Kevin O'Leary, an American entrepreneur and star of the Shark Tank show, said that cryptocurrencies now account for 10% of his investment portfolio. During an online discussion with users of the r / CryptoCurrency website on the popular Reddit forum, Kevin O'Leary said that he did not plan to increase the share of cryptocurrencies in his portfolio to 10%.
Gary Gensler, Chairman of the US Securities and Exchange Commission, explained why the agency approved the launch of an ETF on BTC futures, rather than a direct exchange-traded fund for cryptocurrencies.
The star of the popular show about business and finance, Shark Tank, believes that Bitcoin's options are limited, so it will give way to smart contract platforms and DAPPs. Until investors need a safe haven. Mark Cuban tweeted that Bitcoin is unrivaled as a store of value.
Former US National Security Agency employee Edward Snowden believes that the prohibitive measures of the Chinese authorities against cryptocurrencies will not interfere with the growth of Bitcoin. The Chinese government has tightened measures against the cryptocurrency industry.
Bloomberg Intelligence analyst Mike McGlone has once again expressed confidence that the Bitcoin rate is preparing to march to $ 100,000. BTC may reach this mark at the end of October. The main reason for such a sharp rise in Bitcoin may be the approval of exchange-traded funds (ETF) for Bitcoin in the United States.
According to US Senator Pat Toomey, the recent tightening of bans on the use of cryptocurrencies for business in China gives the United States a chance to close the gap in this area.
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.
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.
Bloomberg analyst Mike McGlone believes that Bitcoin and Ether 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.
Former US Treasury Secretary Stephen Mnuchin has changed his hostility towards Bitcoin to a more loyal one. However, he himself is not going to invest in cryptocurrencies. The administration of former US President Donald Trump was known for its disdain for cryptocurrencies, and Trump called Bitcoin a "scam."
Cryptocurrency analyst Willie Wu believes the market has not yet become bearish. The speedy recovery of the Bitcoin rate is hinted at by the data of the indicators of the blockchain operation. During the podcast "What Bitcoin Did," Willy Woo emphasized that he sees no signs of a classic bear market.
The founder of the Binance exchange, Changpeng Zhao, said that no amount of regulatory action will be able to destroy Bitcoin and the blockchain. It is much more effective to work out a clear regulation of cryptocurrencies. Changpeng Zhao expressed his opinion at the virtual conference Consensus 2021.
American businessman, billionaire and investor David Rubenstein believes that cryptocurrencies will remain in the financial market for a long time, as will gold. During the Squawk Box program on CNBC, Rubenstein revealed that he himself did not personally buy cryptocurrencies directly.
SkyBridge Capital founder Anthony Scaramucci believes that the popularity of altcoins does not prevent Bitcoin from maintaining its dominance in the cryptocurrency market. At the same time, the Bitcoin dominance index continues to be held at about 40%. According to Anthony Scaramucci, many investors still find it difficult to convince them to pay attention to Bitcoin.
Miami Mayor Francis Suarez believes the widespread adoption of Bitcoin will make it difficult for regulators to impose severe restrictions on cryptocurrency firms and the digital asset industry. Speaking at the Ethereal Summit, Suarez said that it will be difficult for the US authorities to control the activities of firms working with digital assets, even if the necessary changes to the legislation are made.
