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$250 Trillion in Assets Looking for Ideal Store of Value: A Bull Case for Bitcoin
The CEO of Nasdaq-listed billion-dollar company Microstrategy has made a strong bull case for bitcoin. He says there is a $250 trillion ocean of assets looking for the ideal store a value right now and bitcoin is a better store of value than gold or tech stocks, so “a lot of that monetary energy is […] The post $250 Trillion in Assets Looking for Ideal Store of Value: A Bull Case for Bitcoin appeared first on Bitcoin News. дальше »
2020-10-27 21:45 | |
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Bitcoin ‘May Have Extrinsic Value In The Sense That People Want It’ Says BoE Governor
Bank of England (BoE) Governor Andrew Bailey cautioned over the use of Bitcoin as a means of payment on Monday. He said he was “very nervous” about people using the leading digital currency for payments because it has uncertain value. дальше »
2020-10-14 23:07 | |
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Bitcoin Is Undervalued, Fair Value Price Should Be $15,000, Says Analyst
Bloomberg cryptocurrency analyst Mike McGlone says bitcoin is greatly undervalued, suggesting that its fair value price should currently be somewhere around $15,000. The price of bitcoin (BTC) has see-sawed between $10,000 and $12,400 over the last few weeks, often tumbling sharply following what one pundit described as “fake” breakouts. дальше »
2020-9-25 09:45 | |
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MicroStrategy CEO Says Company Could Sell Recently-Acquired Bitcoin Anytime — Here’s Why
MicroStrategy recently rocked the crypto world with its blockbuster bitcoin purchase. The Delaware-based software company indicated that bitcoin was a suitable store of value that has a “more long-term appreciation potential than holding cash. дальше »
2020-9-25 12:18 | |
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Bitcoin is Worthless in Long-term, Says Veteran Stock Analyst
Bitcoin may have rallied better than global stocks in 2020, but a veteran analyst still looks at the cryptocurrency as an asset without any value. James Royal, senior reporter for investing and wealth management at Bankrate – a New York-based financial advisory portal, called Bitcoin worthless in the long-term because it does not generate cash flow […] дальше »
2020-9-4 14:00 | |
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Why This Analyst Doesn’t See Ripple’s XRP Hitting $1 Anytime Soon
An investment analyst, Timothy Peterson says Ripple’s XRP is not likely to reach $1 and much less likely to reach $10. The analyst who uses value estimates to project the future performance of digital assets based on adoption and user interest said the number of users on its network isn’t improving, which means that XRP […] дальше »
2020-8-31 17:41 | |
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China’s DCEP Trials Restricted to Micro-Transactions, Says Central Bank
China’s central bank has denied rumors of its planned digital currency electronic payment (DCEP) system being used for large value transactions. The People’s Bank of China (PBoC), is currently coordinating central bank digital currency (CBDC) trials across several cities in the country. дальше »
2020-8-25 19:22 | |
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Warren Buffett Will Buy Bitcoin Soon, Says Morgan Creek’s Jason Williams
On Friday, it was reported on several major news outlets that American billionaire investor Warren Buffett’s company Berkshire Hathaway bought 21 million shares of Barrick Gold worth $563 million. This is something investors like Buffett (known as value investors) have not done before. дальше »
2020-8-17 16:29 | |
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Bitcoin Is Far Better Than Gold At The Moment, Billionaire Mike Novogratz Says
Gold is no longer the best store of value in the world. The OG cryptocurrency takes that title now, according to Mike Novogratz. The billionaire ex-hedge fund manager and founder of crypto merchant bank Galaxy Digital said bitcoin — which has been on a roll in recent weeks — is now a better investment than […] дальше »
2020-8-16 17:02 | |
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Market Update: BTC Inches Toward $12K, ETH Jumps 12%, Report Says LINK May See ‘Rough Waters’
