As the first month of the new year is behind us, things continue to heat up on the world stage regarding crypto price predictions, social media hype surrounding meme coins like Dogecoin, warnings of macroeconomic dangers, and more political powers attempting to control permissionless cryptocurrencies via regulations and policies. Institutional investors' perspective on Bitcoin, news from Elon Musk and McDonald's, warnings of a "global recession" and more are right below in this latest edition of Bitcoin.com News Week in Review. Institutional investors predict a “strong year” for Bitcoin – 65% expect Bitcoin to rise by $100,000...
As the first month of the new year is behind us, things continue to heat up on the world stage regarding crypto price predictions, social media hype surrounding meme coins like Dogecoin, warnings of macroeconomic dangers, and more political powers attempting to control permissionless cryptocurrencies via regulations and policies. Institutional investors' perspective on Bitcoin, news from Elon Musk and McDonald's, warnings of a "global recession" and more are right below in this latest edition of Bitcoin.com News Week in Review.
A new survey shows that institutional investors expect “a strong year for Bitcoin” and are confident about the cryptocurrency’s long-term valuation. Additionally, 65% of institutional investors surveyed agree that Bitcoin could reach $100,000.
Tesla and Twitter CEO Elon Musk has reiterated his commitment to eating a McDonald's Happy Meal on TV if the fast food chain accepts the meme cryptocurrency Dogecoin (DOGE). Musk originally made the offer a year ago, but McDonald's responded with a counteroffer at the time.
Famous bestselling author Rich Dad Poor Dad, Robert Kiyosaki, says we are in a global recession. He warned of rising bankruptcies, unemployment and homelessness, noting there is good news for investors looking for "bargains."
A bill has been introduced in New York state that would allow state authorities to accept cryptocurrency payments, including Bitcoin, Ether, Litecoin and Bitcoin Cash. The legislation proposes using crypto as a “means of payment for fines, civil penalties, rents, tariffs, taxes, fees, charges,” and more.
What do you think about this week's stories? Do you think the New York government should accept crypto payments? Let us know in the comments section below.
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