Market Pundit gir grunner til at Bitcoin sannsynligvis vil treffe $ 175 000 innen utgangen av året

Bitcoin har vært det viktigste fokuspunktet i ulike globale finansielle kretser, med kryptomarkedet som har gjennomgått en seriøs oppadgående skifte de siste månedene.

Prisen på den digitale eiendelen har steget og nådde en heltidshøyde på over $ 60 000 for bare noen få dager siden. Nå krypterer analytikere og investorer for å forstå toppmyntenes fremtidige bevegelse.

Ifølge et skudd fra Diginex, vil Bitcoin sannsynligvis nå toppene på rundt $ 175 000 innen utgangen av året. Dette argumentet ble fremført av firmaets administrerende direktør, Richard Byworth i et intervju med Bloomberg. Diginex, som er basert i Singapore, er et selskap for digitale eiendeler.

Institusjonell adopsjon

Etter konsernsjefens egen mening er en av hovedfaktorene som for tiden driver BTCs pris den økende oppmerksomheten fra institusjonelle investorer.

For noen år siden ville de fleste selskaper ikke risikere å sette pengene sine på kryptoer som Bitcoin. I dag forplikter selskaper som MicroStrategy, Square og Tesla milliarder av dollar til kryptoinvesteringer.

Bitcoin som en hekk

Bitcoin ser også ut til å utfordre gull som en god sikring for bevaring av formue, spesielt i lys av regjeringens fortsatte nedverdigende valuta.

Som sådan øker Bitcoins etterspørsel hver dag, og dermed prisen. Noen analytikere har faktisk anslått at Bitcoin i løpet av de neste årene vil ha tatt en stor del av Golds totale markedsverdi, noe som vil påvirke prisen ytterligere. Bitcoin er allerede et billion dollar marked.

Feds kan stoppe det, men de vil ikke

Videre mente Byworth at det eneste organet som for øyeblikket er i stand til å stoppe Bitcoins uunngåelige langsiktige suksess, er den føderale regjeringen, men det vil bety å risikere et katastrofalt økonomisk fall som et resultat.

Han er trygg på at Fed ikke ville risikere så mye skade for å stoppe BTC.

Bitcoin raggiunge $ 51K mentre il rialzo a breve termine si rafforza a causa dell’indebolimento del dollaro

Bitcoin sale sopra i $ 51.000 mentre il dollaro ristagna, mostrando segni di un massimo a breve termine.

L’indice del dollaro USA (DXY) mostra segni di un massimo a breve termine poiché il prezzo di Bitcoin ( BTC ) mostra segnali di un rally a breve termine.

C’è una narrativa secondo cui il prezzo del Bitcoin spesso coincide con un calo del valore del dollaro.

Poiché le riserve di valore, come l’oro e il Bitcoin, hanno un prezzo rispetto al dollaro, in teoria, una tendenza al ribasso nel DXY avrebbe probabilmente un impatto positivo sul prezzo di BTC.

Bitcoin riprende di nuovo $ 50.000

Quando il dollaro ha iniziato a consolidarsi, il 3 marzo Bitcoin ha superato i $ 50.000, mettendolo sulla buona strada per testare nuovamente il livello di resistenza di $ 51.600.

Sopra $ 51.600, c’è poca resistenza fino a $ 56.000. Pertanto, superare questo livello è fondamentale per garantire uno slancio al rialzo a breve termine.

Bitcoin Jack , un trader semi-pseudonimo, che ha previsto il minimo di $ 3.600 a marzo 2020, ha dichiarato:

„Considerando che è molto probabile che un pacchetto di stimoli da $ 1,9T sia approvato entro le prossime 2 settimane, la mia ipotesi migliore è che il dollaro stia raggiungendo il massimo qui. Potrebbe essere sbagliato, ma anche la struttura sembra molto simile al consolidamento precedente“.

Se Bitcoin continua a salire mentre il dollaro ristagna, potrebbe consentire a BTC di beneficiare simultaneamente di due fattori macro.

In primo luogo, il declino del dollaro avvantaggia naturalmente Bitcoin. In secondo luogo, l’imminente stimolo statunitense da $ 1,9 trilioni di dollari potrebbe servire da catalizzatore per un più ampio rally di BTC diluendo il valore del dollaro.

Il bitcoin è probabilmente crollato nell’ultima settimana a causa del clima macro traballante, poiché il dollaro ha iniziato a salire ei rendimenti delle obbligazioni sono saliti ai massimi annuali .

