Sunday, June 27, 2021

Once an admirer, Naseem Taleb now says Bitcoin is worth zero

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MUMBAI: Naseem Taleb, renowned author of highly-regarded books such as Black Swan and Skin in the Game, believes that the true value of a Bitcoin is no higher than a zero. In a paper...

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Bitcoin drops below $30,000 for first time in 5 months

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LONDON: Bitcoin fell underneath $30,000 on Tuesday for the first time in five months, hit by concerns over China's ongoing crackdown on the world's most popular cryptocurrency. At about 1230 GMT, bitcoin sank nine...

Billionaire Novogratz still backs Bitcoin over gold

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Michael Novogratz, founder and chief executive officer of Galaxy Digital, told the Qatar Economic Forum he is still a buyer of bitcoin and prefers the digital currency to buying gold. Earlier on Tuesday, the...

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Bitcoin recoups some losses in Asia after plunging on Chinese crackdown

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HONG KONG: Bitcoin regained some ground on Tuesday, a day after touching a two-week low when China's central bank reaffirmed a crackdown on cryptocurrencies and restricted trading channels for Chinese residents. The world's largest...

Why Do Some Tokens Grow by More Than 1000%?

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Visit the original article*https://www.newsbtc.com/wp-content/uploads/2021/06/Picture11-460x345.jpgIntroductionThe world is a changed place when compared to how it was decades ago. The changes can be seen in infrastructure, technology, commerce, monetary systems, and much more. The...

Beijing doubles down on rooting out crypto in China

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SHANGHAI: China's central bank said on Monday it had urged some banks and payment firms to crack down harder on cryptocurrency trading, in the latest move by Chinese authorities to stem the use...