Bitcoin
Bitcoin
Subscribe now Forbes Crypto Asset and Blockchain Advisor and “Revealing Blockchain Blockbusters Poised to Gain Over 1,000% in Bitcoin Halving Earthquake Aftermath”!
Bitcoin prices have soared in the last year, boosted by the arrival of Wall Street's new physical Bitcoin exchange-traded funds (ETFs), but Congress' crypto bill could spell 'disaster' for Bitcoin, Ethereum, and XRP and the broader crypto market.
Now, after an executive at Tesla billionaire Elon Musk's social media company rose.
Sign up for free now crypto codex—Stay informed and ahead of bull runs in the Bitcoin and crypto markets with our daily 5-minute newsletter for traders, investors, and crypto enthusiasts.
Tesla billionaire Elon Musk has warned that the US dollar could be headed for collapse, saying it is a “steal of money” … [+]
Musk: “If we don't do something about the national debt, the dollar will lose its value.'' Posted In response to a post by an Posted on X.
Musk: “I'm just stating the obvious'' Added In a follow up post.
Musk's warning of a US dollar collapse follows similar warnings by others. Last month, legendary Bitcoin billionaire Tim Draper issued a “catastrophic” US dollar prediction, warning that the dollar would collapse by 2030.
“I hope that people watching this at least have some Bitcoin so they can support their families while the dollar goes to zero,” Draper said in 2014, when he made about $18 million in Bitcoin. Bought Bitcoin and made billions of dollars.The US government said: cointelegraph.
On the other hand, Arthur Hayes, a trader who co-founded BitMEX, a pioneer in virtual currency derivatives, and currently runs a family office called Maelstrom, believes that the influence of the Federal Reserve Board and the United States has caused the price of Bitcoin to decline. He wrote in a blog post that he expects the price to rise to around $70,000 per Bitcoin. The Treasury Department has launched a “stealth form of money printing” that will help the crypto market “cut off the bottom and slowly begin to rise.”
Sign up now crypto codex—Free daily newsletter for those interested in cryptocurrencies
Bitcoin prices soared last year, surpassing all-time highs and rising even higher … [+]
The coronavirus pandemic, supply chain-destroying lockdowns, and massive stimulus checks mean inflation will spiral out of control in 2022, and Black Swan author Nassim Taleb believes the Federal Reserve will It warned that it could trigger an unstoppable “death spiral” for the US dollar.
In March, the CEO of BlackRock, the world's largest asset management company,
BLK
In February, legendary investor Jim Rogers warned that the massive $34 trillion US debt mountain means the impending recession “will be the worst this year.” [his] lifetime. “
Last year, Jefferies analysts predicted that a sharp economic downturn could force the U.S. Federal Reserve to restart money printing presses in 2024, leading to a collapse of the U.S. dollar and a Bitcoin price boom to rival that of gold. I predicted that it was possible.
