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? SAT
Market Cap (Rank#0)
?
? BTC
Vol 24h
?
? BTC
Circulating Supply
73,026,022.15
Max Supply
?
115 days agocoindesk
Do Bitcoin ETFs Kill the Bull Case for Crypto Equities?
The days of rising crypto prices lifting all boats, including mining stocks, may be gone. But it still looks like being a good year for digital assets, says Alex Tapscott.
118 days agocryptodaily
Don't Miss the Boat: Unveiling the Top Cryptocurrencies Set to Skyrocket - Your Ultimate Investment Guide!
NuggetRush (NUGX) is among the newest projects in the crypto space, with multiple utilities set to push its price significantly high.
122 days agocryptopotato
Kabuni Celebrates “Stake a Future” Launch with 10,000 Steamboat Willie-Inspired NFTs
[PRESS RELEASE – London, United Kingdom, January 17th, 2024] Kabuni’s Steamboat Willie-inspired non-fungible tokens (NFTs) go beyond digital assets, they are integral to Kabuni’s mission of unlocking human potential through technology and driving positive change. Holders of these NFTs gain an exclusive path to the chance of earning Kabuni COIN (KBC), embodying the spirit of innovation, […]
122 days agocryptodaily
Kabuni celebrates “Stake a Future” launch with 10,000 Steamboat Willie-inspired NFTs
Kabuni celebrates “Stake a Future” launch with 10,000 Steamboat Willie-inspired NFTs
179 days agocryptopotato
How Bitcoin Can Be a Lifeboat for People in Third World Countries: Interview with Ledn’s Mauricio Di Bartolomeo
CryptoPotato had the opportunity to discuss everything Bitcoin with Ledn’s Mauricio Di Bartolomeo during the 2023 BTC Amsterdam conference.
267 days agocointelegraph
Bitcoin sails the seas: sailor paints giant 'B' on boat to promote crypto across the ocean
A captain from Brussels took his passion for sailing and Bitcoin and set sail on his Sato Boat painting with a giant orange “B” to promote the cryptocurrency across the seas.
288 days agonulltx
Cardano Falters as DigiToads Ride the Surge: A New Narrative in Crypto Momentum?
The broad development of crypto markets has created a landscape where one boat can rise while another sinks. A critical factor in this movement that remains hidden from many is the dynamics of the holder base. Observable among new ICOs and leaders from the last cycle; the former blazes while the latter lags. A prime […]
370 days agocryptodaily
Yachtify (YCHT) Outshines Enjin Coin (ENJ) in Recent Investor Hype
The newest crypto trend watches new currencies like Enjin Coin (ENJ) come to the market and skyrocket, only to crash and be forgotten shortly later. Only a few fortified currencies can maintain the tenacity they launched with and still manage to hold their fort despite the market's volatility. Market experts suggest that crypto newcomer, Yachtify, is one such coin that will enjoy relative stability. Yachtify (YCHT): Yachtify (YCHT) Gains Ground, Investors Swarm Crypto newcomer, Yachtify, is increasingly gaining ground in the crypto space, with investors swarming to join its budding community. Its innovative approach to offering fractional yacht ownership to investors is attracting crypto enthusiasts to the scene, as it will enable them to have stakes in the recession-proof maritime industry. For the longest time, the ownership of luxury boats like jet skis and sunseeker yachts was exclusively for the extremely wealthy. Yachtify seeks to shatter that class barrier and offer its investment model to individuals across all wealth backgrounds. Now, with Yachtify, any cryptocurrency user can buy, sell, and rent yachts from anywhere in the world with affordable $100 stakes. Yachtify enables investors to purchase fractional NFTs that represent a physical yacht for as low as $100. These yachts are heavily insured and are stored in maximum-security seaports worldwide. It also allows current yacht owners to raise funds by enabling them to list a minimum of 25% of their private yachts for fractional sales. The Yachtify team has undergone a Know Your Customer (KYC) assessment, so community members are confident in their investment. The founder was recently verified through an identity check, and SolidProof strictly audited the currency. The current presale value of Yachtify sits at just $0.10, and as any experienced investor will tell you, now is the time to get into a solid project with such impressive prospects. Early investment is one