Bitcoin 72K · Gold rises to an all-time high… UBS: “Further rally as the Fed cuts interest rates”

Bitcoin

[Block Media Reporter James Jung] Bitcoin and gold prices are rising together. With the U.S. March inflation index scheduled to be released on Wednesday, there are predictions that gold prices will rise further if the Federal Reserve cuts interest rates. As the Asian market closed and the European market opened on the 8th, the price … Read more

The era of ‘hundreds of millions of annual salaries’ from large corporations… Half of the top 100 companies average over 100 million won

millions

#’100 million won club’ 9 companies in 2019 → 48 companies in 2023… “Influence of high inflation”#Sales ‘Top 10’ are all in the 100 million won range… Samsung Electronics 120 million won, Hyundai Motors 117 million won, SK 119 million won (Seoul = Yonhap News) Reporter Kim Bo-kyung and Kim A-ram = Among the top … Read more

Goldman Sachs Hedge Fund Customers Expand Bitcoin Options Trading – Bloomberg

Graph showing increased Bitcoin options trading among Goldman Sachs hedge fund customers, indicating rising interest in Bitcoin ETFs

As interest in Bitcoin ETFs grows among Goldman Sachs hedge fund customers, demand for options trading is rapidly increasing. According to Bloomberg on the 24th (local time), Goldman Sachs’ hedge fund clients, like retail traders, are showing renewed interest in cryptocurrency options. Interest in cryptocurrency has been rapidly increasing among Goldman Sachs’ hedge fund clients … Read more

Cryptocurrency outlook optimistic due to coronavirus and politically powerless government

Visual representation of the optimistic outlook for cryptocurrency due to the impact of the coronavirus pandemic on traditional financial systems

The global lockdown in response to the coronavirus outbreak has exposed fatal flaws in the monetary and financial system that has dominated the world since U.S. President Nixon abolished the gold standard in 1971. Freeing the dollar from its bondage to gold essentially gave the central bank permission to print it as it pleased. In … Read more