Sunday, July 3

Kevin O’Leary Says His Crypto Holdings Could Reach 20% Of His Portfolio By CoinTelegraph

© Reuters. Kevin O’Leary says his crypto holdings could reach 20% of his portfolio

Shark Tank celebrity Kevin O’Leary aka Mr. Wonderful says he would be willing to increase his crypto allocations by up to 20% as soon as there are clearer regulations around stablecoins.

O’Leary, a former skeptic of (), is now a staunch advocate of cryptocurrencies, which currently account for more than 10% of his investment portfolio.

Mr. Wonderful especially focuses on stablecoins pegged to the US dollar, which he considers an effective hedge against rising inflation levels. By betting stablecoins, he noted, you can get up to a 6% return. He explained to Cointelegraph:

Read the full article on Cointelegraph

Legal warning: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Reference-es.investing.com

Leave a Reply

Your email address will not be published.