Billionaire Investor Stan Druckenmiller Still Doesn’t Believe in Bitcoin’s Potential

2019-6-5 19:24

Since 2016, Druckenmiller has repeatedly expressed his skepticism over Bitcoin’s potential as a viable, long term store-of-value (SOV). The billionaire has also stated in the past that the flagship crypto asset cannot serve as an effective medium of exchange since it suffers from a number of volatility based issues. As per an all-new interview with […]

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The Big Question: Will Bitcoin Hit $100,000 By 2024? Spotlight On Potential Drivers

In addition to the widespread attention and media coverage, there exist many elements and forces that have the potential to significantly influence the trajectory of Bitcoin. In the face of the dynamic landscape of cryptocurrencies, as the year 2023 draws to a close, there exists a climate of conjecture, optimism, and tangible eagerness.

2023-11-13 18:40


BitMEX funds Philippines-based crypto-exchange PDAX, aims to harness ‘transformative potential of cryptocurrencies’

BitMEX Ventures has infused an undisclosed amount of funds into the cryptocurrency exchange platform, Philippines Digital Asset Exchange [PDAX]. The BSP regulated exchange, PDAX, had recently secured an undisclosed amount of capital from ConsenSys Ventures, the venture capital arm of US-based blockchain firm, ConsenSys.

2019-6-4 19:30


Ôîòî:

Op Ed: Debunking Bitcoin Myths: ‘It’s a Ponzi Scheme’

The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence is to enrich Satoshi Nakamoto and the speculators who bought in for a few pennies or dollars in the early days by tricking others into buying in at a higher price.

2019-6-4 19:03


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German Central Bank Presidents Warns of Digital Currency Blaze

Jens Weidmann, President of Bundesbank, believes mainstream adoption of digital currencies will lead to a systematic destabilization of the financial markets and banking system, May 30, 2019.   More Doomsday Predictions Central banks around the world are exploring the potential of electronic cash in response to a growing demand to digitize the economy and limit theRead MoreRead More.

2019-5-30 21:00


Bitcoin [BTC]: Fidelity has a ‘room full of ASIC miners’ at its Texas office, claims Justin Moon

Bitcoin [BTC] had become the center of discussion in the crypto-verse after its meteoric rise recently. BTC is considered to be the digital gold with huge growth potential. As the interminable discussions continued for a long time, individuals associated with this discourse exhibited legitimate reasons both ‘for’ and ‘against’ the validity and acknowledgment of digital […] The post Bitcoin [BTC]: Fidelity has a ‘room full of ASIC miners’ at its Texas office, claims Justin Moon appeared first on AMBCrypto.

2019-5-26 11:15


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Record $2 Trillion Deposited in the US Banks During Covid-19 Pandemic

Cash remains the king! According to FDIC data, a record $2 trillion in cash was added in the deposit accounts of US banks since the coronavirus first struck in the country in January. In April alone, the money flowing into banks grew by $865 billion, more than the record for an entire year. “Any way […]