In a recent interview with The Times, self-proclaimed Satoshi Craig Wright likens Bitcoin to Bernie Madoff’s $65 billion Ponzi scheme, asserting that people will eventually jump ship: The price goes up because people are paying and the price goes up. But that doesn’t ever last for ever. Old Charles Ponzi did that one too. And […]
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In a recent interview with The Times, self-proclaimed Satoshi Craig Wright likens Bitcoin to Bernie Madoff’s $65 billion Ponzi scheme, asserting that people will eventually jump ship: The price goes up because people are paying and the price goes up. But that doesn’t ever last for ever. Old Charles Ponzi did that one too. And […]
The total market cap of all cryptocurrencies has surpassed that of Google’s parent company Alphabet. Earlier today, it peaked at $1.53 trillion, whereas Alphabet closed at $1.41 trillion at the end of Friday’s trading session. Image by tradingview.com Bitcoin, the largest cryptocurrency, hit a new all-time high of $49,714 on the Bitstamp exchange on […]
The total market cap of all cryptocurrencies has surpassed that of Google’s parent company Alphabet. Earlier today, it peaked at $1.53 trillion, whereas Alphabet closed at $1.41 trillion at the end of Friday’s trading session. Image by tradingview.com Bitcoin, the largest cryptocurrency, hit a new all-time high of $49,714 on the Bitstamp exchange on […]
In a recent tweet, while disputing with Anthony Pompliano, prominent Bitcoin critic Peter Schiff has doubted that Tesla shareholders are benefiting from the car producer entering Bitcoin. He also opined that Tesla may have a hard time making an actual profit from the Bitcoin it has bought. “Tesla shareholders down five percent on TSLA since Bitcoin […]
In a recent tweet, while disputing with Anthony Pompliano, prominent Bitcoin critic Peter Schiff has doubted that Tesla shareholders are benefiting from the car producer entering Bitcoin. He also opined that Tesla may have a hard time making an actual profit from the Bitcoin it has bought. “Tesla shareholders down five percent on TSLA since Bitcoin […]
CoinMetrics data shows that the 90-day correlation coefficient between Bitcoin and XRP has reached a three-year low of 0.294 on Feb. 14. It is now down 66.2 percent from its peak level logged on June 22, 2018. Image by coinmetrics.io The correlation between the two major cryptocurrencies has dipped below 0.3 for the first time since early […]
CoinMetrics data shows that the 90-day correlation coefficient between Bitcoin and XRP has reached a three-year low of 0.294 on Feb. 14. It is now down 66.2 percent from its peak level logged on June 22, 2018. Image by coinmetrics.io The correlation between the two major cryptocurrencies has dipped below 0.3 for the first time since early […]
Seasoned Bloomberg columnist Nir Kaissar is the founder of asset management firm Unison Advisors and former ex-Ernst & Young consultant. He attempted to explain how Bitcoin (BTC) investors are handling the unparalleled volatility—and even manage to stay net positive despite its painful price swings. Does Bitcoin (BTC) mind the gap? Mr. Kaissar started by clarifying how great Bitcoin’s (BTC) volatility really […]
Seasoned Bloomberg columnist Nir Kaissar is the founder of asset management firm Unison Advisors and former ex-Ernst & Young consultant. He attempted to explain how Bitcoin (BTC) investors are handling the unparalleled volatility—and even manage to stay net positive despite its painful price swings. Does Bitcoin (BTC) mind the gap? Mr. Kaissar started by clarifying how great Bitcoin’s (BTC) volatility really […]