Ethereum World News
2020-06-19 16:27:38

Bitcoin (BTC) Can Capture 33% of Gold’s Marketcap to hit $180k – Weiss

In summary: Big money in the form of hedge funds, university endowments and pension funds are ready to invest in Bitcoin. However, these institutions have governing charters that prevent them from investing in crypto directly. Investment products pegged to BTC provide an avenue for these institutions to access Bitcoin. Bitcoin need only capture 33% of Gold’s current market cap at $9T to be valued at $180k. Talk of institutional investors getting into crypto gathered momentum back in mid-2017 when news […]

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer