According to its proponents, the value proposition of Bitcoin (BTC) was dramatically accentuated on Thursday, when central bankers continued their march towards debasement and uncharted monetary territory. Related Reading: Bitcoin’s Next Bull Run May Be Sparked By S&P 500 Uptrend, Claims Analyst Why Crypto: European Central Bank Cuts Rates, Commences QE For those who missed…
Many had predicted that 2019 would be the year that institutional investment floods into crypto. The timing could not be better as markets are still over 80% down from their all-time highs. Multi-billion dollar global asset manager Morgan Creek Digital (MCD) has acknowledged this with its latest investment. Venture Stage Crypto Asset Investment According to…
Bitcoin (BTC) has long been described as a movement to phase out institutions. But ironically, it is institutions that many cryptocurrency investors have claimed to rely on to boost Bitcoin to fresh all-time highs. Related Reading: Happy 18 Millionth Bitcoin! BTC Scarcity Implies Large Price Rally Yet, as of now, institutions have seemingly yet to have…
Litecoin prices up with huge trade volumes Irresponsible central banks like the FED will fuel crypto resurgence Travis Kling, the Chief Investment Officer at Ikigai Asset Management, believes that the crypto space will flourish as the public loses faith in the FED thanks to their “irresponsibility.” Thus far, Litecoin (LTC) is up 45.9 percent with…
For most of its life, Bitcoin (BTC) was seen as a volatile gamble that was most likely to fail. Just look to the countless obituaries detailing the “death” of the cryptocurrency on this site. But, this narrative has started to change. Year to date, Bitcoin has gained a jaw-dropping 150%, shocking investors the world over.…
The Bitcoin price has been experiencing a sharp rally since last Thursday, when BlackRock filed its application for a Bitcoin spot ETF. Since hitting its local low of $24,819 right along the Tether FUD, the BTC price has risen by over 16% since the BlackRock news broke. Bitcoin Hits $138,070 On Binance US However, this…
While the Bitcoin price hasn’t reclaimed the crucial $60,000 level to reenter the previous 4-month trading range, Ikigai Asset Management Chief Investment Officer (CIO) Travis Kling thinks that the current bearish phase is not more than a “boogeyman.” Via X, Kling listed eight reasons to be bullish on Bitcoin. He stated: “NFA. I’m wrong often.…
Travis Kling, Founder and Chief Investment Officer of Ikigai Asset Management, shared his insights on the current state of Bitcoin and the broader cryptocurrency ecosystem, which he described as following: “Bitcoin is ~10% off of ATHs and the timeline appears to be on the verge of cannibalism.” In a series of detailed posts on X,…
Travis Kling, the founder and Chief Investment Officer of Ikigai Asset Management, is proposing a direct link between the US presidential election outcomes and the Bitcoin price. Via X, Kling delves into the political dynamics and their perceived implications for crypto markets, particularly focusing on the potential re-election of Donald Trump. Why September 10 Could…