of the only ways to guarantee a tremendous profit, which is why you should follow this link before prices hit the roof: >>>> BUY YACHTIFY TOKENS <<< Market Experts Convinced that Enjin Coin Has Fallen Off Enjin Coin (ENJ) is one of the few coins tied to a gaming platform. Unfortunately, it has been faring badly in the market as its value keeps declining. Market experts predict that Enjin Coin (ENJ) will trip over and possibly crash, especially as new coins like Yachtify with stronger features capture the market. Unfortunately, the recent price trend of Enjin Coin (ENJ) is proving the predictions correct, as it is currently facing its 7-day all-time low of about $0.3636. Enjin Coin (ENJ) has little going on regarding a unique use case, and all its features are offered and enjoyed by more stable currencies. Projects like Enjin Coin (ENJ) are flooding the market and causing investors significant losses while offering little to no value. Unlike these coins, Yachtify offers investors high yield and stability as it seeks to merge crypto's potential and the historically exclusive recession-proof maritime industry. We highly recommend checking out and investing in Yachtify, the innovative crypto newcomer. Join Presale: https://buy.yachtify.market Website: https://yachtify.market Telegram: https://t.me/yachtify Twitter: https://twitter.com/yachtify_market Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
371 day agocryptodaily
Axie Infinity (AXS) May Not Recover, Investors Turn to Yachtify (YCHT)
It's not uncommon for a cryptocurrency to face bearish trends for lengthy periods with little hope for recovery, thereby causing substantial losses to investors. Unfortunately, this is the current situation for the Axie Infinity (AXS) community. The disheartening trend is pushing investors to more stable crypto projects like the crypto newcomer, Yachtify. Yachtify (YCHT) Takes the Lead in the Crypto Scene Yachtify, a crypto new player, is projected to lead the crypto space in the coming seasons. Market trends are endorsing projections even before the currency's launch, and investors are swarming into the community, making solid investments with the potential to start earning a stable income. Yachtify, a new coin with the potential to become a blue chip cryptocurrency, is designed to enable individuals worldwide to profit off the economy-proof maritime industry. It is the first cryptocurrency investment project to allow investors to buy, sell and rent luxury boats so that investors can own shares in anything from a jet ski to a sunseeker. This model will enable the everyday crypto user to own, sell, and trade yacht shares, discarding the stereotype that delegates the market to extremely wealthy individuals. Furthermore, Yachtify would allow investors to purchase fractional NFTs that represent real-life yachts with the Yachtify token ($YCHT). These yachts are strictly insured and secured in maximum-security seaports worldwide. That's not all, though; current yacht owners can join the Yachtify community and raise funds by selling a minimum of 25% of their private yachts. All yachts will be sold or leased to high-net-worth persons, and the revenue will be disbursed to community members proportionally to their investments. The Yachtify network and founder have been audited and verified by the SolidProof network. Yachtify will lock liquidity for life and freeze community tokens for three years, so it is completely for investors. When dealing with a high-potential coin, it is always best to get invested early, and with a presale value of just $0.10, Yachtify is a no-brainer. This is an incredible opportunity to get into an unbelievably stable cryptocurrency investment at an excellent price. Follow this link before the price becomes untouchable! >>>> BUY YACHTIFY TOKENS <<< Axie Infinity (AXS): Future Wavers as Axie Infinity (AXS) Goes to Zero Axie Infinity (AXS) is a blockchain cryptocurrency that is based on an online game. It was developed by a Vietnamese gaming studio, Sky Mavis, and is run on the Ethereum network. It utilizes a play-to-earn feature that allows players to purchase, breed, and compete with creatures known as Axies in exchange for crypto tokens. Cryptocurrency investors were still nursing losses as of April 23rd's unlocking of its Blockchain-based play-to-earn project's tokens worth millions of dollars. At the time, AXS's