blockinsider · 4 months ago
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Bitcoin, Ethereum, Solana Surpass Traditional Assets in EXPAAM’s Recent Ranking
Key Points
Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) have outperformed several traditional assets, according to new data from EXPAAM.
Despite being considered volatile, these digital assets have outshone their traditional counterparts.
The latest data from Exponential Age Asset Management (EXPAAM) reveals that digital assets such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) have significantly outperformed many traditional assets.
This outperformance is noticeable both in the long-term and in the Year-to-Date (YTD) period.
Digital Assets Triumph Over Traditional Ones
Real Vision’s co-founder and CEO, Raoul Pal, shared the EXPAAM data, which displayed the performance of 16 assets, a mix of digital and traditional ones.
Bitcoin was leading in terms of cumulative returns, outperforming other digital assets and traditional ones such as SPDR S&P 500 ETF Trust (SPY), Gold (GLD), Invesco QQQ Trust Series (QQQ), and iShares 20+ Year Treasury Bond ETF (TLT) among others.
The annualized returns of each asset highlight the superior performance of digital assets. This metric measures how much an investment has increased on average each year during a specific period.
Bitcoin has an annualized return of 140%, ETH at 149%, and Solana leading with a 214% surge in gains.
None of the traditional assets performed half as well as any of the profiled cryptocurrencies. Invesco QQQ Trust Series, known for having the highest annualized return among traditional assets, registered only an 18% surge.
Shifting Market Outlook
Despite their volatility, Bitcoin, Ethereum, and Solana have significantly outshone their rivals.
This market performance is likely to challenge the views of critics who have consistently spoken against Bitcoin’s status as a “safe haven”.
In May, healthcare firm Semler Scientific made headlines when it announced its acquisition of $40 million worth of Bitcoins as part of its treasury. However, the economist and gold proponent, Peter Schiff, quickly shared his negative views on the acquisition.
With the growth outlined in the EXPAAM data, critics may find fewer people listening to their anti-crypto opinions. As a result, the crypto industry could see more mainstream adoption in the long run.
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cryptosnewss · 4 months ago
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Raoul Pal Predicts Major Upsurge for Solana: Here’s Why
In a recent video update, Raoul Pal, co-founder of Real Vision and CEO of Global Macro Investor, delves into the current state and future potential of Solana (SOL) and the broader cryptocurrency market. Here, we summarize his key insights and predictions. Raoul Pal begins by discussing Solana’s recent price movements, noting its resilience despite significant volatility. He highlights two major…
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bitcoincables · 9 months ago
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Easy Rallies Underway for Bitcoin Amid Global Currency Debasement, says Raoul Pal
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Former Goldman Sachs executive Raoul Pal believes that Bitcoin (BTC) is seeing "easy" rallies due to the devaluation of fiat currencies worldwide. According to Pal, Bitcoin has historically delivered annual returns of +110%, while the Nasdaq has provided +21% returns, without any additional effort. Pal expects skeptics to push back against these numbers, but he argues that they have been proven wrong for the past decade. Instead of the predicted bear market and economic collapse, the world has experienced financial repression and the devaluation of fiat currencies, artificially driving up asset prices.
Pal advises embracing the current financial landscape and recognizing the power of adoption and the exponential growth of cryptocurrencies. He refers to Bitcoin's rise in line with global liquidity, which he terms currency debasement, where nations devalue their currencies to raise funds without increasing taxes on citizens. At the time of writing, Bitcoin is valued at $42,802.
Read the original article here.
