One of the greatest investors of all time, Warren Buffet, has now mentioned several times that Bitcoin is a "bubble", an asset that does not produce any long-term value. The "Oracle of Omaha" does not seem to be very optimistic about the future and intrinsic value of Bitcoin. Buffet has warned multiple times that the…
Read more
Iran is the next country in line that is preparing to adopt Bitcoin infrastructure, as reported by Iran’s Deputy Minister of Information and Communication Technology, Amir Hossein Davaee. Iran is known for strict financial regulations, especially when it comes to digital payment options and technological disruption. However, with the enormous spread and popularity of Bitcoin, Iran…
Read more
CharityStars, the online fundraising auction platform, today announced that cryptocurrencies will be accepted on the platform for the first time. A bid of $36,000 USD worth of bitcoin awarded the auction winner with the opportunity to meet the legendary soccer champion, Cristiano Ronaldo. This marks a significant milestone for CharityStars as the company further cements its…
Read more
Catherine Wood, the CEO and CIO of Ark Investment Management, and reporters from the Wall Street Journal and Bloomberg, in an interview about the future of bitcoin and blockchain, said that though the market capitalization of bitcoin may be currently lower than the one that tech giants like Apple and Amazon have, the idea behind…
Read more
On Friday, October 20th, Bitcoin hit a new all-time high level of $6,000. In the afternoon, the price of bitcoin started climbing and broke the $6,000 "threshold", climbing to around $6,144 (Coinbase). Although, the price today is decreasing slowly, coming at $5, 959 (Coinbase), the market capitalization of the "people's currency" is now around $100…
Read more
After the fluctuations in the price of bitcoin over the past month, the cryptocurrency took another hit yesterday, when it dropped with a 7-day low level of $5,113, according to Coindesk and Bitfinex. The "people's currency" managed to bounce back and is now trading at around $5,669 reaching up to $5,725, with an increase of…
Read more
ETH News reported that on October 16th, the President of Brazil's Central Bank, Ilan Goldfajn, berated bitcoin as a "bubble" and a "pyramid". Brazil seems to be the next country to enter the "bitcoin conspiracy" theory that the digital currency may be a fraud and illegal method of accumulating value over time. While the technology behind…
Read more
One of the most renowned professors of economics, Robert Shiller, has recently called bitcoin "a fad" in an interview for CNBC. The author of "Irrational Exuberance" shared his opinion that people should be wary of bitcoin's popularity. He said: "It seems there is some strange enthusiasm for it", referring to the massive growth and excitement…
Read more
Brokeree Solutions announced that it has launched a portfolio of institutional solutions for MetaTrader 5, including the cryptocurrency feed (Bitcoin). In addition, the company has the following offers for brokers switching to the new platform: MetaTrader 5 Liquidity Bridge with the ability to aggregate liquidity providers PAMM plugin for arranging the investment management Extended Agent…
Read more
After much criticism from Jamie Dimon and China banning domestic exchanges from trading cryptocurrencies, Bitcoin hit all-time highs when it surged to $5,386.23, as reported by Forbes and Coindesk. After going down with almost 40% to $3,000 in August, the "people's currency" is back with a vengeance. The new highs in Bitcoin price represent around…
Read more