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Goldman Sachs Gr Analyst Ratings
This analyst was bullish on bitcoin reaching $0.1 million ten years ago, how does he view it today?
Bitcoin has a 1%-2% chance of replacing all mmf, and although the probability is small, it is sufficient to explain why the price can reach its current level. The total supply of global mmf is 100 trillion dollars, and if all were replaced by bitcoin, the value of each bitcoin would approach 5 million dollars.
Trump officially announced: White House AI and cryptos affairs have been settled!
① The newly elected president of the usa, Donald Trump, appointed David Sachs as the director of white house ai and cryptos affairs. ② Sachs, former COO of Paypal, will be dedicated to making the usa a global leader in the ai and cryptos fields. ③ Trump has been active in the cryptos industry, planning to turn the usa into a global crypto hub and supporting the idea of establishing a strategic bitcoin reserve.
The usa's first "AI and cryptos tsar"! Renowned venture capitalist and close friend of Musk, David Sacks, has been appointed.
On December 6, the president-elect of the usa, Trump, announced the appointment of David O. Sacks as the head of AI and cryptos affairs at the White House.
Former Treasury Secretary Larry Summers: There is no need to build a reserve of bitcoin, Musk's 'grand ambition' cannot be achieved!
① Former usa Treasury Secretary Summers dismissed the idea of the Trump administration establishing a bitcoin asset reserve, calling it "crazy" and questioning its necessity. ② He stated that Musk's goal of saving 2 trillion dollars in spending is difficult to achieve, as the government's main expenditures are on defense and support for the elderly, making spending cuts or tax increases politically challenging.
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From the retail stocks' financial reports, how is consumer behavior in the usa?
Consumers in the usa are becoming more savvy and selective in their purchasing decisions.
Historic breakthrough of $0.1 million, how much further can bitcoin rise?
A price of 0.1 million dollars would push bitcoin's market cap to nearly 2 trillion dollars, surpassing technology giants like nvidia, apple, and google. Analysts believe that bitcoin breaking the 0.1 million dollar mark signifies the bull market entering a new phase, stating that "it now seems immune to any external shocks."
bitcoin broke through the $0.1 million mark, is it about to become a "mainstream mmf"? A quick look at the analyst's perspective.
① The usa's president-elect Trump nominated conservative lawyer Atkins as SEC chairman on Wednesday, causing bitcoin to rise above the $0.1 million mark; ② Analysts generally believe that Atkins' appointment will push this global largest cryptos closer to becoming 'mainstream currency.'
What Seeking Alpha Analysts Are Saying as Bitcoin Trades Above $100,000
The "Trump trade" is on the rise! Will it stir up another wave before the inauguration day in January?
Since Trump announced his victory on November 6, the assets related to the "Trump trade" have experienced a significant increase.
Latest cryptos news | Milestone in the crypto world! Bitcoin has successfully surged above $0.1 million; another major country is rallying for cryptos! Putin: Bitcoin is better than forex reserves.
On Thursday, bitcoin broke through the $0.1 million mark for the first time, with the market anticipating that the Trump administration will create a friendly regulatory environment for cryptos.