Former BitMEX CEO Arthur Hayes restated his $1 million Bitcoin (BTC) price forecast recently. According to Hayes, the dominant digital currency will soon reach a price of $1 million.
Hayes is optimistic about Bitcoin, but he advised his more than 270,000 Twitter followers to be patient since “these things take time.” According to previous reports, Hayes provided a schedule of around eight years for this to occur. Therefore, he anticipates a…
Tim Draper is an entrepreneur, venture capital investor, and spokesperson for all things related to bitcoin, blockchain, and decentralized finance. He is the founder of Draper Associates, Draper Fischer Jervidson, and the Draper Venture Network, and is recognized as one of the most prominent technology investors of the past 30 years. Some of the companies in which Tim Draper has invested include Hotmail, Skype, Tesla, Coinbase, Robin Hood, Spac…
Inflows into Bitcoin (BTC) funds continued for the second week in a row, outpacing the performance of other digital asset funds.
More than $506 million has been invested in bitcoin-focused mutual funds since the beginning of the year, according to the latest data from digital asset fund provider CoinShares. New money invested in bitcoin funds countered the losses of non-bitcoin or alternative cryptocurrency funds by around $100 million (altc…
Brad Garlingouse, the CEO of blockchain company Ripple, believes that thousands of cryptocurrencies will collapse.
Garlingouse said that there are currently over 19,000 cryptocurrencies in existence, but only a handful will survive. He predicts that those few survivors will be the ones that are able to solve real-world problems and provide value to consumers.
Garlinghouse made the comments during an interview with CNBC at the recently con…
Christine Lagarde, president of the European Central Bank (ECB), has stated that crypto-assets should be regulated and are worthless but has admitted that her son is a crypto-investor.
Speaking at an event, Lagarde said: “I am not a big fan of Bitcoin and other cryptocurrencies. I believe in the potential of blockchain technology and its ability to support financial inclusion and expand access to financial services for many people who do not…
