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Scott Minerd confirms Bitcoin growth forecast to $ 400,000

Scott-Minerd-confirms-Bitcoin-growth-forecast Scott Minerd | Guggenheim Partners' chief investment officer

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.

Bill Miller: "The higher the price of Bitcoin, the lower the risk"

Bill-Miller-the-higher-the-price-of-Bitcoin Bill Miller | Major American investor

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."

ETHER EXCEEDED $1,000 FOR THE FIRST TIME SINCE 2018

ETH exceeded $1,000 for the first time since 2018

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...

THE XRP PETITION CALLS ON THE SEC TO "DROP THE LAWSUIT"

The XRP petition calls on the SEC 10,000 signatures already collected

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...

Mayor of Miami: Bitcoin proved to be a stable investment in an unstable year

Francis-Suarez-Bitcoin-proved-to-be-a-stable Francis Suarez | Mayor of Miami

  The Mayor of the American city of Miami, Francis Suarez, said that Bitcoin became one of the most stable investments in an unstable 2020. 

Founder of Nexus Mutual lost $ 8.4 million after the Wallet Hack

Founder-of-Nexus-Mutual-lost--8-4-million Hugh Karp | Founder of Nexus Mutual

Hugh Karp, founder of the DeFi platform Nexus Mutual, revealed details about a recent hack in his wallet, which resulted in the loss of 370,000 NXM worth $ 8.4 million.

Scott Minerd: Bitcoin should be worth $400,000

Scott-Minerd-Bitcoin-should-be-worth-400k Scott Minerd | Investment director of Guggenheim Partners

According to Scott Minerd, investment director of Guggenheim Partners, fundamental analysis carried out by the firm's specialists speaks of the fair price of Bitcoin at $400,000.


Raoul Pal: I sold all the gold to invest in BTC and ETH

Raoul Pal - I sold all the gold to invest in BTC and ETH Raoul Pal - founder of Real Vision

Global Macro Investor CEO Raoul Pal has placed an order to sell all of his gold to invest in BTC and ETH.

Stanley Druckenmiller: investing in Bitcoin is better than investing in gold

Stanley-Druckenmiller-investing-in-Bitcoin Stanley Druckenmiller | American billionaire

American billionaire and former hedge fund manager Stanley Druckenmiller believes that investing in Bitcoin will be more profitable than investing in gold.

During his speech on CNBC, Druckenmiller noted the stabilization of the cryptocurrency market and the noticeably reduced volatility of the first cryptocurrency. Now, according to Druckenmiller, investing in Bitcoin is not that much different from investing in gold. 

MicroStrategy CEO: Bitcoin … million times better than gold

MicroStrategy-CEO-Bitcoin-million-times-better-than-gold Michael Saylor | MicroStrategy CEO

MicroStrategy CEO Michael Saylor said his company will not sell BTC for 100 years as Bitcoin is the best way to store value.

In mid-August, MicroStrategy announced the purchase of 21,454 BTC for $ 250 million, becoming the first US public company to invest a significant portion of its reserves in this digital asset. In an interview with Real Vision CEO Raoul Pal, Sailor said the decision to invest the large sum in Bitcoin was made in conjunction with the firm's board of directors, investors, auditor and executives. Sailor clarified that he does not view Bitcoin as a market speculation or hedging tool. The company deliberately acquired this cryptocurrency to gradually introduce Bitcoin into the financial system.

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