all about cryptop referances
Investment management firm Ark Invest has offered three bitcoin price predictions in a new report, including a bull scenario where bitcoin could reach $1.48 million per coin. In other news, a 7zip file possibly linked to activist Julian Assange was reportedly discovered on the Bitcoin blockchain, and billionaire investor Tim Draper has called on the government of Sri Lanka to adopt bitcoin. This and more, just below, in the latest Bitcoin.com News Week in Review.
Investment management firm Ark Invest says bitcoin is “likely to scale into a multi-trillion dollar market.” In its new report, the firm offers three bitcoin price predictions, including a bull case where bitcoin could rise to $1.48 million per coin. Ark Invest CEO Cathie Wood sees bitcoin as “an insurance policy for everyone against confiscation of wealth.
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Billionaire Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, says it is “incredible” what bitcoin has achieved, but believes the cryptocurrency will not be an efficient money, store of value or medium of exchange. Nevertheless, he stressed that “we are in a world where money as we know it is at risk.”
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According to a post on the Reddit community r/bitcoin, an old file was discovered that may be linked to Julian Assange, the whistleblower and founder of Wikileaks. The encrypted 7zip file is in the output script of a transaction that took place on January 5, 2017, and was mined at block height 446,713.
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Billionaire investor and venture capitalist Tim Draper has reportedly tried to convince the Sri Lankan government to adopt bitcoin. However, the Governor of the Central Bank of Sri Lanka rejected his recommendation, stressing: “Activation of 100% bitcoin will never be a reality in Sri Lanka.”
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What are your thoughts on this week’s stories? Let us know in the comments section below.
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