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“# Bitcoin does not make a great deal of sense, according to billionaire Lee Cooperman ” By his own admission, Lee Cooperman still does not understand Bitcoin, despite BTC being up more than 300% since early December 2017. Speaking to CNBC on Thursday, the billionaire investor alluded to people his age having a hard time…
“# Altcoin Roundup: Time to rotate! Data suggests traders are shifting from NFTs to DeFi ” An important part of preserving investing profits is knowing when an asset or sector is showing signs of exhaustion and when a sector rotation is underway. This is especially important in the rapidly moving cryptocurrency markets, which can change…
“# Fantom price gains 100% after launching a 370M FTM incentive program ” The Ethereum (ETH) network continues to enjoy the status of being the top smart contract platform in the blockchain industry, but the competition is slowly gaining market share because high costs and network congestion are still challenges for the protocol. One project…
“# Peter Schiff wins debate over whether gold is a better store of value than BTC ” Gold proponent and crypto skeptic Peter Schiff has been crowned the winner of a debate on whether gold is a superior store of value to Bitcoin. Schiff was facing off against Skybridge founder and former politician Anthony Scaramucci…
“# Jordan Peterson wraps his divisive giga-brain around Bitcoin ” Controversial Canadian psychologist Jordan Peterson appears to have turned onto Bitcoin (BTC) in the latest episode of his podcast. On Tuesday, Peterson published a podcast titled “Bitcoin: The Future of Money?” which hosted a panel of Bitcoiners including John Vallis, the host of the Bitcoin…
“# Options traders aim for $100K Bitcoin by the end of 2021, is there a chance? ” Bitcoin (BTC) investors are known for being bullish, and even during 50% corrections like the current one, most analysts remain optimistic. One reason for investors’ endless optimism and belief in infinite upside could be BTC’s decreasing issuance and…
“# Bitcoin is a ‘disgusting’ product that comes ‘out of thin air,’ says Charlie Munger ” Charlie Munger, billionaire investor and vice chair of Warren Buffett’s Berkshire Hathaway conglomerate, did not mince words when it came to describing his feelings on crypto. In the Berkshire Hathaway Annual Shareholders Meeting streamed live on Saturday, Munger addressed…
“# OpenSea collector ‘pulls the rug’ on NFTs to highlight arbitrary value ” A crypto artist known as neitherconfirm recently listed 26 non-fungible tokens, or NFTs, for sale on OpenSea’s digital marketplace. Things took an unexpected turn earlier today, however, after the artist changed the images associated with each token from computer generated portraits into photos of literal carpets….
“# Argo Blockchain CEO becomes first publicly traded company exec paid in Bitcoin ” On Wednesday, British cryptocurrency mining company Argo Blockchain revealed that Argo CEO Peter Wall is now the first executive of a publicly-traded company to take their entire salary in Bitcoin. In a February operational update, the company — which trades on…
“# Bitcoin moves $500K around the globe every second, says Samson Mow ” Blockstream’s Samson Mow wants to move the conversation away from Bitcoin’s (BTC) performance in transactions per second and toward its role in ushering in “a new financial paradigm,” that is, serving as a permissionless medium for the store and transfer of value….