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Cryptocurrencies are attractive as a 'small part' of any portfolio, George Ball says

Cryptocurrencies are attractive as a 'small part' of any portfolio, George Ball says
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Cryptocurrencies are attractive as a 'small part' of any portfolio, former Prudential Financial chief says


Cryptocurrencies are attractive as a small part of any portfolio, George Ball says
wdaniel@businessinsider.com (Will Daniel)
© R.Tsubin/Getty Images
R.Tsubin/Getty Images
CEO of investment firmSanders Morris Harris, George Ball, said cryptocurrencies are attractive as a part of any portfolio.
Ball said he sees cryptocurrencies as an effective hedge against currency debasement.
The CEO also argued stock speculators will make the shift to crypto markets if there is a pullback in equities.
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Until recently, the chairman and CEO of investment firm Sanders Morris Harris had long been a critic of bitcoin and other cryptocurrencies. ....

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Crypto survey puts bitcoin at $36 600 in 2021


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Crypto survey puts bitcoin at $36 600 in 2021
That’s another 90% gain on top of the 190% gain for 2020. But Ethereum’s the cryptocurrency to watch next year, according to a survey.
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The total market cap of all stablecoins stood at nearly $24bn in November, up 360% from the $4.8bn at the start of the year. Image: Bloomberg
Bitcoin’s price is expected to hit $36 602 in 2021, and ether is forecast to reach $1 451, extending its phenomenal 340% sprint so far this year.
This is according to the latest Kraken Crypto Sentiment Survey for the second half of 2020. Kraken is one of the world’s largest crypto exchanges. ....

Paul Tudor Jones , George Ball , Sanders Morris Harris , Kraken Crypto Sentiment , Kraken Crypto Sentiment Survey , Black Thursday , Prudential Securities , Know Your Customer , பால் டியூடர் ஜோன்ஸ் , ஜார்ஜ் பந்து , சாண்டர்ஸ் மோரிஸ் ஹாரிஸ் , க்ரேகந் கிரிப்டோ உணர்வு , க்ரேகந் கிரிப்டோ உணர்வு கணக்கெடுப்பு , கருப்பு வியாழன் , விவேகமான பத்திரங்கள் , தெரியும் உங்கள் வாடிக்கையாளர் ,