Kitco News, Released on 2/23/21

Volatility is built into the “DNA” of cryptocurrencies; investors and traders should not worry about the price drops earlier this week, said Frank Holmes, executive chairman of HIVE Blockchain Technologies. Speaking on Ethereum and DeFi, Holmes said “I think that this is a phenomenal industry, and there’s going to be many new derivatives come from it, and it has nothing but blue sky, but extremely volatile.”

0:00​ – Volatility of Bitcoin and Ethereum
11:15​ – Crypto mining

Frank Holmes is the CEO and chief investment officer of U.S. Global Investors, Inc., a boutique investment advisory firm based in San Antonio that manages domestic and offshore funds specializing in the natural resources and emerging markets sectors.

  bitcoin, ethereum, Frank Holmes, investing