Digital currency markets have increased significantly in value during the last 24 hours as the market capitalization of all 5,700+ coins is up over 2. 4% on Friday. Bitcoin has been inching toward the $12k region again and ethereum touched a high over $442 a coin during the afternoon trading sessions. дальше »
2020-8-15 22:45 | |
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Inflation Is About To Hit The Roof And Bitcoin Is The Only Long-Term Hedge, Says BTC Whale Tyler Winklevoss
The world economy is in shambles. Governments, especially the US government, are printing billions in fiat money every other month. With this going on, fiat currency is going to lose a significant fraction of its value in the near future. дальше »
2020-8-14 20:16 | |
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Tether Is An Accident Waiting To Happen, Says Veteran Trader Peter Brandt
Tether (USDT) is a stablecoin backed by the dollar at a rate of 1:1. According to the parent firm, USDT will always maintain a 1-to-1 ratio with the U.S. dollar in terms of value, however, Tether has received enormous amounts of criticism over the years, specifically because of their claims about the digital asset being […] дальше »
2020-8-13 16:35 | |
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Billion Dollar Public Company Microstrategy Moves $250 Million Into BTC, Says Bitcoin ‘Superior to Cash’
Nasdaq-listed company Microstrategy Inc. is bullish on bitcoin, saying that it is a “dependable store of value” that is “superior to cash. ” The billion-dollar company has purchased $250 million in bitcoin, adopting the cryptocurrency as its primary treasury reserve. дальше »
2020-8-11 21:30 | |
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US Congressman Says Bitcoin Won’t Go Away, It Will Only Get Stronger
Bitcoin has value and will continue to advance and become a more and more important integral part of the future of Americans, according to Congressman Tom Emmer. The pro-cryptocurrency and decentralization US representative for Minnesota was speaking during an interview with Morgan Creek’s co-founder and early Bitcoin adopter Anthony Pompliano. “Bitcoin, blockchain, it’s not going […] дальше »
2020-8-5 10:48 | |
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Bitcoiners Are Not Looking for a Store of Value, Gold Bug Peter Schiff Says
Although Bitcoin holders often describe the asset as a store of value, gold advocate Peter Schiff said such participants do not actually seek wealth storage, hunting instead for profit. дальше »
2020-7-22 00:20 | |
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Binance Records Largest BNB Burn; CZ Says, “More Certain About The Future Of Crypto Than Ever”
Today, Binance announced the twelfth quarterly burn of its native token Binance Coin (BNB) which was the largest ever yet, reducing about 3. 4 billion BNB from the circulation. Not only was this the largest ever burn in terms of BNB supply but also in USD value at $60. дальше »
2020-7-19 20:21 | |
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Bitcoin Risks Turning Bearish Due to Declining Market Health, Says Glassnode
Bitcoin (BTC) risks sliding back into bearish territory should onchain activity and overall market health continue to decline, warns analytics firm Glassnode. The latest market update from Glassnode shows that the GNI index, which measures the overall state of the Bitcoin network, dropped 18% or 13 points week-on-week, to a value of 60 points. дальше »
2020-5-27 04:33 | |
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Bitcoin’s Intrinsic Value has Effectively Doubled After Halving: JPMorgan Report
Bitcoin “markets effectively priced in a 25% decline in the amount spent on energy per day,” says the “Global Markets Strategy: Flows & Liquidity” report by JPMorgan & Chase Co. published on March 22, 2020. дальше »
2020-5-26 17:57 | |
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Stablecoins Could Transfer Value Across Blockchains, Says Vitalik Buterin
Ethereum co-founder Vitalik Buterin suggested that stablecoins could serve as instant cross-blockchain bridges.
дальше »2020-5-26 12:08 | |
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Anthony Pompliano Says Gov't Response to COVID-19 Will Drive Crypto Adoption
Anthony Pompliano argued that government stimulus measures will drive the adoption of alternative stores of value and non-correlated assets at Consensus.
дальше »2020-5-13 17:14 | |
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No Intrinsic Value? Peter Schiff Says Bitcoin Price Can Never Be Too Low
One of the most popular gold supporters and economists in the world, Peter Schiff, has once again attacked Bitcoin, this time stating that its price can never be too low, implying that it can easily go down to $0. дальше »
2020-5-4 00:20 | |
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Venezuelan Government Insists Petro is Worth $60 but Free Market Says Otherwise
The Venezuelan government has continued to promote the use of their national cryptocurrency, the Petro, by insisting that retailers accept it as payment. However, the token’s low value in the free market and a lack of demand put consumers and retailers at a disadvantage. дальше »
2020-5-4 00:15 | |
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Bitcoin to Be Digital Gold in 2020, Says Bloomberg Report
Bitcoin will mature into a gold-like store of value this year, according to the latest projections by Bloomberg. The financial magazine’s report, “Bitcoin Maturation Leap,” notes that the cryptocurrency is poised for a bull run, after being temporarily dragged by the coronavirus-induced stock market tailspin. дальше »
2020-4-24 20:30 | |
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Saga, Crypto Lender Celsius Network Partner, Earn Up To 9.9% Interest On SGA Tokens
The Celsius Network, one of the biggest crypto lending platforms, has listed the SGA stabilized asset from Saga, giving its SGA token holders the possibility to earn interest. This means users can preserve their assets’ value by using the SGA stabilization mechanism and in the meantime earn an attractive interest through Celsius. While Saga says […] дальше »
2020-4-7 21:00 | |
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‘Bull Run May Not Come Immediately After Bitcoin Halving,’ Says Bitmain’s Jihan Wu
Bitmain cofounder Jihan Wu’s recent interview discusses some of his predictions concerning the future of bitcoin, mining, the bitcoin halving, and the cryptoconomy. Despite the coronavirus outbreak and its effect on the global economy, Wu is optimistic and he believes the modern central banks’ loose monetary policy infecting the world will bolster the value of […] The post ‘Bull Run May Not Come Immediately After Bitcoin Halving,’ Says Bitmain’s Jihan Wu appeared first on Bitcoin News. дальше »
2020-3-28 17:01 | |
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Risky Economic Policy Means Bitcoin’s Real Test Awaits, Says Crypto Attorney
Bitcoin has taken a massive hit to both its market capitalization and, for some, its core value proposition over the last week or two. However, lawyer and cryptocurrency industry observer Jake Chervinsky claims its real test is still to come. дальше »
2020-3-21 19:15 | |
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What an Uptick in ‘Coinjoins’ Says About Bitcoin’s Value Proposition
A bitcoin privacy technology is seeing more usage as the global markets tank. дальше »
2020-3-20 12:00 | |
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Dallas Mavericks Owner Mark Cuban Says The Value Lies Within Blockchain, Not Crypto
Dallas Mavericks owner, Mark Cuban, has revealed that he does not own any crypto assets. The U.S billionaire was speaking at a YouTube interview with fellow shark tank investor, Kevin O’Leary. Cuban went ahead to further state that he prefers neither Bitcoin nor Gold for an investment as of press date. According to him, both […] дальше »
2020-3-10 19:00 | |
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British Banker Talks Bitcoin Again; Price Bombed 80% Last Time
The incoming Governor of the Bank of England has once again said that Bitcoin buyers should be prepared to lose everything they invest. Andrew Bailey, formerly the chair of the FCA, says that the digital asset lacks “intrinsic value”. дальше »
2020-3-5 01:00 | |
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Bitcoin Has Cemented Its Role As A Store Of Value, Says Grayscale Investments Exec
As the threat of a full-fledged coronavirus pandemic grows by the day, investors around the world are searching for viable hedges against the chaos. Gold has been a store of value for investors worldwide for thousands of years, but one executive thinks bitcoin is overtaking the precious yellow metal. дальше »
2020-3-4 23:49 | |
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Pompliano Says He Wouldn’t Buy XRP
Anthony Pompliano, host of the “Off the Chain” podcast and co-founder of Morgan Creek Capital, said he would not buy XRP when asked in an interview with CNN’s Julia Chatterley. Pomp set Bitcoin apart from other blockchain projects and said XRP has nothing driving value that he could point to. дальше »
2020-2-26 02:13 | |
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Warren Buffett Says He Will Never Own Any Cryptocurrency Because They Have “Zero” Value
The CEO of Berkshire Hathaway Warren Buffett is still anti-crypto even after his dinner with Tron CEO Justin Sun. In a recent interview with CNBC’s Squawk Box, Buffett reiterates that cryptocurrencies have no value and he would never own any cryptocurrency. дальше »
2020-2-25 19:40 | |
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Despite Lunch with Sun, Buffett Still Denies Bitcoin’s Legitimacy
Warren Buffett remains skeptical about cryptocurrencies despite on-chain analytics revealing parabolic growth and industry leaders’ best attempts. Cryptocurrencies Have “Zero” Value, Says Buffett Justin Sun, the CEO of TRON and...The post Despite Lunch with Sun, Buffett Still Denies Bitcoin’s Legitimacy appeared first on Crypto Briefing. дальше »
2020-2-25 19:04 | |
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