Stock market investment veteran and co-founder of $ 70 billion fund Mayo Van Otterloo, Jeremy Grantham, has pledged to spend 98 percent of his net worth – approximately $ 1 billion – on what he sees as a race against the ticking time bomb of humanity’s fragile deal with the environment. Bloomberg reports that through his foundation, Grantham and
As China beefs up its cryptocurrency ban and US regulators reject more Bitcoin ETFs, famous faces are reaffirming their beliefs that Bitcoin prices could still hit up to $ 60,000 by 2020.
‘More Stability, Liquidity And Faster Adoption’
In the face of several regulatory setbacks for Bitcoin this week, BTCC co-founder Bobby Lee and Fundstrat Global Advisors’ Tom Lee both went on record in recent days to forecast a turnaround in the fortunes of the largest cryptocurrency.
“When (Bitcoin) passes the USD $ 60,000 price level in the coming years, it‘ll reach a total circulation value of $ 1 Trillion,” Bobby Lee wrote on Twitter yesterday, continuing:
Bitcoin industry stalwart Charlie Shrem has described decentralized cryptocurrencies as “the biggest innovation of his lifetime” amid turbulent activity on markets.
Shrem: My Goal Is Freedom-Giving Technology
In a series of tweets Thursday, Shrem, who returned to the cryptocurrency space following a highly criticized spell in jail, explained how the freedoms associated with ‘true’ decentralized assets and networks are his “goal.”
“I came to help build technology that gives us freedom and I will not stop until I’ve reached my goal. I’ve already had my freedom taken from me once and I never want to see that happen to anyone,” he wrote.