Harvard Economics Professor: US Default Could Spark Global Financial Crisis

Harvard Economic Professor: US Default Could Spark Global Financial CrisisHarvard economics professor Kenneth Rogoff, who previously served as the chief economist at the International Monetary Fund (IMF), has warned that the U.S. defaulting on its debt obligations could spark a global financial crisis. “It’s a very perilous situation and we are in unknown waters,” he warned. Harvard Professor of Economics Kenneth Rogoff on U.S. […]

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Harvard Professor Rogoff: Central Banks, Governments Are ‘Way Behind the Curve’ in Regulating Cryptocurrencies

Harvard Professor Rogoff: Central Banks, Governments Are 'Way Behind the Curve' in Regulating CryptocurrenciesHarvard Professor of Economics and former chief economist at the International Monetary Fund (IMF) Kenneth Rogoff says central banks and governments are “way behind the curve” in regulating cryptocurrencies. He added that officials throw out the idea of having central bank digital currencies (CBDCs) “to distract the conversation.” Harvard’s Professor on Cryptocurrency Regulation American economist […]

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Socialite and Model Alexis Ren Doesn’t Trust the Dollar Economy, Says Crypto Is a Viable Alternative

Socialite and Model Alexis Ren Doesn't Trust the Dollar Economy, Says Crypto Is a Viable AlternativeThe American social media personality and model, Alexis Ren believes the fiat economy is “collapsing” and recently she told the press she thinks cryptocurrencies offer a viable alternative. In a recent interview, Ren explained her interest in crypto is fueled by the socialite’s reservations in the dollar-based economy. Alexis Ren: ‘The Economic Structure We Have […]

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‘Inflation in the News Driven by Rich People’ — Media Pundits Claim ‘Inflation Is Good’ as Americans Struggle With Less Purchasing Power

‘Inflation in the News Driven by Rich People’ — Media Pundits Claim 'Inflation Is Good' as Americans Struggle With Less Purchasing PowerInflation in the U.S. has a large number of Americans worried about the future of their purchasing power as the cost of goods and services has continued to rise faster every month. Reports note that Americans are struggling to pay for child care, groceries, gasoline, lumber, healthcare supplies, and used vehicles. On Friday, Harvard economist […]

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Harvard Professor Kenneth Rogoff Warns Central Banks Will Never Allow Bitcoin to Go Mainstream

Harvard Professor Kenneth Rogoff Warns Central Banks Will Never Allow Bitcoin to Go MainstreamHarvard Professor of Economics and former chief economist at the International Monetary Fund (IMF) Kenneth Rogoff says that central banks won’t allow bitcoin and other cryptocurrencies to become mainstream. “Eventually over the long course of history, the government first regulates and then it appropriates, and I think we can see that happening here,” he warned. […]

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Bearish Sentiment Pervades Among Bitcoin Analysts

Bearish Sentiment Pervades Among Bitcoin AnalystsThree months since the peak of bitcoin’s meteoric multi-year bull trend, many analysts are predicting a bearish outlook for the BTC markets. Prominent Chinese trader, Zhao Dong, has described bitcoin as exhibiting four-year market cycles that resemble the seasons in a year, forecasting that the “winter” of cryptocurrency will set-in during 2019. Harvard professor, Kenneth […]

The post Bearish Sentiment Pervades Among Bitcoin Analysts appeared first on Bitcoin News.

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Bitcoin Price Watch: Things Looking Up from Here?

Bitcoin has gained back the $200 it lost yesterday. At press time, the currency is trading for just under $7,100. Nothing huge, but that’s still better than yesterday’s “high” of $6,900. The major sentiment is that the alleged death cross has failed; bitcoin’s level of resistance has strengthened, and the low points are possibly over and done with. One source suggests that bitcoin’s ongoing slumps may finally be at an end, and recovery is on the way. Additionally, while the price has shown major vulnerabilities to newfound market trends and news stories, trading and popularity amongst cryptocurrencies in major hubs

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