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Market Strategist Discusses ‘Super Bubbles’ Bursting — Warns of ‘Outrageously Consequential, Painful Effects’ – Economics Bitcoin News

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Market strategist Jeremy Grantham, co-founder of asset management firm GMO, has warned of “super bubbles” bursting. He explained that the Federal Reserve has “created an environment conducive to a chain-linked series of super bubbles that break with outrageously consequential, painful effects.” Jeremy Grantham’s Warnings Investment strategist Jeremy Grantham shared his U.S. economic

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Billionaire ‘Bond King’ Jeffrey Gundlach Warns of ‘Painful Outcomes’ in Next Recession – Economics Bitcoin News

boss Bitcoin News, News

Billionaire Jeffrey Gundlach, aka the “Bond King,” has warned of “painful outcomes that are coming in the next recession.” Commenting on the Federal Reserve’s attempt to curb inflation, he cautioned: “The more you try to reduce the severity of problems, you’re going to end up ultimately having a very high

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Bitcoin price hits 10-week low amid ‘painful’ US dollar rally warning

boss Cryptocurrency Market, News

Bitcoin (BTC) provided a long awaited breakout into Sept. 7 as BTC price action dashed bulls’ hopes of a recovery.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$23,000 relief bounce "still likely" says traderData from Cryptox Markets Pro and TradingView captured snap losses for BTC/USD later on Sept. 6, with overnight lows

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DeFi projects face a painful dilemma right now as they seek ‘the holy grail’

boss Exchanges, News

Cryptocurrencies have garnered something of a reputation as being fast, dangerous and lethal for many — so much so that the average investor is scared of digital assets.The volatility that’s associated with this new asset class has also meant that gaining exposure to the world’s biggest coins has been likened

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After painful birth, NEM’s tokenization blockchain ‘Symbol’ is live

boss Blockchain

Veteran crypto team NEM Group has announced the successful launch of its Symbol mainnet.According to a March 17 announcement, NEM now comprises a “two chain ecosystem,” with NEM’s existing NEM NIS1 chain continuing to operate alongside Symbol. Symbol’s launch wasn’t entirely smooth sailing, with the mainnet going live two days

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Painful Housing Market Slump? Not in Recession-Proof Asia

boss Exchanges, News

China, Singapore, and Seoul’s housing market demand is continuing to surge, defying the pandemic-induced economic slump.Singapore, in particular, is seeing a consistent increase in demand all-around, even in the suburbs.UBS analysts believe global housing prices are nearing bubble levels, but strategists see major catalysts for home prices in 2021.The financial

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