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Crypto is a ‘Fantastic Hedge’ Against Bubble in Bonds - Pantera’s CEO
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Investing in crypto is a “fantastic hedge” against a bond market that will get destroyed once the US Federal Reserve stops its asset purchases, Dan Morehead, CEO of the crypto investment firm Pantera Capital, wrote in a recently published note.
According to Morehead, the Fed’s actions since the onset of the pandemic has fuelled a historic bubble in the bond market that will sooner or later -- implode.
“Bonds investors are going to get absolutely destroyed when the Fed stops manipulating the bond
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