Anthony Scaramucci: Bitcoin Cannot Be Store of Value Until Adoption Exceeds 1 Billion Users
According to Scaramucci, Bitcoin’s level of adoption must increase considerably before it is considered a store of value and inflation hedge.
According to Scaramucci, Bitcoin’s level of adoption must increase considerably before it is considered a store of value and inflation hedge.
Pompliano noted that Bitcoin price has doubled immediately after breaking the prior all-time high in the past bull cycles.
The inflow recorded by spot Bitcoin ETFs nearly surged to $500 million yesterday, as the price of Bitcoin hit a level not seen for 2 years.
Elon Musk said that he will do whatever required to maintain for the free speech on the X platform.
While the aggregated forecasts by crypto Mr. Whale spell a great hope for Bitcoin investors across the board, he himself is less optimistic, noting that the digital currency is closer to 0 than $100,000 earlier in the month.
The fiscal and economic policies being rolled out by the Feds in various nations, particularly the United States can also help in the Bitcoin price retracement moves.
All proceeds from the initiative will be donated to the Human Rights Foundation Bitcoin Fund.
Anthony Pompliano supposed that Facebook CEO may be telling the world that he is a Bitcoin Maximalist through his pet names.
Peter Schiff said he needs to disinherit his son Spenser.
While Bitcoin is experiencing an incredible rally, the US largest bank JPMorgan Chase is warning about risks associated with investing in BTC. In particular, volatility is the biggest issue.