price was about $7.44, down about 12% that week alone. Market trends predict that Axie Infinity (AXS) will still drop. Token unlocks are generally considered a bearish catalyst, mainly because holders benefiting from the unlock can sell their coins, thereby adding to the supply in the market. This may trigger more holders to sell their coins and cause a dip, which would be even more drastic for the Axie Infinity (AXS). While there may be hopes that Axie Infinity (AXS) may rise again and find stability, investing in coins with stable prospects is best. Yachtify presents an attractive opportunity for investors to get in early on a solid project and earn massive revenue. Join Presale: https://buy.yachtify.market Website: https://yachtify.market Telegram: https://t.me/yachtify Twitter: https://twitter.com/yachtify_market Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
372 days agocryptodaily
Yachtify (YCHT) Gains Attention of Chiliz (CHZ) and KuCoin (KCS) Investors
With the current market sentiment around tokens like KuCoin and Chiliz, a new coin on the market, Yachtify, is enjoying a boom in investors. With its foundation on the Ethereum blockchain and unique trading model, Yachtify promises investors the first ever crypto-maritime investment project. Yachtify (YCHT) Opening New Frontiers In The Crypto Market Yachtify is an ongoing crypto project that promises to revolutionize the crypto market as we know it. It is a first-of-its-kind crypto trading platform that utilizes the multi-billion dollar luxury boat industry. Investors can earn revenue on luxury vessels when they buy, sell, or rent vessels on the marketplace. This way, crypto enthusiasts can venture into the exclusive yacht market for as low as $100. Yachtify employs a fractional ownership model where investors buy NFTs that represent a real-life, high-value yacht and earn income on the lease or sale of the yacht. The revenue reached is then distributed among stakeholders according to the value of their holdings. Current yachtowners can also earn revenue by listing at least 25% of the total worth of their vessel on the marketplace. All investor assets are insured and safeguarded in maximum security ports across the world. The Yachtify marketplace also makes it easy for stakeholders to manage and grow their portfolios. Furthermore, the growth of the maritime industry following the COVID-19 pandemic further secures Yachtify&rsquo;s strategy. The Yachtify token, $YCHT, is at the presale stage, so now is a great time to stockpile tokens. With just $0.10, investors can venture into a highly profitable industry and earn stable income. Yachtify's high growth potential and scalability equip the project to compare to crypto warlords like Bitcoin (BTC) >>>> BUY YACHTIFY TOKENS <<< Chiliz (CHZ): Experts Predict Major Downfall for Chiliz (CHZ) It is not the best of times for Chiliz (CHZ) as it experiences continued dips. Trading at $0.1257, below its $0.130 resistance level, experts are not optimistic about a rise in the Chiliz (CHZ) price. Its Relative Strength Index of 14 indicates that further losses may be on the horizon for investors. Daily charts show that further dips forced the support level to fall below $0.120 to $0.100 in April. As the RSI plummets, bearish influence may push Chiliz (CHZ) to the lower market boundary. When pitted against Bitcoin, one can notice a bullish trend; however, it is barely enough to save Chiliz (CHZ) from its current trajectory. While investors hope for a dramatic upturn for Chiliz (CHZ), they have turned their sights to more promising new tokens such as Yachtify. KuCoin (KCS): Security Breach Pulls Rug From Underneath KuCoin (KCS) Things are not looking promising for KuCoin (KCS) as a 45-minute security breach on April 23rd, 2023, led to significant investor losses. The so-far unidentified hackers gained access to the KuCoin (KCS) platform and posted a fake event, leading to losses of 22,628 USD worth of Bitcoin and Ethereum. As a result, the price of KCS has dropped from $9.05 to $7.61 as traders worry about their portfolios' safety. KuCoin (KCS) is currently ranked 62nd on the Coinmarketcap and is trading at a loss of 0.60%, and experts believe this value will continue to drop. With KuCoin&rsquo;s (KCS) increasing safety concerns, more secure tokens like Yachtify are quickly gaining headway in the market. We believe this is a unique opportunity for everyday crypto investors to tap into the recession-proof industry. Check Yachtify out below: Join Presale: https://buy.yachtify.market Website: https://yachtify.market Telegram: https://t.me/yachtify Twitter: https://twitter.com/yachtify_market Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
