On Oct. 31, 2008, Satoshi Nakamoto released a white paper setting out his vision for Bitcoin.
Bitcoin can't help bank the unbanked, claims Mastercard CEO. The enthusiasm surrounding the world's biggest cryptocurrency right now is palpable.
"If stocks crash, Bitcoin powered by its large adoption s-curve, swallowing ever more capital, will present perfectly good safe haven properties."
"Interest is on the rise: More than half of U.S. investors are interested in investing in Bitcoin."
Anthony Pompliano has claimed that Bitcoin "Could not be more uncorrelated" with the stock market - and says the world's biggest cryptocurrency is leaving macro assets behind.
The Morgan Creek Digital co-founder also rejected critics' claims that Bitcoin is a poor store of value, writing: "So how did Bitcoin do during an economic downturn? It outperformed stocks, bonds, gold, oil, and pretty much everything else."
As Cointelegraph reported, a consensus has been building that Bitcoin is not only abandoning its correlation with stocks.
On Oct. 30, the price of Bitcoin abruptly dropped by 4% from the day's peak as sell-offs on Wall Street intensified - fueled by uncertainty about the U.S. presidential election.
Back on track: U.S. macro events unlikely to fully derail Bitcoin price gains.
As the U.S. stock market enters earnings season, analysts explain how Bitcoin could perform after earnings and the presidential election.
14k Breached, UNI Voters Say "No," Trump Gets Hacked:Hodler's Digest, Oct. 26-Nov. 1
에 게시 됨 Nov 1, 2020
by Cointele | 에 게시 됨 Coinage
Coinage
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