Where Bitcoin is going to be in 10 years...especially if it teams up with AI
Euronews caught up with Yves Holenstein from Bitcoin Suisse AG to learn how the largest cryptocurrency is about to be part of our day-to-day lives in the next few years.
Bitcoin Rallies, on Hopes of Renewed Interest , Among Mainstream Investors.
On March 4, the price of Bitcoin broke $65,000,
bringing it closer to returning to an all-time
high reached in November 2021.
NBC reports that the latest rally has been driven
by hopes that the launch of bitcoin exchange-
traded funds will expand bitcoin's pool of buyers. .
In 2024, the cryptocurrency has
gained over 48%, rapidly approaching its
record intra-day all-time high of over $68,000.
In January, Bitcoin ETFs were first approved by
the Securities and Exchange Commission (SEC). .
The SEC said the approval of the ETFs were meant
to make it easier for investors to gain exposure to
Bitcoin without having to actually own the digital coins.
NBC reports that the world of crypto is also banking
on a potential rally following a technical event
known as "halving" scheduled to occur in April.
This event will see the rate of supply for new bitcoin
to decline, which could cause the value of the
cryptocurrency to increase if demand remains unchanged.
Some mainstream investment experts have
still urged caution when it comes to investing
in the controversial cryptocurrency.
With equities, you own a share
of a company that produces goods
or services, and many also pay
dividends. With bonds, you get
a stream of interest payments, Vanguard statement, via NBC.
Commodities are real assets that meet
consumption needs, have inflation-
hedging properties, and can play
a role in certain portfolios, Vanguard statement, via NBC.
While crypto has been classified
as a commodity, itβs an immature
asset class that has little history,
no inherent economic value,
no cash flow, and can create
havoc within a portfolio, Vanguard statement, via NBC
Credit: Wibbitz Top Stories Duration: 01:32Published
The European Parliament is waiting for national authorities to provide intelligence that could lead to stripping MEPs' of their immunity in the so-called Russiagate probe, President Roberta Metsola told Euronews in an interview on Monday.
Credit: euronews (in English) Duration: 01:54Published
Former Vice President of the US, Mike Pence, joins Euronews Correspondent Stefan Grobe on the Global Conversation to discuss military support for Ukraine, transatlantic relations and collective challenges.
Credit: euronews (in English) Duration: 08:00Published
Former U.S. vice president Mike Pence is confident that U.S. military support for Ukraine is forthcoming.
Such a congressional approval has the support of majorities of the political parties as well as the American people, Pence said in an interview with Euronews in Brussels.
Credit: euronews (in English) Duration: 01:27Published
Sam Bankman Fried Sentenced to 25 years in Prison for FTX Bitcoin Ukraine Money laundering Scam as cash flows over to Ukraine and then into Corrupt politicians charities and back into their bank..
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