Michael Saylor previously forecasted that Bitcoin will reach approximately $13 million per coin by 2045.
Read more‘The Black Swan’ author says Bitcoin a poor hedge against market meltdown
Nassim Nicholas Taleb says gold still stands apart as a store of value.
Read moreBitcoin trading volume recorded post-halving ATH as crypto market bled
Bitcoin trading volumes reached unprecedented levels amid the market turmoil, while crypto hackers capitalized on discounted Ether.
Read moreEurope’s fourth largest hedge fund put nearly $500M in Bitcoin ETFs — Filing
Other hedge funds are also reporting sizable positions in Bitcoin exchange-traded funds.
Read moreBitcoin ETF trading volume tops $1B amid crypto crash — Galaxy
Galaxy’s head of research expects the funds to see inflows as investors buy the dip.
Read moreCrypto products shed $528M amid recession fears — CoinShares
As Bitcoin dropped below $50,000, analysts expect more outflows that would potentially drive prices down to $42,000.
Read more