2 years ago
It’s been a week of polarizing sentiment successful crypto news. Whether it’s cryptocurrency money managers predicting $100K bitcoin by the extremity of the year, Peter Schiff saying things “will lone get worse arsenic the recession deepens,” oregon Bill Gates slamming crypto and NFTs, citing the Greater Fool Theory, there’s been nary shortage of spicy statement and notable economical forecasting going on. Read astir it each close here, successful this week’s Bitcoin.com News Week successful Review.
PWC: Majority of Crypto Fund Managers Surveyed Predict Bitcoin Could Reach $100K by Year-End
Major fiscal services steadfast PWC has conducted a survey and recovered that the bulk of crypto money managers surveyed judge that the terms of bitcoin would beryllium betwixt $75K and $100K by the extremity of this year.
US Central Bank Hikes Benchmark Rate by 75 bps, Fed’s Largest Increase Since 1994
The U.S. Federal Reserve raised the national funds complaint by 75 ground points (bps) connected Wednesday, and it was the largest summation since 1994. According to the Fed members’ expectations, the cardinal slope volition apt adhd different 1.5 percent points by the year’s end.
Economist Peter Schiff Explains Why He Expects Bitcoin to Crash arsenic Recession Deepens — Warns ‘Don’t Buy This Dip’
Economist and golden bug Peter Schiff has made immoderate dire predictions astir cryptocurrency, peculiarly bitcoin and ether. He explained that “The request to merchantability bitcoin to wage the bills volition lone get worse arsenic the recession deepens.”
Bill Gates: Crypto Is 100% Based connected Greater Fool Theory — ‘I’m Not Involved successful That’
Microsoft co-founder Bill Gates says crypto is an plus people that is 100% based connected the Greater Fool Theory. The billionaire besides mocked Bored Ape NFTs, stating: “Obviously, costly integer images of monkeys are going to amended the satellite immensely.”
What are your thoughts astir the conflicting views connected bitcoin and crypto from Bitcoin.com News’ hottest stories this week? Let america cognize successful the comments conception below.
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