Ripple’s RLUSD stablecoin launch sparks a warning against “FOMO,” as early supply shortages could cause temporary price spikes before stabilizing near $ 1. RLUSD Launch Warning: Why Ripple CTO Urges Caution Amid Initial Supply Issues Ripple’s chief technology officer, David Schwartz, has issued a measured warning about early price volatility for the company’s U.S. …
Keep 2-3% of Your Net Worth in Bitcoin: Thomas Peterffy Advises
Peterffy wants to see more investors add bitcoin to their assets but keep their holdings to a minimum. Investors Should Add Bitcoin to Assets Billionaire founder of Interactive Brokers Group, Thomas Peterffy has advised clients to acquire some bitcoin but to keep their holdings small due to the volatility of the asset. Speaking on Wednesday […]
Bukele Advises Argentine Vice President on Bitcoin and Volcano Bonds
During his official visit to Argentina, Bukele met with Victoria Villarruel, the nation’s vice president, to discuss cryptocurrency and the Salvadoran experience with Bitcoin. While the meeting was private, a video released before the meeting shows Villarruel asking Bukele about the first cryptocurrency and the yet-to-be-issued bitcoin-backed “volcano bonds.” Bukele Talks Cryptocurrency and Bitcoin Bonds […]
UBS Warns of Further US Dollar Decline, Advises Investors to Reduce USD holdings
Financial giant UBS expects the U.S. dollar to continue to depreciate, advising investors to reevaluate their portfolios. The bank predicts a medium-term decline due to shrinking interest rate advantages and a growing fiscal deficit. With the dollar down 5% since June, UBS recommends strategies like currency hedging and diversifying into other currencies and assets like […]
Robert Kiyosaki Advises Investing in Bitcoin as US Dollar Becomes Trash
Robert Kiyosaki, author of Rich Dad Poor Dad, has criticized the debate over whether bitcoin or gold is better. He stressed that the only facts that matter are how much gold and bitcoin you own, pointing to the $ 35 trillion U.S. debt as the real issue. Cautioning that the bond market is crashing, …