373 days agocryptodaily
Smooth Sailing Ahead: Yachtify (YCHT) Emerges as a Stronger Investment Alternative to Shiba Inu (SHIB) and Cosmos (ATOM)
Yachtify (YCHT) is making waves in the crypto market, positioning itself as a more robust investment alternative to well-known tokens like Shiba Inu (SHIB) and Cosmos (ATOM). With an innovative approach and a clear vision for the future, YCHT offers investors a solid opportunity for growth and long-term potential. In contrast to the meme-driven nature of Shiba Inu (SHIB) and the challenges faced by Cosmos (ATOM) in an increasingly competitive market, Yachtify (YCHT) aims to provide tangible value and real-world use cases, ensuring a smoother journey for investors navigating the unpredictable waters of the crypto world. >>>> BUY YACHTIFY TOKENS <<< Yachtify (YCHT): An Unprecedented Investment Opportunity in the Yacht Industry Yachtify (YCHT) represents a groundbreaking investment opportunity by offering a unique platform for fractional yacht ownership. The project aims to make the yacht market accessible to many investors, enabling anyone to earn passive income via investing in and owning fractions of boats. Yachtify is going to revolutionize the maritime industry by allowing users to buy, sell, and rent real-world yachts using its native token, $YCHT. $YCHT is currently available at an attractive pricing of just $0.10 and a generous 30% bonus during the ongoing presale. The Yachtify Protocol opens the exclusive world of yacht ownership, once reserved for the wealthy, to cryptocurrency users. Each non-fungible token (NFT) represents a real-world yacht and can be fractionalized, enabling community members to buy a stake for as little as $100. High net worth individuals and charter businesses can then lease or purchase these private yachts, generating income or capital growth for investors. With Yachtify, investors can participate in a recession-proof maritime industry featuring multiple streams of income. The Yachtify team has undergone a thorough KYC process, with the founder verified through an identity check. The project has been audited by SolidProof, ensuring that liquidity will be locked for life, and team tokens will be locked for 3 years. This level of security and transparency makes Yachtify a highly promising investment opportunity for those looking to capitalize on the booming yacht rental and charter industry. Shiba Inu (SHIB) Holders Seek Better Opportunities: Is the Meme Coin Losing Steam? In the constantly evolving world of cryptocurrencies, Shiba Inu (SHIB) has enjoyed a meteoric rise as a popular meme coin. However, with no tangible utility compared to rivals like Tamadoge, it seems the golden days of Shiba Inu may be waning. Currently, SHIB finds itself in a similar situation to Tamadoge (TAMA), with both coins experiencing a staggering 90% drop from their all-time highs. While analysts predict a potential 50x surge for Shiba Inu during the next bull run, investors are growing increasingly restless. In the interim, many have begun exploring less speculative tokens that offer more than just hype. Shiba Inu's lack of real utility has raised concerns among investors, as the coin appears to be primarily propelled by market sentiment rather than tangible value. Compounding these concerns, Shiba Inu's current price hovers around $0.000009, with its 24-hour trading volume plummeting by over 25% at the time of writing. As SHIB holders search for better gains, it remains to be seen if the once-prominent meme coin can regain its former glory or if it will be left behind in favor of more promising opportunities. Is Cosmos (ATOM) Losing Its Edge as the Promised Blockchain 3.0? Once heralded as Blockchain 3.0, Cosmos (ATOM) aimed to revolutionize the crypto landscape by connecting multiple blockchains and enabling seamless interoperability. However, with several other cryptocurrency projects, such as Ethereum's ERC-20 and Binance's BEP20, already providing similar functionality, Cosmos' unique value proposition appears to be waning. Investors are taking notice, as