Hoth Therapeutics allocates $1M to Bitcoin as treasury asset
Hoth Therapeutics allocates $1 million to Bitcoin, reflecting rising business adoption amid increasing attention on BTC’s inflation-resistant value.This post was originally published on this site
US companies forecast to buy $10.3B in Bitcoin over next 18 months — Report
The report claimed, a cash treasury “supplemented with a 3% allocation to Bitcoin” would have shielded companies from inflation since 2020.This post was originally published on this site
US companies forecast to buy $10.3B in Bitcoin over next 18 months — Report
The report claimed, a cash treasury “supplemented with a 3% allocation to Bitcoin” would have shielded companies from inflation since 2020.This post was originally published on this site
Gold Shatters Records as Investors Brace for Economic Turbulence
Precious metals prices are on the move again, with gold hitting a new peak of $2,564 during Tuesday’s trading sessions. As of now, gold is being traded at $2,527 per ounce, while silver has climbed more than 6% this week, currently standing at $29.68 per ounce. Market trends show that the prices of precious metals […]
German MP urges government to stop ‘hasty’ Bitcoin sell-off
German MP Joana Cotar said the mass Bitcoin sell-off isn’t “sensible” and “productive” as it could be used to diversify treasury assets and protect against currency devaluation. This post was originally published on this site
German MP urges government to stop ‘hasty’ Bitcoin sell-off
German MP Joana Cotar said the mass Bitcoin sell-off isn’t “sensible” and “productive” as it could be used to diversify treasury assets and protect against currency devaluation. This post was originally published on this site
Mexican Billionaire Ricardo Salinas Doubles Down on Bitcoin, Advises Using It as Inflation Hedge
Ricardo Salinas, the third wealthiest man in Mexico, has recently doubled down on his proposal to use Bitcoin as a reserve asset. On social media, Salinas defended the role of Bitcoin as an inflation hedge, commenting on a post that presented inflation as a hidden tax on fiat money and advised his followers to purchase […]
Skybridge Founder: It Pays to Be Long Bitcoin — BTC Will Be Inflation Hedge and Store of Value as It Scales
Skybridge Capital founder Anthony Scaramucci firmly believes that bitcoin will be both an inflation hedge and a store of value as the cryptocurrency scales. He emphasized that bitcoin is “still an early stage technical asset that will trade like other risk assets until it exceeds a billion users.” Scaramucci Doubles Down on Bitcoin as Inflation […]
Fiat is in ‘jeopardy’ but Bitcoin, stablecoins aren’t the answer either: Ray Dalio
The hedge fund manager instead wants to see an “inflation-linked coin” be brought to the masses which would serve to ensure consumers secure their buying power.This post was originally published on this site
Bitcoin won’t hedge inflation until it hits 1B wallets: Scaramucci
The Skybridge Capital CEO said Bitcoin needs much more proliferation before it can act as an inflation hedge.This post was originally published on this site