Ajay Banga, the leader of the multinational financial services corporation, made a number of critical statements on the cryptocurrency. But the logical reasoning backed with striking examples provokes thoughts on the main concepts of the crypto sphere.
The CEO and founder of the Citadel hedge fund still hasn’t changed his position and insists that Bitcoin has many in common with the “tulip bulb mania”.
An anonymous investor bet Bitcoin will surpass Berkshire Hathaway’s stock by 2023, which means Bitcoin will have to appreciate by more than 40 times by that time. If the investor is right, he will win US $888 million.
Following so called “Bitcoin bubble” burst, this front-runner of the crypto market has experienced global slump in prices. Has this traders’ darling any chance to recover or is it all over?
Matonis believes that we are now entering the “post-legal tender age … that isn’t driven by central banks” and decentralized cryptocurrencies like Bitcoin will cater to this shift.
Bitcoin levels up while Americans mortgage their property against the piece of crypto pie.
Wall Street Investment Bank Goldman Sachs Group Inc. is considering new trading services for cryptocurrencies as bitcoin for its clients.
Rainer Michael Preiss shares his opinion about bitcoin, which has been in the center of attention attracting a lot of criticism lately.
Ending a range of downturns Bitcoin recovers, despite Ray Dalio, Bridgewater Associates’ founder, calls it “a bubble”, and Jamie Dimon, CEO of J.P. Morgan, recently declared it a “fraud”.
J.P. Morgan chief compares bitcoin rally with the tulip bubble while the US has more debt than any point in its history. The amount owed shoots past $20 trillion.