CoinShares CEO Danny Masters believes Bitcoin will pick up this year and surpass the previous summit. But according to Masters, some changes are needed before this happens.
Danny Masters, co-founder of CoinShares, UK-based crypto-money-investment products and research provider, believes Bitcoin will pick up this year and surpass the previous summit.
Bitcoin will pick up this year and surpass the previous summit
Please enter CoinGecko Free Api Key to get this plugin works.But according to Masters, there are some changes that must be made before seeing the 20,000 dollar summit again:
“We should continue building the crypto money structure. We need to see that the storage solutions come and are provided. We need performance metrics and indices that we can begin to understand what we are talking about and measure our performance. We need to do a more mature work on ICOs … and give investors more clarity, transparency, better expectations. ”
Masters, who says that a decisive aspect of Bitcoin is a long-term first-run advantage, said:
“Bitcoin is almost a reserve currency in kripto; everyone is going back to him because he has the infrastructure, because he has the most networking and stock market links – a kind of bedrock. ”
CoinShares, an investment company specializing in crypto money, has launched the world’s first public Bitcoin and Ethereum fund.
Leading crypto coin Bitcoin is trading at $ 8,300 during the broadcast. The total size of the crypto money markets is 380 billion dollars.