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How Guggenheim's Walsh recession-proofed $185bn of bond assets

How Guggenheim's Walsh recession-proofed $185bn of bond assets
citywireselector.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from citywireselector.com Daily Mail and Mail on Sunday newspapers.

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Bitcoin loses its grip on $50,000 as weekend trading slumps


Bitcoin loses its grip on $50,000 as weekend trading slumps
Bitcoin took another dip below $50,000 today as weekend trading struggled to get going across the board.
Despite briefly showing signs of life yesterday with a determined step up towards $51k in what looked like a genuine effort to shake off the hangover of a crimson-flushed week for cryptocurrency, weak trading volume saw the world’s leading digital asset slide back to a level of support around $49,500.
Traditionally weak in volume throughout BTC’s history, weekends have recently set the scene for some remarkable upward price action. However, last Sunday’s fall from above $60,000 to the mid-fifties followed by an eye-watering tumble to $48,000 days later has seemingly laid down the marker for market sentiment which appears almost disinterested. ....

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Fears Of A 'Major' 50% Correction Send Bitcoin Crashing Under $50,000 As Ethereum, Ripple's XRP And Cardano Lead $200 Billion Crypto Price Plunge

Fears Of A 'Major' 50% Correction Send Bitcoin Crashing Under $50,000 As Ethereum, Ripple's XRP And Cardano Lead $200 Billion Crypto Price Plunge
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.

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Bitcoin Price Prediction: Plunge To $20,000 Possible, Minerd Says


Bitcoin Price Prediction: Plunge To $20,000 Possible, Minerd Says
KEY POINTS
Bitcoin price could lose over 50% of its current value
Minerd remains bullish of the largest cryptocurrency in the long-term
Despite Bitcoin s aggressive rally the past seven months, rising from $10,600 to a record high $65,000, a prominent investor believes the largest cryptocurrency will tumble to less than half its current value before soaring to all-time highs in the long run.    
Scott Minerd, Guggenheim Partner s global chief investment officer, believes Bitcoin s price is moving too fast and a major correction is likely in the horizon. In an interview with CNBC s Worldwide Exchange  on Wednesday, Minerd believes a drop of 50% may happen soon. ....

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