.bobbyclee sees Bitcoin bouncing back after a long downturn and is optimistic about crypto's future as the U.S. and Hong Kong embrace regulation
Lee sees the crypto market finally breaking through the clouds of a prolonged downturn after weathering a yearlong bear market that pulled Bitcoin's value to a low of $16,000.founder pointed out that the digital currency is now recovering and regaining momentum, telling Bloomberg,"It's been a long time. So, crypto has these four-year cycles...and now we've almost recovered a little bit. So, it's quite exciting.
Lee further argued that cryptocurrency should be considered a financial safe haven compared to traditional fiat money. He explained,"During the banking crisis, people started to realize that when their money is not in the bank, it's not always there necessarily because the money is being lent out to other businesses or the firms.
Lee also expressed enthusiasm about Hong Kong's embrace of cryptocurrency regulation, highlighting the global shift toward greater acceptance and oversight of digital currencies."I'm also very excited about the regulatory embrace of crypto in Hong Kong," he remarked. As the crypto market finds its footing and regulatory frameworks advance, the future of Bitcoin and other cryptocurrencies appears to be on a steady upward trajectory.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Lee Ji Ah Is Attacked By Lee Sang Yoon In “Pandora: Beneath The Paradise”Lee Ji Ah Is Attacked By Lee Sang Yoon In “Pandora: Beneath The Paradise”
Leer más »
WWII veteran bench presses 100 lbs. to celebrate centennial birthdayA man who recently turned 100 years old celebrated his birthday by bench pressing 100 pounds.
Leer más »
Murray Melvin Dies: Veteran Actor In ‘Barry Lyndon’ And ‘Alfie’ Was 90Actor Murray Melvin, whose extensive work in film and on stage was highly respected by his peers, has died from complications from a fall suffered in December. He was 90 and died on April 14, accor…
Leer más »
World War II veteran celebrates 100th birthday alongside his wife of 76 yearsA World War II veteran from Sierra Madre celebrated his 100th birthday on Saturday.
Leer más »
Jessica Chastain Leads Audible’s Alien Abduction Thriller ‘The Space Within’Bobby Cannavale, Ellen Burstyn, Michael Stuhlbarg, Shea Whigham and Carmen Ejogo round out the cast.
Leer más »