Anthony Pompliano breaks down his Bitcoin outlook for 2021
Co-founder at Morgan Creek Digital Anthony “Pomp” Pompliano has some thoughts on where the Bitcoin market is heading in the coming year. Go to Source Powered by WPeMatico
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Co-founder at Morgan Creek Digital Anthony “Pomp” Pompliano has some thoughts on where the Bitcoin market is heading in the coming year. Go to Source Powered by WPeMatico
A great number of companies have been converting cash reserves into bitcoin during the last few months. At the end of August, the Mediterranean restaurant chain Tahini’s announced the Canadian company converted all of their cash reserves into bitcoin. On Friday, Tahini’s tweeted about the recent crypto reserve conversion, as the team recalled telling the … Read more
Central banks across the world have been increasing stimulus and letting inflation run high in order to combat the disastrous economic effects of the coronavirus outbreak response. The Bank of Japan has recently become the country’s largest stockholder and the European Central Bank is prepared to expand its colossal stimulus program. Meanwhile, Federal Reserve Chair … Read more
The American publishing executive, Steve Forbes, recently published a video concerning his thoughts on bitcoin and told viewers that the popular crypto asset is “not yet” the new gold. The business magazine’s editor-in-chief says that bitcoin’s value “remains too volatile,” and he believes the supply cap of 21 million will someday “severely hinder its future … Read more
Well before the coronavirus pandemic, global economists expected a grim-looking American economy and during the last ten months of the Covid-19 outbreak, the U.S. financial system looks even worse. Economists and analysts say the biggest concern is the U.S. dollar faltering into the unknown, as a great number of distinguished individuals believe the USD will … Read more
“For all the reasons it’s a strong developing asset class, it may fail,” said the former Goldman Sachs president. Go to Source Powered by WPeMatico
If history serves us well, 2020 is likely a precursor to a long and dreadful economic depression throughout a myriad of countries worldwide. During the last year, economists and analysts have been discussing how specifically the United States economy and the U.S. dollar are losing global dominance quite rapidly. While a few analysts believe the … Read more
Less than two weeks ago, the International Monetary Fund (IMF) managing director called for a “new Bretton Woods moment.” Meanwhile, the IMF is not the only entity pushing for a “great reset,” as the World Economic Forum (WEF) and other mainstream entities have been promoting the financial reboot propaganda. The Status Quo Preps for the … Read more
Bitcoin’s correlation with traditional markets appears to continue. Go to Source Powered by WPeMatico
He isn’t bearish. In fact, his ideas appear to lean ever so slightly bullish. Go to Source Powered by WPeMatico