Tuesday, November 19, 2024
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Unpopular Opinion: Bitcoin Could Still Fall Despite US-China Conflict

Bitcoin is reportedly attracting haven demand as an escalating conflict between the US and Iran spooks investors. But that does not mean the cryptocurrency is going to register record gains in the coming days.The bitcoin-to-dollar exchange rate on Monday was trading above a psychological resistance level of $7,500. As of

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Think Tank Opinion: Facebook’s Libra Could Pave the Way for New Global Digital Currency

The president of the European think tank, the Centre for Economic Policy Research (CEPR), told CNBC that although Facebook’s forthcoming digital currency Libra has not been approved yet, it could spark the creation of another global virtual currency.Since it was announced, Libra has faced a lot of criticism from multiple

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Venture Capitalist Fred Wilson Revises His Bullish Opinion on Ether

Fred Wilson, a financier and co-founder of venture capital firm Union Square Ventures, has revised his bullish opinion on Ether (ETH).Back in 2017, Wilson had suggested the market capitalization of Ether will bypass the market capitalization of Bitcoin (BTC) and eventually be worth more per coin. However, in a Sept. 4 blog

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