It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse.
By the end of the year,...
It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse.
By the end of the year,...
Bitcoin and other cryptocurrencies have taken a slight hit recently, but the market remains strong. The upcoming halving event and potential rate cuts are influencing prices, but these markets are notoriously volatile. Despite setbacks, Bitcoin has seen significant growth this year, driven by ETF hype and growing acceptance. Regulatory developments, such as the SEC review of spot Bitcoin ETFs, are affecting demand. Meanwhile, new entrants like Hashdex are bringing unique products to the market, highlighting the long-term potential of cryptocurrencies.
Investors are feeling the fear of missing out (FOMO) due to Bitcoin's recent surge. While it's important to exercise caution, investors should approach Bitcoin like any other investment, using the same principles of diversifying and using a repeatable process to avoid FOMO and maximize potential gains. Remember, Bitcoin's value is influenced by liquidity and the overall money supply.
Institutional investors are showing increasing interest in Bitcoin, potentially legitimizing it as an asset class. Major institutions remain cautious, waiting for established Bitcoin ETFs before investing. Despite concerns about closures, Kathy Wood of Ark Invest believes Bitcoin could reach $1 million by 2030 due to its low correlation with other assets. Wood also predicts declining interest rates and negative inflation, while highlighting Tesla's innovation and leadership in autonomous driving technology.
