Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bitcoin Could One Day Have a $100 Trillion Market Value

SQ, BTBT, C.GBLC

By now, you’re well aware of cryptocurrencies, like Bitcoin. You’ve seen retail and institutional investors piling in, driving such digital currencies to unimaginable highs. Square Inc. (NYSE:SQ) , for example, just bought approx. $170 million worth of Bitcoin. MicroStrategy Inc. (NASDAQ:MSTR) picked up about $1 billion of Bitcoin. Even the cryptocurrency miners have benefited from the story, including Bit Digital (NASDAQ:BTBT) and Marathon Patent Group (NASDAQ:MARA) . Plus, there doesn’t seem to be any shortage of bulls.

According to CNBC, “MicroStrategy CEO Michael Saylor has become a leading advocate for bitcoin, calling on other companies to buy the digital token as an investment. He told CNBC he believes bitcoin will one day have a market value of $100 trillion.”

Analysts including Anthony Pompliano, co-founder and partner at Morgan Creek Digital Assets, as noted by CNBC, says Bitcoin could rally to $5,000 by the end of the decade. “I think that bitcoin will eventually rise to become the global reserve currency. I think bitcoin will eventually be much, much larger than the gold market cap,” he told CNBC.

It’s Also Exciting News for Graph Blockchain Inc. (CSE:GBLC)

Graph Blockchain Inc. just announced that Mr. Paul Haber, CPA, CA, C.Dir., has been appointed the new Chief Executive Officer of the Company effective immediately. Andrew Ryu has stepped down from his role as Chief Executive Officer and will assume the position as the Company's Executive Chairman.

"These management changes are aligned with the Company's strategy to focus on cryptocurrency and drive growth in both revenue in the altcoin space and share price," commented Andrew Ryu, Executive Chairman of Graph Blockchain.

Mr. Haber has been involved in corporate finance and capital markets for over 25 years as a banker, investor and serial entrepreneur. He has served as the CFO and Audit Committee Chair of many public and private companies. Mr. Haber started his career with Coopers & Lybrand, now PwC LLP. He is both a Chartered Accountant and a Certified Public Accountant, with an Honours Bachelor of Arts Degree in Management from the University of Toronto. Mr. Haber was awarded his Chartered Director designation from the DeGroote School of Business in partnership with the Conference Board of Canada.

"I am thrilled to take on the CEO role at Graph Blockchain. I am excited on the new direction of Graph and recent acquisition of Babbage Ming Corp. and the restructuring of the company to focus on crypto revenue. I believe this transition should demonstrate to the markets that Graph is focused on being dominant player in this emerging space as point of stake miner," said Paul Haber, CEO of Graph Blockchain Inc.

Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Graph Blockchain Inc. has paid three thousand five hundred dollars for advertising and marketing services to be distributed by Winning Media. Winning Media is only compensated for its services in the form of cash-based compensation. Winning Media owns ZERO shares of Graph Blockchain Inc. Please click here for full disclaimer.

Contact Information:
2818047972
ty@LifeWaterMedia.com