Wednesday, December 18, 2024
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Why This Billionaire Continues To Advocate For Bitcoin Amid Surging US Debt

Bitcoin (BTC) has continued to occupy center stage, drawing varied reactions from different financial pundits. One of these voices is billionaire investor Mike Novogratz, who has yet again reiterated his support for the top cryptocurrency despite the unsettling dynamics in the United States economy. The Growing Concern: Skyrocketing Interest Payments The US

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Crypto Billionaire and Tron Founder Justin Sun Transfers ETH Worth $30M from Lido to Huobi

Justin Sun has transferred nearly $30 million worth of ETH tokens to Huobi, sparking rumors of a large upcoming sale. Tron founder Justin Sun has withdrawn $29.7 million worth of Ether (ETH) from Lido Finance and transferred the funds to Huobi. According to data provided by blockchain intelligence firm Arkham Intelligence, Sun requested to

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Billionaire Investor Peter Thiel Backs Bitcoin Startup River in $35M Round

River offers a wide range of bitcoin-related services for individuals and businesses, including a brokerage that offers zero-fee dollar-cost averaging, mining, full-reserve custody, and a wallet that supports both on-chain transactions and transactions on the Lightning Network – a bitcoin scaling solution that settles transactions off-chain for faster speeds and

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Billionaire Ray Dalio Warns US and China on Brink of War, Beyond Ability to Talk — US-China Trade Could Collapse – Economics Bitcoin News

Bridgewater Associates founder Ray Dalio has warned that the U.S. and China are “on the brink of war” and “are beyond the ability to talk.” The billionaire added that their relations “are getting so bad” that U.S.-China trade could collapse. He cautioned that the next 18 months “will be a

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‘Crypto is dead in America’: Tech billionaire Chamath Palihapitiya

Regulators in the United States have choked out the cryptocurrency sector to the point of death according to Bitcoin (BTC) bull and billionaire tech investor Chamath Palihapitiya.“Crypto is dead in America,” he boldly claimed in an April 22 episode of the All-In podcast. Palihapitiya’s comment came in response to the

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While Musk Says AI Could Destroy Civilization, Reports Show that Billionaire Plans to Launch AI Firm 

Elon Musk is reportedly working on launching an AI startup to compete with OpenAI. Many prominent names, including Elon Musk, have weighed in on the matter of AI technology that recently exploded and is aggressively dominating. Opinions are in two directions: while many see AI as a game-changer for many industries,

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Billionaire Barry Sternlicht Warns of Hard Landing — Says ‘Economy Is Going to Implode’ – Economics Bitcoin News

Billionaire Barry Sternlicht, chairman and CEO of Starwood Capital Group, has warned that the U.S. economy is going to implode, emphasizing that interest rates have to fall. He further stressed that the economy “will have a hard landing.” Barry Sternlicht on Hard Landing, Economic Implosion The chairman and CEO of Starwood Capital

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Billionaire ‘Bond King’ Jeffrey Gundlach Predicts the Fed Will Cut Rates Substantially Soon – Economics Bitcoin News

Billionaire Jeffrey Gundlach, aka the “Bond King,” has predicted that the Federal Reserve will be cutting interest rates substantially soon. “Red alert recession signals,” he added, noting that all U.S. Treasury yields two years and out are “well below the fed funds rate.” Doubleline CEO on Fed Rate Cuts and Recession Jeffrey

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