On June 24, the CEO of Far Peak Acquisition Corp.
Thomas Farley spoke about bitcoin on Wednesday following the digital asset’s rebound from the $28,600 low on June 22.
Farley has spoken about bitcoin on a few occasions in the past and was known for revealing the launch of the NYSE bitcoin price index in 2015.
While speaking on Squawk Box, Farley stressed that BTC was a volatile asset and this is because it is so new.
The Far Peak executive, however, believes gold has the upper hand in comparison to bitcoin.
Despite the fact that BTC needs to be more than half of a million dollars per unit, many bitcoin bulls believe the leading crypto asset can surpass gold’s global valuation.
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In Portugal, the central bank is responsible for registering entities that intend to act as virtual asset service …