UBS: Crypto Has Fundamental Flaw, Bitcoin's Fixed Supply Could Cause Its Value to Collapse
A chief economist at UBS, the largest bank in Switzerland, says cryptocurrency has a fundamental flaw. Bitcoin’s fixed supply could cause the collapse of its value and spending power, making it unattractive to use as a currency, he claims.
Bitcoin could soon feature on VISA network, CEO Al Kelly says
The payments giant might add cryptocurrencies to its expansive global network.
Money Will Flow into Bitcoin as Robinhood Restricts GameStop Trading: Max Keiser, Barry Silbert
While Robinhood, TD Ameritrade, others restrict GME and AMC trading, crypto community, including Max Keiser, Barry Silbert believe that money will flow into Bitcoin now.
Research Proves Recent Transfers of 8,000 Ten-Year-Old 'Forgotten Bitcoins' Were Sold to Coinbase
For months now our newsdesk has followed the tracks of a mysterious whale from 2010, a miner who not only mined thousands of bitcoin back in the day, but has also spent over 8,000 bitcoin during the past ten months. This week, the Russian blockchain researcher, Issak Shvarts published a report about the decade-old block rewards, and he claims to have shown “full proof” that the bitcoins are now owned by Coinbase and also distributed after the transfers.
Ark Invest Reveals What Could Push Bitcoin to $500,000
Ark Invest considers a few different scenarios that could see Bitcoin’s price reach staggering heights.
University Endowments Have Been Quietly Buying Bitcoin for a Year: Report
Some of the largest university endowment funds in the U.S. have reportedly been quietly buying bitcoin for the past year through accounts at Coinbase and other cryptocurrency exchanges.
Here’s the Key Level Bitcoin Needs to Reclaim for Bulls to Take Control
Bulls could still take back control if they can break above one crucial level.
BYBIT ANALYSTS INDICATES ALT-SEASON MAYBE UPON US DESPITE FEARS OF RAMPANT VOLATILITY
ALT-SEASON IS COMING TO AN EXCHANGE NEAR YOU
Whales Own 40% Of All Bitcoin – Are They Manipulating The Market?
Nearly half of the Bitcoin market is controlled by only 2500 accounts. Were there any collaboration between some of these ‘whales’, then given the relatively thin volume on trading Bitcoin, these whales would be able to have a huge amount of sway over the rise and fall in the Bitcoin price.
Nasdaq-Listed Company Buys $150 million worth of Bitcoin as a part of its Treasury Reserves
Bitcoin is well on the road to becoming a scarce asset as more institutions buy huge amounts of the number one cryptocurrency. The latest to get its hand on more than 4500 Bitcoins is Nevada-based Nasdaq-listed Marathon Patent Group Inc.
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