Mark Yusko – the head executive of Morgan Creek Capital Management, a hedge fund – has stated that bitcoin could reach a price of about $300,000 per unit by the time 2028 rings in. Mark Yusko Has High Hopes for Bitcoin Right now, the gold arena has a market capitalization of about $6 trillion. He believes bitcoin will soon be able to rival the precious metal thanks, in large part, to next year’s scheduled halving. He says BTC is going to experience enough of a...
Read More »Mark Yusko Is Not a Dogecoin Fan
Mark Yusko – the CIO of Morgan Creek Capital Management LLC – recently stated in an interview that he doesn’t understand Dogecoin, nor does he think it has any real utility or use case. In other words, it’s a completely valueless currency. Mark Yusko Doesn’t Think Much of Dogecoin Yusko has long been an outspoken critic of Dogecoin and several other forms of digital currency. Dogecoin is a meme-based currency that was created in 2013 by computer programmer Jackson...
Read More »Mark Yusko On Bitcoin: There Could Be a Pause in Momentum if People Cash Out
Bitcoin is doing better than it has in a long time. The currency – which was trading for $64,000 per unit in April of this year – has suffered somewhat in recent months, experiencing some bearish behavior that ultimately brought it down below the $30,000 mark for a brief period. However, at press time, the currency is trading again above $60,000, and is only a few thousand dollars shy of where it was six months ago. Bitcoin Has Reached a New Pinnacle For the most part,...
Read More »Bitcoin-Preis 1 Million? Wie sieht die langfristige Zukunft von Bitcoin aus?
Bitcoin-Preis 1 Million? Wie sieht die langfristige Zukunft von Bitcoin aus Der Megatrend der Digitalisierung treibt nicht nur die klassische Industrie voran, sondern verändert auch die Art und Weise, wie wir mit Geld und Finanzen umgehen. Mit Blick auf Kryptowährungen und speziell auf den Bitcoin-Kurs stellen sich folgende Fragen: Wie wird die Zukunft von Bitcoin aussehen? Hat Bitcoin überhaupt eine Zukunft? Und was wird der Bitcoin im...
Read More »Mark Yusko Sees BTC Reaching $250K By 2026
Granted bitcoin moves up towards gold’s market cap, Mark Yusko of Morgan Creek Capital Management fame believes that the world’s number one digital currency could shoot up to about $250,000 per unit within the next five years. Mark Yusko: $250,000 for BTC in This Decade In a recent interview, Yusko commented that many investors were not giving bitcoin its due and “underestimating” its ability to move about and serve a higher purpose in the world of finance. He says it is...
Read More »Mark Yusko: All Companies Need to Consider BTC
Mark Yusko – the founder and chief executive officer of Morgan Creek Capital Management – feels that bitcoin has become large enough and strong enough in recent days that it can no longer be ignored by investors or companies. Mark Yusko: We Can’t Ignore Bitcoin In a recent interview, he comments: We really believe that we’ll look back five years from now and it will be deemed fiduciarily imprudent to have zero exposure to digital assets. As it stands, many companies –...
Read More »Hedgefonds-Manager: „Cash is king, aber Bitcoin ist Thronfolger“
Am letzten Freitag war auf CNBC ein Interview mit Hedgefonds-Manager Mark Yusko zu sehen. Yusko zufolge entspricht die Aussage „Cash is king“ besonders in Zeiten der Krise der Wahrheit. Dennoch ist Bitcoin in der Thronfolge als Nächstes an der Reihe: „Regierungsanreize werden sich negativ auf die Währungen weltweit auswirken, insbesondere auf westliche Währungen. Diese Währungen werden an Wert...
Read More »Mark Yusko: BTC Will Reach $100K Within Two Years
Mark Yusko, a former bitcoin and crypto skeptic, thinks the BTC price is likely to hit $100,000 by the time 2021 rolls along.Mark Yusko Has Gone From Hater to BelieverAs the chief executive and chief investment officer at Morgan Creek Capital, Yusko was – at one time – not a believer in crypto and held more faith in traditional fiat. At the time of writing, however, some of that sentiment seems to have switched, with Yusko showing a little more interest in the digital asset and acknowledging...
Read More »Bitcoin Bounces Back above $7500, BTC Futures Market Expects Poor Show for 2020
The Bitcoin price movement over the last week has sent jitters among crypto investors. In the last seven days, the BTC price crashed to $6600 hitting its six-month low. But Bitcoin has bounced back quickly trying to consolidate above $7000 levels.In the last 24 hours, the Bitcoin price is on a northward trajectory surging nearly 10% above $7500 level. At press time, Bitcoin is trading at $7551 with a market cap of $136 billion. This much-needed relief rally has recently got investors’ hope...
Read More »Bitcoin Price Set to Multiply 7X in just Seven Months, Data Model Indicates
Volatility always exists in the crypto markets. After Bitcoin reached its all-time highs in December 2017, what followed was a persistent bear market. However, the bearish trend seemed to have come to an end when Bitcoin surged from $3,500 to over $13,000 in a few months. The bulls lost momentum with the flagship cryptocurrency heading south over the past three months.Although Bitcoin is struggling to stay above $8,000, one quant analyst called PlanB on Medium believes that the token will...
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