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Skybridge Founder: Bitcoin Halving Not Priced in — BTC Has ‘a Lot More’ Upside
7.4.2024
Skybridge Capital founder Anthony Scaramucci remains bullish on bitcoin, dismissing the notion that the potential benefits of the upcoming halving are already priced in. He emphasized that bitcoin has significant room for further growth, noting that the crypto could “trade to half of...
Mark Cuban: Bitcoin Demand to Outpace Supply, BTC Is a Great Store of Value
8.3.2024
Billionaire investor Mark Cuban, a minority owner of the National Basketball Association (NBA) team Dallas Mavericks, expects the price of bitcoin to go up due to the supply-demand dynamic. “I do feel that the demand is going to exceed the number of people selling,” he explained...
Galaxy Digital Sees ‘Tremendous Global Demand for Bitcoin’ — CEO Says ‘There’s a New Army of Buyers’
3.3.2024
Galaxy Digital CEO Mike Novogratz sees “a tremendous global demand for bitcoin,” emphasizing: “This is probably the first time in the history of bitcoin that we have true price discovery.” Noting that there is “a new army of buyers” and there is also “an...
World’s Largest Asset Manager Blackrock Sees ‘Very Little’ Demand for Cryptocurrencies
15.7.2021
The world’s largest asset manager with $9.5 trillion under management, Blackrock, sees “very little” demand for cryptocurrencies, including bitcoin, according to CEO Larry Fink. Blackrock’s CEO Talks About Crypto Demand Larry Fink, the CEO of Blackrock, the world’s...
Shark Tank’s Kevin O’Leary Expects Flood of Institutional Money Into Bitcoin When ESG Standards Are Met
26.5.2021
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has predicted that a flood of institutional money will flow into bitcoin once miners have addressed the renewable energy and environmental, social, and governance (ESG) issues. He said the flood will begin when bitcoin meets the ESG standards...
Paypal CEO Says Demand for Cryptocurrencies Is ‘Multiple-Fold’ of Initial Expectations
28.4.2021
The CEO of payments giant Paypal, Dan Schulman, has revealed that the demand for cryptocurrencies has been “multiple-fold” of his company’s initial expectations. Paypal’s Venmo recently began rolling out cryptocurrency features to enable Venmo users to buy, sell and hold...
Demand for Crypto Soars: Bitcoin Funds Break Records, Goldman Sachs Wants In
18.1.2021
Investors are increasingly seeking exposure to bitcoin following the recent months-long price rally. Bitcoin exchange-traded products are seeing record trading volumes. Meanwhile, more big banks are reportedly trying to get into the crypto space, including Goldman Sachs. High Demand for Bitcoin...
‘Unprecedented’ Institutional Demand for Bitcoin: Bitgo’s Custodied Assets Top $16 Billion, No Paypal Deal
26.12.2020
Bitgo’s assets under custody have surpassed $16 billion. The company says it is seeing “unprecedented interest from institutional investors,” resulting from the economic impact of the coronavirus pandemic and the recent bitcoin bull run. Paypal was also rumored to be...
JPMorgan Sees $600 Billion Demand for Bitcoin From Global Institutional Adoption
15.12.2020
JPMorgan’s analysts have predicted significant demand for bitcoin following the $100 million purchase of the cryptocurrency by Massmutual. The analysts believe that other traditional investors, including pension funds, will follow suit, leading to a conservative estimate of $600 billion...
Paypal Bought 70% of All Newly Mined Bitcoin Last Month as Demand Rockets
21.11.2020
Paypal bought up to 70% of all the newly mined bitcoin since the payments giant started offering cryptocurrency services four weeks ago. Now that’s according to estimates by hedge fund manager Pantera Capital, as revealed in its latest monthly blockchain letter. Together with Square’s...