum, will be “at a value much higher than where we are today,” according to billionaire hedge fund manager Paul Tudor Jones. The renowned hedge fund manager revealed that he “always” has a small allocation of bitcoin in his portfolio, confirming that he still holds bitcoin. Famed Hedge Fund Manager…
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Crypto Investors Warned by SEC of Scammers Preying on Their Fear of Missing Out on Social Media
The Securities and Exchange Commission (SEC) of the United States has issued a warning about con artists preying on investors’ FOMO on social media. The SEC issued a warning: “If a cryptocurrency investment “opportunity” sounds too good to be true, it probably is.” SEC Says Scammers Often Use Social Media to Defraud Investors Monday saw…
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The real estate, stock, gold, silver, and bitcoin markets are collapsing, according to Robert Kiyosaki, and “Millions Will Be Wiped Out.”
All markets are collapsing, according to renowned author Robert Kiyosaki of the best-selling book Rich Dad Poor Dad, who specifically mentions real estate, stocks, gold, silver, and bitcoin in his warning. That crash is here, Kiyosaki said, alluding to his earlier forecast of a more severe crash than that experienced during the 2008 financial crisis.…
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Cryptocurrencies Should Be Treated the Same as Other Capital Markets, SEC Chairman Says
According to SEC Chairman Gary Gensler, the cryptocurrency market should not be treated any differently from other capital markets. Gensler urged cryptocurrency trading and lending platforms to “come in and talk to SEC staff,” noting that “the SEC will serve as the cop on the beat.” Gary Gensler, the chairman of the U.S. Securities and…
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Jamie Dimon, CEO of JPMorgan, issues a warning that “Something Worse” Than a Recession Could Be Coming
Jamie Dimon, CEO of JPMorgan, has provided his economic forecasts for the United States, which include the possibility of “something worse” than a recession. The executive declared that there were storm clouds, citing China, Ukraine, war, QT, oil, and interest rates. Jamie Dimon, the chairman, and CEO of JPMorgan, reportedly discussed his forecasts for the…
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According to a study, cryptocurrencies are a “Good Alternative to Traditional Settlement Processes.”
According to a recent study, cryptocurrency can be a good substitute for traditional settlement procedures because it uses blockchain technology, which enables instantaneous transaction completion without the need for middlemen. Some participants in the cross-border money transfer market believe that blockchain technology and cryptocurrencies can improve remittance procedures. In the most recent report from the…
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Cryptocurrencies “Have the Potential to Create New Ways for Young People to Earn,” According to Kenyan Activists
According to some activists in Kenya, raising money through the sale of non-fungible tokens (NFTs) and cryptocurrencies is not only quicker, but also less expensive. Digital currency also has the “potential to create new ways for young people to earn, spend, save, and send money,” the activists continued. After the Covid-19 pandemic caused traditional funding…
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Wall Street Wolf Jordan Belfort asserts that he would be shocked if long-term bitcoin investment didn’t prove profitable.
The Wolf of Wall Street, Jordan Belfort, claims that if you look out three, four, or five years, he would be surprised if you didn’t make money investing in bitcoin because the fundamentals are so strong. On Yahoo Finance’s The Crypto Mile program, Jordan Belfort, a.k.a. the Wolf of Wall Street, recently discussed his predictions…