Pal has been especially positive about where he sees the space heading. You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. See 2013 for details.” Source: Raoul Pal/Twitter Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox Follow us on Twitter, Facebook and Telegram There have been a lot of them, especially about Bitcoin lately. — Raoul Pal (@RaoulGMI) March 5, 2021 It’s been revealed that in Pal’s chart, Bitcoin might potentially lose over 17% from its current value of $48,689 as it … The statements from Pal and Cuban come as Ethereum and DeFi enjoy continued growth. Filmed on March 12, 2020 in … Decentral Media, Inc. is not an investment advisor. In crypto’s last bull market, Bitcoin memorably soared to $19,600. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities. They both said they own crypto. “Just the cost of moving crypto to AAVE is crazy expensive and the number of non-crypto options will increase,” he said, highlighting Ethereum’s widely-criticized gas issues. In December, DeFi, DeFi is often described as Ethereum’s “killer app,” despite competition from the likes of, Ethereum has also made significant progress since early 2020, launching its long-awaited. “As thousands of projects, all pushing boundaries, go through the same survive-or-die and then network effects, the entire ecosystem rises… As the internet of value and trust accelerates, it is going to destroy more large old business models than maybe the internet itself. On the heels of its all-time high, the price of Ethereum has skyrocketed from $90 to over $1,200 in one year. The former Goldman Sachs manager adds that many of today’s analysts and investors are missing the big picture as they look at Bitcoin through a conventional lens. I think it outperforms all year but I still own much more BTC but have been adding to ETH. Ethereum has also made significant progress since early 2020, launching its long-awaited Serenity upgrade and prepping its EIP-1559 “ETH buyback” adjustment. The price of Ether has risen, jumping 483% in 2020. Next stop will be higher risk alts…. More risk = smaller size. Cuban is one of America’s most famous entrepreneurs. This is an episode of Off The Chain with host Anthony "Pomp" Pompliano and guest, Raoul Pal, the CEO of Real Vision Group. “Remember the Bitcoin Super Massive Black Hole? In another series of tweets, Pal notes that Bitcoin is vastly outperforming mainstream assets including stock indices, commodities, and bonds. +75% versus the S&P 500, +86.5% versus the NDX (Nasdaq-100), +101% versus gold, +75.5% versus Emerging Market equities, +33% versus oil, +55% versus Copper, +103% versus bonds, +55% versus the G4 Central Bank Balance Sheet.”. “Gold – At the last chance saloon? The renowned investors engaged in discussions on Twitter this week, discussing Bitcoin, Ether, and various other cryptocurrencies. Pal painted an extremely bullish picture, predicting a $20,000 price target for Ethereum. Crypto Livewire, ABOUT US | EDITORIAL POLICY | PRIVACY POLICY Published on: January 27th, 2021 This article is the accumulation of Raoul’s thinking around the Digital Asset space as he has become more deeply involved and begun to understand the different assets and narratives that drive them. Cuban's nuanced discussion of Aave revealed a depth of DeFi knowledge that surprised many crypto natives. He’s known for owning the Dallas Mavericks and appearing on the ABC TV series Shark Tank. How did it become the asset of choice for a group of anti-establishment retail traders in January 2021, and what are the chances... AAVE, the popular DeFi lending protocol, has released version two of its protocol. Macroeconomics guru Raoul Pal is revealing why he thinks Bitcoin will climb to $1 million by 2026.In a new interview, Pal says that the laws of supply and demand are working in Bitcoin’s favor, creating a feedback loop that's attracting a larger number of institutional investors. 124. Pal highlights that the monthly chart has also printed a DeMark sequential count of 9. Macro guru Raoul Pal says that investing in anything besides Bitcoin and the crypto markets is starting to look pointless. In a series of tweets, the former Goldman Sachs fund manager says he cannot understand the aversion in some quarters to exploring the full digital asset spectrum. He believes that the market cap of BTC and crypto could surge by more than 100 times from the current valuation of about $1.7 trillion. It is approaching monumental support… Gold has a high chance of reversing around here… but if it doesn’t, we might see a full wash out of speculative positions.”, Crypto headlines delivered dailyto your inboxBTC, ETH, XRP news alert options. Ether hit a high of $1,420 at that time, a mark-up of around 15% on its current value. Many won’t. Raoul Pal drops a pretty optimistic crypto prediction these days. I think btc, eth , a few others will be analogous to those that were built during the dot-com era, survived the bubble bursting and thrived, like AMZN, EBay, and Priceline. Real Vision Co-Founder and CEO Raoul Pal updates our members on the status of the company during this coronavirus outbreak and how this will impact our programming. Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. I know this sounds grandiose and hyperbolic, but the TAM (total addressable market) of the transfer, storage, accretion of value is the largest and most valuable on earth.”. 268 votes, 23 comments. In an interview with Peter McCormack on the What Bitcoin Did podcast, the former Goldman Sachs executive says that the seven-figure mark is his peak bull cycle target for the flagship cryptocurrency if the BTC chart goes parabolic to the extent it has in previous cycles. Cuban's nuanced discussion of Aave revealed a depth of … Gold is now ignoring the dollar, rates and any other correlation and just falls every day. However, Pal says the correction will help keep the current bull market sustainable. Tidal Raises $1.95M to Bring Decentralized Insurance to The Fast Growing De... Raoul Pal and Mark Cuban took to Twitter to discuss pain points and advantages of cryptocurrencies. However, former Goldman Sachs employee Raoul Pal believes the rally won’t stop there and has made a highly bullish prediction. Aave’s founder, Stani Kulechov, also replied to say that Aave would be expanding to Layer 2 in the hope of reducing gas costs. Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology, Bitcoin • Ethereum • Trading • “All perfectly normal and reasonable… Then it goes to the moon. In December, DeFi hit 1 million regular users, though most institutional investors are currently more focused on Bitcoin. Cuban’s comments about the lending protocol caught the attention of many members of the crypto community, partly because it’s seen to occupy a relatively niche subsect of the cryptocurrency space. That’s still short of the token’s all-time high and way off Pal’s $20,000 target. Mark Cuban also shared some of his views on cryptocurrencies and, He went on to say that he has owned crypto “from the early days of, The statements from Pal and Cuban come as Ethereum and DeFi enjoy continued growth. Of that figure, Aave accounts for over $3 billion. Source: Raoul Pal/Twitter. Raging bitcoin bull Raoul Pal’s thoughts are turning to the altcoin market. Continue browsing if you are happy with that, or see, Authenticator Alert – Securing Your Crypto, BTCST Taps TRON’s Fast Throughput and Low Fees to Grow Its Ecosystem, Terra Virtua and Ethernity Announce Strategic Partnership to Advance Digital Art World and NFTs, Ndau Wallet Does Away With Staking Middlemen, BTSE’s Series A Fundraising Round Achieves a $400M Valuation, SuperFarm Partners With Polygon for NFT Farming and L2 Integration, Bitcoin Bull Cycle Will End on This Date, Says Crypto Trader Ben Armstrong, Ripple Settles XRP Lawsuit With YouTube Over Crypto Giveaway Scams, Vast Majority of Accredited Investors Plan To Buy Cryptocurrency This Year: Survey, Goldman Sachs Executive Says Use of Crypto Assets Is Set To Explode – Here’s Why. He went on to say that he has owned crypto “from the early days of Coinbase” and makes an effort to “try to test and use all this stuff,” in response to a comment on his interest in Aave. Photo: Twitter. Still, Cardano Poised for Volatility as Bulls Grapple for Control, Ethereum Miners Protesting EIP-1559 Has Accelerated Upgrade to ETH 2.0, For Many in the Sex Industry, "Bitcoin Is the Only Option", Reef Finance Debuts as the First Polkadot Project on Binance Launchpool. In a new series of tweets, Pal tells his 422,100 followers that the value of the entire cryptocurrency market will exponentially exceed the expectations of today’s investors. However you look at it, 2020 was a year of seismic change for the crypto industry and beyond. The Real Vision executive is also keeping a close watch on gold as he says the precious metal is trading at a critical level. ADVERTISEMENT “This space will not be a $1.7 trillion ecosystem as it is today but a … Mark Cuban also shared some of his views on cryptocurrencies and DeFi. He asked his social media followers whether or … Pal has been especially positive about where he sees the space heading. Shill me your coin but with a quality paragraph WHY I should look at it. Published on: March 12th, 2020 • Duration: 4 minutes. “I’m finding it fascinating to see traditional finance and business people first trying to get their heads around BTC, then other crypto protocols, then Defi and now NFTs. Macroeconomics guru and Real Vision co-founder Raoul Pal predicts that the entire cryptocurrency ecosystem will be worth hundreds of trillions of dollars as Bitcoin sucks liquidity from other asset classes. That’s still short of the token’s all-time high and way off Pal’s $20,000 target. We do not give personalized investment advice or other financial advice. Pal also spoke of the higher risk of other lesser-known cryptocurrencies. Real Vision Finance co-founder Raoul Pal says a $1 million price tag on Bitcoin could be in the cards for this bull cycle. Mark Cuban and Raoul Pal are the latest big players to share their thoughts on crypto’s future. Pal suggested that he thinks Ether could hit as high as $20,000. In a thread posted yesterday, he suggested that Ether could outperform Bitcoin this year and even. In a new series of tweets, Pal tells his 422,100 followers that the value of the entire cryptocurrency market will exponentially exceed the expectations of today’s investors. Join the conversation on Nano, a cryptocurrency with ultrafast transactions and … Blockchain • Regulators • Market cap and the number of addresses in Ethereum indicate rapid growth. