How to value a bitcoin

In the first episode of “the bit,” FundStrat Global Advisor co-founder Tom Lee explains different methodologies for valuing bitcoin. Lee shares his short-term and long-term bitcoin price targets based on these valuation methods. According to Tom Lee, 94% of the variation in the price of bitcoin is explained using their model employing Metcalfe’s Law. Metcalfe’s […]

Cryptocurrency sees value skyrocket

The question of how high bitcoin can fly looms large after the digital currency shot past 3,000 US dollars each for the first time ever. But Monday served as a reminder that volatility may be the rule, not the exception, as bulls and bears lock horns about the prospects for the rapidly ascending cryptocurrency. Subscribe […]

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