On Oct. 31, 2008, Satoshi Nakamoto released a white paper setting out his vision for Bitcoin.
Bitcoin can't help bank the unbanked, claims Mastercard CEO. The enthusiasm surrounding the world's biggest cryptocurrency right now is palpable.
"If stocks crash, Bitcoin powered by its large adoption s-curve, swallowing ever more capital, will present perfectly good safe haven properties."
"Interest is on the rise: More than half of U.S. investors are interested in investing in Bitcoin."
Anthony Pompliano has claimed that Bitcoin "Could not be more uncorrelated" with the stock market - and says the world's biggest cryptocurrency is leaving macro assets behind.
The Morgan Creek Digital co-founder also rejected critics' claims that Bitcoin is a poor store of value, writing: "So how did Bitcoin do during an economic downturn? It outperformed stocks, bonds, gold, oil, and pretty much everything else."
As Cointelegraph reported, a consensus has been building that Bitcoin is not only abandoning its correlation with stocks.
On Oct. 30, the price of Bitcoin abruptly dropped by 4% from the day's peak as sell-offs on Wall Street intensified - fueled by uncertainty about the U.S. presidential election.
Back on track: U.S. macro events unlikely to fully derail Bitcoin price gains.
As the U.S. stock market enters earnings season, analysts explain how Bitcoin could perform after earnings and the presidential election.
14k Breached, UNI Voters Say "No," Trump Gets Hacked:Hodler's Digest, Oct. 26-Nov. 1
pubblicato su Nov 1, 2020
by Cointele | pubblicato su Coinage
Coinage
Menzionato in questo articolo
Notizie recenti
Vedi tutti
First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster
Bitcoin was higher for a second day, staying in a range of between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks.
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.
Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst's Case for $300K BTC.
A Citibank managing director thinks bitcoin could hit $318,000.