Wall Street rains on the Bitcoin parade as Citi downgrades MircoStrategy to a sell. The stock market is practically a casino anyway. No need for @michael_saylor to make the transformation official by borrowing $400 million to gamble on Bitcoin. I bet the wager never takes place.
G7 Nations Discussing Need to Regulate Crypto Assets, Says US Treasury Department
Finance leaders from the world’s largest economies are tackling the future of global crypto assets regulation. The US Treasury says finance ministers and central bank governors from G7 countries – United States, Canada, France, Germany, Italy, Japan, and the United Kingdom – expressed their strong support for the need to regulate cryptocurrencies and other digital […]
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Bitcoin May Need “Life Support” as Bulls Try to Defend Key Support
As Interest in Crypto Explodes, the Need for Risk Management Increases
The crypto investment thesis shared by many seems to be that the market operates in four-year cycles. 2018 and 2019 were clearly the bear market. Although the early part of 2020 was also bearish, that has clearly turned around with Bitcoin (BTC) now nearing its all-time high. If the four-year cycle holds true, 2021 will […]
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RT @CasaHODL: As the trend of corporate Bitcoin treasuries continues to rise, there’s no longer a need for companies to trust third partie…
There is no need to overestimate the impact of this incident. The attitude of China local power companies towards crypto mining is often changing. It is more a demand for economic interests than political pressure.
No need to fear the Bitcoin FUD, says Sino Global Capital
After a week of gloomy headlines and a brutal price dip, traders would do well to think long term.
Detractors hate the fact that Bitcoin’s incentives are aligned in such a way that it continues to attract new adopters and grow in strength. They categorize it as a Ponzi scheme but miss the fact that early adopters have no need to “cash out” – they already did, from fiat.
@CryptoDonAlt I think an overwhelming majority of the money going into BTC is a result of QE / fears of inflation / expectations of a long term store of value. I might be an optimist but I don’t think most people in the developed world will ever “need” Bitcoin outside of combating inflation.
I might be an optimist but I don’t think most people in the developed world will ever “need” Bitcoin outside of combating inflation.