Bitcoin’s (BTC) Value Will Continue to Grow, Says Deutsche Bank Analyst
Bitcoin (BTC), the leading crypto asset, is likely to grow in the near future, says senior analyst Marion Laboure of Deutsche Bank. The analyst is also the author of ‘Democratizing Finance — the Radical Promise of Fintech’.
In her most recent interview with CNBC, the senior analyst at Deutsche Bank overviewed the current state of the crypto market and shared her predictions for what Bitcoin’s (BTC) price will look like in the near future.
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The Crypto Market Needs More Regulation
Laboure stated that more regulation is definitely needed in the industry, as public interest in crypto is growing by the hour. She went on to underline that the financial literacy is concerningly low overall, resulting in that fact that some countries are simply not ready to adopt crypto on a wide scale. “I think we definitely need regulation, as you mentioned, financial literacy is pretty low even in advanced economies. We need more data as well, there is clearly a lack of data regarding cryptocurrencies”, Laboure underlined.
Over the past few decades, digital technology has transformed finance. In Democratizing Finance,