Valkyrie Investments CEO On Bitcoin: “Absolutely A Digital Store Of Value”

2021-10-7 21:09

Leah Wald discussed Bitcoin on Monday, saying it is "one of the strongest monetary networks."

Valkyrie Investments CEO Leah Wald said that she doesn't think that BTC is fool's gold, unlike the JPMorgan CEO. "I think it is a wonderful digital gold and has done a brilliant job of nailing that store of value narrative."Wald added that although Bitcoin is still in its early stages, "it is establishing itself as one of the strongest monetary networks and absolutely a digital store of value."When it comes to a digital dollar, her opinion is that it would "solidify and strengthen the case for bitcoin."

On Monday, Valkyrie Investments CEO Leah Wald was interviewed on Bloomberg Quicktake. She discussed the bitcoin price, which at the time was hovering around $48,000, and shared her thoughts on JPMorgan CEO Jamie Dimon's opinion that "Bitcoin is "fool's gold."

"If bitcoin can push past $50,000 and maintain this price we do expect this bull run to take it to near highs during the fourth quarter," Wald said. "I'm very excited for October; I'm excited for Q4."

Her predictions have materialized so far. After jumping past $50,000 on Tuesday, bitcoin climbed as high as $55,000 today as around $27 million of BTC futures shorts were liquidated.

Wald also refuted Dimon's claims that bitcoin has no intrinsic value and is "a little bit of fool's gold."

"I obviously don't think that it is fool's gold," Wald asserted. "I think it is a wonderful digital gold and has done a brilliant job of nailing that store of value narrative."

"I think we are still in a collectibles phase," she added. "But little by little it is establishing itself as one of the strongest monetary networks and absolutely a digital store of value."

The head of Valkyrie Investments also commented on the recent movements of the Federal Reserve in regards to a central bank digital currency (CBDC). She expects the organization to begin reviewing the pros and cons of a CBDC in the U.S. soon and seek public comments on the digital dollar.

When asked what the impact of a digital dollar would be on the Bitcoin price, Wald shared that she thinks the outcome would be very bullish.

"I personally think that [a digital dollar] would solidify and strengthen the case for bitcoin."

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) íà Currencies.ru

$ 68677.75 (-0.17%)
Îáúåì 24H $41.71b
Èçìåíåèÿ 24h: -0.28 %, 7d: -3.53 %
Cåãîäíÿ L: $66916.68 - H: $68910.37
Êàïèòàëèçàöèÿ $1358.439b Rank 1
Öåíà â ÷àñ íîâîñòè $ 55274.56 (24.25%)

bitcoin saying one strongest networks monetary monday

Èñòî÷íèê: bitcoinmagazine.com

bitcoin saying → Ðåçóëüòàòîâ: 126


Blockchain Research Institute’s Alex Tapscott: Bitcoin’s Price was Artificial, Healthy Correction Happening

While a lot of casual spectators have been saying that the recent market crash happened due to a number of crypto whales selling of their altcoin holdings, Alex Tapscott, co-founder of the Blockchain Research Institute, believes that the recent crash (which has created a lot of FOMO and FUD in the market) was caused due […]

2018-11-28 20:03


Mike Novogratz On Financial Institutions Entering The Crypto Market: Bitcoin Will Spike In 2019

Mike Novogratz Says That Financial Institutions Will Come On Board And Crypto Market Will Spike In 2019 Mike Novogratz, a former partner of Goldman Sachs and the founder of Galaxy Digital, expressed optimism in cryptocurrency, saying that the market will eventually spike in 2019 after financial institutions come on board. According to Novogratz, the bearish […]

2018-11-27 22:17


Ôîòî:

New Exchange Security Scoring Model Offers Insurance Rates for Coin Holders

International cybersecurity solutions provider Group-IB has come up with a scoring model to grade crypto exchanges based on their level of security. The scoring model was created by Group-IB in conjunction with Swiss-based Cryptolns (which is operated by Swiss insurance broker APIS AS), and the grading is intrinsic to CryptoIns’ new cryptocurrency exchange insurance, which will allow exchange users to cover up to 15 BTC worth of digital assets held in their exchange accounts.

2018-11-13 00:43


Crypto Trader Ronnie Moas places $20K Bet against Vinny Lingham that BTC price will hit $28,000 By the End Of 2019

The recent cryptocurrency World crypto con in Las Vegas rounded up in an interesting situation where two top cryptocurrency investors engaged in a bet, predicting the outcome of Bitcoin in 2019. Cryptocurrency and stock trader Ronnie Moas who attended the meeting announced the $20,000 bet he put up against $CVC founder Vinny Lingham, saying that […] The post Crypto Trader Ronnie Moas places $20K Bet against Vinny Lingham that BTC price will hit $28,000 By the End Of 2019 appeared first on ZyCrypto.

2018-11-3 15:32


Ôîòî:

Bitcoin Remains Firmly at its $6,500 “Stablecoin” Mark: BTCManager’s Week in Review

The price of bitcoin barely moved in the past seven days – ranging from $6,450 to $6,550, to close the week effectively unchanged around the $6,500 mark. This week’s headlines have been driven by more adoption-positive news such as Visa saying that it will consider adopting cryptocurrencies if that will be the way the market evolves, Bakkt confirming the launch.

2018-10-30 20:00


Nouriel Roubini Cheated Crypto Investors In Saying Bitcoin Was A Bad Buy At $58 In April 2013

Nouriel Roubini is famous for a lot of things. The Stern School professor is widely recognized as an economist around the world, while he’s spoke ill of Bitcoin and the rest of the industry. He’s called Ethereum a scam and has even accused builders within blockchain technology as being “greedy kids” for their work. However, […]

2018-10-15 11:08


New Zealand PM Used As Pawn In Fake News Site

Jacinda Arden, Prime Minister of New Zealand has had her face used by a fake news site in order to promote articles aimed at Facebook to encourage a crypto startup. A local media source, ‘Stuff’ reported on Friday that multiple sponsored posts have recently been promoted on Facebook by using the likeness of the New Zealand PM with headlines such as New Investment Plan For Kiwis which were targeted at several different age groups around the country.

2018-10-12 16:30


Nouriel Roubini Tries to Attack Bitcoin by Saying Fees Cost $55, Fails

Global economist Nouriel Roubini expressed his rage against Bitcoin and blockchain while displaying his profound lack of understanding in the field. A Political Rap against Crypto Roubini was present at an informational hearing round “Exploring the Cryptocurrency and Blockchain Ecosystem” organized by the US Senate Committee on Banking, Housing, and Urban Affairs, alongside Peter Van.

2018-10-12 10:38


äàëüøå åùå 77 íîâîñòåé →

Ïàðòíåðû Currencies.ru

Àíàëîã Notcoin - Blum - Èãðàé è çàðàáàòûâàé Ìîíåòû



Ðåêëàìà íà Currencies.ru

Ñàìîå ñâåæåå íà Currencies.ru

UBS launches tokenized treasury fund on Ethereum

UBS deepens its crypto strategy with a new tokenized fund, following digital bond transactions and structured note issuances. The post UBS launches tokenized treasury fund on Ethereum appeared first on Crypto Briefing.