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Bitcoin's path to $100,000 is less important than its potential impact on the corporate world over the next decade, Wedbush says

From markets.businessinsider.com

Bitcoin's path to $100,000 per coin is less important than its potential impact on the corporate world over the next decade, according to Wedbush. In a note to clients on Thursday, Wedbush's Dan Ives said that the story around bitcoin is much larger than its "potential path/timeline to $100,000." The analyst argued the important theme when it comes to cryptocurrencies is "the potential ramifications that crypto, blockchain, and Bitcoin could have across the technology and corporate world for the next decade." Ives said moves into blockchain technology and cryptocurrencies could surge over the coming years after ... (full story)

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  • Category: Fundamental Analysis