The famous author of The Black Swan, Nassim Nicholas Taleb, says investors should not buy bitcoin. To hedge against the current turbulent market, he advises buying stocks or real estate, emphasizing that bitcoin has no connection to inflation or “anything economic.” Nassim Taleb Advises Against Bitcoin Investing Nassim Nicholas Taleb, the famed author of “The […]
Powered by WPeMatico
]]>
The price of ethereum dropping double digits on March 12 sent shockwaves through the decentralized finance (defi) community. Makerdao’s single collateral DAI has been struggling and the low price of ETH has left millions worth of DAI undercollateralized. The defi project’s undercollateralizition was also blamed on price oracle discrepancies. Also read: The 35 Most Influential […]
The post ETH Price Strains Defi Collateral Loans as ‘Black Swan’ Event Strikes Makerdao appeared first on Bitcoin News.
Powered by WPeMatico
]]>
In roughly three days, on Feb. 7, Cryptograffiti’s latest art auction on Bitify will come to an end. “Running Bitcoin,” a tribute to the legendary cryptographer Hal Finney, currently has a bid of $31,000 at the time of writing. Over the past few months, Cryptograffiti has been creating very interesting pieces and unique auctions that […]
The post Cryptograffiti’s Latest ‘Running Bitcoin’ Portrait Sees Auction Bids of Over $30K appeared first on Bitcoin News.
Powered by WPeMatico
]]>
It would be an unusual week in bitcoin where there weren’t glum tidings to report, be it an exchange hack, regulatory clampdown, or edict from the east. It just so happens that this week witnessed all three – and on the same day, no less. You could call it bad luck, or you could call […]
The post This Week in Bitcoin: Black Swans appeared first on Bitcoin News.
Powered by WPeMatico
]]>