The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Morgan Creek Strategist Says Bitcoin (BTC) Flashing ‘Buy’ Like Early Days of Amazon – Plus News on Ethereum, Bitcoin Cash, Litecoin, Dash, and EOS

by Daily Hodl Staff
October 8, 2019
in Altcoins

From betting on Bitcoin as a long-term play to booking travel plans with five more currencies, here’s a look at some of the stories breaking in the world of crypto.

Bitcoin

Crypto investor Mark Yusko says Bitcoin is a buy, despite dipping to the $8,000 range. Even if it dropped to $5,000, BTC is still a buy, according to Yusko, chief investment officer at Morgan Creek Capital Management, which advises pension funds, endowments and high-net-wealth individuals.

Appearing on CNBC, the investment strategist compares price volatility and the big bet on Bitcoin to Amazon. He enumerates a list of key indicators he believes give Bitcoin a lot of upside potential.

“Buy it. Because here’s the thing: the daily price of Bitcoin doesn’t matter. It’s been alive for 10 years. In every year, other than one – 2015 – it’s made a higher low.

The market cap has grown every single year. Every fundamental indicator of Bitcoin – usage, wallets, block size, transaction size, number of transactions, every single one – hash rate – making new highs.

All of the indicators of the network and the network value are rising. The price of any asset fluctuates. Let’s take Amazon. Amazon has been a public company for 20 years. In every year, including this year, it’s had a double-digit drawdown. The average peak-to-trough – minus 31%, twice minus 90%. When was the right time to sell? Never. Who’s owned it since the IPO to today? Jeff and his mom and his dad. That’s it.”

Ethereum (ETH)

Crypto payment processor BitPay is supporting Ethereum payments.

Starting this month, people can buy gift cards and top up BitPay cards using the world’s second largest cryptocurrency while businesses can accept Ether for client billing, e-commerce checkout and donations.

BitPay Will Soon Support Payments from the Ethereum Blockchain | The BitPay Blog https://t.co/Vtxv2AFxku pic.twitter.com/8vK1dyb4YX

— BitPay (@BitPay) October 7, 2019

Ethereum, Bitcoin Cash, Litecoin, EOS and Dash

Destinia, a leading online travel agency in Spain, has added support for five more cryptocurrencies, in addition to Bitcoin: ETH, BCH, LTC, EOS and DASH.

The crypto-friendly platform now allows customers to book their travel plans in crypto, including plane and train tickets, hotel accommodations and travel packages.

Source: Destinia

Dash

Crypto services provider Coinify has added support for Dash.

According to Dash News, Dash will now be available as a payment option at tens of thousands of additional merchants in 70 countries.

Dash will also be integrated into Coinify’s in-wallet trading API allowing users to buy and sell Dash, the world’s 18th-largest cryptocurrency by market cap.

[the_ad id="42537"] [the_ad id="42536"]
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Submit a Press Release

Industry Announcements

  • MultiBank Group Confirms MBG Token TGE Set for July 22, 2025
    July 11, 2025
  • PEPESCAPE Launches Crypto Presale, Combining Memecoin Culture With Decentralized Finance Ecosystem
    July 10, 2025
  • Aptos Labs Expands Leadership With New Chief Business Officer
    July 10, 2025
  • Falcon Finance Unlocks Real-World Asset Utility With First Live USDf Mint Using Tokenized Treasuries
    July 10, 2025
  • MBG Token Pre-Sale Set for July 15 – Only Seven Million Tokens Available at $0.35
    July 10, 2025
  • YZi Labs Invests in Aspecta To Pioneer Universal Price Discovery Infra for Trillion Illiquid Assets
    July 10, 2025
  • NovaEx Launches With a Security-First Crypto Trading Platform Offering Deep Liquidity and Institutional-Grade Infrastructure
    July 9, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$118,801.83
$118,801.83
1.07%
Ethereum
$2,969.93
$2,969.93
1.02%
BNB
$692.24
$692.24
1.19%
Solana
$161.37
$161.37
0.61%
XRP
$2.80
$2.80
2.77%

Spotlight

  • Hot FOMO Bull Market for Bitcoin Likely Approaching As BTC Indicator Begins To Inch Upward: PlanB
    July 6, 2025
  • Marathon Digital CEO Fred Thiel Warns Bitcoin Treasury Companies Becoming ‘Saturated’ – Here’s His Forecast
    July 6, 2025
  • $3,300 Drained From Wells Fargo Account After 72-Year-Old Falls for Notorious Scam – Why the Lender Is Refusing To Reimburse
    July 6, 2025
  • Fraud Mastermind Carries Out Slew of Inheritance Scams Targeting Elderly and Vulnerable Americans: DOJ
    July 6, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl