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An Entire Country Switched to Bitcoin and Now Its Economy Is Floundering

Months after El Salvador announced that it would accept bitcoin as legal tender, the country has found itself on the verge of economic collapse yet again.  The country’s president Nayib Bukele made waves last year when he announced that the nation would accept the token for use at stores and banks. The self-described “CEO of […] дальше »

2022-1-23 22:18


Highlights from 2021: The Year of Crypto

2021 will be remembered as a year when we defied the odds.  We lost hope in traditional financial systems that failed us for decades. We just couldn’t see it. With the pandemic and collapse of institutions, it has become crystal clear that inflation is not so “transitory,” and monetary policies of governments are not suited […] The post Highlights from 2021: The Year of Crypto appeared first on ItsBlockchain. дальше »

2021-12-31 10:13


Billionaire investor, Ray Dalio curious about NFTs, says Bitcoin is 'alternative money'

Bridgewater Associates head, Ray Dalio recently appeared on Lex Fridman’s podcast. This hour-long interview covered several topics ranging from the collapse of Empires to Bitcoin, NFTs, and even thThe post Billionaire investor, Ray Dalio curious about NFTs, says Bitcoin is 'alternative money' appeared first on AMBCrypto. дальше »

2021-12-27 00:30


Can stablecoin US dollars cause 'every currency other than top dozen to collapse'

Billionaire entrepreneur Michael Saylor is known for his bombastic metaphors and high ambitions where Bitcoin is concerned. During an episode of the What Bitcoin Did podcast, Saylor spoke to host PeteThe post Can stablecoin US dollars cause 'every currency other than top dozen to collapse' appeared first on AMBCrypto. дальше »

2021-12-4 03:30


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Analyst Gareth Soloway Reveals Probable Trigger For Bitcoin’s Ascent To $500,000

Gareth Soloway is predicting the imminent collapse of the Dollar and all other global currencies in the future as Bitcoin continues to receive overwhelming support from citizens all over the world. Speaking during the Future Blockchain Summit held in Dubai, in what he termed as a “chain reaction” of what is going on now, the […] дальше »

2021-10-23 15:35


Cryptocurrency Regulation Should Be “Pursued As A Matter Of Urgency,” Says BoE Governor

The collapse of crypto “is certainly a plausible scenario,” says Jon Cunliffe due to “the power of herd behaviour,” as one of the reasons, much like the $1.2 trillion sub-prime market. The post Cryptocurrency Regulation Should Be “Pursued As A Matter Of Urgency,” Says BoE Governor first appeared on BitcoinExchangeGuide. дальше »

2021-10-14 18:57


Here's why the Bitcoin bull run will continue in Q4 despite September sell-off

Bitcoin and other cryptocurrencies experienced pressure in September as fears around China’s Evergrande collapse mounted. Another FUD sell-off followed after China's announcement that rendered privaThe post Here's why the Bitcoin bull run will continue in Q4 despite September sell-off appeared first on AMBCrypto. дальше »

2021-9-28 01:30


Bank of Mexico Governor says #Bitcoin More like Precious Metal than Legal Tender, But Sweden’s Sees Eventual “Collapse”

Meanwhile, to billionaire investor Leon Cooperman, Bitcoin doesn’t make “a great deal of sense” because he’s old, not to mention he’s a “paper guy.” The post Bank of Mexico Governor says #Bitcoin More like Precious Metal than Legal Tender, But Sweden’s Sees Eventual “Collapse” first appeared on BitcoinExchangeGuide. дальше »

2021-9-10 17:57


Parabolic Bitcoin Indicator Points To Dangerous Collapse To Below $20K

Bitcoin price is in a downtrend, after spending nearly a full year in a parabolic uptrend. An indicator bearing the “parabolic” name on monthly timeframes has given a signal, that according to past instances, has always resulted in a catastrophic fall in the top cryptocurrency by market cap. Even if the resulting selloff ends up […] дальше »

2021-6-26 21:58


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Africrypt Ponzi Scheme Collapse: South Africa Regulator Says Its ‘Not in a Position to Take Any Regulatory Action’

Following Africrypt’s collapse, South African regulator, the Financial Sector Conduct Authority (FSCA), released a statement asserting its lack of jurisdiction over cryptocurrencies. Although the regulator says it is “continuing to investigate complaints” against the crypto investment company, it concedes it has only “found evidence of crypto-asset transactions. дальше »

2021-6-25 15:00


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Economist Steve Hanke Warns Salvadoran Bitcoin Adoption Could ‘Completely Collapse the Economy’

The professor of applied economics at Johns Hopkins University, Steve Hanke, has recently been criticizing bitcoin adoption taking place in El Salvador. Hanke doesn’t think it’s a good idea for the Latin American country to use bitcoin as legal tender and says it could “completely collapse the economy. дальше »

2021-6-21 20:00


Steve Hanke Calls El Salvador’s President “Stupid” For Making Bitcoin Legal Tender

Steve Hanke has condemned the legalization of Bitcoin in El Salvador. The economist believes the decision will “completely collapse” El Salvador’s economy. He called the move “stupid.” His reasoning around this being that El Salvador is a dollarized nation and making Bitcoin legal tender would be detrimental to the economy. Professor Hanke was on Kitco […] дальше »

2021-6-19 02:30


As The Market Struggles To Recover, Here Are 5 Cryptocurrencies Redditors Are Buying

Investor concerns about volatile technology stocks have been heightened by the wild collapse in cryptocurrency prices over the last week. Market analysts such as Cathie Wood, whose business, Ark Investment Management, is said to have the largest institutional investment in cryptocurrencies, have dismissed the recent drop in value of digital assets as a temporary setback, […] дальше »

2021-5-28 15:26