Se le condizioni macroeconomiche fossero il principale catalizzatore della flessione di Bitcoin, ora che i rendimenti obbligazionari si stanno allentando, potrebbe aumentare lo slancio di BTC nelle prossime settimane.

$ 42,9K erano il fondo locale?

Secondo John Cho, il direttore dell’espansione globale di Ground X, $ 42.900 è stato molto probabilmente il minimo locale per Bitcoin nel prossimo futuro.

Cho aveva previsto in precedenza una flessione di Bitcoin a breve termine, prevedendo un calo da circa $ 40.000 a $ 41.000. BTC non è sceso così in basso, ma è sceso a meno di $ 43.000, quasi completando un calo del 30% dal suo massimo locale. Cho ha detto :

„Ad oggi, 42.9k sembra essere stato il minimo (locale). In ogni caso, sono contento che i rialzisti abbiano ripreso il controllo“.

Goldman Sachs jatkaa kaupankäyntiään Bitcoin-futuureilla maaliskuun puolivälissä

Goldman Sachs on siirtymässä takaisin Bitcoin-kauppaan saatuaan kylmät jalat vuonna 2018.

  • Vielä eräässä nousevassa merkissä Bitcoinille Goldman Sachs avaa uudelleen salauskauppapöydän.
  • Yritys ei sanonut, myyvätkö työpöytä myös Ethereumia.

Goldman Sachs on elvyttänyt suunnitelmat avata kaupankäyntipiste kryptovaluuttaan ja aloittaa kaupankäynnin Bitcoin-futuurisopimuksilla maaliskuun puoliväliin mennessä, pankkijätin lähellä oleva henkilö kertoi Decryptille maanantaina.

Reutersin ensimmäisen kerran ilmoittama päätös on merkittävä, koska se heijastaa sitä, kuinka Wall Streetin suurimmat nimet tulevat katsomaan kryptovaluutta Bitcoin Trader osana päivittäistä toimintaansa. Se on myös merkittävä, koska Goldman Sachs ilmoitti suunnitelmistaan ​​kryptokauppapöydälle vuonna 2018, mutta sitten hylkäsi idean hiljaa Bitcoinin keskellä

  • hinnan lasku myöhemmin samana vuonna.
  • Lataa Decrypt-sovellus.
  • Hanki sovelluksemme uusimmat uutiset ja ominaisuudet ulottuvillesi. Kokeile ensin Salauksen purku ja paljon muuta.

Futuurisopimukset, jotka velvoittavat ostajat ostamaan omaisuuserän tietyllä hinnalla myöhemmin, lisäävät likviditeettiä tietyillä markkinoilla, ja niitä käytetään sekä keinotteluun että hintojen vaihteluilta suojautumiseen.

Goldman Sachs ei ole ensimmäinen, joka tarjoaa Bitcoin-futuurisopimuksia – muut rahoitusjätit, kuten CME Group Inc, Intercontinental Exchange Inc ja Fidelity, ovat käyneet kauppaa niillä jonkin aikaa – mutta yrityksen päätös todennäköisesti herättää edelleen kiinnostusta salausmarkkinoilla, ja se tulee nousevana merkkinä Bitcoinille.

  • BTC
  • -0,93% 48676,48 dollaria
  • 24H7D1M1YMAX
  • BTC-hinta

Pankki ei kommentoinut heti, tarjoaako sen Yhdysvaltain pankin Global Markets -divisioonaan kuuluva kaupankäyntipiste sopimuksia muille kryptovaluutoille, kuten Ethereumille

tai käydä tiukasti Bitcoinissa.

Goldman Sachsin hyökkäys Bitcoiniin tulee, kun alkuperäinen kryptovaluutta näyttää ravistavan lyhyen laskun viime viikolla. Bitcoinin hinta laski lähes 25% kaikkien aikojen korkeimmasta noin 58 000 dollarin arvosta noin 43 500 dollariin. Keskipäivän maanantaina Bitcoin oli kaupankäynnissä lähellä 49 000 dollaria.

Äskettäistä rallia on lisännyt suurten yritysten, mukaan lukien Tesla, päätös lisätä Bitcoin yritystoimintaansa ja nouseva ilmapiiri Coinbasen ympärillä, josta on tulossa ensimmäinen merkittävä kryptovaluuttayhtiö, joka tulee julkiseksi lähiviikkoina.

Registration in crypto-friendly US state of Wyoming

Ripple: Registration in crypto-friendly US state of Wyoming

„More and more crypto companies are realising that Wyoming is a better place to be based than Delaware because of our crypto-friendly laws,“ said Caitlin Long.

Blockchain payments company Ripple Labs has now registered a business in the US state of Wyoming.

According to Wyoming Secretary of the Interior records, Ripple Markets WY LLC has been „active“ as a local Crypto Bank business since February 2020. The Wyoming LLC is the registered agent for Ripple and will be based in Cheyenne.

„More and more crypto companies are realising that Wyoming is a better place to be based than Delaware because of our crypto-friendly laws,“ Caitlin Long said on Twitter.

Long is the CEO of digital bank Avanti Bank & Trust and serves on the Blockchain, Financial Technology and Digital Innovation Committee. She said crypto companies like Ripple should consider moving their headquarters to Wyoming. This is because the state does not impose corporate or franchise taxes and cryptocurrencies are exempt from property and sales taxes, she said.

It is also home to US Senator Cynthia Lummis

The Wyoming lawmaker is one of the first to say that digital assets would play a big role in her legislative agenda. In response to the news of Ripple, people close to Lummis said many people were „maximalist“ about Wyoming.

It doesn’t look like Ripple will be moving its headquarters to the crypto-friendly state, as its headquarters is still officially San Francisco. However, Ripple co-founder Chris Larsen and CEO Brad Garlinghouse have said they are unhappy with the lack of regulatory clarity regarding crypto and blockchain in the United States.

Wyoming is emerging as one of the most attractive US states for crypto and blockchain companies. Last year, Wyoming granted a licence to crypto exchange Kraken, allowing it to operate as a crypto-friendly bank. Avanti also received approval to receive and hold crypto. In the wake of Tesla’s $1.5 billion investment in Bitcoin (BTC) earlier this month, Senator Lummis invited CEO Elon Musk to move its headquarters to the US state.

Microsoft President: No Bitcoin investment planned in the short term

Microsoft President Brad Smith has not entirely ruled out that the company will invest in Bitcoin at some point.

Microsoft, the second largest company in the United States, does not appear to have any plans to invest in Bitcoin ( BTC ) in the short term , according to company president Brad Smith.

In an interview with CNN’s Julia Chatterley on February 16, Smith hinted that Microsoft might change its mind about investing in Bitcoin

When asked if Microsoft was talking about cryptocurrency diversification plans after Tesla’s $ 1.5 billion investment in Bitcoin , the Microsoft president said he was unaware of such discussions:

„I haven’t seen any new conversations about Bitcoin. But I’m just saying that if we change our investment policy on Bitcoin, you will be the first, or at least the second, to find out.“

Bitcoin’s market cap is in the process of overtaking the market caps of some of the largest American companies. As previously reported, Bitcoin market cap overtook Tesla’s (around $ 808 billion) shortly after the company announced its massive Bitcoin investment.

After Bitcoin’s historic spike to over $ 51,000 on February 17, 2021, Bitcoin’s market capitalization at press time is $ 948 billion

Bitcoin would have to double its market capitalization to match Microsoft’s market capitalization. At press time, this is $ 1.8 billion .

On February 12, JPMorgan Co-President Chase Daniel Pinto claimed that the company would have to get into Bitcoin at some point due to rising demand . JPMorgan strategists had previously argued that Tesla’s BTC purchase would not necessarily find many imitators due to Bitcoin’s high volatility .

Dieser Professor ist Tokenizing Liebe

Dieser Professor ist Tokenizing Liebe. Ist er verrückt?

Olinga Taeeds „Gott-Metrik“ wird von Regierungen weltweit genutzt, um die Stimmung zu messen. Jetzt will er auch die Liebe messen.

  • Olinga Taeed ist überzeugt, dass nicht-finanzielle Werte die Währung der Zukunft sind.
  • Er hat eine Metrik entwickelt, um Stimmungen zu messen.
  • Sie wurde vom Vatikan veröffentlicht und weltweit für Beschaffungsentscheidungen genutzt.
  • Jetzt startet er die Seratio-Bank, die neben traditionellen Vermögenswerten auch Einlagen in Form von Glück, Hoffnung und Liebe akzeptieren wird.

Dubais jährlicher Future Blockchain Summit mit Bitcoin Rush ist eine große Sache; Scheichs mischen sich mit Prominenten, Unternehmern und Regierungsministern; das Buffet ist zum Sterben schön, und auch auf der Hauptbühne gibt es erlesene Häppchen.

