Tag Archives: currency

Bitcoin Could Rise To $ 100,000 By End Of Next Year As Demand Quickly Outpaces Supply, Cryptocurrency Investor Says | Currency News | Financial and business news

Dado Ruvic / Reuters / Illustration Bitcoin could rise to $ 100,000 by the end of 2021, according to crypto investor Anthony Pompliano. The co-founder of Morgan Creek Digital told CNBC on Wednesday that the demand for bitcoin is rapidly outstripping supply, while the macroeconomic environment of low interest rates …

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Ripple’s XRP Rises 70% As Bitcoin Craze Sends Investors Into Hosts Of Smaller Cryptocurrencies Currency News | Financial and business news

Thomas Trutschel / Photothek via Getty Images Ripple’s XRP price gained as much as 70% in extremely volatile exchanges on Tuesday, extending Bitcoin’s broader cryptocurrency rally. As institutional investors allocate huge amounts of Bitcoin as a hedge against inflation, other market participants are looking for alternative cryptocurrencies – or altcoins. …

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Largest Crypto Fund Manager In The World Says Bitcoin Is The Next Step In The Evolution Of Money And “I Can’t Use It To Buy Coffee” Is No Longer A Valid Argument | Currency News | Financial and business news

Nicolas Economou / NurPhoto via Getty Images Bitcoin is not a fad that will fade away, said Michael Sonnenshein, chief executive of Grayscale Investments. Investors understand that “buying Bitcoin and putting it in their wallet is a store of value, an inflation hedge, a digital gold, a digital form of …

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