Paul Tudor Jones Points To Bitcoin And Gold As Shields Against US Inflation Threats

Billionaire hedge fund manager Paul Tudor Jones, CEO of Tudor Investment Corporation, highlighted the growing threat of inflation in a recent interview with CNBC, describing Bitcoin and gold as essential assets amid rising recession fears in the United States.

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Powell downplays recession concerns amid solid economic growth

Powell's optimism and policy adjustments suggest a balanced approach to sustaining economic growth while mitigating recession risks. The post Powell downplays recession concerns amid solid economic growth appeared first on Crypto Briefing.

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Fed makes aggressive 50 bps cut amid recession fears

The Fed's aggressive rate cut highlights significant economic concerns, potentially influencing market stability and recession probabilities. The post Fed makes aggressive 50 bps cut amid recession fears appeared first on Crypto Briefing.

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Crypto Investments See $528 Million Outflows Amid Recession Fears

Bitcoin topped negative flows with $400 million outflows, leading to total crypto outflows of $528 million amid market fears and recession concerns. The post Crypto Investments See $528 Million Outflows Amid Recession Fears appeared first on BeInCrypto.

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Bitcoin Dips Below $50K as Global Market Crashes

Bitcoin plunged below $50,000 for the first time in 6 months as global markets crashed amid recession fears.

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Gold vs Bitcoin: Recession Concerns Spark Renewed Investment Debate

Gold is likely to be a safe-haven asset if macro conditions deteriorate, while ETF approvals could make Bitcoin safe amid a recession. Read more here. The post Gold vs Bitcoin: Recession Concerns Spark Renewed Investment Debate appeared first on BeInCrypto.

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Will Bitcoin Price Surge if Fed Cuts Rates Amid ETF Approvals?

Recession forecasters predict the Fed has much work to do to bring inflation to 2%, a problem that Bitcoin could exploit. The post Will Bitcoin Price Surge if Fed Cuts Rates Amid ETF Approvals? appeared first on BeInCrypto.

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Hedge Fund Billionaire Tudor Jones Remains A Bitcoin Fan Amid Geopolitical Unrest, Looming U.S. Recession

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A Crypto Recession Looming? Commodity Strategist Raises The Red Flag

Bitcoin (BTC) surged above the $28,000 mark on Monday, but amid the elation of this milestone, concerns loom large in the crypto market. Mike McGlone, Commodity Strategist at Bloomberg, shed light on a disconcerting trend that has cast a shadow over the digital asset realm.

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Crypto VC market flashes green amid macroeconomic recession alarms

May 2023 marked the second consecutive month of crypto VC activity growth, surpassing $1 billion in funding for the first time since September 2022.

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Cronos (CRO) Up 4% In Last Week Amid Recession Fears

Crypto. com is one of the centralized exchanges that survived the market tribulations of 2022. Recent analysis done by CryptoCompare shows that the CEX had an average market share of 4. 6% last year.

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Bitcoin Lingers Above $17,000 Amid Macroeconomic, Recession Concerns For 2023

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Valkyrie Funds, Ark Invest Say Crypto Has Hit ‘Bottom’ Amid Recession Woes

Frank Downing, director of research at Ark Invest and Steven McClurg, co-founder of asset management firm Valkyrie, joined “First Mover,” to discuss why crypto may have reached its “bottom,” and their crypto-focused separate managed accounts (SMAs).

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Research: Gold’s value fell amid war, record inflation and potential recession – is Bitcoin a better hedge?

Gold has long been considered the ideal hedge against inflation for a long time. The post Research: Gold’s value fell amid war, record inflation and potential recession – is Bitcoin a better hedge? appeared first on CryptoSlate.

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Aussie exchange Swyftx cuts staff by 21% amid bear market

Australian crypto exchange Swyftx highlighted inflation, a recession, and the bear market as the reasons behind the unfortunate lay-offs.

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IMF recession warning sees Bitcoin dip under $21K amid fresh $1M BTC price forecast

Bitcoin can still rise to seven figures within five years, PlanB claims, calling for investors to ignore short-term "noise."

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Asia Broadband acquires more gold amid global recession fears

Asia Broadband Inc. (OTCMKTS: AABB) has been acquiring more gold deposits as the global recession continues to bit. The move aims to give Asia Broadband and its gold-backed hybrid cryptocurrency, the AABB Gold token (AABBG) more intrinsic value amid the current market uncertainty.

