Dan Dolev, a senior research analyst at Mizuho Securities, offered a critical perspective on the cryptocurrency market during an appearance on CNBC's "The Exchange" on April 12, 2024. Dolev expressed skepticism about Bitcoin's role as an investment, questioning its status as a growth stock or a store of value and suggesting it lacks substantial foundational support. He emphasised concerns about Bitcoin's long-term viability, citing a lack of intrinsic value and yield support. Dolev predicted a potential decline in Bitcoin's price, indicating a lack of personal value in the cryptocurrency. Regarding Coinbase, he acknowledged strong trading volumes but raised doubts about the sustainability of this trend and the overall health of the business, despite revenue forecasts underestimating its potential. Dolev briefly compared gold to Bitcoin and discussed the challenges faced by traditional banks amid a shift towards higher-yielding options like CDs, highlighting fintech firms like SoFi as potential beneficiaries of this trend due to their innovative products and higher yields.