Nouriel Roubini Changes View, Admits Bitcoin “Maybe Is A Partial Store of Value”

Nouriel Roubini is well-known to those keeping an eye on the crypto industry. Roubini, who is known as “Dr. Doom” after predictions related to the financial crisis of 2007 - 2008, has been a harsh critic of cryptocurrencies. Now, it would appear that he has - at least partly - begin to change his views. … Continue reading Nouriel Roubini Changes View, Admits Bitcoin “Maybe Is A Partial Store of Value”

Bitcoin Falls Below $8,000 As Some Question If Bullish Macro Trend Is Broken

Bitcoin Falls Below $8,000 As Some Question If Bullish Macro Trend Is Broken

The price of Bitcoin has recently fallen below the $8,000 line. This comes as the Bitcoin price has been trading above the $8,000 line for the past couple of weeks. Now, some are questioning whether this could herald a break in the overall bullish macro price trend. Bitcoin heads below $8,000 At the time of … Continue reading Bitcoin Falls Below $8,000 As Some Question If Bullish Macro Trend Is Broken

US Congressman Urges Facebook to Add Bitcoin Support Instead of Creating Libra

US Congressman Urges Facebook to Add Bitcoin Support Instead of Creating Libra

The last week has seen Facebook face an increasing amount of difficulties relating to its Libra cryptocurrency. At the time of writing, the Libra Association has lost a number of its most notable founding partners. Now, a US Congressman is urging Facebook to abandon Libra, and instead embrace the existing premier cryptocurrency - Bitcoin. US … Continue reading US Congressman Urges Facebook to Add Bitcoin Support Instead of Creating Libra

US Treasury Secretary Sheds Light on Libra Mass Exit as Facebook Faces Lawsuit

US Treasury Secretary Sheds Light on Libra Mass Exit as Facebook Faces Lawsuit

The United States Treasury Secretary, Steven Mnuchin, recently shed some light on the highly publicized mass exit from the Libra Association last week. This comes as Facebook is also facing a Libra-related lawsuit against its Calibra organization. Treasury Secretary Steve Mnuchin says Libra exit was due to compliance issues First and foremost, Mnuchin’s comments came … Continue reading US Treasury Secretary Sheds Light on Libra Mass Exit as Facebook Faces Lawsuit