Eric Wall, Chief Investment Officer beim Krypto-Hedgefonds Arcane Assets, twitterte einen farbenfrohen Bericht über die Veranstaltung im vergangenen Dezember, die trotz der Pandemie stattfand.

„Podiumsteilnehmer sagt, dass Blockchain in der psychischen Gesundheitspflege groß sein wird. Jetzt fängt an, darüber zu reden, wie sie erfolgreich Liebe tokenisiert haben. Am I tripping,“ tweetete Wall.

Future Blockchain Summit

Der ehemalige US-Präsidentschaftskandidat Brock Pierce auf der Bühne des Future Blockchain Summit, 2018. Bild: Adriana Hamacher

Erstaunt darüber, wie jemand Liebe überhaupt quantifizieren könnte – geschweige denn, damit auf einer Blockchain zu handeln

-hat Decrypt den Podiumsteilnehmer ausfindig gemacht: Olinga Taeed, Gastprofessor für Blockchain an der britischen Universität Birmingham.

Taeeds Geschichte reichte von einer „Gottesmetrik“, die von Regierungen weltweit zur Messung von Emotionen verwendet wird, bis hin zu einer Bank, in der Liebe, Hoffnung und Glück neben Fiat, Rohstoffen und anderen finanziellen Vermögenswerten hinterlegt werden können. Wie um alles in der Welt funktioniert das also?
Ein Wort zur Quantifizierung von Liebe

Unzählige Studien haben im Laufe der Jahre versucht, Emotionen zu messen – darunter auch eine, die von Ihrem Korrespondenten durchgeführt wurde.

Die wissenschaftliche Gemeinschaft erkennt die Liebe nicht einmal als „Emotion“ an, sondern nennt sie stattdessen einen „Trieb“, wie Sex und Bindung. Taeed bezeichnet sie als „Gefühl“, wie Glück, aber solche Gefühle sind vielschichtig, schwer messbar, veränderlich und subjektiv – und das sind nur einige der Barrieren, die eine robuste Klassifizierung schwierig machen.

NFT DROP | EulerBeats Genesis LP

Wir droppen extrem seltene generative Kunst + Musik NFTs. Wir bieten volle kommerzielle Rechte und Tantiemen auf die Originale und sofortige Liquidität durch eine Bindungskurve für Drucke. Melden Sie sich an, um benachrichtigt zu werden, wenn wir live gehen!

Mit den rasanten Fortschritten im Bereich der natürlichen Sprachverarbeitung – die Textdaten analysiert, um festzustellen, ob ein bestimmter Text positiv, negativ oder neutral ist – sind die kommerziellen Fortschritte erstaunlich.

Die Analyse von Gefühlen hat sich zu einem der am schnellsten wachsenden Forschungsgebiete in der Informatik entwickelt.

Sie wird mittlerweile von jedem, von Amazon bis Facebook, eingesetzt, um Daten für das Marketing zu monetarisieren (und angeblich auch für ruchlosere Zwecke, wie im Fall der britischen Politikberatungsfirma Cambridge Analytica).

Bitcoin in the starting blocks: why this crypto bull run is completely different

Is there any doubt that we are in the early stages of a crypto bull run ? Pick a metric, any metric, and the odds are good it will suggest it.

For example, the total value of the capital locked in DeFi has never been higher.

Likewise, the total crypto market cap is hovering in and around its all-time high of $ 1.1 trillion

Despite numerous crypto newbies popping up on social media, the reality is: retail investors are not here yet. At least not as much as three years ago, during the last bull run.

A look at Google Trends confirms this. The search queries for the keyword “cryptocurrencies” are expected to reach 56 by the end of January 2021. Although this is a bullish sign, it is still far from the values ​​in January 2018.

Keyword “Crypto” on Google Trends, source: trends.google.com

Back then, the ICO craze and the Bitcoin Rush app of private investors, who were often out for a quick buck, drove the market up.

But this time around, it’s institutional investors who are the driving force behind this bull run.

Earlier this year, PwC’s Global Crypto Leader Henri Arslanian said:

“If you look at this bitcoin rally that we’ve seen over the past few weeks and months, there are really two big elements that are driving it. One is the continuous entry of institutional players. But there are also a lot of regulated players. That wasn’t the case a few years ago. “

Why the institutional interest?

The outbreak of the pandemic turned everything we believed we knew on its head.

Broken supply lines, mass unemployment and fiscal incentives highlighted the fragility of the global economic order.

As difficult and stressful as it is to go through this, the only silver lining is a flight into anti-inflationary assets, particularly Bitcoin. It has benefited from the increasing demand for it as more and more people buy Bitcoin.

