The former hedge fund manager suggested that top-tier NFTs essentially serve as status symbols, and should see significant upside during crypto boom cycles.
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The former hedge fund manager suggested that top-tier NFTs essentially serve as status symbols, and should see significant upside during crypto boom cycles.
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Some high-profile investors have taken the recent market downturn as an opportunity to add to their crypto positions, though others warn there’s still a risk of worse to come.
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Analysts across crypto and traditional stocks have taken notice of the similarities between what happened in March 2020 and market moves so far this month.
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The largest crypto by market cap is showing signs of a turnaround over the past 24 hours which analysts are saying could be the beginning of an upswing.
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In a Twitter argument with Greg Foss, Raoul Pal said that the Bitcoin community has “lost sight of inclusion.”
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“I think there’s a reasonable chance of this being a $250 trillion asset class, which is 100x from here,” said Raoul Pal.
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The Coins Podcast docuseries will explore the history of money and the impact that crypto and blockchain tech has had on the global financial system.
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Investment strategist Raoul Pal suggested traders should probably buy the Bitcoin dip as price crashes to two-month lows.
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Real Vision’s Raoul Pal believes that altcoins with an active ecosystem of devs and apps will likely beat out Bitcoin over time.
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