Arthur Hayes Presents Two Mind-Blowing Bitcoin (BTC) Predictions

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Bitcoin to $760,000? Arthur Hayes does not refute this idea in his latest essay bitcoin btc btcusdt $btc

Unlike fiat currencies and gold, which lack definitive value or calculability, Bitcoin's supply is cryptographically finite, making it an ideal choice for any AI seeking a reliable and scarcity-backed digital currency, argues Hayes.

Building upon this notion, Hayes delves into his second prediction, contemplating the potential price surge of BTC should it become the dominant currency of the AI economy. Drawing upon various indicators, including the size of the AI economy, the daily GDP value for 2022, Bitcoin's capitalization to daily transaction value multiple, the velocity of payments and the total supply of

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin will be the currency of artificial intelligence, Arthur Hayes saysBitcoin is the perfect currency for AI systems, thanks to its digital nature, censorship resistance and provable scarcity, according to Arthur Hayes.
Source: TheBlock__ - 🏆 464. / 53 Read more »

Bitcoin ETF Bullish Effect on Bitcoin (BTC) Price Has One More Signal, Analyst SaysSeasoned crypto expert and former senior analyst of Messari Tom Dunleavy foresees huge BTC spot buying, here's why
Source: Utoday_en - 🏆 295. / 63 Read more »

Bitcoin hits new yearly highs as BTC price rebounds to $31.5KBTC suddenly produces new yearly highs after a $30,000 bounce.
Source: Cointelegraph - 🏆 562. / 51 Read more »

Bitcoin (BTC) Price Soars to 13-Month High: Possible ReasonsEarlier today, Bitcoin managed to regain $31,400 level in light of recent news
Source: Utoday_en - 🏆 295. / 63 Read more »

BTC/USD Forex Signal: Bitcoin Price Multi-Timeframe AnalysisBitcoin remained above $30,000 in the overnight session as the recent consolidation continued.
Source: Daily_Forex - 🏆 567. / 51 Read more »

Bitcoin (BTC) Price Builds Basis for Move to $34K: Glassnode Co-founder.Negentropic_ Bitcoin (BTC) price sets stage for surge to $34K, Glassnode co-founder says BTC $BTC
Source: Utoday_en - 🏆 295. / 63 Read more »