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The NFT Bubble Might Be Bursting, But Streamers And Esports Orgs Are Still Getting In On It
9.4.2021
As of last month, the age of NFTs was officially upon us. As of this month, it might be on its way out. Average prices have declined by as much as 70% since a peak in February, according to Bloomberg. That, however, has not stopped big-name streaming and esports figures from announcing their...
Bubble or a drop in the ocean? Putting Bitcoin's $1 trillion milestone into perspective
3.4.2021
Bitcoin is relatively small compared to stocks and real estate, and those holders might reinvest dividends in other assets
Nifty News: NYT says NFTs in pandemic-fueled bubble, Polkamon eggs produce $1M gas ...
31.3.2021
NYT likens the NFT bubble to the plague induced “tulip mania” of the 1600s, Polkamon NFTs generate more than $1 million in gas fees, and a man fails to sell 50% of a house as an NFT
No, Bitcoin Is Nothing Like the South Sea Bubble
18.2.2021
Those who compare Bitcoin to the great bubbles of the past need to check the historical books. This moment is very different
Chinese Retailer Goes From Bubble Tea to Crypto Mining in Unlikely Pivot
18.2.2021
Urban Tea has hired two new executives ahead of its expansion into cryptocurrency mining
Microstrategy to Sell $600 Million Worth of Convertible Notes to Buy More Bitcoin
16.2.2021
The publicly listed company Microstrategy announced that it has plans to purchase more bitcoin after acquiring 71,079 bitcoin during the last six months. On Tuesday, Microstrategy revealed its plans to sell $600 million in convertible senior notes to qualified institutional buyers in order to...
Blockchain Bites: Canada Approves Bitcoin ETF, Options Markets Not Pricing for $100K BTC
12.2.2021
Also: Did the CFTC "pop" the 2017 bitcoin bubble?
Dogecoin’s Record Price Hike Signals Bubble
11.2.2021
“Big Short” investor Michael Burry recently called Dogecoin a bubble, citing enough reasons that go in favor of his prediction. First, Dogecoin is perhaps the only cryptocurrency that does not have market capitalization. It was launched in 2013 when its price was around A$5.6 billion on...
Haunted by Past Elon Musk Predictions, Gold Bug Peter Schiff Tears Into Tesla’s BTC Acquisition
10.2.2021
After previously claiming that Elon Musk was too smart to buy bitcoin, Euro Pacific Capital CEO Peter Schiff is reacting angrily to reports that Tesla has acquired the cryptocurrency. In a series of tweets on February 8, Schiff now claims that Musk has no interest in bitcoin’s store of value...
Bitcoin is not a bubble anymore, Amber Group CEO says
5.2.2021
Bitcoin will still have notable value fluctuations, but it's out of bubble territory, according to Michael Wu
Bitcoin Inflows in Past 30 Days Exceed BTC’s Total Market Cap in 2017 and 2019, Says Report
28.1.2021
The total amount of capital inflows into bitcoin during the 30 days to Jan. 25 are as high as the entire bitcoin market capitalization in September 2017 and early 2019, according to new data from Glassnode. Glassnode co-founder and CTO Rafael Schultze-Kraft tweeted that cash inflows into bitcoin...
Bubbles Are Good for Bitcoin
26.1.2021
Far from being damaging to bitcoin, bubbles help bring in new users and ultimately accelerate the project's growth
Harvard Economics Professor: Governments Will Not Allow Bitcoin on a Big Scale and They Will Win
24.1.2021
Harvard Professor of Economics and former Chief Economist at the International Monetary Fund (IMF) Kenneth Rogoff believes that governments will not allow bitcoin to flourish on a large scale. “The regulation will come in. The government will win,” he said. The professor also discussed...
Bitcoin Seen as the Largest Bubble but ‘Tesla More Vulnerable’ — Deutsche Bank Survey
22.1.2021
Deutsche Bank has conducted a survey about financial bubbles. Eighty-nine percent of respondents see some bubbles in financial markets, with bitcoin near the “extreme bubble” territory. However, more respondents expect the cryptocurrency to double than they do Tesla’s stock....
Former US Treasury Secretary Larry Summers Says Bitcoin ‘Is Here to Stay’
21.1.2021
Former U.S. Treasury Secretary and economist Larry Summers says bitcoin is here to stay despite the concerns by some that it may be a bubble. The former secretary asserts that bitcoin’s price fluctuations are in fact a sign of its resilience. In his latest comments about bitcoin, Summers,...
Blockchain Bites: Bitcoin Bubble, Toil and Trouble
20.1.2021
Also: "Market professionals" think assets are overheating while Yellen voices concern over bitcoin
Bitcoin Now the Most Crowded Trade – Labeled a ‘Bubble’ in Bank of America Survey
20.1.2021
According to findings of a recent Bank of America (BOA) survey, buying bitcoin has now surpassed tech stocks as the most crowded trade. This new ranking means tech stocks have been relegated into second place for the first time since October 2019. Bitcoin Bubble Ranking Still, a majority of...
Crypto Long & Short: No, Bitcoin Is Not in a Bubble
17.1.2021
Commentators and analysts who say bitcoin is in a “bubble” show they don’t understand what the term means
Bitcoin bubble will pop sooner or later, says famous Russian BTC critic
15.1.2021
Anatoly Aksakov of the Russian State Duma suggested that global jurisdictions should ban Bitcoin as a payment method
Mark Cuban: Crypto ‘Exactly’ Like Dot-Com Bubble — Expects Bitcoin to Survive Bubble Burst, Thrive Like Amazon
13.1.2021
Billionaire Shark Tank investor Mark Cuban sees cryptocurrency “exactly” like the dot-com bubble. He says bitcoin and a few other cryptocurrencies are analogous to those dot-com stocks, like Amazon and Ebay, that survived the bubble burst and thrived. Mark Cuban Likens Crypto to Dot-Com...