There’s no shortage of optimism in the cryptocurrency and blockchain world – so much so that cold, harsh truth starts to become a rare commodity. With that in mind, let’s take a sobering look at five truths cryptocurrency investors don’t want to hear, no matter how much they should. 1. In a World of Bitcoin […]
Category: Cryptocurrency News
This Anti-Bitcoin Op-Ed Just Took the QuadrigaCX Dialogue to a New Low
Writing for Foreign Policy, David Gerard levies the following taunt: “Forget Bitcoin, try your mattress – cryptocurrency is about as safe as keeping your money in a sock under someone else’s bed.” David Gerard Lays into Bitcoin Yeah, tell that to the guy whose kids are playing with his change for a cup of coffee. No […]
Elon Musk Confirms Exit From Openai Over Disagreements to Focus on Tesla, Spacex
Billionaire Elon Musk confirmed that he exited OpenAI, an artificial intelligence research group, on “good terms” amid disagreements with team members over the project’s direction. Musk also cited a desire to focus on “solving a painfully large number of engineering and manufacturing problems at Tesla (especially) and SpaceX.” Elon Musk Cites Competition Over Talent On Twitter, Musk […]
The $232 Million ICO Debacle Continues as Tezos Community Opposes Class Action Lawsuit
Tim Draper-endorsed blockchain Tezos is the subject of a consolidated class action lawsuit brought by unsavory individuals. A group of Tezos community members believes the lawsuit is depressing the Tezos price and that the named lead plaintiff, Arman Anvari, does not adequately represent the Tezos community. Anvari has publicly agreed with this sentiment. Arman Anvari […]
$150 Million Scandal of Canada’s Biggest Crypto Exchange Sees New Twist in Dead CEO’s 2014 Interview
The recent scandal of QuadrigaCX in which Canada’s biggest cryptocurrency exchange lost $150 million worth of crypto shocked the financial space. It deteriorated the public image of the cryptocurrency sector overnight as analysts condemned the loss of hundreds of millions of dollars following the alleged death of CEO Gerald Cotten who had sole control over […]
Bitcoin to Secure First Positive Month Since July 2018, When Will Stalemate Break?
For the first time since July 2018, Bitcoin (BTC) is on track to record its first green monthly candle, recording a positive month, According to cryptocurrency trader Josh Rager, if the Bitcoin price remains above the $3,414 mark by the end of February, BTC will establish a green monthly candle. “Bitcoin is working on its […]
JP Morgan Launches Fake Cryptocurrency, Coinbase Releases Bitcoin SV Hostages and Coinmama Exposes User Data: This Week in Crypto
This week, JP Morgan Chase launched a blockchain-based IOU system that definitely isn’t a cryptocurrency. Waves Platform and Coinbase both released any Bitcoin SV they were previously holding. Two public pension plans invested in blockchain technology. And let’s not forget, Coinmama, an alternative to Coinbase for easy acquisition of cryptocurrency, suffered a breach. Not much […]
This Chinese Crypto Mining Guru Predicts the Bitcoin Price Will Surge 20,000%
A Chinese crypto mining pool founder predicted that the next bull run would unleash the market’s full potential, enabling the Bitcoin price to ascend to unfathomable heights before the euphoria cools down. Bitcoin Market Cap To $12 Trillion? News 8BTC’s Lylian Teng reports: “Zhu Fa, co-founder of crypto mining pool Poolin, recently made a bullish […]
This Wall Street Analyst Forecast Tesla’s Dominance. Here’s What He Says Will Shake up the Auto Industry Next.
Adam Jones, Global Auto Analyst at Morgan Stanley, warned that the production of an electric vehicle by either Tesla or Rivian could be bad news for traditional car makers in Detroit. Why? This wildly profitable segment of the vehicle industry is one that auto companies don’t mess around with. Amazon Plunks Down Major Cash to […]
Someone Please Let Jamie Dimon Know That His New Cryptocurrency is a Fraud
JP Morgan Chase and Co. announced Thursday it would be the first major institutional bank to release its own cryptocurrency. Its new JPM Coin is an almost shockingly impotent reaction to Bitcoin and other cryptocurrencies by the United States’ largest bank. Jamie Dimon Gets a New Toy Newsflash: Bitcoin Basher Jamie Dimon & JP Morgan […]
