Tim Draper, a billionaire venture capitalist, recently studied the different cryptocurrency custody solutions offered by Coinbase, BitGo, Gemini, Casa Ledger and Anchorage and concluded that more institutional investors should be investing on Bitcoin since secure crypto custody services already exists.
Draper is a bitcoin maximalist who made strategic investments in American cryptocurrency exchange Coinbase and Robinhood who rouse to cryptocurrency prominence when he acquired 30,000 BTC in July 2014 at the US Marshals Service auction.
Draper predicts that by the year 2022 Bitcoin will surge to $250,000 which means the emerging asset class should get about 5% market share of the daily global transactions volume.
According to the Harvard and Stanford graduate this can happen if Bitcoin become one of the primary currencies we use in our day to day transactions.
Headlines for the world of Cryptocurrencies - July 28, 2019
- The Bank of China Published Article On Bitcoin
- LTC is Getting More Bullish
- Cypherpunks Taiwan Erects Bitcoin Satellite Receiver
- New Blockchain-Based Anti-Counterfeiting Solution For Chinese Alcoholic drinks
- Sustained Bitcoin Rally Seen
Headlines for the world of Cryptocurrencies - July 27, 2019
- European Central Bank Moves May Serve As Rocket Fuel For Bitcoin
- Bulk Crypto Orders Now Supported In Binance
- Monex Group To Join Libra Association
- Largest Department Store In Venezuela Now Accepts Petro
- The Next Frontier For Cryptocurrencies
Headlines for the world of Cryptocurrencies - July 26, 2019
- 40% Of Americans Wants To Invest In Crypto
- What It Takes For Mass Adoption Of Crypto
- Bitcoin Becoming A Safe Haven Asset
- U.S. SEC Approves Of Tokens Founded By 8th Grader
- Croatian Post Embracing Crypto
