By Justin J. Carbonneau (@jjcarbonneau) — Bitcoin has gone from JV to Varsity, and now has a valuation as high as some of the world’s top companies. Turning 12 years…
Tag: Bitcoin
Bitcoin ETF Could Be Real in 2021
While exchange-traded cryptocurrency ETFs have yet to be allowed in the U.S. due to concerns about “potential manipulation and thin liquidity,” a recent Bloomberg article reports that, “with the world’s…
Yale, Harvard and Others Buying Bitcoin
Some large university endowments have been “quietly buying cryptocurrency for the past year or so through accounts held at Coinbase and other exchanges,” according to a recent article in Coindesk.…
Bitcoin for Your Portfolio?
Bitcoin investors have been on a “wild ride lately,” and the cryptocurrency has even been attracting more interest from mainstream investors, but there are “reasons to be skeptical” according to…
The Other Scarcity Problem for Bitcoin Bulls
While Bitcoin scarcity is viewed by many as an advantage over more conventional assets, a recent Bloomberg article points out that as the value of the asset class rises, it…
Hulbert on Why Bitcoin is Overpriced
In a recent article for Barron’s, contributor Mark Hulbert shares insights related to a recent cryptocurrency valuation analysis that concluded Bitcoin is priced “more than 50% higher than its fair…
MassMutual Buys $100 Million in Bitcoin
Massachusetts Mutual Life Insurance Co. purchased $100 million of bitcoin for its general investment account, “the latest sign of mainstream acceptance” of the digital currency. This according to a recent…
Paul Tudor Jones: Bitcoin Rally Still in “First Inning”
Billionaire hedge fund manager and longtime bitcoin trader Paul Tudor Jones says cryptocurrency is the best inflation hedge and that its rally is still in the “first inning.” This according…
What Bitcoin Taught Me About Risk & Reward In Investing & Life
In 2015, my firm Validea hired a technology consultant who was also building a company utilizing blockchain technology. At the time, the consultant suggested, “You know, you should take a…
Hulbert: Bitcoin Will Never Replace Gold
In an article for Barron’s, Mark Hulbert outlines the findings published in a paper by University of Chicago economics professor Eric Budish titled, “The Economic Limits of Bitcoin and the…