The CEO of cryptocurrency exchange Kraken Jesse Powell believes that US regulators may try to "repress" the digital asset industry. In an interview on CNBC, Powell said that the growth of the cryptocurrency market is attracting a lot of attention, including from regulators.
SEC Commissioner Esther Pearce said it would be difficult for governments to ban Bitcoin. If the regulators really decide to do this, they will do something stupid. The Commissioner of the US Securities and Exchange Commission (SEC) said this during an online conference on investments in cryptocurrencies.
John Danielsson argues that Bitcoin's continued growth will cause serious inequality in society and lead to a dystopian future. An economist at one of London's leading universities said that if Bitcoin and other cryptocurrencies continue to rise in price, inequality in society will increase. Director of the Center for Systemic Risk at the London School of Economics, Jon Danielsson, published a column for the VoxEU Center for Economic and Policy Research titled "What Happens If Bitcoin Succeeds?"
Analysts at investment bank RBC Capital Markets believe that after launching its own cryptocurrency exchange, Apple will be able to earn more than $ 40 billion a year.
Billionaire and Miller Value Partners founder Bill Miller has once again come out in support of Bitcoin. He also talked about the reasons for buying bonds from MicroStrategy.
In a Q4 2020 report to Miller Value Partners, the founder of the firm said 0.75% of its assets were invested in convertible bonds of MicroStrategy. This company has invested over $ 1 billion in Bitcoin.Guggenheim Partners' chief investment officer Scott Minerd confirmed his forecast for Bitcoin at $400,000, but warned of a possible correction in BTC.
Scott Minerd noted that the market situation is likely to develop similar to the situation after the Spanish flu in 1918. Then, after the end of the epidemic, the economy began to develop rapidly. Although the epidemic affected the market, it did not affect gold prices.
Major American investor and fund manager Bill Miller spoke again about Bitcoin and said that as the price of BTC rises, the associated risks will decrease.
In an interview on CNBC, Bill Miller commented on the rise of Bitcoin and expressed his attitude towards the first cryptocurrency:
"One of the things that's interesting about Bitcoin is that it gets less risky the higher it goes," Miller told CNBC Friday. "That's the opposite of what happens with most stocks."
Recently, crypto enthusiasts are happy not only for Bitcoin, the rate of which has approached $35,000. Ether exceeded $1,000 for the first time since the beginning of 2018. Since the evening of January 2, ETH has grown by a third — at that time the coin was trading at $720, now ETH is $1,090. It is quite possible that in the coming days, Ethereum w...
As you know, prices for Ripple tokens are falling and the company itself is preparing for trial. Not without the fact that a group of XRP enthusiasts rallied around the petition, which is able to force the White House to give an official statement on the recent SEC lawsuit that Ripple conducted an unregistered placement of securities. The name of t...