Daily Archive: Tuesday, August 9, 2022

News Commentary #1,724 – Avenue7 | Principal Back With Shorter Period

As some of you could see, Avenue7 platform (TRIAL listing) has announced the important change of their investment plan which earlier was 3.5% for 40 days (Principal included). A week ago they diclared to continue with the new one with Principal Back and shorter term, which can be more attractive for some sort of investors. …

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Bitcoin likely to transition to a risk-off asset in H2 2022, says Bloomberg analyst

Bitcoin is likely to transition from a risk-on to a risk-off asset in the second half of 2022, as the macroeconomic environment is rapidly shifting towards a recession, said Mike McGlone, senior commodity strategist at Bloomberg, in a recent interview with Cointelegraph. McGlone predicted: “ I see it transitioning to be more of a risk-off asset …

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