Paying a wealth tax is just fine for George Soros. He is among more than a dozen billionaires who make up the richest people on the planet and don’t think they’re being taxed enough to cover their fair share. However, they have conditions. They have designated causes as well as the amounts for such a tax. The billionaires have signed a nonpartisan letter to 2020 presidential hopefuls calling for...
By CCN: The future's so bright for crypto that investors need to wear shades. Travis Kling, CIO of crypto investment firm Ikigai Asset Management, is more bullish on bitcoin than ever. From any vantage point, bitcoin has turned a corner. Not only is the bitcoin price up nearly 50% in May (based on CoinMarketCap data), but it's about doubled year-to-date. Also, BTC has rebounded 150% from year-end...
Alex Jones made his triumphant return to the Joe Rogan Experience podcast recently, where he discussed Bitcoin, cryptocurrency, and his arch-nemesis, George Soros, among other things. Jones suggested that Soros had reached out to him via intermediaries in an attempt to cool the Infowars founder’s constant attacks on him. Part of the deal, according to Jones, meant agreeing to advertise, or in...
By CCN.com: Billionaire hedge funder George Soros has warned that the ‘cold war’ consuming the United States and China could get ugly. Speaking in Davos, Switzerland on the sidelines of the World Economic Forum (WEF), the chairman of hedge fund Soros Fund Management said things could get nasty as the world’s two biggest economies stay locked in a trade war, according to CNBC: The reality is that...
George Soros thinks cryptocurrencies are a bubble. He’s about to start trading them anyway. The billionaire investors and business magnate won’t be trading them personally, of course, but Bloomberg reports that Adam Fisher -- who runs Soros Fund Management’s macro investing operation -- has secured internal approval to begin trading cryptoassets. Fisher reportedly received the go-ahead to begin...
The bitcoin price has dropped from $19,530 to $15,150 within the past five days, since December 17. While analysts have attributed the recent decline to many factors, one major factor seems to be high transaction fees of bitcoin. Factors Behind Decline Analysts and experts have offered two explanations to justify the recent price decline and correction of bitcoin. Some analysts have claimed that...
Is bitcoin's historic rise headed for a major fall? Vikram Mansharamani, author of “Boombustology: Spotting Financial Bubbles Before They Burst” and a lecturer at the Harvard John A. Paulson School of Engineering and Applied Sciences at Yale University, analyzed the likelihood of a new bitcoin bubble in his LinkedIn post. Using five “lenses” he has developed, he concluded that bitcoin’s long-term...