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Global debt records were broken in 2019, but that likely won’t be the end of such ominous economic milestones, the Institute of International Finance (IIF) predicts. The number could reach $257 trillion sometime in Q1 2020, according to a recent report by the group. Economies worldwide are struggling to address pressing issues such as stimulation […]
The post IIF Report Predicts Global Debt Will Reach New All-Time High of $257T in 2020 appeared first on Bitcoin News.
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Many people wonder why the cryptocurrency boom of 2017 came to such an abrupt halt. The obvious reason would be because speculators came to their senses and cashed out. It now seems the Trump administration may be to blame for this unfortunate series of events. The futures products, which were designed to take cryptocurrency mainstream, may be the downfall of the industry. The Collapse of 2017 and 2018 It was a spectacular run for Bitcoin, altcoins, and tokens throughout the second half of 2017. Massive gains were noted across the board, albeit everyone agreed the rate would not be sustainable
The post Bitcoin Futures Launch Allegedly Triggered the 2018 Crypto Winter appeared first on The Merkle Hash.
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A common attack against Tether in the crypto ecosystem is that the stablecoin isn’t really backed one-to-one by the U.S. dollar. We might soon get to know if these concerns are substantial, as the matter is now going to court. A new lawsuit against the operators of USDT accuses them of creating the largest bubble […]
The post Tether Created ‘Largest Bubble in Human History’ Claims Lawsuit Against Bitfinex appeared first on Bitcoin News.
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Crypto is “taking over the world,” ShapeShift’s Erik Voorhees has said in a new mainstream media interview
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At the Salt conference in New York, economist and notorious cryptocurrency critic Nouriel Roubini said that “cryptos is the mother and father of all bubbles”
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An analysis of the bitcoin price movements and what tether and Bitfinex have to do with them, from a leading Italian economist
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A new survey prepared by the CAIS has shown that almost half of alternative investors believe that crypto is a bubble
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From what it was like to work for Lehman Brothers to the sentiment analysis of the crypto market and the signs of the next financial crisis — we talked to CNBC’s analyst Brian Kelly about everything
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Blockchain is “no better than an Excel spreadsheet” according to Nouriel “Dr. Doom” Roubini, one of the most notorious cryptocurrency critics
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Cardano founder Charles Hoskinson believes crypto will be a mature ecosystem by the time the market regains all-time highs
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