In this week’s hottest stories from Bitcoin.com News, veteran trader Peter Brandt says the bear market that began for dogecoin back in May is over, Bitcoin.com-backed boxer Gilberto ‘Zurdo de Oro’ (Golden Southpaw) Ramírez steps up for a shot at the World Boxing Association light heavyweight title, the United States Federal Reserve’s key inflation gauge increases in September, and Robert Kiyosaki warns of real estate markets crashing and advises buying bitcoin before the ‘Fed pivot.’ All this and more, just below.
Veteran Trader Peter Brandt Says Dogecoin Bear Market Has Ended
Peter Brandt is a veteran trader who says the last dogecoin bear markets that started in May 2013 has now ended. His comment came after the price of dogecoin soared following Tesla CEO Elon Musk’s acquisition of the social media platform Twitter.
Fed’s Key Inflation Gauge Jumps 0.5% in September, America’s Rising Costs to ‘Punish’ Democrats
The U.S. central bank’s key inflation gauge, the personal consumption expenditures (PCE) price index, increased by 0.5% in September, according to data released by the U.S. Commerce Department on Oct. 28. Markets expect that the Federal Reserve will announce its fourth consecutive rate increase of 75 basis points (bps), next month. Investors are still waiting for the next rate hike, but midterm elections begin on Nov. 8, and there is evidence that inflation weighs heavily on most Americans’ minds.
Undefeated (44-0) Gilberto ‘Zurdo’ Ramírez Challenges for WBA Light Heavyweight World Title vs․ Dmitry Bivol With Bitcoin․com Backing
Gilberto ‘Zurdo de Oro’ (Golden Southpaw) Ramírez, with Bitcoin.com in his corner, has a shot at the World Boxing Association (WBA) light heavyweight title as he faces Dmitry Bivol, also undefeated. Ramirez-Bivol will take place in the largest fight of the season. The main event on a DAZN card is Ramirez against Bivol. This bout will be broadcast live from Etihad Arena, Abu Dhabi.
Robert Kiyosaki Warns Stocks, Bonds, Real Estate Will Crash as Fed Continues Rate Hikes — Advises Buy Bitcoin Before Fed Pivot
Robert Kiyosaki is the famous author of Rich Dad Poor Dad. He warned investors that the Federal Reserve will continue to increase interest rates, causing stock and bond markets to crash. Investors are advised to invest in bitcoin, as he believes the Fed will change.
What are your thoughts on this week’s stories? Leave your comments below.
Credits for the imageShutterstock. Pixabay. Wiki Commons
DisclaimerThis information is provided for educational purposes only. This article is not intended to be a solicitation or offer to sell or buy any product, service, or company. Bitcoin.com doesn’t offer investment, tax or legal advice. This article does not contain any information, products, or advice that can be used to cause or alleged result in any kind of damage.