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Yearn.Finance (YFI) Token Spikes 100% in Week: Possible Reasons

One of most expensive cryptocurrencies of latest DeFi euphoria is pumping again amid bearish recession

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Market Wrap: BTC Falls Below $20K as Crypto Bounce Loses Steam

The price of bitcoin and other major cryptocurrencies fell amid testimony by U.S. central bank Chair Jerome Powell, who said a recession might not be avoidable.

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Shiba Inu, Uniswap Top Weekly Gainers Among Top 20

This comes as crypto market faces fresh selling pressure amid growing recession fears

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After the DeFi bloodbath, can Cake DeFi offer refuge?

Amid the looming risks of global recession and inflation in the US hitting a 40-year high, hundreds of billions of dollars have been wiped out from the cryptocurrency market in the previous two days.

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Crypto exchange Coinbase slashes staff by 18% amid bear market

After initially slowing down hiring, Coinbase announced plans to reduce its headcount by 18%, with the CEO citing a starting economic recession.

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BlockFi Cuts 20% of Workforce Amid Crypto Downturn

BlockFi is firing 20% of its employees due to worsening macroeconomic conditions. BlockFi Anticipates Extended Global Recession BlockFi is letting go of 20% of its workforce. According to a Monday...

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Billionaire Stanley Druckenmiller Says He Would Rather Own Bitcoin as Recession Beckons

American billionaire investor Stanley Druckenmiller warned the U. S. economy will slip into recession next year, and said that he would rather "own more bitcoin (BTC) than gold" amid rising inflation.

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Meta's Dare Obasanjo: Coinbase Rescinding Job Offers

Amid crypto recession, many crypto heavyweights are reconsidering their hiring policies; here's how Coinbase tries to mitigate losses

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Why the Fed Will Go Back to Easy Money

Amid a recession and political paralysis, the Federal Reserve will have no choice but to revert to quantitative easing. What will that mean for cryptocurrencies like bitcoin?

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Allianz Chief Economic Advisor Predicts Bitcoin Going Higher Amid Inflation

Mohamed El-Erian, Chief Economic Advisor for Allianz, took an interview with CNBC to discuss the rising price of bitcoin, inflation rates, and possible recession.

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Hang Seng, China Stocks Soar as Beijing Pledges Support Amid Equity Rout

Crypto remains stable, though liquidity thin, as markets in Hong Kong climb out from the worst slump since the 2008 recession.

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Dogecoin (DOGE) dips 20% during the past 24 hours amid broader market dip

The cryptocurrency market is currently in a major recession, with the global crypto market capitalization dropping by around 12. 9% during the past 24 hours. At the time of writing, the total market cap stood at $1.

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Canaan Cuts Losses for Second Successive Quarter, Down To $2.4M in Q2; Demand Remains Weak

Canaan Creative, the Chinese maker of bitcoin mining hardware, reported a net loss of $2. 4 million during the second quarter of 2020, down from $5. 6 million in the previous quarter. It is the second consecutive quarter of narrowing losses for the firm, hit hard by falling demand amid the Covid-19-induced global recession.

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Why Bitcoin Is a Bad Investment for a Recession

The blockchain space originated amid the 2007-2008 financial crisis. The genesis block of the world’s first cryptocurrency, Bitcoin, contained the message: “Chancellor on the Brink of the Second Bailout for...

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Brazil: Can Low Interest Rates Stimulate Growth?

Brazil is in a recession, but is a steepening of the yield curve amid low short-term interest rates signaling a rebound might be on the horizon?

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US Real Estate Crisis: Home Sales Plunge to 9-Year Low, Mortgage Delinquencies to Soar Past Great Recession Level

The US real estate market is facing a crisis as unemployment soars amid the coronavirus pandemic. Home sales have plunged to a nine-year low and a record-high number of homeowners are defaulting on their mortgage payments.

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Economists Predict Worst Recession Ever for India Amid Lockdown Extension

Economists have predicted that India will face its worst recession ever as the country announced another nationwide lockdown extension. India’s economy is forecasted to contract 45% in the second quarter following the Rs 20 lakh crore coronavirus relief stimulus package which some economists call “aimless” and a “lost opportunity.

