22 min listen
1282: VanEck: Bitcoin Can Moon to $1.3 Million Per Coin If Adopted As World Reserve Currency!!
FromCrypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
1282: VanEck: Bitcoin Can Moon to $1.3 Million Per Coin If Adopted As World Reserve Currency!!
FromCrypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
ratings:
Length:
31 minutes
Released:
May 15, 2023
Format:
Podcast episode
Description
Renowned global investment manager, VanEck which currently has $69 billion in assets under management, explained a framework that analyzed where the value of Bitcoin (BTC) would end up if it were to be adopted as the world’s reserve currency.
“Gold prices of around $31,000 per ounce and potential Bitcoin prices of around $1,300,000 per coin. Adjusting for greater strains on financial and monetary systems generates even higher prices.”
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“Gold prices of around $31,000 per ounce and potential Bitcoin prices of around $1,300,000 per coin. Adjusting for greater strains on financial and monetary systems generates even higher prices.”
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
May 15, 2023
Format:
Podcast episode
Titles in the series (100)
599: BITCOIN HITS STOCK-TO-FLOW REBOUND LEVEL NOT SEEN SINCE 2017 ATH!! CRYPTO TO TRANSFORM 4 INDUSTRIES!: Deviation from the stock-to-flow average has always resulted in a reversal to new all-time highs, data shows. Both 2013 and 2017 ultimately saw a two-tier run to an all-time high. The first peak was followed by a significant drawdown in each instance,... by Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News