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
Veteran trader Peter Brandt says the dogecoin bear market that began in May last year has 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. Meanwhile, markets expect with near-certainty that the Federal Reserve will codify its fourth consecutive rate hike by 75 basis points (bps) next month. While investors await the next bank rate increase, midterm elections start on Nov. 8 and reports say inflation is weighing heavily on the minds of most Americans.
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. In what is being hailed as the biggest fight of the year, Ramirez vs Bivol is the main event of a DAZN card that will be aired live from Etihad Arena in Abu Dhabi on November 5.
Robert Kiyosaki Warns Stocks, Bonds, Real Estate Will Crash as Fed Continues Rate Hikes — Advises Buy Bitcoin Before Fed Pivot
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that stock, bond, and real estate markets will crash as the Federal Reserve continues to raise interest rates. Noting that the Fed will pivot, he advises investors to buy bitcoin.
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