ETF CRASH Updated 02/23/2021 Michael Burry, widely known for his role in the prediction of the 2008 subprime mortgage crisis and the collateralized debt obligations bubble, now predicts the same fate for Index funds and a possible ETF market crash. Now we have to ask is there an ETF to protect against a market crash?
Recently on 02/03/2021 iShares Silver ETF (SLV) recently changed their terms, in which they state they are unable to buy physical silver and basically lose the value of what this ETF was created for. This points to hard assets in demand to offset the coming market crash that Michael Burry of “The Big Short” is warning of now.
The Big [...]
Bakkt and how it effects our space. Crypto embraces many youngsters and often shows up as the first touchpoint to individuals when it comes to trading and the world of finance. Yeah, there wasn’t a more hip thing than to own Bitcoin Dec ’17 and even the price dropped like a rock – the young generation is yet mesmerized by cryptocurrencies. Understandable that many questions arise – many see themselves deep in a rabbit hole.
When it comes to Hopium, the Bitcoin ETF approval is still #1 on the list, which is considered as a catalyst to make the price great again. But once you start your research engine, you will discover [...]
Altcoin guest Post Provided by CryptoMedics (Read the review of their service here) You might have realized that Altcoins have been suffering while Bitcoin dominance is going up. Many of our favorite Altcoins have taken another major hit. The Satoshi value of most large caps is still depressed compared to back when BTC broke beneath $6,000.
Take a look at this: