In his latest op-ed for the New York Times, prominent American economist Paul Krugman is once again taking aim at crypto, describing it as “a long-running Ponzi scheme.” The Nobel laureate argues that Ponzis can survive for that long and mentions Bernie Madoff’s infamous investment scam as an example: But could a Ponzi scheme really […]
Category Archives: Bitcoin (BTC)
The latest Bitcoin news
On this page, you can find out about the latest Bitcoin news and check market trends and quotes
CNBC has reported that analysts at the Societe Generale, a financial services leader in Europe, have called the flagship cryptocurrency, Bitcoin, not very reliable at the moment, and its place in an investor’s portfolio is “highly contested.” They also believe that Bitcoin cannot compete with gold, and both assets are very different. Image via Twitter Questions […]
CNBC has reported that analysts at the Societe Generale, a financial services leader in Europe, have called the flagship cryptocurrency, Bitcoin, not very reliable at the moment, and its place in an investor’s portfolio is “highly contested.” They also believe that Bitcoin cannot compete with gold, and both assets are very different. Image via Twitter Questions […]
Chinese media 8BTC has just tweeted that the Hong Kong government is considering an option to empower the local financial operations watchdog—the Securities and Futures Commission—to restrict or forbid licensed companies that provide services related to digital currencies from operating. The same goes for their associated entities, the tweet says. Image via Twitter Hong Kong is […]
Chinese media 8BTC has just tweeted that the Hong Kong government is considering an option to empower the local financial operations watchdog—the Securities and Futures Commission—to restrict or forbid licensed companies that provide services related to digital currencies from operating. The same goes for their associated entities, the tweet says. Image via Twitter Hong Kong is […]
Charts provided by Glassnode data aggregator show that strong Bitcoin “dip buying” continues, while whales and institutions are withdrawing large amounts of Bitcoin from Coinbase in particular. Bitcoin withdrawals from Coinbase higher than from other exchanges Glassnode chart shows that on three major exchanges, except Coinbase, Bitcoin balances have been rising over the past two months. The […]
Charts provided by Glassnode data aggregator show that strong Bitcoin “dip buying” continues, while whales and institutions are withdrawing large amounts of Bitcoin from Coinbase in particular. Bitcoin withdrawals from Coinbase higher than from other exchanges Glassnode chart shows that on three major exchanges, except Coinbase, Bitcoin balances have been rising over the past two months. The […]
Mike McGlone, chief commodity strategist of Bloomberg, has shared a chart that demonstrates a decline of the equities market that happened at the same time as the Bitcoin plunge. The other chart shows that Bitcoin may have passed the correction test. The potential outcomes are in Bitcoin’s favor, McGlone added. “The crypto has entered the […]
Mike McGlone, chief commodity strategist of Bloomberg, has shared a chart that demonstrates a decline of the equities market that happened at the same time as the Bitcoin plunge. The other chart shows that Bitcoin may have passed the correction test. The potential outcomes are in Bitcoin’s favor, McGlone added. “The crypto has entered the […]
MicroStrategy CEO Michael Saylor has surpassed 1 million Twitter followers, becoming the first Bitcoin maximalist to achieve such a milestone. Image by twitter.com His business intelligence firm adopted Bitcoin as its primary treasury reserve asset on Aug. 11, 2020. Since then, Saylor has become one of the most prominent voices within the Bitcoin community, with […]