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As Bitcoin Reaches New All Time Highs Are More Investors Using Cryptocurrency As An Inflation Hedge


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- Financialnewsmedia.com News Commentary
PALM BEACH, Fla., March 11, 2021 /PRNewswire/ Bitcoin was the first and is still most well-known cryptocurrency. People were skeptical at first but the cryptocurrency tidal wave hard to ignore! Despite Bitcoin being well known amongst traders for its price swings, many believe that this leading digital currency is here to stay. The beginning of the pandemic immediately sparked rumors about a new financial crisis hitting the globe with all its might. Indeed, nobody knew how long it would take the world to combat COVID-19. The government started the money creation process, and the US dollar index slid to the lowest level for the first time in the past few years. As the market hates uncertainty, the whole world froze, awaiting election results. Stock market and gold prices dropped again as a natural response to the election season, and everyone expected Bitcoin to follow the same falling trend, but it didn t. A recent report fro ....

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JPMorgan says up to $316 billion selling in equites by quarter end


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For those who hope that the worst is now over, JPM has some bad news, Zero Hedge reported.
In one of his latest Flows and Liquidity reports, JPM quant Nick Panigirtzoglou writes that as we approach quarter-end, the equity
rebalancing flow question is resurfacing in client conversations.
The equity rally and the bond sell-off during the current quarter is naturally creating a pending rebalancing flow for multi-asset investors away from equities into bonds for pension funds and balanced mutual funds. How much of equity/bond rebalancing flow should we expect into current quarter-end? he said.
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JPM estimates around $107 billion of equity selling by balanced mutual funds globally into the end of March in order to revert to their 60:40 target allocation. ....

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DRC Foundation: Digital Reserve Platform - Hedge Inflation Risks with Decentralized Finance


DRC Foundation: Digital Reserve Platform - Hedge Inflation Risks with Decentralized Finance
WASHINGTON, DC / ACCESSWIRE / March 4, 2021 / Printing is a hot topic. Be it of dollars, or of cryptocurrency tokens, there is an unprecedented amount of new wealth creation occurring in 2021. With so many places to invest, it can be extremely daunting for investors to commit their funds to a particular asset. Property overvaluation is high, gold derivative markets are shaky and the cryptocurrency is new and largely unregulated. Deciding where, and how, to commit one s funds to a store of value aside from the ever-inflating dollar supply is a difficult task. ....

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Dunelm : Hedge fund billionaire Sandell pays $105 million to settle NY tax fraud case


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NEW YORK (Reuters) - The billionaire hedge fund manager Thomas Sandell has paid $105 million in back taxes and damages to settle charges he defrauded New York state and New York City out of taxes on a decade s worth of fees, officials said on Tuesday.
Sandell, a principal at Sandell Asset Management Corp, did not admit or deny wrongdoing in settling claims by state Attorney General Letitia James and New York City Corporation Counsel James Johnson, who jointly announced the settlement.
The claims arose from Sandell s having deferred paying taxes on $450 million of management and performance fees he earned from overseeing offshore hedge funds from 1998 to 2008. ....

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Bitcoin is surging as an inflation hedge, however do not rely out gold both


Bitcoin is surging as an inflation hedge, however do not rely out gold both
Meanwhile, bitcoin has soared nearly 70% and is currently hovering just below $50,000 per coin not far from the record high it reached last month.
Still, fans of gold think the yellow metal is due for a rebound even if bitcoin continues to march higher as well.
Gold is a classic fear trade. Prices rallied last year on worries about coronavirus lockdowns crippling the global economy. But gold also does well when investors are worried about inflation as they are now.
Plus, the price volatility of bitcoin may make it less attractive than gold to many big institutions looking to protect their cash, despite recent decisions by the likes of Tesla (TSLA) and MicroStrategy (MSTR) to hold bitcoin on their balance sheets. ....

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