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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