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Crypto News Roundup for Feb. 5, 2020

With the price of bitcoin headed back towards recent highs, Markets Daily is back with another crypto news roundup.

By Adam B. Levine, John Biggs
Updated Dec 6, 2022, 6:28 p.m. Published Feb 5, 2020, 5:00 p.m. 1 min read
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Today's news:

Bitcoin Sees Bull Revival as Price Bounces Above $9.4K

Galaxy's Novogratz: XRP Will 'Underperform Immensely Again This Year'

Ethereum Incubator ConsenSys Slashes Headcount 14% in Latest Strategic Shift

Iowa Caucus App Fiasco Shows Need for Open Source Transparency

LISTEN: What Sex Workers Want From Crypto

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Bitcoin's wild days are over — and Trace Mayer says that's a good thing

Par James Van Straten, AI Boost|Édité par Jamie Crawley
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Trace Mayer (Trace Mayer)

The creator of the Mayer Multiple argues bitcoin’s growing economic substance is compressing volatility and attracting deeper capital.

Ce qu'il:

  • Bitcoin volatility has dropped from around 120 in 2017 to 35 as institutional participation and options markets add stability to the asset.
  • Mayer believes lower volatility makes bitcoin more investable for corporations, family offices, and institutional investors.
  • Despite long-term concerns around miner security incentives and quantum computing, Mayer remains bullish...
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