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10 Biggest Bitcoin Predictions in 2021

10 Biggest Bitcoin Predictions in 2021
Bitcoin, the most popular cryptocurrency, has fallen by close to half in value from a peak of around $64,000 since April, resulting in social media speculation around crypto-related stocks in general and the future of blockchain technology in particular. Some of these concerns have come amid a renewed government crackdown against digital currencies in China, one of the most important internet markets in the world. However, financial experts have stepped in to fill some of the information gaps and soothe investor concerns on the issue.
Crypto-related offerings, by the very nature of a business still in infancy, are volatile. Smart investors realize this, and often understand why a dramatic fall in value for a technology that is universally considered revolutionary might actually represent a buying opportunity, instead of a panicked selloff. Another solid indicator of long-term outlook on crypto is hedge fund interest, and many of the ....

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Cathie Wood Expects Bitcoin To Reach $500,000

Cathie Wood Expects Bitcoin To Reach $500,000
Inflation Concerns: Wood told Bloomberg she thinks all assets are in a risk-off period.
The innovation sector of the stock market has pulled back dramatically since February as a result of inflation concerns, Wood said.
These concerns were initially helping
Bitcoin (CRYPTO:$BTC), she said. The cryptocurrency is a very important hedge against inflation, but Wood said she believes the current sell-off in Bitcoin is a correlation amongst all volatile assets.
Bitcoin Buying Opportunity: When the market becomes emotional, it s hard to predict the lows, Wood said, adding she thinks the sell-off in Bitcoin is a buying opportunity. ....

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Investing in Chinese Tech: The Proverbial Risk/Reward Scenario

Investing in Chinese Tech: The Proverbial Risk/Reward Scenario
April 23, 2021
Alibaba (NYSE:BABA) recently drew the ire of Beijing, reminding investors that political risk is an important issue to consider in emerging markets. Still, the
With Beijing increasingly scrutinizing Chinese tech companies, investors need to do their homework.
“Chinese technology companies have been in the spotlight lately, and a few under-reported details stand out,” notes Liqian Ren, WisdomTree director of Modern Alpha. “When the Ant Financial IPO was delayed, speculation grew about how Chinese regulators would restrict the company. As expected, its financial services are going to be structured under the regulation of a financial holding company. One component that went unanswered is, what to do with Ant’s technology arm? In my view, it may be spun into a separate tech company that would improve its valuation.” ....

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Best Penny Stocks to Buy in 2021? 3 Cheap Stocks to Watch Right Now

Best Penny Stocks to Buy in 2021? 3 Cheap Stocks to Watch Right Now
dailyherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyherald.com Daily Mail and Mail on Sunday newspapers.

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Market Wrap Podcast, April 12: Here's all that happened in the market today

Ghosts of March 2020 March crash were back on Dalal Street on Monday as fears that the government could go for stricter lockdowns to curb the second wave of Covid-19, hampering the economic recovery, spooked market participants.
Bears launched an all-out attack on the stock markets today as record daily cases of Covid-19 infections weakened bull reign. The benchmark S&P BSE Sensex and the Nifty50 indices cracked nearly 1,900 points and 590 points to hit intra-day lows of 47,693 and 14,249 levels, respectively. The concerns were felt in the currency market too as FPI outflows dragged the rupee to the lowest level in nine months. The rupee hit a low of 75.14 in the intra-day trade but ended at 75.05 per US dollar compared with Friday s close of 74.74. ....

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