Anthony Pompliano revealed an important move that takes place in the crypto space and will definitely promote mass adoption of digital assets. Check out his tweet here.
Grayscale has entered into an agreement with @TIME on a new video series about crypto.
TIME will be paid in bitcoin and has committed to keeping the bitcoin on their balance sheet.
As I continue to say, bitcoin is inevitable.
— Pomp 🌪 (@APompliano) April 12, 2021
‘Doesn’t sound like a very impartial series, lol. Crypto investment firm is paying distributor for exposure. And paying for that distribution in the asset that benefits from the exposure,’ a follower said.
A commenter said: ‘Is Greyscale paying for @Times to produce the video series about themselves? I’m excited, but is this just a paid advertisement?’
Someone on Twitter said: ‘So now a news outlet accepting paid promotions is shilling? I was under the impression this has been the business model forever.’
A follower posted this message: ‘Is Greyscale paying for @Times to produce the video series about themselves? I’m excited, but is this just a paid advertisement?’
Bitcoin can reach $1 million in 2021
Earlier today, we revealed that there had been a lot of optimistic predictions about the price of Bitcoin and now a bold one is popping up in the crypto space, and it’s coming from Raoul Pal.
During an interview with Dr Julian Hosp, Pal said that from his perspective, Bitcoin’s current bull cycle looks a lot like the 2013 cycle, as reported by the online publication the Daily Hodl.
His predictions are based on previous BTC cycles, and he said that the “overbought” region where Bitcoin could hit a wall and correct is roughly at the $400,000 level.
At the moment of writing this article, BTC is trading in the green, and the coin is priced at $60,016.34.