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Bitcoin Has No Intrinsic Value, Asset Is Too Volatile, Says Bank of Korea Governor
Bank of Korea Governor Lee Ju-yeol has said that crypto assets like bitcoin have no intrinsic value – put simply, a measure of what an asset is actually worth. ● Speaking in the National Assembly on Feb. дальше »
2021-2-25 03:30 | |
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Bitcoin Price Drops 18%, Fed Discusses ‘Soft’ Inflation, Analyst Says BTC Sell-Off Attracts More Investors
Digital asset markets are seeing some turbulence on Tuesday as the entire crypto market capitalization has lost 11% in value during the last 24 hours. Bitcoin has slid to a low of $44,846 during the morning trading sessions (EST) losing more than 18% during the last day. дальше »
2021-2-24 19:05 | |
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Yet Another Bitcoin ETF, Mike Novogratz’s Galaxy Digital Positioning Itself to Lead This Boom
While the first Bitcoin ETF has made its debut in Canada, the U.S. will be the next — “It’s all part of this accelerating evolution of being a store of value,” says the CEO. The post Yet Another Bitcoin ETF, Mike Novogratz’s Galaxy Digital Positioning Itself to Lead This Boom first appeared on BitcoinExchangeGuide. дальше »
2021-2-21 17:25 | |
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Bitcoin Will Die If Developers Don’t Innovate, Charles Hoskinson Says
Bitcoin skeptic Charles Hoskinson, founder of Cardano, said in an interview with the Cardano subreddit that bitcoin, like fiat money, is the only thing of value it has is acceptance. “Fall” of the Dominant Coin Therefore, when it loses its only strength – popularity, it will eventually die. Over the past week, bitcoin has madeRead More дальше »
2021-2-18 22:00 | |
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Mark Cuban: Ethereum Better Than Bitcoin as Store of Value
Shark Tank: Ethereum vs Bitcoin In a recent podcast with DeFi blog The Defiant, billionaire investor Mark Cuban suggests Ethereum (ETH) could be the future of stores of value. Cuban, famous for his appearance on the television series Shark Tank, says cryptocurrency’s second token could even outdo Bitcoin (BTC) in that area. дальше »
2021-2-15 22:54 | |
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Guggenheim Investments Increases Bitcoin Fair Value Estimate — Says BTC Price Could Reach $600K
Guggenheim Global Chief Investment Officer Scott Minerd has increased his bitcoin fair value estimate. He now says that the price of the cryptocurrency could reach $600K based on his firm’s fundamental research. дальше »
2021-2-5 06:30 | |
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Bank of Singapore Says Cryptocurrencies “Could Replace Gold as a Store of Value” but Unlikely to Displace Fiat Currencies
A new research note released by the Bank of Singapore (BOS) suggests that cryptocurrencies are likely to replace gold as a store of value. However, the note says it is unlikely that such digital currencies can replace fiat currencies even as their appeal grows. дальше »
2021-1-25 13:30 | |
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Growing Number of Clients Bought ETH, But Only A Select Group of VC Funds & Family Offices Investing in DeFi: Coinbase
DeFi remains retail-driven just like the early days of Bitcoin adoption, says Coinbase whose clients are interested in Ethereum’s evolving potential as a store of value and its status as a digital commodity. дальше »
2021-1-23 18:26 | |
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Argentine Billionaire Marcos Galperin Says Bitcoin a ‘Better Store of Value Than Gold’ as Officials Plan to Print More Pesos
Argentine billionaire and CEO of the e-commerce platform Mercado Libre, Marcos Galperin says bitcoin is a better store of value than gold. However, the billionaire thinks the crypto will not replace fiat currency due to what he terms the high “energy cost required to process its transfers. дальше »
2021-1-16 00:30 | |
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Crypto Prices Show Signs of Recovery, Market Analyst Says ‘Bitcoin Remains in a Healthy Place’
Bitcoin and a number of other cryptocurrencies have regained some of the percentage losses they suffered this past Monday, as various crypto assets are up today between 5-25% in value. On Monday, the crypto economy dipped under the $800 billion handle after the entire market cap fell from its trillion-dollar valuation. Today, the overall market […] дальше »
2021-1-12 22:11 | |
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Bitcoin Should be Up 100% in Next 12 to 18 Months & Likely Even “Higher than Lower,” Says Bill Miller