on-chain data reveals a gradual shift in capital allocation away from ATOM. Compounding Cosmos' challenges, the recent rejection of its tokenomics proposal for ATOM 2.0 has left many investors disillusioned. The failure of the proposed framework, voted down by the Cosmos community, has dealt a significant blow to the project's prospects, raising questions about its future in an increasingly competitive blockchain ecosystem. As the pressure mounts, Cosmos (ATOM) must find a way to reassert its value and regain investor confidence or risk being overshadowed by more innovative and adaptable projects. Join Presale: https://buy.yachtify.market Website: https://yachtify.market Telegram: https://t.me/yachtify Twitter: https://twitter.com/yachtify_market Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
374 days agocryptodaily
Navigating Towards Financial Success with Yachtify (YCHT): Outshining Axie Infinity (AXS) and Polygon (MATIC)
Yachtify (YCHT) sets a course for financial success by offering a unique investment opportunity in the maritime industry, outshining established projects like Axie Infinity (AXS) and Polygon (MATIC). By democratizing yacht ownership and enabling users to capitalize on the lucrative yacht rental market, Yachtify provides investors with a distinctive and promising avenue for portfolio growth. >>>> BUY YACHTIFY TOKENS <<< Yachtify (YCHT): A Promising Alternative Investment Yachtify (YCHT) presents a unique opportunity for investors to participate in the world's first fractional yacht investment platform, offering an innovative solution for earning passive income through boat ownership. By allowing investors to buy, sell, and rent real-world yachts in fractions, Yachtify (YCHT) democratizes access to an exclusive market that was previously reserved for the wealthy. Yachtify's upcoming presale offers investors an enticing opportunity to join the project at an early stage. With the native token, $YCHT, priced at just $0.10 per token during the presale, participants can secure their stake in this groundbreaking venture at an attractive entry point. Moreover, investors who join the presale may also benefit from exclusive bonuses, further enhancing the potential returns on their investment. As the crypto space continues to evolve, Yachtify (YCHT) stands out as a promising alternative to traditional investments. With its unique fractional ownership model, a recession-proof maritime industry, and an accessible entry point through the presale, Yachtify (YCHT) is poised to revolutionize the yacht market and offer investors a chance to navigate toward financial success. Axie Infinity (AXS) Encounters Hurdles in the Competitive Crypto-Gaming Sector Axie Infinity (AXS), a pioneering blockchain gaming platform, has made headlines for its innovative use of non-fungible tokens (NFTs) to represent in-game assets such as characters, items, and land. Axie Infinity (AXS) play-to-earn model has attracted a massive user base, driving the creation of a thriving market for NFTs and gaming tokens. Axie Infinity (AXS) high-profile partnerships with industry giants like Samsung, Ubisoft, and Binance further demonstrate the potential for blockchain-based gaming. However, despite these accomplishments, Axie Infinity (AXS) confronts challenges in the rapidly evolving crypto-gaming landscape. As new projects and competitors emerge, Axie Infinity (AXS) must adapt and consistently innovate to stay ahead of the curve and maintain its competitive edge in the industry. Polygon (MATIC) Struggles to Prosper Polygon (MATIC) has recently faced difficulties, raising questions about the reasons for its underperformance. Factors such as market capitalization, the team's emphasis on network development, and previous growth cycles have all contributed to the token's downturn. For example, with a market cap of around $10 billion, Polygon (MATIC) has already gone through its price discovery phase, which could limit its growth potential compared to smaller, emerging projects. Furthermore, the Polygon (MATIC) initial growth cycle saw its value skyrocket from $0.04 to a high of $2.59. After peaking close to $3 at the beginning of 2022, Polygon (MATIC) growth may have plateaued, a common phenomenon for many cryptocurrencies following rapid expansion periods. In light of these challenges, investors might consider exploring alternative opportunities such as Yachtify (YCHT), which offers a unique investment proposition through its fractional yacht ownership model and access to the recession-proof maritime industry. As Polygon (MATIC) wrestles with these obstacles, Yachtify (YCHT) emerges as an appealing option for investors seeking portfolio diversification and potential growth. Join Presale: https://buy.yachtify.market Website: https://yachtify.market Telegram: https://t.me/yachtify Twitter: https://twitter.com/yachtify_market Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
