Macroeconomics | ForkLog

ForkLog 14 20.10.2021

Billionaire Carl Icahn calls Bitcoin an inflation hedge

Carl Icahn warns CNBC of an impending crisis and touts Bitcoin as an inflation hedge.

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ForkLog 16 23.09.2021

Evergrande pays up on September 22, but authorities warn of a potential ‘storm’

The on-balance-sheet debt of Evergrande Group, which is on the brink of collapse and is estimated at about 2% of China’s GDP, paid interest on bonds to local investors. Beijing has urged local authorities to prepare for a potential 'storm', according to the Wall Street Journal.

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ForkLog 39 22.09.2021

Fed officials flag a modest rate-hike path as cryptocurrencies reclaim Tuesday’s highs

The median forecast for the federal funds rate at the end of 2023 was 1%, and for 2024 1.8%; votes for and against the first rate hike in 2022 were evenly split. These data are contained in the Fed's updated projections from the Federal Open Market Committee.

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ForkLog 16 21.09.2021

Possible default by a Chinese developer rattled markets, weighing on Bitcoin

The risk of default by one of China's largest construction companies, Evergrande, which has accumulated debt of 2 trillion yuan ($309 billion), on September 20 provoked panic in financial markets. Bitcoin fell by 9%.

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ForkLog 41 30.08.2021

Billionaire John Paulson calls cryptocurrencies a bubble

John Paulson, famed for his successful bet against the mortgage-backed securities market in 2007, told Bloomberg in an interview that cryptocurrencies are a bubble that will become worthless.

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ForkLog 7 28.07.2021

Horizon Kinetics, with $7bn in assets, bets on bitcoin amid inflation

Co-founder of Horizon Kinetics, the $7bn asset manager, Peter Doyle, told the Financial Times that the company has bet on digital assets and real estate to protect against inflation.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 11 28.05.2021

Expert says cryptocurrencies could spark the next financial crisis

Cryptocurrencies could spark the next financial crisis, according to Brett Heath, head of Canadian firm Metalla Royalty & Streaming.

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ForkLog 23 22.02.2021

Opinion: Governments could ‘crush’ Bitcoin

Governments will stoke inflation and start clamping down on gold and Bitcoin as competitors. This view was presented by investor Michael Burry, who predicted the collapse of the U.S. housing market.

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ForkLog 11 26.01.2021

Opinion: More companies will invest in Bitcoin to hedge inflation risk

ARK Investment Management CEO Cathie Wood says that in the future more technology companies will hold part of their reserves in Bitcoin. She said this in an interview with Yahoo Finance.

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ForkLog 13 03.11.2020

The ‘Bond King’ Jeffrey Gundlach calls Bitcoin an inflation hedge

Head of the DoubleLine Capital investment firm Jeffrey Gundlach recommended Bitcoin and gold as assets capable of protecting capital from depreciation due to a weaker dollar. The well-known cryptocurrency skeptic voiced his view on the Rosenberg Research webcast.

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ForkLog 8 26.10.2020

Bitcoin hits record high in Turkish lira terms

Bitcoin price hit a record high in the Turkish lira pair. Along with Bitcoin’s gains, this is aided by the lira’s negative dynamics, which this year has cemented its status as the worst performer among emerging-market currencies.

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ForkLog 15 05.10.2020

Egypt’s economic crisis fuels interest in Bitcoin

Problems in Egypt's economy have driven locals to turn to cryptocurrencies as an alternative source of income. This is reported by Al-Monitor.

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#Macroeconomics