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The demise of Tether has been a car crash in slow motion. An unswervable event that has played out over the course of months, it has reached a crescendo in the past 24 hours, with tether slipping significantly from its dollar peg. It is possible, perhaps even probable, that it will regain parity with the … Read more
Tales of woe are easy to come by in the current market, in which most altcoins are faring multiples worse than bitcoin. Investors that have avoided the following projects, however, can draw some solace. Also read: US Court Issues Emergency Order Halting a Planned Initial Coin Offering This Year’s Underperforming Coins Have Fared Worse Than You … Read more
Noted Bitcoin critic Nouriel Roubini will deliver a speech on cryptocurrency and blockchain to the U.S. Senate today, and it is unlikely that the man known as “Dr. Doom” will mince his words. Nor will the economist concern himself too much with the truth, as his prepared testimony is filled with exaggerations and inaccuracies that … Read more
Bitfinex has vigorously refuted claims that it and its Tether stablecoin are on the brink of insolvency. Rumors have surrounded the opaque exchange for over a year, but have intensified in the past month. “Bitfinex is not insolvent, and a constant stream of Medium articles claiming otherwise is not going to change this,” asserts a … Read more
Cryptocurrency users are some of the biggest threats to the future of Bitcoin and altcoins. Although that may not necessarily be a popular opinion, a recent FUD campaign targeted at the KuCoin exchange shows how some users are purposely destroying this industry from within. It’s a very worrisome development, although there isn’t much that can … Read more
Paul Krugman, the famed economist who’s made a career out of being wrong about things, is wrong again. That in itself is no more surprising than the fact that his latest op-ed takes aim at his favorite bête noire – bitcoin. The surprising part is that Krugman has resorted to the same hackneyed arguments he … Read more
Mainstream media (MSM) loves bitcoin. It is the Donald Trump of money, certain to generate guaranteed clicks with minimum effort. As cryptocurrency has risen, over the past 18 months, so has its profile in MSM publications. But don’t mistake this prolific coverage for affection. Mainstream media has always hated, feared, and misunderstood bitcoin. BTC might … Read more
It’s been a good week for bitcoin (BTC), which is up 8%. But you wouldn’t think so to read the news. Alight on one of several mainstream media (MSM) outlets and you might have learned that bitcoin is crashing and on its way to zero. Taking cheap shots at bitcoin is great for attracting rage … Read more
As was to be expected during the recent crypto market recovery, a further decline would occur sooner or later. Unfortunately for all cryptocurrency enthusiasts, that correction is taking place right now. All currencies are dropping like flies, although the EOS price is definitely taking the brunt of the assault. EOS Price Continues its Decline It … Read more
The EOS mainnet is less than a week old but already the much-vaunted blockchain has ran into a spate of issues ranging from the minor to the critical. Teething problems with new blockchains are to be expected, but the numeracy of these, coupled with a series of other anomalies, have had EOS critics scratching their … Read more
