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.
Credit: euronews (in English) Duration: 06:22Published
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, it’s 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
Tarun Ghulati, a former investment banker now vying independently for the London mayoral race in 2024, finds inspiration in Rishi Sunak's political trajectory. With a commitment to bolstering India-UK relations, Ghulati, a UK resident for twenty years, seeks diverse support from Asian, British, European, and African demographics.
His campaign prioritizes engagement with the Indian diaspora and aims to enhance the quality of life in London, positioning him as a leading contender in the upcoming elections. Don't miss this exclusive interview for more insights.
#London #LondonMayorPolls #LondonMayor #LondonPolls #Indiandiaspora #TarunGhulati #TarunGulati #SadiqKhan #Worldnews #UKnews #Oneinda #Oneindia news
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US Secretary of State Blinken urges Hamas to accept Israel's ceasefire proposal swiftly in Riyadh. Hamas is yet to respond to the truce offer, despite it being termed "extraordinarily generous." Britain's Foreign Secretary also backs the proposal, urging Hamas to seize the opportunity. Meanwhile, Israel adjusts its demands regarding hostage release, emphasizing the need for civilian protection amidst escalating tensions in Gaza.
#US #AnthonyBlinken #Hamas #Riyadh #IsraelGazawar #HamasTruce #Truceoffer #Hamasnews #Israelwarnews #Worldnews #Oneinda #Oneindia news
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Prince Harry's upcoming visit to the UK in May has been confirmed, with plans to attend the Invictus Games anniversary ceremony in London. Additionally, speculation arises over Meghan Markle's potential presence during the trip. Stay tuned for updates on this royal event.
#PrinceHarry #PrinceHarryUKVisit #RoyalFamily #RoyalFamilyUK #UnitedKingdom #InvictusGamesAnniversary #MeghanMarkle #OneindiaNews
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Pakistan's Foreign Minister Ishaq Dar was appointed Deputy Prime Minister by Prime Minister Shehbaz Sharif-led Cabinet. This move, effective immediately, marks a strategic shift in government leadership. Dar's past role as Finance Minister and a recent stint as Foreign Minister raises questions about his new position. He is currently on an official visit to Saudi Arabia for the World Economic Forum Summit.
#Ishaqdar #PMShehbazSharif #SaudiArabia #IshaqDar #NawazSharif #ImranKhan #Pakistan #Pakistannews #Oneinda #Oneindia news
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As Lok Sabha elections progress, attention shifts to the battleground of Bengal, where BJP and TMC prepare for a fierce showdown. With BJP's heightened ambition post-2019 poll results, all eyes are on Mamata Banerjee's stronghold. Will issues like Sandeshkhali affect her reign? We delved into the matter with TMC Spokesman Ajay Ray and BJP Spokeswoman Shatorupa following the conclusion of the second phase of elections.
#MamataBanerjee #TMC #MamataDi #TMCnews #WestBengalNews #WestBengalPolls #BJP #PMModi #Modibengal #Didi #Politics #Oneinda #Oneindia news
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In what is believed to be the first use of drones in a terror attack on an Indian military facility, two blasts took place at the Air Force base in Jammu Airport in the early hours of Sunday. India..
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