Bitcoin’s Market Cap Could Reach ‘Trillions of Dollars’, Says ARK Invest CEO Cathie Wood
- Siamak Masnavi
- /
- 26 Feb 2021
On Thursday (February 25), Catherine Wood, Founder, CIO, and CEO at ARK Investment Management, LLC (aka “ARK” or “ARK Invest”), talked about Bitcoin while speaking as part of a panel for the Bloomberg Crypto Summit. With regard to Bitcoin’s market cap potential, this is what she had to say: “We are so early. That $950 billion dollar market […]
Bitcoin Could Become ‘Digital Gold’ if Volatility Drops and Regulators Step in, Says Bridgewater Exec
- Francisco Memoria
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- 26 Feb 2021
Bridgewater’s director of investment research Rebecca Patterson has said that bitcoin could become digital gold if the cryptocurrency’s volatility drops and its liquidity improves with “regulatory certainty.” Patterson’s words came during an interview with Bloomberg, first reported on by Business Insider. During the interview, Patterson revealed she would not call bitcoin an “alternative currency” and […]
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Strategist Van de Poppe Gives Bitcoin Price Outlook for 2021, Predicts Market Top Years Away
- Michael Lavere
- /
- 4 Jan 2021
Veteran crypto trader Michaël van de Poppe says bitcoin’s price top is still years away, predicting the asset could reach $200 – $300k from the current cycle in 2022.
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US Treasurys’ Sell-Off Punishes Stocks and Crypto Despite Continuous BTC Outflows From Coinbase Pro
- Siamak Masnavi
- /
- 26 Feb 2021
On Friday (February 26), the price of Bitcoin fell to as low as $44,188 (at 07:45 UTC) on crypto exchange Bitstamp after Thursday’s US Treasurys sell-off caused their yields to go up and stock and crypto prices to go down. Currently (as of 10:26 UTC on February 26), according to CryptoCompare, Bitcoin is trading around […]
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