376 days agocryptodaily
Injective (INJ), Kava (KAVA) Shows Bearish Market Movement As Yachtify (YCHT) Keeps Surging Higher
Many cryptocurrencies have lost value during the bear season, such as Injective (INJ) and Kava (KAVA). Investors are looking for potential new technologies to invest in for the upcoming bull run because the price of current outdated coins is declining. Yachtify has a lot of development potential and might very well end up being a blue-chip cryptocurrency. Injective (INJ) High Withdrawal Fee Despite Bearish Run The launch of the WazirX INR market for Injective (INJ) demonstrates the exchange's dedication to growing its offerings and giving customers a variety of trading options. The action is a big step toward satisfying the changing needs of the Indian crypto community and is a response to the rising demand for INR trading pairs. Users could withdraw Injective (INJ) a few days after the listing, according to a recent blog post from WazirX, ensuring easy access to their money. The Indian exchange firm recently declared that it has stopped providing services of the Non-Fungible Tokens (NFT) marketplace, despite the positive news of the Indian Rupee's listing on the platform. TheNewsCrypto media reports that the WazirX exchange charges a 30.43 USDT withdrawal fee for withdrawals of at least 60.80 USDT. In spite of this knowledge, Injective (INJ) has traded poorly during the last 24 hours. The price of the digital coin Injective (INJ) has dropped by 2.41%, and Injective (INJ) is now trading at $7.43; $7.38 acts as a support level, and $7.96 acts as a resistance level. Market Structure Shows Kava (KAVA) Price Analysis At the time of writing, Kava (KAVA) is ranked 99th on CoinMarketCap. The forecast for the price of Kava (KAVA) in 2023 is described below with a daily time period. Horizontal channel patterns, commonly referred to as sideways trends, were put down by Kava (KAVA). The horizontal channel typically develops during a period of price consolidation. In this pattern, the price action is contained between the horizontally parallel upper trendline, which links the highs, and the lower trendline, which connects the lows. As the buying and selling points are consolidating, a horizontal channel is frequently regarded as one of the effective patterns for timing the market. The cost of kava (KAVA) was $0.7931 at the time of analysis. The price of Kava (KAVA) may rise to the resistance levels of $0.847 and $0.954 if the pattern trend persists. The price of Kava (KAVA) may drop to support $0.754 if the trend changes. >>>> BUY YACHTIFY TOKENS <<< Yachtify Revolutionizing Yacht Industry through Digital Finance With its fractional private boat ownership model, Yachtify Protocol offers investors a special chance to participate in a maritime sector with numerous revenue sources that is recession-proof. By doing this, we let crypto users access the wealthy and powerful's private yacht market. Yachtify is conducting a presale that is in Stage One and costs $0.1 right now. For as long as they have the tokens, presale investors can profit from a portion of the platform fees. In more tangible terms, they can profit from their ownership by renting out the yacht they own. Investors can feel secure knowing that the liquidity will be permanently locked and that the Yachtify network has completed an InterFi network KYC. Find out more about the presale: Website: https://yachtify.market/ Presale: https://buy.yachtify.market/login Twitter: https://twitter.com/yachtify_market Telegram: https://t.me/yachtify Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
409 days agocointelegraph
OpenSea advanced NFT marketplace sparks mixed community reactions
A community member believes that the move will enhance user experience in the space while another thinks that OpenSea “failed to rock the boat.”