#Bitcoin #fiatcurrency #cryptocurrency #globalcurrencydebasement
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cavenewstimes · 11 months ago
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Legendary Trader Raoul Pal Makes Rare Ethereum vs. Solana Comparison
Legendary Trader Raoul Pal Makes Rare Ethereum vs. Solana Comparison By U.Today Breaking News More Sign In/Free Sign Up 0 ‘; Cryptocurrency Published Dec 03, 2023 06:29AM ET Legendary Trader Raoul Pal Makes Rare Ethereum vs. Solana Comparison U.Today – Legendary crypto trader and investor Raoul Pal has waded into the supremacy debate between the two prominent proof-of-stake (PoS) Layer-1…
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ailtrahq · 1 year ago
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In a recent interview, macro expert Raoul Pal opened up about the current state of the cryptocurrency market. Pal spoke about the intricacies of the current global economy, which has been experiencing a slowdown. He pointed out that this slowdown is expected for the current and upcoming quarters.In an interview with Coin Bureau Clips, he highlighted that 2022 witnessed a correction, with crypto markets plummeting by as much as 80%. However, he believes that this fact has been largely forgotten by many. Despite this, Pal remains optimistic about the future.Pal says the financial markets are forward-looking, signaling a positive outlook. The indicators suggest that economic growth will come back while inflation continues to decline. Although unemployment may increase slightly, this scenario resembles a “Goldilocks” scenario, with economic growth returning without significant inflation.Pal attributed the strength of crypto markets and assets like the Nasdaq in 2023 to these forward-looking indicators. He expressed his optimism, referring to the current state of the crypto market as “Crypto Spring” and forecasting a transition to “Crypto Summer,” possibly in the first quarter of the following year.When asked to define “Crypto Spring,” Pal likened it to a season of unpredictable weather, with periods of ups and downs. However, he emphasized that the market tends to trend upward over time. Despite occasional sideways trading and corrections, he highlighted gains in major cryptocurrencies like Bitcoin, Ethereum, and Solana throughout the year.The expert said, “Crypto spring comes after winter, and it’s after all the terrible news comes out. In terms of weather, one day it can snow, then it can rain, then it could be sunny, then it could be warm, then it could be cold again. It’s kind of a weird time, but over spring, generally, the weather gets better, and that’s what we see in crypto.”[embed]https://www.youtube.com/watch?v=BfN7ZdFvjYA[/embed]!function(f,b,e,v,n,t,s) if(f.fbq)return;n=f.fbq=function()n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments); if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0'; n.queue=[];t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e)[0]; s.parentNode.insertBefore(t,s)(window,document,'script', ' fbq('init', '887971145773722'); fbq('track', 'PageView');
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samse · 2 years ago
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Cryptocurrency Prediction by Raoul Pal and Mike Novogratz THIS Is The Ca...
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blockinsider · 4 months ago
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‘Rich Dad Poor Dad’ Writer Endorses Bitcoin’s ‘Banana Zone’ Forecast
Key Points
Robert Kiyosaki, the author of ‘Rich Dad Poor Dad’, predicts Bitcoin will enter the ‘Banana Zone’, a phase of considerable price increase.
Kiyosaki’s prediction is based on a forecast by former Goldman Sachs hedge fund manager, Raoul Pal, who coined the term ‘Banana Zone’.
Robert Kiyosaki, the acclaimed author of ‘Rich Dad Poor Dad’, is of the view that Bitcoin will soon experience a significant price surge, entering what is known as the ‘Banana Zone’.
Kiyosaki shared his prediction in a post on Wednesday, June 26, suggesting that Bitcoin is on the verge of entering a period of substantial price growth.
Endorsement of Raoul Pal’s Bitcoin Forecast
Kiyosaki’s post was a response to a prediction by Raoul Pal, a former hedge fund manager at Goldman Sachs, who first introduced the concept of the Banana Zone for Bitcoin.
Kiyosaki expressed his faith in Pal’s forecast, attributing it to Pal’s professional expertise. He revealed that Pal had previously advised him to invest in Bitcoin, marking his entry into the world of cryptocurrency.
Kiyosaki purchased 30 Bitcoins at $6,000 each, which are now valued at $60,000 each. He also disclosed that he continues to buy Bitcoin on a monthly basis.
Kiyosaki also anticipates that the surge in Bitcoin’s value will lead many to regret not having invested in the cryptocurrency or not having bought more. He outlined his reasoning for Bitcoin’s entry into the Banana Zone as follows:
“Simply put, Bitcoin represents ‘rules-based money’. Government-issued fiat money is ‘debt-based’. ‘Rules-based money’ makes you wealthier, while the government’s fictitious ‘debt-based’ money makes you poorer. Hold on tight as Bitcoin takes off into the ‘Banana Zone’.”
