Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,410,454,655,501.39
  • 24h Vol: $53,106,111,838.43
  • BTC Dominance: 56.58%

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cantor-fitzgerald-ceo:-bitcoin-is-a-commodity,-should-be-treated-like-gold-and-oil

Cantor Fitzgerald CEO: Bitcoin Is a Commodity, Should Be Treated Like Gold and Oil

Leave a Comment / Bitcoin, BTC, Cantor Fitzgerald, commodity, Crypto, Crypto Hacked, Cryptocurrency, Digital Assets, equities, Ethereum, Financial Services, Fox Business, gold, Howard Lutnick, investment bank, Maria Bartiromo, OIL, Regulation, tradfi / / / , , , , , , , , , , , , , , , ,

Howard Lutnick, CEO of Cantor Fitzgerald, says bitcoin is a commodity. “When you truly understand bitcoin, it’s hard to see it any other way,” he said, adding that the crypto “should be treated like gold and like oil.” While stating that other digital assets may vary, he firmly maintained that BTC is a commodity. Howard […]

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ubs-strategists-predict-minimal-impact-of-upcoming-mt-gox-payouts-on-bitcoin-value

UBS Strategists Predict Minimal Impact of Upcoming Mt Gox Payouts on Bitcoin Value

Leave a Comment / AML, asset recoveries, BCH, Bitcoin, BTC, creditors, crypto exchange, Crypto Hacked, Cryptocurrency, disbursement, Ethereum, Exchange rates, Fiat, Financial Services, investment bank, Ivan Kachkovski, James Malcom, KYC, market, market strategists, Mt Gox, News, payout, prediction, recovery, repayment, resilience, retail, sales, Stash, Strategy&, UBS, Value, volatility / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

A recent report published by market strategists from the investment bank and financial services company UBS says that the upcoming Mt Gox payouts won’t destabilize bitcoin’s value. While a new supply will come to the market, UBS strategists insist that “it would be less concentrated.” UBS Market Strategists Believe Mt Gox Payouts Won’t Destabilize Bitcoin’s

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