After Bitcoin Halving BTC Will Be More Scarce than Gold for First Time Ever, Brian Kelly Says
The rise in Bitcoin price and the reduction in production quantity may offer Bitcoin some bullishness but also make it scarcer than gold.
O’Reilly Media, Inc. has released a new book named ‘Blockchain: Blueprint for a New Economy’, that considers theoretical, philosophical, and societal impact of digital currencies and blockchain technologies.
The rise in Bitcoin price and the reduction in production quantity may offer Bitcoin some bullishness but also make it scarcer than gold.
Facebook’s release of Libra white-paper raised a lot of awareness in the cryptocurrency and traditional banking communities. Many experts compare Facebook’s Libra to Bitcoin and other cryptos. The main question is, how Libra could affect Bitcoin price?
The third Bitcoin halving is expected to take place in May 2020 with most people in the community confident that the price of BTC will soar from now until the event takes place.
Bitcoin investors remain undeterred with the latest news of China’s mining ban as Bitcoin price continues to confidently surge northwards.
For the second consecutive day, Bitcoin price and the overall crypto market continues to march ahead with massive trading volumes.
Brian Kelly says that the market is still not ready for Bitcoin ETFs and that he doesn’t see that coming until the end of 2018.
Kelly says that the regulated and licensed Bakkt platform will provide an easy entry point for the arrival of institutional products like Bitcoin ETF.
Kelly believes that the current developments in the cryptocurrency market might give a short-term pain but will prove to be fruitful in the long-run.
The well-known cryptocurrency investor strikes an upbeat tune about Bitcoin Cash (BCH) despite its steady decline in price in the wake of recent hard fork that he called an upgrade.
Investment manager Brian Kelly is launching a new blockchain exchange-traded-fund (ETF) together with REX Shares.