Tags : good

Cryptocurrency

Crypto’s “bad boy” Dogecoin does more harm than good, analyst

Financial advisor Ric Edelman chimes into the Dogecoin debate by calling the controversial meme token the “bad boy of crypto.” Despite outperforming Bitcoin x165 year-to-date, Dogecoin continues to divide opinion. The primary arguments against it center around its poor fundamentals, namely its uncapped token supply and lack of definitive use case. However, as evidenced by […]Read More

Bitcoin

Billionaire investor sees “good probability” of a Bitcoin ban

Billionaire investor and founder of Bridgewater Associates Ray Dalio warns that there’s a “good probability” that governments will move to ban Bitcoin. Bitcoin represents a threat to the monopoly of the supply of money The end of 2020 saw Dalio blast Bitcoin on several fronts, including a view that it’s a poor medium of exchange […]Read More

Market

As Wall Street Fixates on Inflation Hedges, Good Luck Finding

Price Point Bitcoin (BTC) was lower, after an intraday price spike on Tuesday took the largest cryptocurrency to a new all-time high of $48,226.25, based CoinDesk 20 data.    $50K in sight: “Bitcoin needs a couple more big endorsements, and that could be the key to take prices above the $50,000 level,” Edward Moya, senior […]Read More

Market

Yanhao “Max” Wei: Bubbles Are Good for Bitcoin

Over the last few weeks, the price of bitcoin has hit a record high of more than $41,000, blowing past the 2017 bubble high point of $19,783. The price has since declined relatively rapidly, and questions have arisen about what’s next for this latest bubble. This presents an opportune moment to analyze why these bubbles […]Read More

Regulation

Is Gary Gensler’s appointment as head of the U.S. SEC

The incoming chairman is said to hold a favorable view of Bitcoin and other cryptocurrencies. Bad for Wall Street, Good for Bitcoin Gary Gensler will be named chair of the U.S. Securities and Exchange Commission (SEC) by President-elect Joe Biden, as per a Reuters report on Tuesday that cited two sources familiar with the matter. […]Read More