Auto Added by WPeMatico

Legacy Investor Bill Miller Compared Bitcoin to a Ferrari and Gold to Horse and Buggy

The former Chairman and CIO of Legg Mason Capital Management – Bill Miller – once again shared his support towards the primary cryptocurrency by likening it to a Ferrari. On…

Continue ReadingLegacy Investor Bill Miller Compared Bitcoin to a Ferrari and Gold to Horse and Buggy

Gold Spikes on US Debt Fears — Finance Portal Disowns End-of-Year Gold Price Prediction

While the price of bitcoin has surged during the first few days of October, the price of the precious metal gold has also increased percentage-wise as the U.S. dollar and…

Continue ReadingGold Spikes on US Debt Fears — Finance Portal Disowns End-of-Year Gold Price Prediction

Rich Dad Poor Dad’s Author Now Invests in ETH After BTC and Gold

Robert Kiyosaki – founder of Rich Global LLC and Rich Dad Company – recently told his followers to invest in Ethereum before “the biggest crash in history.” Thus, the author…

Continue ReadingRich Dad Poor Dad’s Author Now Invests in ETH After BTC and Gold

Melanion Capital’s CIO Disagrees with Ray Dalio: Regulators Will Not Kill Bitcoin

Jad Comair – Founder and CIO of Melanion Capital – opined that regulators would not “kill” bitcoin if it becomes too successful. Such a move would be possible only in…

Continue ReadingMelanion Capital’s CIO Disagrees with Ray Dalio: Regulators Will Not Kill Bitcoin

SEC Could Approve a Bitcoin Futures ETF by October, Says Bloomberg Strategist

The US Securities and Exchange Commission could greenlight a Bitcoin futures ETF as early as October this year, said Bloomberg’s Senior Commodity Strategist – Mike McGlone. He also doubled down…

Continue ReadingSEC Could Approve a Bitcoin Futures ETF by October, Says Bloomberg Strategist

Evergrande Losses Sparks Fear of Looming Credit Contagion, Janet Yellen Asks to Raise US Debt Ceiling

Global investors have their eyes peeled on the Evergrande Group or the Evergrande Real Estate Group, China’s second-largest property developer by sales. Evergrande Group shares nosedived on Monday dropping to…

Continue ReadingEvergrande Losses Sparks Fear of Looming Credit Contagion, Janet Yellen Asks to Raise US Debt Ceiling