BlackRock expected to offer crypto trading as Three Arrows exec says long Bitcoin, ETH in 2022
Zhu Su, a popular analyst and financier, states that Bitcoin (BTC), and Ether (ETH), are specific long bets for 2022.
Zhu, the co-founder and CEO of Three Arrows Capital hedge fund (3AC), tweeted that BTC, ETH, and oil were the best investment options this year. The S&P 500 was a no-go.
Zhu: 2022 macrotrades “quite obvious”
It is tough to see the whole picture. Some are searching for a “melt up” in stocks and crypto due to positive connection. Some feel that a tough period is encountering the board, but that Bitcoin will emerge more powerful afterward.
Although there are concerns that Bitcoin and altcoins might be affected by deflationary pressures, not everyone thinks 2022 will produce a boom for hodlers.
I believe the years macro trades for 2012 are rather clear to me now: 1) long unrefined oil dec22 and dec23 fwd2) long btc and other high-liquidity cryptocurrency as difficult money; 3) short russell/spx/4) brief Meta + Apple/long Google + Microsoft
Zhu Su (@zhusu), February 10, 2022
A second Twitter post confirmed that Visa and Mastercard were also good fiat payment processors.
Arthur Hayes, Ex-BitMEX CEO, has been dismal about the macro outlook because the start of the year.
Zhu thinks there are “quite apparent” places to buy hedge money over the next three quarters.
” An insane 24 hours”
$ BTC Insane 24 Hours A random Canadian business purchased method less $BTC that I own Russia adopted crypto Blackrock desired Bitcoin El Salvador Bonds to be authorized. So why exists a rate war? Security off invalidations = Reclaims Does it pay to take what the market offers again? https://t.co/OyTmlSdRlg pic.twitter.com/F3ibYnjjmX
— Pentoshi Forbes is the worst trader for 40 years (@Pentosh1) February 10, 20,22
KPMG Canada revealed that it has actually included Bitcoin and Ether to their balance sheet.
Comparable: Price analysis 2/9 BTC, ETH and BNB, XRP. ADA, SOL.
Some are looking for a “melt up” in stocks and crypto due to favorable correlation. Some feel that a hard period is coming throughout the board, however that Bitcoin will emerge stronger later.
Cointelegraph reported that near-term BTC cost increases are not a sure thing for bulls.
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This prediction was triggered by reports that BlackRock (the worlds largest possession manager) is wanting to go into the cryptocurrency market.
According to one source, BlackRock is “looking to get hands on with pure crypto.”
Adoption has actually sustained an “ridiculous 24-hours”, according to Pentoshi, a popular expert and trader.
Numerous sources with understanding of the matter claim that BlackRock customers will soon be able trade crypto. The giant will likewise assist in credit in exchange for crypto collateral, according to several people who have been cited by mainstream media.
Comparable: Price analysis 2/9 BTC, ETH and BNB, XRP.$ BTC Insane 24 Hours A random Canadian business bought method less $BTC that I own Russia embraced crypto Blackrock desired Bitcoin El Salvador Bonds to be approved. Security off invalidations = Reclaims Does it pay to take what the market offers once again?
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