Bitcoin is a leading digital currency known for its volatility and significant price movements, recently experiencing inflows of two billion related to ETFs. Over the last two years, Bitcoin has increased by around 100%, continuing to garner attention for its potential future growth, with some predicting it could reach a million dollars. Despite facing sell-offs, Bitcoin remains a benchmark in the cryptocurrency market, outperforming most traditional and digital assets over multiple periods.
“So Bitcoin up 173 at 74418. So Bitcoin doing rather well right now.”
“We launched SoFi Pay, which is using Bitcoin to send money internationally... SoFi B buy, sell, and hold in December, and then SoFi USD stablecoin.”
“We launched SoFi B buy, sell, and hold in December.”
“I think what you've seen in the sector since the beginning of the year is uncertainty around interest rates and the naming of a new Fed chair. I think we'll start to put some stability under the market as it relates to interest rates. We'll have to see how things transition... but we have very little revenue from it today.”
“Well, its Bitcoin yield now is negative. If it attempts to buy any Bitcoin, it will actually deliver a negative yield to its shareholders.”
“But that doesn't make sense for what crypto has actually ended up becoming, which is the entire infrastructure layer of the autonomous AI economy.”