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
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
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
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
Every year the industry optimistically announces that 2018 or 2019 or 2020 will be “the year of the DAO.” Just watch, any minute now someone will tell you that about 2021. While, personally, my favorite theme is how DAOs (or decentralized autonomous organizations, a way to organize capital without a centralized corporate structure) fall short, […]Read More
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