Eric Balchunas said the Purpose Bitcoin fund could surpasses all other ETFs in Canada within two months, “barring a nasty selloff.”
“If you’re not a green hacker, and you’re not doing it for the planet, you can also do it for the money: by speculating downward on the price of Bitcoin before launching attacks.”
The Bitcoin-to-gold price ratio could shoot to 100x with the digital asset’s volatility possibly dropping to gold levels by 2024.
Grayscale is continuing its BTC accumulation spree, snapping up more than 40,000 BTC in just 16 days.
Bitcoin’s 30% price correction was enough to give some CFOs second thoughts.
A new crypto outlook from Bloomberg suggests BTC could reach $50,000 in 2021, topping off a month of major institutional momentum for the asset.
The asset manager says Ethereum’s mass appeal is growing.
CZ admits it’s not always easy weeding out US traders from the global Binance exchange.
Biden’s administration may not have the same “hands-off” approach to crypto regulation, contends Bloomberg.
Bitcoin may take twice as long to get to $100,000 than previously surmised.