Ever since the Bitcoin (BTC) bull run of 2017 – it seems like everybody has been vocal about their opinions about cryptocurrency. Often times, there might be reasons for the opinion, and they might be part of an overall agenda. We have seen various finance executives downplay cryptocurrency, knowing that they represent a threat to traditional financial institutions. This includes…
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When it comes to cryptocurrency proponents, there are few as enthusiastic as Anthony Pompliano. Not only is Pompliano a founder and partner of cryptocurrency asset firm Morgan Creek Digital, but he also keeps many cryptocurrency lovers informed through his “Off The Chain” newsletter, as well. Pompliano hasn’t held his tongue when he feels that it’s a bearish time for cryptocurrency,…
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There are all sorts of achievements and partnerships that the cryptocurrency community has praised, and some have been more successful than others. It’s clear that if you are a cryptocurrency proponent, you understand that the more that individuals are aware of cryptocurrencies, the more potential there is for mass adoption of potential money flow into the crypto-markets. One sign that…
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There are countless cryptocurrency enthusiasts, traders, and investors that have pointed out that cryptocurrencies represent a threat to traditional financial institutions, such as banks. There has also been the share of economists, bankers, and high-profile finance executives that have criticized the entire sector, lending credence to the idea that it is a viable threat. Jamie Dimon of JP Morgan Chase…
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The cryptocurrency community is still finding hope, despite the fact that Bitcoin is still below $4,000, which many believe to be a bearish sign. However, the beauty of the cryptocurrency community is that there are constant announcements about steps towards adoption, or countries, governments, and organizations, exploring blockchain technology, or corporations considering implementing a new cryptocurrency. The cryptocurrency community is…
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There is probably no single incident that has affected the cryptocurrency markets in a larger way than the Mt. Gox incident. At one point, the Tokyo-based cryptocurrency exchange was handling 70% of all Bitcoin (BTC) volume in the world, but those days are long gone. The exchange suspended trading in 2014, and was later liquidated, as 850,000 Bitcoin was stolen.…
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There are various high-profile entrepreneurs that have spoken highly about blockchain, and even companies that have launched their own cryptocurrencies, as well. One notable example is the fact that the Kik messenger app has launched its own cryptocurrency (KIN). There are also rumors that Facebook plans to launch its own cryptocurrency, as well. However, the Binance CEO, Changpeng Zhao, seems…
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While it seems as though a new Fortune 500 company is exploring blockchain technology, or there is a new company or merchant that accepts Bitcoin (BTC), it wasn’t too long ago that there were many individuals, whether they are experts in their field, or simply have a large platform, that claimed that Bitcoin was dead. Of course, this might have…
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There is no doubt that there are many economists that have dismissed the cryptocurrency markets for years. There are those that believed that Bitcoin was going to be nothing more than a fad, and that it would never reach the prices that it has reached, even if it currently is continuing to consolidate under $4,000. Of course, there is something…
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There is one undeniable fact about markets and business – there are ups and downs, and times of growth and prosperity, and times where companies have to figure out how to cut costs as quickly as possible. While more people than ever are aware of blockchain and cryptocurrency, the markets still aren’t off to the best start, as it appears…
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