Bitcoin Doubters ‘Having a Hard Time’ Continuing Doubting, Says Nexo Exec
Adrian Zmudzinski's original article for cointelegraph.com reduced by 60%
Co-founder and managing partner of cryptocurrency lending startup Nexo Antoni Trenchev said that bitcoin naysayers are having a hard time in an interview with CNBC published on June 25. "During the interview, Trenchev pointed out that bitcoin has been defined dead over 300 times and"has risen from the ashes yet again. "I think, you know, the doubters are having a really hard time continuing their cause." Trenchev also explained that he believes that the reasons behind bitcoin's rise are increasing institutional participation, and the geopolitical turmoil.
All those facts, according to him, are signs that people are realizing that bitcoin is here to stay. As Cointelegraph reported earlier today, Jeremy Allaire, co-founder and CEO of payments company Circle, believes non-sovereign cryptocurrencies such as bitcoin will continue to see growth despite the proliferation of new forms of digital assets such as Facebook's Libra and stablecoins. News broke that ThinkMarkets chief market analyst Naeem Aslam predicts that bitcoin will hit somewhere between $60,000 and $100,000 during its next bull run.
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