Bitcoin is not an inflation hedge, Bitcoin skeptic claims
Nassim Taleb persists in his belief that Bitcoin is not a good hedge against inflation.
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‘Black Swan’ Author Nassim Taleb Advises to Stay Out of Bitcoin, Citing No Link to Inflation or ‘Anything Economic’
The famous author of The Black Swan, Nassim Nicholas Taleb, says investors should not buy bitcoin. To hedge against the current turbulent market, he advises buying stocks or real estate, emphasizing that bitcoin has no connection to inflation or “anything economic.” Nassim Taleb Advises Against Bitcoin Investing Nassim Nicholas Taleb, the famed author of ...
Ethereum ETFs are here, building case for US approval of BTC and ETH funds
While Bitcoin may evolve to become gold 2.0, Ether-based funds could offer investors exposure to a new utility technology.
Bitgo Chosen to Manage Seized Cryptocurrencies for the US Marshals Service
The U.S. Marshals Service has published a contract showing the crypto custodian Bitgo has been chosen to manage law enforcement’s seized bitcoin acquired through criminal forfeiture. The contracted deal is $4.5 million for the storage, maintenance, and disposal of cryptocurrencies according to documents released on Wednesday. USMS Pens a Deal With Bitgo During the ...
Torum Closes Million Dollars Private Round to Create Social Media Platform With NFT and DeFi
PRESS RELEASE. Torum, a social media platform specially designed for cryptocurrency users, is proud to announce that the project is now backed by some of the most promising VCs in the crypto industry. The $1.45M private round was participated by 13 private investors which consist of AU21 Capital, Momentum 6, Lotus Capital, Consensus Lab, ...
Analyst enters $32.5K Bitcoin buy order as hodlers bet on $46K BTC price bottom
Peter Brandt is bracing for bigger price drops as technical indicators suggest bulls will yet be spared an apocalyptic crash.
Egypt’s Growing P2P Volumes Being Driven by Crypto Traders Under the Age of 34
A recent market report by Localbitcoins suggests that traders or holders under the age of 34 are driving crypto volumes in Egypt. This rise in Egyptian crypto transactions is evidenced by P2P data which shows the crypto asset’s weekly traded volumes averaging $205,000 in much of Q1 of 2021. The Premium on BTC In ...
Nigerians Shun Local Currency— Seek to Protect Wealth From Inflation and Currency Depreciation with Foreign Currency
Nigerians are thought to be accumulating foreign currencies which they believe will protect their wealth from the naira’s volatility as well as the surging inflation. Further, as a research paper in a journal published by the Central Bank of Nigeria (CBN) found, Nigerians’ use of dollars exceeds IMF’s 30% threshold. Exchange Rate Volatility and ...
Bitcoin price ‘relief’ move to $47K pushes BTC below stock-to-flow trajectory
The creator of the stock-to-flow models, PlanB, says that Bitcoin is still acting “like clockwork” with regard to the their predictions.
