Tags : paints

Bitcoin

Bitcoin Paints Predictive Death Cross As Price Risks Falling to

Key Bitcoin Takeaways Bitcoin exploded past $61,000 during the weekend session to hit a new record high. The cryptocurrency failed to hold the upside momentum as profit-taking intensified. It is now trading about 9 percent lower from its sessional top and has hinted at further downside risks after forming a death cross. The cost to […]Read More

Bitcoin

Economist paints woeful outlook if Bitcoin were to ever succeed

London School of Economics teacher Jon Danielsson argues that Bitcoin and fiat currency cannot co-exist. Danielsson claims the concept of Bitcoin as money makes no sense. What’s more, should it ever succeed, he envisions a world of great inequality which, as he alludes to, is contrary to its egalitarian principle. “Fortunately, the more successful bitcoin […]Read More