The value investor said volatility is just the price you pay for such a performance and deep corrections are “normal in this type of very, very early technology.” The post Bitcoin Should be Up 100% in Next 12 to 18 Months & Likely Even “Higher than Lower,” Says Bill Miller first appeared on BitcoinExchangeGuide. дальше »
2021-1-10 19:01 | |
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Bitcoin Rally Could be “Mother of All Bubbles” Says BofA
Over the Christmas season Bitcoin more than doubled in value. It saw new all-time-highs after attracting a swath of institutional investment. This rise prompted a number of traditional investors and analysts to caution that Bitcoin may be entering a hyper-speculative stage. дальше »
2021-1-10 17:51 | |
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Bitcoin Less Risky as the Price Rises, Says Bill Miller
In an interview on the CNBC. com show The Exchange, the CEO and Chief Investment Officer of Miller Value Partners, explained the nature of Bitcoin’s risk profile. How can this be? Miller, who is famous for his S&P-beating track record, pointed to a few factors to back up his statement. дальше »
2021-1-10 15:56 | |
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$300 million staked in ETH 2.0 is the 'ultimate bet on progress' says Buterin
As 2% of all ETH supply is now in the ETH 2. 0 deposit contract, the total value staked is around 2. 2 million $ETH. Source: Crypto Quant This shows immense confidence on part of the Ethereum comThe post $300 million staked in ETH 2. дальше »
2021-1-9 15:30 | |
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Six-Digit Bitcoin Prices: Stock-to-Flow Creator Says BTC Value Model ‘On Track Like Clockwork’
Bitcoin prices have gone parabolic and the value is seemingly following along with the controversial stock-to-flow (S2F) model, according to the price model’s creator. This week, the Twitter handle dubbed “Plan B” said the “bitcoin stock-to-flow model [is] on track… like clockwork. дальше »
2021-1-9 23:30 | |
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Bitcoin Price Taps $41,970, Morgan Creek Partner Says ‘BTC Is a 10x Improvement on Gold’
Bitcoin’s price continues to move northbound, as the crypto asset’s value has touched another all-time high (ATH) this week reaching $41,970 per coin on Friday morning (EST). The digital asset bitcoin is now the 7th most valuable asset worldwide with an overall market valuation of around $778 billion today. дальше »
2021-1-9 18:12 | |
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Fund Manager Bill Miller Lauds BTC- Says ‘Bitcoin Could Be Rat Poison, and the Rat Could Be Cash’
Fund Manager and founder of Miller Value Partners, Bill Miller says holding bitcoin is better than holding cash because the digital asset is immune to the bad policies of the U.S. Federal Reserve. Writing in the 2020 Q4 Market Letter, Miller explains that some companies are already converting to bitcoin in order to avoid incurring […] дальше »
2021-1-8 00:30 | |
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BTC Reaches a Whopping $40,000, Industry Exec Says ‘Bitcoin Rises in the Eye of a Perfect Storm’
The price of bitcoin has astonished the masses once again surpassing $40,000 per coin across crypto exchanges worldwide. With well over $28 billion in global trade volume, the leading crypto asset’s overall market valuation is now a whopping $728 billion in value. дальше »
2021-1-8 21:20 | |
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Skybridge Capital: Bitcoin Price Must Reach $535k to Match Gold
Anthony Scaramucci’s fund, Skybridge Capital, says that for Bitcoin to overtake gold and dominate as a store of value, its price must reach $535k. Bitcoin Must Rise 121X to Overtake Gold As per their investment deck published on Jan 4, this 121X expansion in the BTC/USD price will translate to a market cap of overRead More дальше »
2021-1-6 07:00 | |
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Peter Schiff’s Understanding of Money is Flawed, Says His Pro-Bitcoin Son
Gold bug Peter Schiff has been publicly confronted by his 18-year-old son, a bitcoin proponent, on the topic of value. Calling his dad’s understanding of money “Flawed,” Spencer Schiff made the statement in defense of TV Personality Max Keiser, who was having an argument with Peter on Twitter. дальше »
2021-1-1 15:15 | |
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XRP the 'third largest collapse of all time' says The TIE’s Josh Frank
The token has lost more value than former commodities trading giant Enron.
дальше »2021-1-1 03:34 | |
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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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