Why This Fidelity Investments Director Believes Bitcoin Is ‘Exponential Gold’
The Director of Global Macro at Fidelity Investments, Jurrien Timmer, recently provided insights into the potential of the flagship cryptocurrency, Bitcoin, and
Read More
Exponential
Fidelity executive calls Bitcoin “exponential gold”
Fidelity Investments executive Jurrien Timmer compares Bitcoin to “exponential gold,” emphasizing its potential to surpass gold’s value in response to certain economic conditions. Fidelity Investments’ Director of Global Macro Jurrien Timmer offers a perspective that sees Bitcoin as an “exponential gold,” highlighting its potential to outpace the value increase of gold
Read More
Bitcoin (BTC) Is ‘Exponential Gold’: Fidelity’s Jurrien Timmer
A late Wednesday/early Thursday pump higher in bitcoin (BTC) saw the price nearly punch through $36,000 for what would have been the first time since the spring of 2022. The move, however, appeared to trigger a wave of sell orders, with bitcoin now having tumbled almost $1,300 over the past
Read More
Shiba Inu (SHIB) Burn Rate Sees Exponential 627% Jump
Shiba Inu has seen an impressive recovery in its burn rate after recording a slow start to the week. The recent acceleration
Read More
Surge in Ordinal Inscriptions Ignites Exponential Growth in BRC20 Token Economy – Bitcoin News
Over the past four days, there has been a surge in Ordinal inscriptions, and as a result, the BRC20 token economy has experienced significant growth with over 10,000 additional coins. The current value of the BRC20 token economy now stands at $497.75 million, comprising a total of 24,677 distinct tokens.
Read More
Crypto Venture-Capital Firm Paradigm Leads $14M Funding Round for DeFi Platform Exponential
“Investing in DeFi is a labyrinthian hellscape that even the most devoted crypto evangelist can get lost in,” Exponential co-founders Driss Benamour, Mehdi Lebbar and Greg Jizmagian wrote in a post announcing the funding. “Finding legitimate projects, executing trades, moving funds across chains, tracking performance and filing taxes is more
Read More
Nexo and Amber Group executives claim ‘exponential’ growth in crypto institutional investment
During the 8th edition of the Blockchain Africa Conference 2022, Cryptox's editor-in-chief Kristina Lucrezia Cornèr moderated a virtual panel titled "Cryptocurrency Institutional Investment: Increasing Returns and Improving Diversification." Panelists Kalin Metodiev, co-founder and managing partner at Nexo, and Dimitrios Kavvathas, chief strategy officer at Amber Group, focused on the opportunities that
Read More
Exponential Software Requires Exponential Hardware
Everyone has slightly different imaginations of what Web 3 will ultimately look like. Regardless of your specific vision, if you believe in the Web 3 thesis of decentralization, open-source, permissionless access to the internet, you believe that eventually hardware workloads will get optimized. Right now, it is definitely not optimized,
Read More
FTX Founder Says NFTs are Gaining Widespread Adoption at an Exponential Rate
Founder and CEO of US-based cryptocurrency exchange Sam Bankman-Fried noted that non-fungible tokens (NFTs) are gaining adoption at a fast pace, but added that most investors have little knowledge of the NFT market. Mainstream Investors have no Understanding of NFTs In an interview with CNBC’s Street Signs Asia posted on Tuesday (August
Read More
“Exponential Decay” Of The Dollar To Benefit Bitcoin Long-Term
Bitcoin is now reeling after a rejection prevented further highs around the time Coinbase Global went live on the Nasdaq. The same stock market has also been booming alongside crypto – both markets gone parabolic against a common denominator: the dollar. The greenback’s “exponential decay” is poised to continue, further benefiting
Read More