Thriller Insights - S4EP10: Bitcoin Santa Rally

09/11/2020 30 min

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Episode Synopsis

News gathered from Coindesk, Glassnode, Forbes, ByteTree
Bitcoin had yet another impressive week, starting at $13,712 and finishing up the week at $15,486.
The GrayScale Bitcoin Trust is outperforming gold exchange-traded funds, a trend perhaps driven by institutional investors like family offices, according to a report by JPMorgan analysts that CoinDesk obtained.
“If everyone’s got a digital wallet and CBDCs, which aren’t backed by anything anyway, are de rigueur, then all of a sudden bitcoin looks great. It will assume the role that gold served with regards to legacy money, and all the other…