Swan Bitcoin CEO declared that Nvidia has a 'near zero chance' of outperforming Bitcoin over the next ten years.
) over the past ten years should not be used as an indicator for the next decade, as it is unlikely to happen again, according to crypto executives.“I’d pick Bitcoin over Nvidia for the next ten years, personally,” investment strategist Lyn Alden stated, after pointing out on X that NVDA"is one of the few assets that has outperformed Bitcoin over a 10-year time period.
Meanwhile, trading resource The Kobeissi Letter pointed out that a $10,000 investment in Nvidia stock in 1999 is"worth $25.3 million today," in a May 24 X “If we were to go back to 2014, I wonder which one we’d think is more risky and less obvious to achieve such incredible returns,” he added.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
White Swan, Black Swan And QuantumBleedDenis Mandich, CTO of Qrypt, a quantum cybersecurity company, founding member of the Quantum Economic Development Consortium and CQT. Read Denis Mandich's full executive profile here.
Read more »
Crypto AI Projects Surge on Unexpectedly Positive NVIDIA Earnings CallAI and crypto are growing in tandem, thanks to most recent surge of earnings on Nvidia
Read more »
AI Tokens Lead Crypto-Market Recovery as Nvidia Hits One-Month HighOmkar Godbole is a Co-Managing Editor on CoinDesk's Markets team.
Read more »
Emergency ‘wall of liquidity’ to prop up Yen bullish for Bitcoin: SwanThe Japanese yen's decline poses a problem for the U.S. but may lead to a large 'wall of liquidity' in the markets, signaling a bullish outlook for Bitcoin.
Read more »
Nvidia shares up 15% in 5 days — Will AI crypto tokens follow?Nvidia's share price has rebounded, and with its earnings report coming soon, analysts are considering its potential impact on AI crypto tokens.
Read more »
Crypto AI tokens post near double-digit gains amidst launches from NVIDIA, OpenAI and AmazonArtificial Intelligence (AI)-based cryptocurrencies have experienced nearly double-digit or higher gains on Monday, well above the price increases seen among the main crypto assets, likely fuelled by recent announcements of new developments from AI and tech giants in the US.
Read more »