Deutsche Bank analyst Marion Laboure expressed the opinion that although cryptocurrencies are overly volatile, Bitcoin will remain for a long time and may well become the "digital gold of the 21st century."
The founder of the People's Party of Canada, Maxime Bernier, said that he supports Bitcoin and does not object to the introduction of cryptocurrencies into the country's economy. Bernier tweeted this week that cryptocurrencies are a new way to counter the actions of central banks that are destroying money and the economy.
The American Time magazine has named Ethereum co-founder Vitalik Buterin as one of the 100 Most Influential People in Innovation of 2021. Along with Buterin, Time's innovators include Nvidia CEO Jensen Huang and Tesla and SpaceX CEO Elon Musk.
Investor Dan Tapiero launched a 10T fund in 2019, which invests in cryptocurrency companies with a capitalization of more than $ 500 million. During this time, the fund has invested more than $ 650 million. Such investments are less profitable than investments at an early stage of the company's development or the purchase of promising tokens.
Rick Rieder, a top manager at the large investment company Blackrock, has suggested that Bitcoin will grow strongly in the near future, despite the recent drop in the cryptocurrency market. Rick Rieder was featured on CNBC's Squawk Box this week.
Former Goldman Sachs executive Raoul Pal said that for him the $ 20,000 ETH price "looks quite reasonable."
Bloomberg analyst Mike McGlone believes that Bitcoin and Ethereum have found strong support in the past months and are in a growth phase. The Bitcoin rate, in his opinion, may well reach $ 100,000.
Despite the consolidation of Bitcoin in recent weeks, Celsius CEO Alex Mashinsky is still confident that the price of BTC will reach $ 140,000 or even $ 160,000 by the end of the year. In an interview with Yahoo Finance, Alex Mashinsky stated that the main purpose of Bitcoin is to store wealth.
Pantera Capital CEO Dan Morehead believes that the launch of the second version of Ethereum will help ETH surpass BTC and become the largest cryptocurrency.