Inflationary Bear Market Spells Trouble For Investors
With more good news is bad news jobs data, the world’s inflationary bear market is spelling trouble ahead. The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.Rates On The RiseYesterday’s initial jobless claims data release came in below expectations, signaling a stronger labor market which is another “good news is bad news” signpost. We can see some of these developments play out via the....
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Renowned billionaire hedge fund manager Stanley Druckenmiller says that in an inflationary bull market, he wants to own bitcoin more than gold “for sure.” However, he explained that in a bear market, he would prefer to have gold. Stanley Druckenmiller on Crypto, Bitcoin, and Blockchain Stan Druckenmiller shared his view on bitcoin and cryptocurrency investing in an interview with the Sohn Conference Foundation, published Saturday. Druckenmiller is chairman and CEO of Duquesne Family Office LLC. He was previously a managing director at Soros Fund Management where he had....
Spells of Genesis remains one of the most interesting projects to make use of blockchain technology. The reason for this is quite simple: the project has been in development for quite some time now, and the team recently released the early beta for their mobile card game. This early beta release also marks the second milestone for Spells of Genesis since....
How do you regain your mantle as champion of a genre you pioneered? Everdreamsoft’s answer is Spells of Genesis (SoG), an innovative new mobile trading card experience combining arcade ease and its own, innovative currency for iOS and Android devices. A Look Into Spells of Genesis. Everdreamsoft’s first foray into trading card gaming (TCG) was with 2009’s Moonga, garnering 250,000-plus downloads and being one of the first free-to-play experiences on the AppStore. Now they’re pushing the mobile gaming envelope once again by focusing the most important aspect of any gaming experience: The....
Despite the recent rally in equities, the bond market has meaningfully reversed and resumed its sell-off while treasury yields rise with inflationary pressure.
In bear markets, holders accumulate showing unwavering faith. The other side of that is a decrease in the “willingness to spend” or use the assets. The latest Intotheblock report “highlights the diverging pictures between on-chain demand and accumulation of the largest two crypto-assets.” Some people still have trouble admitting we’re currently in a bear market, but the signs are everywhere. Related Reading: This On-Chain Indicator Suggests Bitcoin Still Only 1/3rd Into Bear Market Why would you move your money if your goal is to accumulate? It doesn’t make sense. The whole situation....