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Coin Stories with Natalie Brunell
News Block: Bitcoin Outperforms Other Assets, FTX's SBF Jury Questions, Binance vs SEC, Anti-CBDC Bill, Grocery Inflation
Sep 18, 2023
10:06
Snipd AI
Bitcoin's exceptional performance as the best-performing asset class, SEC chairman's testimony on noncompliance, FTX founder's trials, troubles faced by Binance, launch of Bitcoin-only trust company, anti-CBDC bill reintroduced, rising inflation concerns, impact of inflation on grocery chains, proposing Bitcoin as a solution.
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Quick takeaways
- Bitcoin has consistently outperformed other assets over the past decade, with an annualized return of approximately 145%, surpassing NASDAQ 100, S&P 500, and gold.
- Institutions like Franklin Templeton are exploring the launch of a spot Bitcoin ETF, but the SEC's concerns about market manipulation and fraud have led to previous rejections.
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Bitcoin's performance as the best-performing asset class
Bitcoin has been the best-performing asset class in seven of the last 10 years, with an annualized return of about 145% between 2011 and 2023, surpassing the returns of NASDAQ 100 index, S&P 500, and gold.
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