The realization that you are sitting on dry land with cash has called the institutional investors on the scene.

MicroStrategy got the ball rolling as the first publicly traded company to hold Bitcoin as part of its treasury strategy. Once one institution “joined the party”, others followed suit.

This is expected to gain momentum through 2021.

Aside from the price spike aspect, it’s unclear how that will affect the cryptocurrency industry.

However, the fact that big names like Square, PayPal, and even JP Morgan are on board adds a touch of legitimacy to it all. And that’s one thing that was missing during the last bull run.

Turn in the world of soccer: David Barral is the first footballer to be paid in Bitcoin. This was announced by his new team, DUX Internacional de Madrid.

David Barral nuevo jugador de DUX Internacional de Madrid ¡Bienvenido al club infinito!

Se convierte en el primer fichaje de la historia en criptomonedas. Gracias a @CRIPTAN_es nuestro nuevo sponsor por hacerlo posible.

David Barral is the first footballer to be paid in Bitcoin Revolution but he is not the only sportsman to have chosen them as a method of payment. Only a few weeks ago the similar turning point had arrived in the US NFL, with Russell Okung. Enabling the Bitcoin payment method in this case is Strike.

– DUX Internacional de Madrid (@interdemadrid) January 15, 2021

As you can read in the tweet the mode of payment will be in cryptocurrency thanks to the partnership with Criptan.

Criptan is a Spanish platform that allows the purchase of cryptocurrency via bank account or credit card. It also has its own Visa circuit credit card that allows users to spend cryptocurrencies both in physical stores and online.

David Barral in a tweet commented:

„I am happy to join DUX Internacional del Madrid, with the ambition and responsibility to continue to compete and achieve important challenges in my sports career.“

While Criptan congratulated the player and the team, welcoming them to the world of cryptocurrency.
Who is David Barral, the first footballer paid in Bitcoin

David Barral is a Spanish striker, born in 1983. He will now play for Inter Madrid, in the Spanish third division, but boasts a past with the most important teams in Spain, including Levante and Granada.

After the recent experience in Japan in the ranks of Tokushima, he returned to Spain first in Racing Santander and now in Inter Madrid.

Sport marries Bitcoin

Unlike David Barral, Russell Okung was already asking to be paid in Bitcoin since 2019. While to tell the truth, looking at Barral’s Twitter profile does not emerge anything that would suggest his involvement in Bitcoin.

The fact remains that even soccer seems to be increasingly involved in the world of cryptocurrencies. Only yesterday AC Milan announced its partnership with Chiliz and the issuance of its fan token. Before Milan, the other Italian team Juventus had launched the JUV token for more fan involvement.

Then there is to mention the experience of fantasy soccer si blockchain enabled by Sorare. Numerous are the teams that have joined, whose players have become collectible and exchangeable NFTs. A few examples, among the most recent:

  • River Plate;
  • Real Madrid;
  • Inter Milan;
  • Bayern Munich;
  • Zenit Saint Petersburg;
  • Paris Saint Germain.

Among other things, one of Sorare’s advisors is Barcelona footballer Gerard Piqué.

Ultimately, it seems that cryptocurrencies and blockchain are destined to make an increasing contribution to the world of sports.

Bitcoin price reaches $40,400, what is going on in the market?

The bitcoin (BTC) price shot up to over $40,000 earlier tonight. That’s double the old record of 17 December 2017 and also double the December 2020 price, exactly three years later.

In less than 22 days, the value of bitcoin has doubled. Three weeks ago the price really went through the ’20k‘ for the first time, now the price is around $40,000.

Just after the price set this new record, it did fall sharply. In the meantime part of this decline has already been bought back, as can be seen in the (daily) chart below.

Bitcoin price

As a result of the rebound, the price changed today by $5,000 in one day. How should you look at this rise?

Is it too late to buy, or should you sell? Of course it all remains glass-to-bulb looking and speculation, but there are some things to be said about this situation.

Sui Chung is the CEO of CF Benchmarks, a company that supplies indices for the CME says the following to Cointelegraph:

„No one can deny that we are seeing a new asset class in the making. This is the moment when every company and individual is seriously considering how to deal with cryptocurrency“.

Bitcoin is a monetary revolutionary system. If you’re hesitating to buy over sell, keep in mind that the crypto currency was conceived for the ultra-long term. Market cycles last for years and digital scarcity is still in its infancy.

Big profits in the short term are certainly possible, but Bitcoin was conceived as a means to save (to hodge) and not to trade.

