2022-12-9 02:57 |
Cryptocurrency has evolved over the last decade, but Krugman is still hung up on Bitcoin's 2008 white paper.
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According to Michael Saylor, enhanced corporate Bitcoin $BTC adoption will encourage more investment from multinational companies and asset managers.
Analysts see Bitcoin hitting $300,000–$500,000 by 2029, but compound growth rates and market cap constraints suggest the moonshot era may be ending.
Analysts say markets are under-pricing the AI data center pipelines of bitcoin miners Cipher and TeraWulf, with billions in signed leases ignored by investors.
Barstool’s Dave Portnoy plans to hold bitcoin until it hits zero after entering near the $100,000 top, highlighting a familiar retail capitulation pattern.
IREN awards $700M in stock to co-CEOs amid a $155M quarterly loss, raising questions about dilution and governance in the Bitcoin mining sector.
Ricardo Salinas Pliego allocates 70% of his portfolio to Bitcoin, predicts $1 million BTC, and advises converting home equity into it.
Bitcoin has fallen to 15th place among global assets by market capitalization. CompaniesMarketCap data placed BTC below several technology companies, Saudi Aramco, and newly listed SpaceX. The ranking came as Bitcoin traded near $63,800 with a market value of about…