Displaying items by tag: Nigel Green

The Bitcoin price is likely to hit US$50,000 before the end of this month amid rising geopolitical tensions and growing institutional investments, predicts the CEO of one of the world’s largest independent financial advisory, asset management and fintech organisations.

Global financial advisory and fintech organisation deVere Group has unveilled a new and exclusive product linked to the movements of cryptocurrencies Bitcoin and Ethereum.

With Elon Musk able to influence the price of various cryptocurrencies up or down based on what he tweets, concern is growing, for with great power comes great responsibility, and no-one really knows how responsible Musk is, or isn’t.

Greater regulatory scrutiny of cryptocurrencies such as Bitcoin must become a priority as they continue to play an increasingly normalised role for investors, according to Nigel Green, the CEO and founder of independent global financial advisory organisation de Vere Group.

The recovery from a coronavirus-triggered recession will usher in a new era in which how we live, do business and invest will fundamentally change, according to Nigel Green, the CEO and founder of independent global financial advisory organisation de Vere Group.

Bitcoin’s new normal bottom is US$10,000, according to the chief of one of the world’s largest independent financial advisory organisations, deVere Group.

Bitcoin is now becoming a “safe haven asset” and predicted to hit $15,000 in the wake of the devaluation of China’s currency, with the cryptocurrency jumping 10 percent as global stocks reacted to the devaluation of the yuan and the China-US trade war intensified, according to the chief of one financial analyst firm.

US lawmakers’ stance on cryptocurrencies is outdated and bordering on negligent, the founder and chief executive of independent financial advisory organisation, deVere Group, Nigel Green, has claimed.