2374 days agocryptodaily
Morgan Stanley CEO Gorman plays down Bitcoin growth
If there is one subject that seems to divide the large financial investors and investment banks, it is Bitcoin! While the stunning year the cryptocurrency has seen to date has amazed all with its 700% growth, some have not always been too complimentary about it. One exception to that had been Morgan Stanley CEO James Gorman who, while not gushing in praise, had not been overly critical of it. In recent comments though, it seems he may now be taking a more cautious stance on Bitcoin. Gorman hints at speculative bubble Although his recent reported comments were not scathing as such, he did take time to point out a few concerns he had around the cryptocurrency. The first was that he didn't think the attention Bitcoin was currently getting was deserved or healthy. It seems he fears that the widespread popularity of the cryptocurrency may be leading to a speculative bubble to build up. In his opinion, the fact that the popular cryptocurrency has shot up by so much in a relatively short space of time is proof in itself of the speculative nature of the Bitcoin market. Worries over stability of investment On the face of it, the main worry about an overheated and speculative Bitcoin market lies in what might happen if the bubble were to burst. If the market price were to take a sudden dive down, it could obviously spell financial disaster for a lot of investors (many normal members of the public) who had jumped on the bandwagon. This kind of financial crisis is not what Wall Street, or indeed the world, needs after the last one. Is it really sour grapes? Of course, many Bitcoin advocates who have experienced great success by buying into the cryptocurrency early believe these sentiments from Gorman to be sour grapes. In some quarters, it is thought that the major banks like Morgan Stanley are simply upset at missing the boat on Bitcoin and the huge returns it has seen. It is also thought by some that they do not like the way that Bitcoin opens up their world and the riches it can bring to normal members of the public to profit from.
2374 days agocryptodaily
Morgan Stanley CEO Gorman plays down Bitcoin growth
If there is one subject that seems to divide the large financial investors and investment banks, it is Bitcoin! While the stunning year the cryptocurrency has seen to date has amazed all with its 700% growth, some have not always been too complimentary about it. One exception to that had been Morgan Stanley CEO James Gorman who, while not gushing in praise, had not been overly critical of it. In recent comments though, it seems he may now be taking a more cautious stance on Bitcoin. Gorman hints at speculative bubble Although his recent reported comments were not scathing as such, he did take time to point out a few concerns he had around the cryptocurrency. The first was that he didn't think the attention Bitcoin was currently getting was deserved or healthy. It seems he fears that the widespread popularity of the cryptocurrency may be leading to a speculative bubble to build up. In his opinion, the fact that the popular cryptocurrency has shot up by so much in a relatively short space of time is proof in itself of the speculative nature of the Bitcoin market. Worries over stability of investment On the face of it, the main worry about an overheated and speculative Bitcoin market lies in what might happen if the bubble were to burst. If the market price were to take a sudden dive down, it could obviously spell financial disaster for a lot of investors (many normal members of the public) who had jumped on the bandwagon. This kind of financial crisis is not what Wall Street, or indeed the world, needs after the last one. Is it really sour grapes? Of course, many Bitcoin advocates who have experienced great success by buying into the cryptocurrency early believe these sentiments from Gorman to be sour grapes. In some quarters, it is thought that the major banks like Morgan Stanley are simply upset at missing the boat on Bitcoin and the huge returns it has seen. It is also thought by some that they do not like the way that Bitcoin opens up their world and the riches it can bring to normal members of the public to profit from.

About BOAT?

The live price of BOAT (BOAT) today is ? USD, and with the current circulating supply of BOAT at 73,026,022.15 BOAT, its market capitalization stands at ? USD. In the last 24 hours BOAT price has moved ? USD or 0.00% while ? USD worth of BOAT has been traded on various exchanges. The current valuation of BOAT puts it at #0 in cryptocurrency rankings based on market capitalization.

Learn more about the BOAT blockchain network and how it works or follow the price of its native cryptocurrency BOAT and the broader market with our unique COIN360 cryptocurrency heatmap.

BOAT Price? USD
Market Rank#0
Market Cap? USD
24h Volume? USD
Circulating Supply73,026,022.15 BOAT
Max SupplyNo data
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