G7 Says Bitcoin Has Failed On Its Two Main Use-Cases but Data Says Otherwise

2019-10-21 18:00

Crypto enthusiasts see bitcoin as a unique asset. Many rely on the cryptocurrency as a store of value while others use it as a payment solution, especially for transactions that involve huge sums of money.

Outside of the crypto community, however, many see the king of cryptocurrencies as an unreliable asset. Recently, the Group of […]

The post G7 Says Bitcoin Has Failed On Its Two Main Use-Cases but Data Says Otherwise appeared first on CCN. com

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Although Bitcoin (BTC) and virtual currencies have been in a bear market since the year, the fundamentals behind Bitcoin seem to be improving over time. According to Anthony Pompliano, founder and partner at Morgan Creek Digital, Bitcoin’s fundamentals are strengthening and says to enthusiasts not to be distracted by its price. Bitcoin's fundamentals are strengthening. […]

2018-12-3 17:37


Federal Reserve Says 2018 Bear Market Was Caused By CME’s Bitcoin Futures Offering

While many people had glossed over this little-known statement released by the Federal Reserve earlier this year (in May), but according to the letter, the government body blamed the launch of Bitcoin futures markets on the Chicago Mercantile Exchange (CME) for adversely affecting the overall value of Bitcoin (as well as many other alt-assets available […]

2018-12-2 03:57


Bitcoin is on the Verge of Falling Apart, Says Paul Donovan

Paul Donovan recent bearish remarks for Bitcoin is an attempt to bury the top-ranking cryptocurrency for good. UBS Executive Sounds the Death Knell for Bitcoin According to CNBC, Paul Donovan, Chief Economist of UBS Global Wealth Management, stated that he didn’t have any praises for Bitcoin, instead, was ready to bury the number one virtual […] The post Bitcoin is on the Verge of Falling Apart, Says Paul Donovan appeared first on Ethereum World News.

2018-12-1 10:08


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