bitcoin bubble

A well-known American businessman is about to participate in his first initial coin offering, just a few weeks after calling the digital currency ‘a bubble.’

Mastercard CEO Explained Why Cryptocurrency Is Junk
July 26th, 2018

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.

Citadel CEO Advises Younger Generation ‘Do Something More Productive than Invest in Digital Currencies’
July 19th, 2018

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”.

8.5 Million Aussie Dollars Bet that Bitcoin Will Exceed Berkshire Hathaway Share Price by 2023
July 13th, 2018

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.

Will Bitcoin Herald the Demise of Cryptocurrency?
June 18th, 2018

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?

Bitcoin Is the ‘Pin to Pop’ the Financial Bubble, Says Bitcoin Foundation’s Jon Matonis
April 3rd, 2018

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 Mania’: People Take out Mortgages to Invest in Cryptocurrency
December 12th, 2017

Bitcoin levels up while Americans mortgage their property against the piece of crypto pie.

Goldman Sachs Considering Bitcoin Trading Services for Its Clients
October 2nd, 2017

Wall Street Investment Bank Goldman Sachs Group Inc. is considering new trading services for cryptocurrencies as bitcoin for its clients.

CEOs of U.S. Banks are ‘Very Afraid’ of Bitcoin, Says Wealth Advisor Rainer Michael Preiss
September 21st, 2017

Rainer Michael Preiss shares his opinion about bitcoin, which has been in the center of attention attracting a lot of criticism lately.

Bitcoin Is Trading at $4,000 Despite Bridgewater’s Ray Dalio Calls It a ‘Bubble’
September 20th, 2017

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”.

Bitcoin is a ‘Bubble’ While U.S. National Debt Passes $20 Trillion for the First Time
September 13th, 2017

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.