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Bitcoin’s market capitalisation reached new peaks in November 2021. This column suggests it is hard to find arguments supporting the cryptocurrency’s current valuation. Even if the financial stability risks of a Bitcoin collapse could be contained, the burst of the bubble would imply painful losses for many retail investors and society at large. The authors conclude that
Bitcoin will continue to take market share from gold as a byproduct of broader adoption of digital assets -- and possibly due to Bitcoin-specific scaling solutions -- leading to a potential $100,000...
Here’s what industry insiders foresee in the development of the blockchain and crypto space in 2022
Brock Pierce says BTC might surge to $200,000 in the coming year, but won’t maintain this level.
"We are definitely actively exploring NFTs and how we can make them more accessible to a wider audience," Instagram's CEO said.