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information. “This space will not be a $1.7 trillion ecosystem as it is today but a multi-hundred trillion dollar ecosystem eventually. The Real Vision head offers one simple explanation for his gloomy BTC forecast. His net worth is estimated to be around $4.3 billion. Pal notes that the confluence of top signals across multiple timeframes points to the possibility of a substantial pullback. When known crypto proponent Tyler Winklevoss replied to one of his points, Cuban spoke about Aave, one of the leading DeFi protocols on Ethereum. “And concerningly, the monthly has put in a 9 top.” Source: Raoul Pal/Twitter. Still, some indicators suggest that the current market cycle is far from over yet. Well, how is it doing this year? This year, it’s been on a parabolic run alongside Bitcoin. Get daily crypto briefings and weekly Bitcoin market reports delivered right to your inbox. The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. EXACTLY. My knowledge base is low, so treat me like the idiot I am (nicely) "Adoption. Earlier this month, he made the same prediction, sharing the view that Ether is trailing Bitcoin by one market cycle. By the way, ETH is up 60% in the first 14 days of the year. In a recent talk with Ash Bennington on Real Vision Finance, Pal highlights that Bitcoin is the only asset class that has witnessed a legitimate long-term rally when compared to the Fed’s balance sheet. Featuring Raoul Pal . Pal painted an extremely bullish picture, predicting a $20,000 price target for Ethereum. The information on this website is subject to change without notice. So what is the story behind DOGE? Source: Raoul Pal/Twitter. but much much smaller. In a thread posted yesterday, he suggested that Ether could outperform Bitcoin this year and even hit a price of $20,000 sometime in the future. The DeFi market is making a roaring comeback after two months of losses in the wake of Bitcoin’s run-up. https://www.celebsolino.com/raoul-pal-net-worth-bio-age-height-weight TERMS AND CONDITIONS | CONTACT, We use cookies to give you the best online experience possible. , sharing the view that Ether is trailing Bitcoin by one market cycle. DeFi is often described as Ethereum’s “killer app,” despite competition from the likes of Polkadot and Solana. In a series of tweets, Pal stated that the fundamentals and growth of Ethereum are the same as Bitcoin 5 years ago. Raoul Pal and Mark Cuban took to Twitter to discuss pain points and advantages of cryptocurrencies. Failing to see the potential of crypto On Twitter… At every single stage in the rapidly evolving ecosystem, they have used mean-reversionist thinking as opposed to exponential network effects analysis and therefore everything looks like a bubble or a misallocation of capital.”. It’s trading at $1,157 today. Ether hit a high of $1,420 at that time, a mark-up of around 15% on its current value. Pal highlights that while not all crypto projects will survive, those that do will innovate and initiate the rapid growth of the industry. Raoul Pal is a bitcoin bull and he’s said many times that the decentralized crypto asset is extremely “hard money.” This week on Twitter, Pal discussed a few denominators people leverage to measure things in economics. “More risk = smaller size,” he said, in reference to his own portfolio. You can embrace change or fight it, but you owe it to yourself to understand it as the pace of innovation is going exponential too.”. Ripple and XRP • Altcoins • The Total Value Locked (TVL) in DeFi has surged from $600 million in early 2020 to $22.5 billion today, according to DeFi Pulse. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. Scams • Crypto101 • HodlX • Explore • Futuremash • Watching the cryptos trade, it’s EXACTLY like the internet stock bubble. Close. 77.6k members in the nanocurrency community. Mark Cuban and Raoul Pal have shared their predictions on the future of the crypto space. Raoul Pal: The Inconvenient Truth About Crypto. Thus, the break above the $1,450 mark, the all-time high, seems imminent. Share on Facebook Share on Twitter Former Goldman Sachs employee Raoul Pal predicts a $20,000 price target for Ethereum, based on Bitcoin’s historical performance. By joining The Daily Hodl news list you agree to our Terms and Conditions and Privacy Policy. Let's help Raoul Pal on Twitter find Cardano- "Im going to add a basket of 10 alts to my BTC and ETH bets, using this dip. In crypto’s last bull market, Bitcoin memorably soared to $19,600. He compared the market landscape to the Dot-com Bubble, a reference point many have used when pondering crypto’s future. “And that fits with the seasonals for first 2 to 3 weeks of March. This news was brought to you by ANKR, our preferred DeFi Partner. Disclosure: At the time of writing, the author of this feature owned ETH and AAVE, among a number of other cryptocurrencies. According to Pal’s chart, Bitcoin might potentially lose over 17% from its current value of $48,689 as it is poised to revisit support around $40,000. The idea was that BTC would massively outperform all other assets, sucking in liquidity as it goes.
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