Wednesday, October 21, 2020
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Bitwise Bitcoin Fund Doubles to $9M as Investor Fears Grow Over Runaway Inflation

Accredited investors worried about out-of-control inflation have poured millions into Bitwise’s bitcoin fund as a means to preserve the value of their portfolios. An amended filing with the Securities and Exchange Commission (SEC) last week showed the asset manager had raised, in total, just under $8.9 million for

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Goldman Sachs Diffuses Fears of November S&P 500 Volatility Bomb

Goldman Sachs strategists believe the markets might be overestimating the risks from the November presidential election.While some analysts anticipate massive volatility spikes after the election, Goldman said S&P 500 would be able to gauge the winner.The confluence of surging COVID-19 cases and the uncertainty around the election are causing market

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Top Indian Central Banker Says Cryptos Have a Future But Fears Monopoly

The former governor of Reserve Bank of India, Raghuram Rajan, said that private cryptocurrencies like Bitcoin (BTC) and Facebook’s Libra may have a future even when central banks roll out their own digital currencies.Rajan, who was also the Chief Economist and Research Director at the International Monetary Fund from 2003–2006,

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