Latest news with #DanTapiero
Yahoo
10-05-2025
- Business
- Yahoo
Veteran fund manager sees massive upside if Fed slashes rates
Macro investor and fund manager Dan Tapiero believes Bitcoin could gain more than double its value should the U.S. Federal Reserve have to ease monetary policy due to slowing economic growth stemming from tariff-related uncertainty. In a post on X, Tapiero noted that both the U.S. and China are experiencing a 'growth-dampening impact' from the continuous trade tensions. He said, 'If the US slows hard, could the Fed get to 1.4%, -250 bps from here?' For now, Tapiero's statements follow news of China's central bank, the People's Bank of China (PBOC), cutting its key short-term lending rate by a modest 10 basis points, from 1.5% to 1.4%. The central bank will also lower the reserve requirement ratio by 50 basis points to help add about one trillion yuan ($138.5 billion) into the financial system. The macro strategist also believes that impending policy loosening in the U.S. could lead to significant debasement of fiat currency, thereby fueling the next large move up in Bitcoin. 'This is extreme data,' Tapiero added. 'Much lower rates and a weaker dollar are needed to offset fiscal austerity, and fiat debasement equals +BTC.' In addition, he pointed out that U.S. consumer sentiment is at levels last seen during the Global Financial Crisis of 2008–09, which seemed to indicate increased pressure for fiscal and monetary stimulus. At press time, Bitcoin is trading at $101,565.42 as per Kraken. The price is up by 32.47% over the last one month. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
06-05-2025
- Business
- Bloomberg
Navigating Crypto Volatility: All Options Considered
In this edition of the All Options Considered podcast, BI's Chief Global Derivatives Strategist Tanvir Sandhu is joined by Dan Tapiero, Founder & CEO of 10T Holdings & 1RoundTable Partners, to discuss how to navigate the volatility of digital assets. All Options Considered is part of the FICC Focus podcast. Listen to FICC Focus on Apple Podcasts and Spotify. Apple: Spotify:
Yahoo
02-05-2025
- Business
- Yahoo
Will Rates Drop and Bitcoin Pump?
10T and 1RT CEO Dan Tapiero joins CoinDesk to discuss economic indicators such as the Richmond Fed survey and potential interest rate cuts, projecting a possible $300,000 Bitcoin if short rates hit zero. Plus, his bullish outlook for the broader crypto markets in the U.S. Dan Tapiero will be joining CoinDesk at Consensus 2025 in Toronto from May 14-16. Get your tickets here: This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.
Yahoo
30-04-2025
- Business
- Yahoo
Will the XRP ETF Explode Like Bitcoin's?
10T Holdings founder Dan Tapiero joins CoinDesk to discuss the launch of ProShares' XRP ETF and compare their potential success to the bitcoin products. Plus, Dan shares his early experiences trading bitcoin and XRP, and weighs in on the criticisms of XRP's centralization. This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes. Sign in to access your portfolio
Gulf News
21-04-2025
- Business
- Gulf News
Bitcoin surges afresh to $87,200 as analysts expect US Treasury liquidity injections
Bitcoin price rose on Monday (April 21) as it spiked to $87,216.59 (at 2:52 AM UTC), as analysts suggest a cautiously optimistic outlook for the remainder of 2025. Its price jumped 3.77% in the last 5 days (an addition of $3,165.57) as it continues to be influenced by a complex interplay of factors. After reaching an all-time high of approximately $109,000 in January, the cryptocurrency has experienced fluctuations, recently trading around $84,000 as of April 17. This price movement reflects a combination of market sentiment, macroeconomic factors, and technical indicators. Expert insights on Bitcoin's recent price movements Analysts have offered varied predictions for Bitcoin's trajectory in 2025. Titan of Crypto, a well-known technical analyst, suggests that Bitcoin could reach $137,000 by mid-2025. This forecast is based on the formation of a bullish pennant pattern and anticipated liquidity injections from the US Treasury. Dan Tapiero, CEO of 10T Holdings, points to a rare spike in the CBOE Volatility Index (VIX) as a potential indicator of a rebound for risk assets like Bitcoin within the next 6 to 12 months, as per Cointelegraph. Rally predicted Benjamin Cowen, a crypto analyst, predicts that Bitcoin could rally to between $120,000 and $150,000 later in the year, provided it maintains support above $72,000, according to Coinpedia Fintech News. Robert Kiyosaki, author of Rich Dad Poor Dad, envisions a long-term surge, forecasting Bitcoin to reach $1 million by 2035. He attributes this potential growth to ongoing economic challenges and increasing US debt. Despite these optimistic projections, some market participants remain cautious. Polymarket indicates a 61% probability that Bitcoin will surpass $110,000 in 2025. However, they assign lower probabilities to more ambitious targets, with only a 29% chance of reaching $150,000 and a 14% chance of hitting $200,000, as per Business Insider. Trump effect On April 10, Bitcoin surged and most smaller cryptocurrencies gained even more after President Donald Trump surprised markets by saying he would pause so-called reciprocal tariffs on dozens of non-retaliating countries. The largest digital asset jumped as much as 7.4% to $82,715, while XRP and Solana each increased more than 11%. Ether, the second-biggest token, also turned higher after Trump noted the change on his social media platform. Cryptocurrencies had been among few asset classes to hold steady, as investors kept dumping stocks and bonds and seeking havens to the turmoil. Bitcoin's relative outperformance buttresses the argument that it should be included in portfolios to hedge against risks, said Joel Kruger, market strategist at LMAX Group.
