Wolf of Wallstreet Legende Jordan Belfort recently revealed in an interview with Coindesk that he believes the crypto market would benefit from more regulation. His assessment is based on experience with junk bonds. At that time, these bonds had a bad credit rating, and only by regulation did they become a significant market. But Belfort is not positively impressed by every cryptocurrency. For example, he thinks Tether is a huge scam.
As for the price of his favorites Bitcoin and Ethereum: At the end of the year, he sees a price of between 45,000 and 70,000 US dollars for Bitcoin, while Ethereum is estimated to be between 3,700 US dollars and 4,500 US dollars by the end of 2021. Currently, a Bitcoin costs just under 40,000 US dollars.
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