Friday, March 29, 2024
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Three Arrows Capital’s Su Zhu Believes American Boomers Capitulated on Crypto in Mid-May

Summary: Three Arrows Capital co-founder Su Zhu believes that American boomers capitulated on crypto mid this month. He cites the declining prices of MicroStrategy’s and Coinbase’s stock in the traditional markets. Both assets remain in a confirmed downtrend that eerily resembles that of Bitcoin, thus indicating a strong correlation. The Co-founder of Three Arrows

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There’s a Bitcoin boom among Baby Boomers reports BTC Markets

Australian cryptocurrency exchange BTC Markets has observed a significant uptick in older clients using its platform over the past financial year.More older Australians are viewing crypto assets as viable investments according to the data provided by one of the country’s oldest and largest exchanges. In its annual Investor Report, BTC

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77% Of Bitcoin Volume Is Generated by Boomers For This Bitcoin Broker

The demand from baby boomers is generating most of the growth for San Franciscan Bitcoin (BTC) broker, River Financial.Paul Tudor Jones effectMost surveys conclude that younger generations are more reciprocal to Bitcoin, making this data seem counterintuitive. The company’s co-founder and CEO, Alex Leishman, told Bloomberg that Bitcoin is becoming

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‘Boomers Are F*cked’ — New Macro Report Forecasts $1M Bitcoin by 2025

Bitcoin (BTC) can rally to $1 million but coronavirus means that the baby boomer generation is “fucked,” a damning new macro report concludes.Originally published to clients on March 30, the report from Global Macro Investor dubbed “The Unfolding” paints a dismal future for the financial market.Pal: Boomers “will sell every

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Baby Boomers Pumped History’s Biggest Stock Bubble – It’s About to Pop

Baby Boomers have accumulated the “most disproportionate wealth in all recorded history” through the stock market and property. As they exit for retirement, we’re sleepwalking into a crisis, argues former hedge fund manager Raoul Pal. Readjust your retirement expectations or look to bonds, emerging markets, and cryptocurrencies for an alternative. The stock markets

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