On-chain analyst Willy Woo adds another analysis. The recurring story is that institutional parties are buying. But according to them, it’s the smaller parties like family offices that are buying.

Sentiment changes fast

Barry Silbert of Grayscale clearly shows how hard the sentiment turns. Where the community had been looking forward to the old record of $20,000 for three years, this price now feels like the time to ‚buy the dip‘.

As far as the price is concerned, Bitcoin is now in ’never before entered territory‘. This is also called price discovery. Mati Greenspan of Quantum Economics writes the following about this:

„Graphs only tell us the past. We are now in a brand-new territory. This bull run started at $10,000 and typically a 10x increase from the previous all-time high seems to be the norm for a bitcoin bull cycle.

So we are only halfway there with extremely good momentum, high volumes and exceptionally strong fundamentals“.

Fundamental value

What does Greenspan mean when he talks about fundamental value? The answer once again lies with digital scarcity.

Where the maximum amount of bitcoin in the protocol is 21 million, and the inflation number halved in May 2020, the opposite is happening in the world around us.

Credits are being issued at a pace never before seen. For example, the balance sheet of the U.S. Central Bank increased by more than 22% this year.

The smart money is looking for opportunities to keep their assets for the long term; a hedge. The digital gold seems to be a hot item for this.

Large investors, insurers and asset managers such as Guggenheim, MassMutual and Stone Ridge stepped in with millions at a time. However, these same fundamentals are now permeating retail investors: bitcoin is not for criminals, it is a modern way of saving.

Attention blown

On the other hand, it looks a lot like a bubble. David Lifchitz, CIO of asset manager ExoAlpha, therefore gives a warning: „Bitcoin rises too fast and evokes memories of the dotcom tree“. But on the other hand: the Internet is now an integral part of society.

Finally, a warning: the market is currently very volatile. Earlier this week, the price plummeted by 20%, a drop that was reversed within a few hours. As now around $40,000, the price dropped immediately by almost $4,000.

After calling Bitcoin „rat poison“, Warren Buffet’s bank can be overtaken by cryptomeda

With its most recent high, Bitcoin achieved market capitalization of US$ 522 billion. This places digital currency as the 11th most valuable asset by market capitalization, surpassing Visa and even the famous JPMorgan Chase bank.

With Bitcoin still appreciating and seeking new levels Financial Peak of support without any apparent resistance, the price of the currency has been attracting investors‘ attention. Moreover, digital currency is giving a „taste of revenge“ to many supporters of cryptomime, especially „against“ those who doubted the digital asset. One of the Bitcoin detractors who now has to swallow his skepticism is legendary investor Warren Buffet.

Buffet is one of the world’s most respected investors, with a legion of followers and successful apprentices. But he has always been against Bitcoin and other cryptomites. In 2018, shortly after the tragic drop of 80% after a record price, Buffet said Bitcoin was Mouse Poison.

In 2018 Buffet said in an interview with CNBC:

„It’s probably rat poison (…) In terms of cryptomorphs in general, I can say with almost 100% certainty that they will have a bad ending. If I could buy 5 years of investments in all the cryptomoks I would, but they wouldn’t be worth a penny“.

But then, what has changed since 2018? Well, the answers are quite simple: Bitcoin has recovered from one of its biggest falls, surpassed records in 2017 and continues to appreciate. Now, the currency may exceed the market capitalisation of Berkshire Hathaway, the bank led by Warren Buffet.

Bitcoin about to be worth more than Warren Buffet’s bank
With its most recent high, Bitcoin achieved market capitalization of US$ 522 billion. This places Bitcoin as the 11th most valuable asset by market capitalization, surpassing Visa and even the famous JPMorgan Chase bank.

Just above Bitcoin and in 10th place is Berkshire Hathaway, the bank headed by Warren Buffet, with a $538 billion capitalisation. If Bitcoin reaches the $30,000 mark, it will have more than $550 billion in capitalization and will have surpassed the value of one of the most traditional companies in the financial market.

Consequently, this would also make Warren Buffet’s bank worth less than „rat poison,“ as he himself put it in the past.

Although we are experiencing a new record every day, Bitcoin shows no signs that it will fall. As shown by the most famous Stock-To-Flow (S2F) model, which put the current price above the expected price.

„Bitcoin price at $25.3k above the $24.9k value of the S2F model“.

It is worth mentioning that, according to PlanB, creator of the S2F model, Bitcoin will reach $100,000 by the end of 2021.