Now, with the lunch date set for Thursday, July 25, speculation is rife that Sun will invite a selection of dignitaries from the world of cryptocurrency and blockchain to meet Buffett. Among those likely expected at the lunch is OKEx executive.
Contrary to popular belief, retail investors are still playing a major role in directing Bitcoin’s price action, thinks Binance CEO ChangPeng Zhao. He states that this growth is partly due to increased margin trading availability.
With institutions now firmly in on the game, crypto is entering a new era. This is great news for retail investors, as many of funds, derivatives, and other financial instruments are also open to individuals now.
Speaking at the social media summit, US President Donald Trump takes a jibe at Bitcoin and cryptocurrencies in general. Says the US Dollar is the most superior currency and will continue to remain so.
Cadence, an ethereum-powered marketplace for commercial debt, has gone live. Also, they announced the closure of their pre-seed round of venture funding in which Coinbase Ventures was one of the backers.
Grayscale Investments’ Bitcoin Trust generates an appreciation YTD of 296%. This is an elevating growth as compared with established investments displayed in the Global Dow (12.9%) and S&P 500 (18.7%) over an equal time frame.
The Fortress Investment Group is offering $900 per Bitcoin token to the Mt Gox creditors to take over the claims of their BTC holdings.
Recently on the CNBC Fast Money show, Mark Yusko, the CEO of Morgan Creek Capital Management, claimed that Bitcoin price is likely to be on the next parabolic move and is heading to $30,000.
Anthony “Pomp” Pompliano is 75% confident that by the end of 2021 Bitcoin will be traded at $100,000 price level. Nevertheless, according to him, this way will be full of ups and downs.
Despite sharp Bitcoin price swings, it has been profitable as an investment 98.2% of the days since its creation. If you want to become a member of crypto community and earn some money – analysts say it’s time to buy.
Experts say that Facebook’s Libra will probably not reach the billions they claim, and it won’t affect the financial world and stability in general. However, while everyone is talking about Libra, banks are developing their own digital currencies.
The financial whales are slowly diving into the crypto sector with the world’s 317th richest person, Henry Kravis, also trying his luck by joining the rapidly growing industry.
Two persons cited on the Bitcoin white paper – Blockstream CEO Adam Back and Yugen Partners Chief Scientist Scott Stornetta, share their thoughts on the future of Bitcoin and cryptocurrency technology in the whole.
Justin Sun donated $4.57 million via an auction for the Charity Lunch with Warren Buffett organized by Glide Foundation. Many are seeing Sun’s moves as an effort to bridge the distance between crypto space and skeptical Buffett.
Mark Zuckerberg commented on the newly-launched Facebook’s Libra crypto. He says that Libra Association is an independent organization and Facebook only has one vote in it. That way he emphasizes the trustworthiness of Libra.