Renowned Economist Warns Of Bitcoin Crash Before Spot ETF Approvals
The entire crypto industry is waiting for the approval of Spot Bitcoin ETFs in the US to upend the market and herald the next extended bullish run for BTX. However, Chief Economist Peter Schiff is of another thought and is of the idea that a BTC price crash is on the horizon even before the SEC gives the green light on spot Bitcoin ETFs. Economist Peter Schiff Warns of Potential Bitcoin Crash Schiff created a poll on social media recently and asked his more than 980,000 followers to vote on a timeline for the next Bitcoin crash. The poll attracted a total of 24,599 votes, with the....
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Economist Peter Schiff has warned that the U.S. dollar will crash. Noting that the U.S. is “in a much bigger fiscal mess than Great Britain,” with a much bigger debt problem, Schiff stressed: “Can we possibly repay this debt? Of course not. Repaying the debt is impossible. So, what’s going to happen? We’re going to default.” Peter Schiff Discusses U.S. Dollar Crashing Gold bug and economist Peter Schiff shared his outlook for the U.S. dollar in a podcast titled “When This Sucker’s Rally Ends, the Dollar Will Crash,” published Saturday.....
A crypto expert has disclosed a bullish outlook for the XRP price during the upcoming bull run, highlighting XRP’s advantage over other altcoins due to its lack of ties with China’s CCP. Crypto Influencer Predict XRP Bull Success A crypto influencer on X (formerly Twitter) called BoringSleuth has expressed his sentiment about XRP’s potential success in the eagerly anticipated bull run. Related Reading: Renowned Economist Warns Of Bitcoin Crash Before Spot ETF Approvals BoringSleuth has stated that the XRP price could stand to benefit considerably from the bull market due to its lack of....
Gold bug and economist Peter Schiff says there are two possible outcomes of the Federal Reserve’s action on the U.S. economy. One outcome leads to “a massive financial crisis and severe recession” as stocks, bonds, and real estate crash. In the second outcome, “the world will run away from the dollar,” the economist stressed. Peter Schiff on U.S. Economy: Two Possible Outcomes Gold bug and economist Peter Schiff continued to share his view on the U.S. economy and the Federal Reserve’s efforts to bring down inflation this week. Regarding where the U.S.....
Allianz’s chief economic advisor Mohamed El-Erian says that bitcoin is not too big to fail and that governments may intervene. While he believes that cryptocurrency will grow in popularity, the economist says “it takes away a lot from governments,” adding that this asset “can only establish itself if governments allow it to.” Economist Warns of Government Intervention, Bitcoin Is Not Too Big to Fail Mohamed El-Erian said in an interview with CNN Tuesday that bitcoin is not “too big to fail” and its failure could disrupt the global monetary system....
Economist and crypto trader, Alex Kruger has presented compelling arguments for why Bitcoin (BTC) should be viewed in a more positive light. The popular economist has emphasized the significance of holding Bitcoin, inadvertently encouraging investors to acquire the pioneer cryptocurrency as a safeguard against the devaluation of fiat currencies. Bitcoin As A Hedge Against Dollar […]