Bitcoin

Cameron Winklevoss, the co-founder of the American cryptocurrency exchange, Gemini Trust Company, recently painted a bullish scenario for BTC in what he described as the “Great Accumulation of Bitcoin.” The crypto billionaire’s latest comments resonated with a <a href="https://winklevosscapital.com/the-case-for-500k-bitcoin/" rel="noopener noreferrer nofollow">paper</a> previously released by his brother Tyler Winklevoss, which made the case for Bitcoin’s valuation at $500,000.According to Crypto News Alerts on <a href="https://www.youtube.com/watch?v&#61;TRb6oE5Nsyg" rel="noopener noreferrer nofollow">Youtube</a>, the Winklevoss twins’ case for a $500,000 BTC was strengthened by the numerous applications for spot Bitcoin exchange-traded funds (ETFs) made by several traditional finance giants, including BlackRock, Fidelity, Valkyrie, WisdomTree, and Invesco over the past few days.Cameron Winklevoss took to Twitter earlier today to share his thoughts on the recent spot BTC ETF filings:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/6d41e3d2d1f348fd95a43baeb1960d1a.png" />Winklevoss told his followers that the flurry of BTC ETF filings created a window for those looking to purchase Bitcoin before all the ETFs go live. According to him, if Bitcoin was the most obvious and best investment of the previous decade, then buying Bitcoins before the ETFs were the best investment of this decade.Winklevoss likened the recent ETF applications to an accumulation battle between institutional and retail investors. Michael Saylor, the man behind the world’s largest corporate Bitcoin holder, recently weighed in on the spot BTC ETFs. Saylor <a href="https://twitter.com/saylor/status/1671202228474982415" rel="noopener noreferrer nofollow">stated</a> that the window to front-run institutional demand for Bitcoin was closing.Read full article at <a href="https://cryptotale.org/winklevoss-paints-500k-scenario-for-bitcoin-amid-spot-etf-filings/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Winklevoss Paints $500k Scenario For Bitcoin Amid Spot ETF Filings

CryptoTale

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