Express

Compared With Coinbase IPO Stock, Messari Founder Was More Optimistic About BTC

Mary Liu

Summary: Ryan Bitcorn Selkis, the founder of Messari talked about Coinbase's IPO shares and BTC on Twitter today. He praised this company but predicted the performance of its stock may not surpass BTC. He said: "if you're buying Coinbase IPO shares vs. BTC spot, you're essentially betting on a future that looks like this: There is no ...

Ryan Bitcorn Selkis, the founder of Messari talked about Coinbase's IPO shares and BTC on Twitter today. He praised this company but predicted the performance of its stock may not surpass BTC. He said: "if you're buying Coinbase IPO shares vs. BTC spot, you're essentially betting on a future that looks like this: There is no scenario where BTC dominance stays at 70% and Coinbase equity outperforms BTC." Ryan Bitcorn Selkis saw this as mathematical analysis, he also thought a premier institutional cryptocurrency "ETF" is actually an 80-10-10 ratio of BTC, ETH, and CBSE.

By Mary Liu

Last Update:

Tags: ,,,,,,,
Link: Compared With Coinbase IPO Stock, Messari Founder Was More Optimistic About BTC   [Copy]
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 11 hours ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 5 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 6 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 9 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 12 days ago
  • You need to login to comment.