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Fundstrat: BTC $125K by year end
|Kurt Grela||May 25|
has experienced a tremendous deleveraging, with prices falling over 50%, and on-chain entities taking historically large losses. We analyse: - Magnitude of Losses - Cross Section of Sellers - Market Deleveraging Read more in The Week On-chain👇 glassno.de/3fEyepM
Nobel prize-winning economist Robert Shiller sees "Wild West" mentality in housing, stock and crypto markets (via )
"At least give me credit for saying it is a perfect asset for a speculative bubble," says on . "Just watch the show from the sidelines. It's very entertaining. Nobody has to speculate."
. is part of research to find a way to tag a bitcoin "to prove it came from a sustainable miner ... because that's what institutions want." When that dam opens, the capital inflows will be the reason for to hit $100,000, he says. coindesk.com/video/kevin-ol…
Concerns about a looming global debt crisis have taken the world's top hedge fund manager from doubting bitcoin to dabbling in it. previews 's keynote chat with With correct link this time
It was great speaking with of - bent, not broken - base case is $BTC >$125,000 before YE - QQQ is "chock full" best cos in the world, but capacity for surprise in 2021 limited
TechCheck @CNBCTechCheck"Even though #bitcoin is in the penalty box now, I still think it can exit the year over 100,000," says Tom Lee ( @fundstrat ), Co-Founder & Managing Partner of Fundstrat Global Advisors. He weighed in on the crypto ecosystem after a bumpy week. https://t.co/CvdWwTH2WC
"Even though is in the penalty box now, I still think it can exit the year over 100,000," says Tom Lee ( ), Co-Founder & Managing Partner of Fundstrat Global Advisors. He weighed in on the crypto ecosystem after a bumpy week.
Based on this chart pullbacks only come when the Fed temporarily stops expanding or slightly reduces the balance sheet. New highs follow once the Fed's balance sheet makes new highs. $SPX is in essence a Fed balance sheet tracker.
Coinbase, which has made billions running cryptocurrency markets, is facing competition from a new breed of upstarts that look less like the New York Stock Exchange and more like Napster
HSBC has no plans to launch a cryptocurrency trading desk or offer the digital coins as an investment to customers, because they are too volatile and lack transparency, its CEO told and 🏦🛑 reuters.com/technology/exc…
Ethereum’s co-founder highlights the importance of decentralization in response to Elon Musk’s tweets regarding Dogecoin's scalability. cointelegraph.com/news/vitalik-w…