Pal shared his views on an episode of his podcast, “The Wolf of All Streets”, with Scott Melker. He predicted that cryptocurrencies would perform exceptionally well in the last quarter of a presidential election year. He also expressed bullish sentiments about Ethereum and Solana.
Buying the Dip: Kiyosaki’s Advice to Investors
Kiyosaki, a long-standing advocate of Bitcoin, advised investors to buy more Bitcoin in a post a day prior. He suggested that the current market downturn should be viewed as an excellent buying opportunity rather than a cause for panic.
On June 24, Bitcoin, the world’s largest cryptocurrency by market cap, fell below $60,000. As per CoinMarketCap data, Bitcoin is currently valued at $61,500.
In his post, Kiyosaki stated that market crashes should not deter investors. Instead, he is “waiting to buy more” as others are selling. His strategy is to “buy and hold on forever”.
“If crashes terrify you, sell and cling tightly to your job, which is what most ’employees’ should do. Simply put, entrepreneurs and employees are two sides of the same coin.”
Kiyosaki further explained that all markets experience ups and downs, which could be advantageous for investors who understand market movements. Additionally, he noted that investors often make large profits by trading assets, buying at low prices with the hope of selling high.
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rpnewspaperblog · 2 years ago
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Ethereum Set to Surpass Bitcoin as the World's Leading Cryptocurrency, According to Raoul Pal
Raoul Pal, CEO of Real Vision, believes that rather than seeing cryptocurrencies as assets, investors should see them as digital nations. In a recent blog post, the former Goldman Sachs executive claimed that crypto ecosystems are networks that create both intrinsic and extrinsic value. He argues that the foundation of the Bitcoin (BTC) network is the idea that BTC is an autonomous monetary…
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parolim-prlm · 2 years ago
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Raoul Pal says Ethereum is the fastest growing economy globally
Raoul Pal, CEO of Real Vision, has presented a new framework for understanding the cryptocurrency ecosystem, and saying he thinks the ethereum economy is the fastest-growing economy on earth. Raoul Pal, the CEO of Real Vision, has presented a new framework for understanding the cryptocurrency ecosystem. He suggests that bitcoin and ethereum should be viewed as economies, rather than just assets,…
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bitcoincables · 10 months ago
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Ethereum Expected to Outperform Bitcoin in the Crypto Market, Says Macro Guru
Former Goldman Sachs executive Raoul Pal predicts that Ethereum (ETH) will outshine Bitcoin (BTC) in the near future. He draws a parallel between investors moving their funds from low-rated to high-rated bonds to seek higher returns, and the potential trend of investors reallocating capital within the crypto market. Pal believes that the approval of a Bitcoin exchange-traded fund (ETF) will benefit Ethereum, as investors may reinvest their BTC profits in ETH.
Raoul Pal expects Ethereum to catch up in performance, especially once the ETH ETF is released. He describes this year's best trade as a combination of Solana and Bitcoin, but believes Ethereum will play "catch-up" and do well. Furthermore, Pal compares Bitcoin's current price action to its bull market in 2015, suggesting that it may experience significant upward movement without major corrections. However, he does anticipate smaller corrections within a range of 20% to 30% due to the nature of the crypto market.
Read the original article here.
