Bitcoin Could Evolve as a Hedge Against Fiat Collapse Amid Stablecoin Market Shifts, Says Max Keiser
Main Idea
Bitcoin is emerging as a hedge against the collapse of the global fiat system, particularly due to stablecoin-driven dollar debasement and its impact on US Treasuries, according to Max Keiser.
Key Points
1. Bitcoin functions like a Credit Default Swap (CDS) on the collapsing global fiat system.
2. Stablecoins contribute to dollar debasement by increasing the effective M2 money supply.
3. Bitcoin's price is estimated at $60,000 amid a rally, with sell-off risks identified for August.
4. Ray Dalio recommends allocating 15% to Bitcoin or Gold as a hedge against economic uncertainty.
5. Crypto equities, such as MicroStrategy (MSTR) and Coinbase (COIN), showed pre-market gains.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Bitcoin is transitioning
Latest News
- SEC May Approve In-Kind Redemptions for Bitcoin ETFs Amid Coinbase XRP Reduction2025-07-30 22:14:04
- Fundamental Global’s $200M Ether Treasury Plan May Influence Market Despite Share Price Drop2025-07-30 22:13:44
- Pipe Network’s Potential Firestarter Storage Could Influence Solana’s Data Distribution, Pending Official Confirmation2025-07-30 22:09:27
- ETH Onchain Data Suggests Potential Rally to $4,500 Amid Short-Term Bearish RSI Divergence2025-07-30 21:53:19
- Cybercriminal Sentenced After Alleged $800K NFT Theft via Hijacked X Accounts2025-07-30 21:52:44