Opinions | ForkLog

ForkLog 9 10.03.2024

Bitwise Attributes Altcoin Surge to ETF Inflows

Bitwise’s Chief Investment Officer, Matt Hougan, attributed the simultaneous rise of Bitcoin and altcoins to the influx of new funds into the crypto industry via ETFs. 2/ IMO the primary driver of alt season is a classic «wealth effect.» Crypto natives make money in bitcoin, feel rich, and then look for more speculative assets to […]

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ForkLog 67 10.03.2024

Billionaire Bill Ackman Foresees Bitcoin Surge and US Economic Downturn

Billionaire investor and CEO of Pershing Square Capital, Bill Ackman, has expressed optimism about the prospects of the leading cryptocurrency and suggested a potential decline of the US dollar amidst rising inflation. A scenario: Bitcoin price rise leads to increased mining and greater energy use, driving up the cost of energy, causing inflation to rise […]

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ForkLog 8 08.03.2024

Gensler Likens Bitcoin to a Roller Coaster

Following the first cryptocurrency reaching a new peak, SEC Chairman SEC Gary Gensler highlighted its high volatility and offered advice to investors. “[Cryptocurrencies] are a highly speculative asset class. Just look at the volatility of Bitcoin in recent days. I grew up loving roller coasters. […] But investors really need to be aware that such […]

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ForkLog 9 08.03.2024

JPMorgan Questions Bitcoin’s Ability to Replace Gold in Investor Portfolios

Bitcoin has outperformed gold in investor portfolios when adjusted for volatility, but in terms of value, this is unrealistic. This conclusion was reached by JPMorgan, reports The Block. Analysts noted that the status quo will persist, despite significant inflows into ETFs based on the first cryptocurrency. According to the specialists, risk is a critical factor. […]

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ForkLog 20 07.03.2024

Robert Kiyosaki Raises Bitcoin Forecast to $300,000

Robert Kiyosaki, author of the bestseller “Rich Dad, Poor Dad” and entrepreneur, has predicted that the leading cryptocurrency will rise to $300,000 this year and offered advice to investors. BITCOIN on fire. The biggest mistake you can make is to procrastinate. Important to start, even if only for $500. Next stop $300,000 per BC in […]

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ForkLog 10 07.03.2024

Michael Saylor: Spot Bitcoin ETFs to Surpass Gold-Based Funds

This summer, Bitcoin ETFs will surpass gold-based funds in asset volume. BlackRock’s IBIT set a new record for daily inflow and trading volume. The combined turnover of the products exceeded that of Microsoft shares. Gold ETFs remain the largest in the exchange-traded commodities category but will soon be overtaken by their counterparts based on the […]

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ForkLog 9 06.03.2024

Bitcoin’s Retreat from New Highs Seen as ‘Healthy Consolidation’ by Experts

Open interest in bitcoin derivatives dropped by $1.42 billion (-12%). The sharp correction triggered new purchases of medium-term futures. Experts do not anticipate a break in the positive trend. The achievement of a new all-time high by digital gold triggered a wave of selling, exacerbated by liquidations in the perpetual contracts market, according to Bloomberg. […]

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ForkLog 38 04.03.2024

Bitcoin Could Reach $10.6 Million by 2045, Expert Predicts

In the next 15 years, Bitcoin could increase 64-fold, reaching $10.63 million. This forecast comes from former physics professor Giovanni Santostasi, based on a power law model. First cut from my 90 min deep dive with @Giovann35084111 This is the chart that you “can’t unsee”. Non-intuitive aspects of the power lawIn the next 15 years […]

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ForkLog 9 04.03.2024

Nvidia CEO Predicts AI Mastery of Exams Within Five Years

In the next five years, artificial intelligence is expected to reach a new level, capable of passing any exam or medical test. This was stated by Nvidia CEO Jensen Huang at an economic forum at Stanford University. Responding to students’ questions, he suggested the emergence of computers that can think and act like humans, such […]

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ForkLog 18 03.03.2024

Bitcoin’s Edge Over Gold: Decentralization and Limited Supply

The premier cryptocurrency surpasses gold due to its limited supply and decentralization, according to Jack Mallers, CEO of the payment app Strike, at the Bitcoin Atlantis conference, reports CCN. He argues that Bitcoin’s finite supply and predictable, unchangeable issuance give it an advantage over other currencies. “With enough demand for gold, we will find more […]

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ForkLog 15 01.03.2024

Bitcoin Evangelist Predicts Turbulent Year Ahead for Crypto Market

Bitcoin evangelist Stepan Gershuni shared his insights on market cycles and short-term prospects for digital asset holders on Facebook. According to the expert, the first stage involves an intuition of an impending bull run. This is indicated by the slow growth of Ethereum and Bitcoin compared to figures from two years ago, the appearance of […]

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ForkLog 13 29.02.2024

Peter Brandt Declares Cryptocurrencies as the ‘Saviour of the System’

Bitcoin is poised to become a significant “store of value” as traditional players enter the cryptocurrency market, according to technical analyst and head of Factor LLC, Peter Brandt. On a personal note, I want to be a good sport. Congratulations to all who are fully engaged in Bitcoin $BTC and other coins and see them […]

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