Executive Board member of the European Central Bank (ECB) Benoit Coeure considers Bitcoin (BTC) to be the “evil spawn of the financial crisis,” Bloomberg reports Nov. 15.Coeure reportedly made his acid remarks at the Bank for International Settlements (BIS) in Basel. The BIS’ general manager Augustín Carstens...
Economist Steve Hanke often scoffs that bitcoin isn’t “a real currency.” The Johns Hopkins University professor has also compared the cryptocurrency market to the Dutch tulip bubble, and even went so far once as to claim...
Bitcoin has set a new low for 2018, and is now inching closer and closer to BitMEX CEO Arthur Hayes’ prediction that Bitcoin will reach $5,000.BitMEX CEO Called for Bitcoin to Test $5K Support, Nails PredictionOutspoken CEO and co-founder of popular margin-trading platform BitMEX has made a number...
Bitcoin tumbled below $6,000 for the first time since August and reached its lowest level in over a year, breaking the recent stretch of tranquility...
We often hear about how Bitcoin BTC is trying to disrupt the financial industry. Well, it...
“Bitcoin prices drop”: That’s been the news throughout pretty much all of 2018. ...
One of the eurozone’s top central bankers has dubbed bitcoin “the evil spawn of the financial crisis”. Benoît Cœuré, a member of the Executive Board of the European Central Bank, became the latest central banker to lay into the cryptocurrency, saying the problems of bitcoin were “plentiful”. “Lightning...
Bitcoin fell to a more than one-year low on Wednesday, falling below a key support level of $6,000, with traders and analysts unclear on what caused the sudden drop in price. “The market had been entering a wedge, with the volatility so low,” said Charlie Hayter, founder...
(photo credit: Getty)Getty I’ve been writing about how bitcoin has been in an increasingly tight range and how when it breaks out...