Tags: #ethereum, #bitcoin, #cryptocurrency, #investing
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ailtrahq · 1 year ago
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Table of Content The theory that the NSA had a hand in Bitcoin’s creation is a decade old and has been revived on social media thanks to crypto champion Nic Carter.  Resurgence Of An Old Theory Bitcoin advocate Nic Carter has once again voiced his belief in the controversial theory that the United States National Security Agency (NSA) played a role in the creation of Bitcoin. This long-standing theory, dating back a decade, has resurfaced on social media, gaining renewed attention within the cryptocurrency community. This theory has lingered in the background of crypto discussions for years, periodically sparking curiosity and debate. NSA's Footprint on Early Bitcoin Discussions Recently, Iris Energy co-founder Daniel Roberts breathed new life into this theory by sharing screenshots of a 1996 research paper titled "How to Make a Mint: The Cryptography of Anonymous Electronic Cash" on X.com. The intriguing aspect of this research paper lies in its footer notes, which say that it was "prepared by NSA employees."  Additionally, among the credited experts was Tatsuaki Okamoto, co-inventor of the Okamoto–Uchiyama public key cryptosystem in 1998. Cryptography academics have suggested that the name sounds very similar to Satoshi Nakamoto, the pseudonymous creator of Bitcoin.  Carter's Firm Belief On September 21, Nic Carter, a partner at Castle Island Ventures, reiterated his support for the theory, dubbing it the "Bitcoin lab leak hypothesis." He believes that Bitcoin was initially a closed internal research and development project, which a rogue researcher chose to release secretly. Carter doesn't suggest that the U.S. government secretly controls all Bitcoin, a related theory that often accompanies the NSA conspiracy. Instead, he posits that the researcher acted independently to preserve anonymity. Carter's endorsement of the NSA theory dates back to 2020 when he proposed the idea of Bitcoin being a "monetary bioweapon." In 2021, he stated that the NSA's only notable contribution to the world was "letting Bitcoin leak from the lab." He pointed out that this doesn't necessarily imply government control but rather an unintended release. Expert Opinion In August, former NSA cryptanalyst Jeff Man acknowledged in an interview that although it was theoretically feasible for the NSA to create Bitcoin for intelligence-gathering purposes, he considered it highly improbable.  On the other hand, Matthew Pines, the Director of Intelligence at Krebs Stamos, a cybersecurity firm, opines that it probably resulted from the collaboration between NSA cryptography experts and cypherpunk enthusiasts.  Former Goldman Sachs executive Raoul Pal has posited his own theory that Bitcoin was invented by the U.S. government in tandem with the U.K. government.  As Nic Carter's support for the "NSA Created BTC" theory gains attention, the mystery surrounding Bitcoin's origins continues to captivate the cryptocurrency community, offering an intriguing lens through which to view its history. Source
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modernomy · 2 years ago
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Crypto Currency News In One Minute
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neoncrypto · 2 years ago
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Renowned investor Raoul Pal names 'magic level' bitcoin hits before surging
Renowned investor Raoul Pal names ‘magic level’ bitcoin hits before surging
Raoul Pal — renowned investor, co-founder and CEO of Real Vision — suggested that the cryptocurrency market is near its bottom. In a lengthy Dec. 12 Twitter thread, Pal revealed that he “noticed in the past is episodes of low 30-day realized volatility have coincided with lows in the crypto market.” When it comes to bitcoin (BTC), the magic level is 20%, and every time the coin got there, it was…
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cryptonews587 · 2 years ago
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Raoul Pal Predicts Stocks And Crypto Sector Will Soar Again
Raoul Pal Predicts Stocks And Crypto Sector Will Soar Again
A prolonged slump in the prices of assets characterizes the crypto market in 2022. The combination of local and macroeconomic factors has impacted the price of these assets. The stock market has also experienced the same bearish trend, with popular stock Nasdaq 1oo declining by nearly 33% in September 2022. The S&P 500 also lost 8% of its value in the same month. Bitcoin and most cryptocurrencies…
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euro-journal-english-news · 2 years ago
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Raoul Pal Predicts Stocks And Crypto Sector Will Soar Again
Raoul Pal Predicts Stocks And Crypto Sector Will Soar Again
A prolonged slump in the prices of assets characterizes the crypto market in 2022. The combination of local and macroeconomic factors has impacted the price of these assets. The stock market has also experienced the same bearish trend, with popular stock Nasdaq 1oo declining by nearly 33% in September 2022. The S&P 500 also lost 8% of its value in the same month. Bitcoin and most cryptocurrencies…
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cryptoheard · 2 years ago
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Raoul Pal Predicts Stocks And Crypto Sector Will Soar Again
Raoul Pal Predicts Stocks And Crypto Sector Will Soar Again
A prolonged slump in the prices of assets characterizes the crypto market in 2022. The combination of local and macroeconomic factors has impacted the price of these assets. The stock market has also experienced the same bearish trend, with popular stock Nasdaq 1oo declining by nearly 33% in September 2022. The S&P 500 also lost 8% of its value in the same month. Bitcoin and most cryptocurrencies…
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