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Kitco News

Alex Mashinsky called bitcoin price surge; now has $100 million invested in these assets

Bitcoin may have struck new all-time highs, however insufficient energy is here to maintain this rally, and also a pullback in the direction of $15,000 to $16,000 might occur prior to the rate climbs up higher still, claimed Alex Mashinsky, Chief Executive Officer of Celsius Network.

Mashinsky has actually appropriately anticipated that bitcoin would breach the 2017 highs this year, which it did previously today.

0:00 – Next bitcoin price targets
5:12 – Gold vs bitcoin
8:38 – Surge of altcoins
12:02 – Finest supply sectors
16:22 – Property allotment

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Fox News

Bitcoin breaks $20,000 for first time ever

Bitcoin hits record high.

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Kitco News

$20,000 bitcoin price by year-end not impossible – Alex Mashinsky

Bitcoin has actually currently gone up 50% considering that its September lows, however Alex Mashinsky, Chief Executive Officer of Celsius Network, sees the cryptocurrency relocating to new all-time highs by year-end.

Mashinsky reviews the state of the economy (0:00), bitcoin (1:58), gold (7:51), and also the future of modern technology (12:55).

0:00 – Economic climate as well as economic crisis
1:58 – Bitcoin cost forecast
4:29 – Are we still in a recession?
7:16 – Investing in tech
7:51 – Properties to invest in
10:54 – Crypto financial savings
12:55 – Future modern technology fads
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Kitco News

$100k bitcoin price by 2025; is gold still worth buying? – Bloomberg Intelligence

As bitcoin develops, the biggest cryptocurrency trades more like gold, a shop of value, as confirmed by the 2 properties' close connection with each various other this year.

This relationship is most likely to hold, said Mike McGlone, commodity planner at Bloomberg Knowledge, and the very same macroeconomic forces pressing gold higher are likely to drive bitcoin as well.

So if bitcoin is beginning to trade like gold, a store of value, and also much less like a threat possession however has a lot more upside possible, the concern comes to be: is gold still worth acquiring? McGlone reviews in this interview.
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Kitco News

Max Keiser explains why only gold, silver and bitcoin can save you now

During unpredictable market problems, investors must be seeking properties that stand for shops of worth, like gold, silver, and bitcoin, this according to Max Keiser, host of the Keiser Record.

" The following alternate hard money, besides silver, is bitcoin, which's why you see passion in bitcoin now, it's up this year. It is among the few markets in the world that's up in 2020," Keiser told Kitco Information.
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Fox News

Government auctioning off criminals’ bitcoin

FOX Company' Kristina Partsinevelos reports on the 4,000 bitcoin– regarding $39 million well worth– being auctioned off that were confiscated from individuals who were convicted of a criminal activity. #FoxBusiness

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