Tim Draper calls the SEC decision preemptory and too far-reaching and says regulation for the sale of coins to investors needs to be light.
Moving beyond the realm of speculation, Draper envisions a future where the crypto asset transcends its current status as a store of value.
Despite the risks of using AI by malicious actors, Tim Draper believes there is no need for governments to take any measures to regulate AI for now.
While all the predictions from influential figures and institutions mentioned in our article provide intriguing insights, it’s always crucial to approach them with caution.
The serial entrepreneur thinks the regulations by enforcement from the US SEC have significantly dragged the Bitcoin market from rallying further.
Bitcoin market watchers had varying price targets for 2022.However, none foresaw any drama that characterized the crypto space.
It isn’t only SCB that is bearish about Bitcoin. Serial investor Mark Mobius stated that he believes Bitcoin would fall to $10,000 in 2023.
For Tim Draper, Bitcoin has a lot of fundamentals that are capable of powering its growth over time.
Bitcoin price remains volatile with the swing in any direction possible but Draper is confident the overall trend will be bullish in the foreseeable future.
Tezos Israel and Draper University are bringing together talented advisors and experts from Silicon Valley to help mentor, guide and scale blockchain focused businesses across the globe.
The growing adoption of Bitcoin by large institutions is also a factor that affects the expansion of the crypto market.
YouTube blocked Cointelegraph’s live stream of the Bitcoin halving event. YouTube is known to do the same with other cryptocurrency-related content providers.
With the halving event just around the corner, analysts predict that BTC will continue its bull run. Bitcoin can reach $10,000 before the event.
Tim Draper wants the U.S. to become a Bitcoin nation with free 5G, no borders for honest workers and Universal Minimum Income set in cryptocurrency. However, he is not going to participate in next elections.
The U.S. markets show a significant drop on Monday morning due to the coronavirus fears and uncertainty. People rush to sell the coins, experts now expect Bitcoin price to go below 9,000.
Verizon Media, that is dedicated to transforming the way people stay informed and entertained, has announced the launch of a new site for generation Z. The site is called Cashay.