In a Twitter thread today, billionaire investor Mark Cuban weighed in on the current state and the future of blockchain technology and investment, ultimately concluding that while there are real obstacles to adoption asset prices are increasingly reflective of real “utility” and “demand,” and that the day will eventually come when crypto is “mature toContinue reading “Mark Cuban: Crypto prices increasingly reflect “real demand””
Tag Archives: BTC
Is the Bitcoin Correction Over?…We think so!
Bitcoin may not be “mooning,” but the correction is DEFINITELY OVER!Don’t believe us? Here are just a few metrics to consider… 1) First off, this chart from Glassnode shows us the futures funding rate. See that red column? That is a negative funding rate, which means that short sellers are no longer making profit holdingContinue reading “Is the Bitcoin Correction Over?…We think so!”
Bitcoin Long Term Direction
Will Bitcoin Surpass $100,000? The post halving market didn’t fail to disappoint as the bull run has been in full swing! Let’s look at where Bitcoin is currently located and where it may head in the long term! What Will it be?After peaking in 2013, it took Bitcoin 1,247 days to reach the same priceContinue reading “Bitcoin Long Term Direction”
One BTC will be worth a Lambo by 2022, and a Bugatti by 2023: Kraken CEO
Amid the threat of dollar debasement, Kraken’s Jesse Powell believes Lamborghinis and Bugattis may be a better measure of Bitcoin’s value in the future. Appearing on Bloomberg, Kraken CEO Jesse Powell explained why he believes dollar-based long-term price predictions for Bitcoin are flawed, emphasizing the inflationary nature of fiat currencies. Responding to a question asking Powell forContinue reading “One BTC will be worth a Lambo by 2022, and a Bugatti by 2023: Kraken CEO”
Turks Look for Bitcoin (BTC) As Lira Collapses, BTC Is Now The World’s Third-Largest Currency
Bitcoin (BTC) has time-and-again proved that it is the ultimate savior of the world against the inefficient fiat systems and government agencies. Over the last week, the Turkish Lira plunged another 14% against the U.S. Dollar which resulted in Turks searching for Bitcoin (BTC) in order to protect their wealth. Over the last weekend, GoogleContinue reading “Turks Look for Bitcoin (BTC) As Lira Collapses, BTC Is Now The World’s Third-Largest Currency”
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