Logo
Cardano Ecosystem

Cryptogazette

11/13/2021

·

324 views


DeVere Group CEO Reveals Predictions On Bitcoin, Solana, Cardano, And Ethereum

It’s been just revealed that the financial services firm deVere Group CEO Nigel Green predicted the timeframe for the Bitcoin... The post DeVere Group CEO Reveals Predictions On Bitcoin, Solana, Cardano, And Ethereum first appeared on CryptoGazette - Cryptocurrency...

DeVere Group CEO Reveals Predictions On Bitcoin, Solana, Cardano, And Ethereum

It’s been just revealed that the financial services firm deVere Group CEO Nigel Green predicted the timeframe for the Bitcoin bull run while offering his predictions on three competing smart contract platforms.

The online publication the daily Hodl notes that Green says that the price of Bitcoin could continue rising until Q2 of 2022. This is happening amidst inflation rise.

“This latest data out of the U.S. will only compound global fears about inflation as price pressures run hot around the world…And it’s one that is likely to last until at least the beginning of the second quarter of 2022 when pressures should start to ease.”

Green said the following:

“Against this backdrop, and amid some peaks and troughs along the way as markets never move in a straight line with traders taking profit, we can expect to see the price of Bitcoin and other major cryptocurrencies continue their skywards trajectory…”

He also said that Bitcoin is widely regarded as a shield against inflation.

Bitcoin vs. gold

He made sure to point out the following issue: Bitcoin has outdone gold as a hedge against inflation.

“In this inflationary period, Bitcoin has outperformed gold, which has been almost universally hailed as the ultimate inflation hedge – until now.”

The online publication the daily Hodl notes that Green also says that the appreciation in Bitcoin’s price will positively impact other crypto assets, including Ethereum (ETH), Solana (SOL), and Cardano (ADA).

“Bitcoin’s gravitational pull on other digital assets will show itself again this week, pulling up other major cryptocurrencies as it maintains its own strength. We can expect those cryptos involved with fintech development, such as Ethereum, Solana and Cardano, to do particularly well.”

At the moment of writing this article, BTC is trading in the red and the king coin is priced at $64,788.70.

Stay tuned for more news.

AD

World’s First Multi-Token ISPO — By Genius X - Starts on 12th of September, epoch 363!

Genius X, a revolutionary launchpad and business accelerator helping Web3 startups attain speed, scale, and edge, is thrilled to announce the world’s first Multi-Token ISPO.I WANT TO KNOW MORE!


Read Original Article on Cryptogazette

ORIGINAL SOURCE

https://cryptogazette.com/devere-group-c...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


NotifyLog - One stop tool for events tracking and analytics

More from Cryptogazette

See more
Cardano (ADA) Developer Addressed The Latest Incident
Cryptogazette
Cardano (ADA) Developer Addressed The Latest Incident

last Wednesday at 9:05 AM

·

9 views

Related News

See more
WingRiders Governance Token

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)
NotifyLog - One stop tool for events tracking and analyticsWorld’s First Multi-Token ISPO — By Genius X