Renowned Peter Brandt has voiced concerns about a potential sharp decline in the US dollar, suggesting Bitcoin as a viable alternative asset.
His comments align with growing skepticism about the US government’s fiscal policies and a broader trend among investors seeking safer assets.
The acceptance of cryptocurrencies is increasing among notable personalities, including political figures like Donald Trump and Kamala Harris, and entrepreneurs such as Elon Musk and Mark Cuban. This growing interest reflects a broader movement towards digital assets.
Brandt foresees a significant depreciation of the US dollar, reflecting broader concerns about traditional currencies in the current economic climate. He recommends Bitcoin as a store of value amid these uncertainties, a view supported by figures like Elon Musk and Robert Kiyosaki. Kiyosaki believes Bitcoin, gold, and silver will benefit from Trump’s potential re-election and subsequent economic policies.
Elon Musk has recently voiced concerns about America’s financial management, predicting possible bankruptcy if current trends continue. Robert Kiyosaki echoes this sentiment, asserting that Bitcoin will soar under a Trump administration due to anticipated fiscal changes.
Kamala Harris has shown increasing interest in the cryptocurrency field. Reports indicate her team has sought advice from Mark Cuban on crypto policies, suggesting a potential openness to innovative technologies.
The Digital Chamber has urged Harris to advocate for crypto, while Congressman Tom Emmer has criticized potential appointments under a Harris administration, warning of negative impacts on crypto regulation and financial stability.
Ross Ulbricht, the man once behind the Silk Road dark web marketplace, has turned artifacts from his prison years into a multimillion-dollar Bitcoin windfall.
Bitcoin is entering June with renewed strength as institutional appetite and fresh capital flows continue to shape its trajectory.
Nvidia’s recent market retreat hasn’t shaken analysts’ confidence in the stock’s long-term potential. Despite a dip to $135.13 at the close of the last session, chart watchers say a powerful setup could send NVDA soaring toward the $200 mark in the coming months.
The team behind Pi Network is diving into the gaming industry with the release of FruityPi, a new application designed to highlight the practical use of its ecosystem tools, including the Pi cryptocurrency, wallet, and ad services.