1. Trump: Bitcoin market value may surpass gold in the future. 2. 10x Research: Bitcoin is expected to eventually break through to new highs

JIN10
2024.07.29 02:28
portai
I'm PortAI, I can summarize articles.

Trump says Bitcoin's market value may surpass gold in the future, with 10x Research predicting Bitcoin will eventually break new highs. Vaneck forecasts Bitcoin's price to reach $2.9 million by 2050. VanEck advisors believe the Fed is buying Bitcoin instead of government bonds because of its fixed total supply. After Bitcoin's halving, mining companies are shifting towards AI and chip manufacturing to expand their businesses. Hong Kong legislator Wu Jiezhuang suggests including Bitcoin in strategic fiscal reserves. Harris campaign team advisors clarify that their engagement with the crypto industry is to pave the way for a reasonable regulatory framework. Forbes predicts that the US will introduce more federal policies supporting cryptocurrencies. Santiment states that Bitcoin's weighted sentiment index has risen to its highest level since March 2023. Snowden warns of the privacy risks of Bitcoin, as its transactions are not anonymous and can be traced back to individuals. The University of Wyoming will launch a Bitcoin research institute in August and accept Bitcoin donations for research. Bitwise's research director expects consolidation in the Bitcoin mining industry in the next 18 months. Trump expresses support for Bitcoin and discusses cryptocurrency policies with Musk

  1. Trump: Bitcoin's market value may surpass gold in the future.

  2. 10x Research: Bitcoin is expected to eventually break through to new highs, but it requires the Fed to forecast rate cuts or inflation to decline again.

  3. Vaneck predicts that the price of Bitcoin will reach $2.9 million by 2050.

  4. VanEck advisor: The logic behind the Fed buying Bitcoin instead of government bonds is based on the fixed total supply of Bitcoin.

  5. After the halving of Bitcoin, mining companies are shifting towards expanding into AI and chip manufacturing.

  6. Hong Kong legislator Wu Jiezhuang: Considering including Bitcoin in strategic fiscal reserves.

  7. Harris campaign team advisor clarifies: Restarting contact with the cryptocurrency industry is not for donations, but to pave the way for a reasonable regulatory framework.

  8. Forbes: The United States may introduce more federal policies to support cryptocurrencies.

  9. Santiment: Bitcoin's weighted sentiment index has risen to the highest level since March 2023.

  10. Snowden: Beware of the privacy risks of Bitcoin, as its transactions are not anonymous and can be traced back to individuals.

  11. The University of Wyoming will launch a Bitcoin research institute in August and will accept Bitcoin donations for research.

  12. Bitwise research director: It is expected that there will be consolidation in the Bitcoin mining industry in the next 18 months.

  13. Insider: Trump supports Bitcoin and has discussed cryptocurrency policies with Musk

Source: JIN10 The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.