“We can only speculate, but when you measure it in terms of dollars, you have to think [Bitcoin’s] going to infinity,” Powell said in a March 4 interview with Bloomberg. Pushed to be more specific, he said, “I think $1 million as a price target within the next 10 years is very reasonable.”
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Shark Tank investor Kevin O'Leary was a secret Bitcoin hodler and public naysayer (Photo: Stansberry Research)Bitcoin headed to $20T: Shark Tank’s Kevin O’Leary
The one-time crypto naysayer has changed his tune—and come out as a long-time hodler—thanks to regulators’ recent embrace of Bitcoin exchange traded funds
During an interview with market research firm Stansberry Research, O'Leary said that a target price of $100,000 per Bitcoin does not seem improbable to him anymore. O’Leary, who once said he would never invest in Bitcoin, admitted that he has had both Bitcoin and Ether investments since 2017, but “not really been able to speak about it because regulators really frowned on it.”
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Apparently a $40 million fine doesn't faze the world's second-richest man (Photo: Elon Musk/Twitter)Elon Musk trolls SEC… again
A week after saying he thinks it ‘would be great’ if he were investigated for his Dogecoin tweets, Tesla’s chairman posted a meme taking credit for shoring up DOGE’s price
Elon Musk seems serious about angering the SEC with his memes. Despite the rumors about the regulators investigating his Dogecoin-promoting tweets, he posted another relevant meme on March 1, claiming that his memes have protected DOGE’s price.
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Kraken looks for $10B valuation as Coinbase prepares to go public
The U.S. based exchange’s funding round set to value it at as much as $20 billion, while larger rival Coinbase’s S-1 filing could see it worth $100 billion
Kraken is in talks with firms including Fidelity, Tribe Capital and General Atlantic to raise the funds. However, if demand is as high as some suspect it will be, Kraken’s value could exceed $20 billion. That follows yesterday’s news that its larger competitor, Coinbase, filed a Form S-1 with the U.S. Securities and Exchange Commission, confirming reports that it will go public with a direct stock listing, probably on Nasdaq.