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These 4 Trends Suggest Bitcoin’s Bull Trend Is Exhausted After Rally to $10k

Just two months ago, Bitcoin was trading at $3,700. Amid a liquidation event in traditional finance and growing fears of a recession and a pandemic, global markets were tanking, crypto included. But just eight weeks and a block reward halving later, BTC just recently traded at $10,000 — just over 170% higher than the March...

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Interest Rate Adjustment Opens Way for Brazil to be New ‘Bitcoin Demand Source’

The economic gloom of Brazil continues amid the coronavirus pandemic. The deteriorated fiscal position and political uncertainties have created fears of a deep economic recession. The Central Bank of Brazil has also cut the interest rate to 3%, which is an all-time low.

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Bitcoin Rallied Amid a “Catastrophic Economic Event” in Big Boost to Bull Case

One of the longest standing narratives is that Bitcoin is a “safe haven asset” or “store of value,” an asset that should outperform equities and bonds when there is a recession, geopolitical tension, or otherwise abnormal events taking place that would not be defined as “good.

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U.S. State Bank Closes Amid COVID-19 Market Recession. First Victim of Coronavirus?

The U.S. Federal Deposit Insurance Corp has announced the closing of First State Bank of Barboursville. Reportedly, the bank has had problems since 2015.

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New York Mortgage Data Show U.S. Housing Market is Crashing

The housing market bubble that's been inflated by ultra-low interest rates has finally popped as buyers run for the hills amid recession fears. The post New York Mortgage Data Show U.S. Housing Market is Crashing appeared first on CCN.com

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Options Investors Don’t Trust the Dow’s Rally – And Neither Should You

The stock market rally is unlikely to last as the Dow Jones searches for a new bottom amid rising economic pain and recession fears. The post Options Investors Don’t Trust the Dow’s Rally – And Neither Should You appeared first on CCN.com

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Banks Tell Businesses Not to Tap Their Credit Lines in Recession-Fueled Panic

Banks appear to be scrambling to ensure their liquidity as a decade of over-lending comes crashing down amid recession fears. The post Banks Tell Businesses Not to Tap Their Credit Lines in Recession-Fueled Panic appeared first on CCN.com

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Bank of America Economist: ‘There Should Be No Upper Bound for the Size of Stimulus’

Amid the coronavirus pandemic, worldwide governments have decided that there is effectively no limit to their money printing. That was confirmed recently by a statement from Bank of America. A major recession seems certain amid the global market panic.

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Spanish Securities Watchdog Halts Short Selling Amid Coronavirus Caused Recession

Spain has banned short selling for a month, although extension for additional periods is still possible

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Bitcoin’s Fear And Greed Index Suggests BTC Price Might Take A While To Recover

While the global stock market, major economic sectors, and world economies take a hit amid strong rumors of a looming economic recession, the crypto market especially Bitcoin has had struggles of its own.

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The Bond Market Just Flashed This Nightmare Scenario Warning

Wall Street's most trusted recession indicator flashed red again, as investors flocked government bonds amid the coronavirus threat. The post The Bond Market Just Flashed This Nightmare Scenario Warning appeared first on CCN.com

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U.S. Recession Trigger Flashes Red – MIT Scientists Give It 6 Months

Inverted yield curves are back in the spotlight this week, as investors rush into government bonds amid the coronavirus pandemic. The post U.S. Recession Trigger Flashes Red – MIT Scientists Give It 6 Months appeared first on CCN.com

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German Economy in Risk of Recession Amid Weak Demand, Tariff Threat, and Epidemic

Germany, the economic powerhouse of Europe, is facing renewed challenges that may soon push it towards recession. Falling industrial production and dwindling factory orders are the prime cause of concern.

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A quarter of Brits call for teaching crypto at schools amid fears of a recession

Around 24 percent of British workers believe cryptocurrencies should be a subject taught in schools across the country. According to a Censuswide survey, 25 percent of Millennials said they are planning to invest in digital assets in 2020, while 37 percent believe their banks should provide access to cryptocurrencies.

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What Another Fed Rate Cut Means For Crypto?

For the third time this year, the US Federal Reserve has cut interest rates amid a global economic slowdown. Crypto markets did not react to the news but the outlook for the global economy is darkening as another recession looms.

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