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Bitcoin struck $64,000 today, a new record for the globe's biggest cryptocurrency.
Justin Hartzman, Chief Executive Officer of CoinSmart, a crypto exchange based in Canada, claimed that this rally is just the beginning, mentioning banks' target projections of upwards of $400,000 a coin.
" We're so early in this market, it's still in the first half of the very first inning and also what's different now that in 2017, 2018 is we're seeing a lot of large establishments come into this. Simply today we're seeing Coinbase, one of the largest exchanges in the world going IPO any min now while we're speaking," Hartzman informed David Lin, anchor for Kitco News.
0:00 – Bitcoin's new all-time high
3:10 – Bitcoin as a type of repayment
5:43 – Regulatory setting
9:05 – CoinSmart and altcoins
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Bitcoin price hits new all-time highs today, here’s where it’s headed next – Justin Hartzman
Bitcoin hit $64,000 today, a new record for the world’s largest cryptocurrency.
Justin Hartzman, CEO of CoinSmart, a crypto exchange based in Canada, said that this rally is just the beginning, citing banks’ target projections of upwards of $400,000 a coin.
“We’re so early in this market, it’s still in the first half of the first inning and what’s different now that in 2017, 2018 is we’re seeing a lot of large institutions come into this. Just today we’re seeing Coinbase, one of the largest exchanges in the world going IPO any minute now while we’re talking,” Hartzman told David Lin, anchor for Kitco News.
0:00 - Bitcoin's new all-time high
3:10 - Bitcoin as a form of payment
5:43 - Regulatory environment
9:05 - CoinSmart and altcoins
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
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