Cryptocurrency

The Bitcoin Haters And Their Bitcoin Beef

These notorious bitcoin bears have much to say about the technology — may the market decide the winner. “Disgusting and contrary to the interests of civilization” “Of course I hate the bitcoin success. I don’t welcome a currency that’s so useful to kidnappers and extortionists and so forth. I think I should say modestly that the whole damn development is …

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Salvadoran President Nayib Bukele Taunts Economist Steve Hanke After Bitcoin’s Price Skyrockets

On October 15, the day bitcoin’s price surpassed the $60K per unit handle, Salvadoran president Nayib Bukele taunted the professor of applied economics at Johns Hopkins University, Steve Hanke, over his recent statements. At the time, the well known economist warned that El Salvador faces “financial ruin” with “Bukele at the helm,” after El Salvador’s president bought the bitcoin dip …

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Bitcoin Is The Best Form Of Money, Says Morgan Creek Capital CEO

Mark Yusko said in an interview that Bitcoin will power the internet of value by being its “base layer.” Bitcoin is the best form of money and will be the base layer of the internet of value, said Mark Yusko, CEO of Morgan Creek Capital, in an interview with Cointelegraph. Yusko shared his thoughts on Bitcoin, gold, cryptocurrencies, and the …

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Bank Of England Will Scramble To Buy BTC Before It Hits $1 Million, Says Bitcoin Maximalist

Bitcoin expert Max Keiser has said that the Bank of England (BoE) will scramble to buy Bitcoin before the digital asset trades at $1 million. His comments come after Bank of England’s deputy governor for financial stability, Jon Cunliffe, warned that cryptocurrencies could spark a global financial crisis unless tough regulations are introduced. Although regulators in many countries have started putting policies …

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Bitwise Files For Physically Backed Bitcoin ETF

The firm’s CIO explained their filing’s rationale, sharing that the SEC can now approve an actual bitcoin ETF. Bitwise Asset Management has filed for a physically-backed bitcoin ETF with NYSE Arca, according to a new filing with the SEC. The exchange-traded fund would trade spot bitcoin instead of BTC futures, as most filings have recently sought to do. “The market …

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