NYU Economist Nouriel Roubini is hyped over the massive bitcoin price drop since October.
Altcoin prices are down too. Theories abound as to the causes of what could be the next crypto winter.
The crypto industry’s leaders see opportunity in the bitcoin bear market.
Nouriel Roubini piled on the FUD Tuesday morning. As bitcoin’s price continues its plunge into what could be another crypto winter, the NYU economist suggested it’s the end of crypto entirely:
Source: TwitterThe tweet is classic Roubini. Dubbed “Dr. Doom” for predicting the 2007 housing bubble crash, he’s also warned against bitcoin, calling the cryptocurrency “overhyped” and the industry surrounding it a “cesspool.”
But his overtly political criticisms of bitcoin may call into question the earnestness and objectivity

Facebook CEO Mark Zuckerberg and board member Peter Thiel met secretly with President Trump in October.The purpose of the meeting – and why it wasn’t disclosed by the White House – remains unknown.After Facebook revealed the meeting had taken place, Democrats dragged Zuckerberg on Twitter.President Donald Trump invited Facebook CEO Mark Zuckerberg and board member Peter Thiel to a White House dinner in October, but didn’t disclose the meeting to the public.Facebook told NBC News about the secret meeting on Wednesday. The dinner took place at the White House while Zuckerberg was in Washington to testify to Congress about his company’s Libra cryptocurrency.Crypto Goes to WashingtonFacebook’s Libra project has put crypto front and center in Washington – for better or worse. | Source: AP

A user discovered an anomaly Monday in command line interface binaries downloaded from Monero’s website.The Monero community quickly discovered malicious code. One user reported $7,000 missing from their wallet.Users can take steps to verify code before running it, and additional security measures to secure their crypto.GetMonero.org, the official website of the privacy-focused Monero cryptocurrency, is down Wednesday morning, two days after a user on Github reported a miss-matched hash in command line interface binaries available for download from Monero’s website.Monero’s official website is down Wednesday morning following news of a malicious, crypto stealing hack.$7,000 of Monero Reported StolenA few hours later, users had determined that the anomaly was no error, but malicious code

Crypto investors supported Hillary Clinton over Donald Trump by a wide margin in the 2016 election.
But those who supported Trump have invested significantly more of their savings in cryptocurrency.
Libertarian Gary Johnson was almost as unpopular with crypto investors as the general population.
A recent survey of the political affiliations among cryptocurrency investors found that crypto owners voted for Hillary Clinton over Donald Trump by a wide margin in the 2016 election. 46% of survey respondents said they voted for Hillary in 2016.
President Trump trailed far behind his Democratic rival in the survey, with 34% reporting they voted for the president. The actual popular vote percentages for Hillary and Trump were 48% and 46% respectively.

So these survey results show a

EToro, the global social investing platform, just launched its innovative “CopyTrading” feature for U.S. users. It will allow the app’s 11 million accounts to automatically copy the moves of top securities traders. They’ll win – or lose – the same percentage of their investment. It’s like following someone on social media but with money. eToro Director of Finance and Operations Hassan Ahmed revealed on Twitter that CopyTrader has made its way to the U.S.

Ever the innovative fintech firm, eToro’s copytrading arrived in the U.S. just days after it launched a Twitter mention-weighted crypto portfolio. The company claims the algorithm, which makes trades based on “crypto Twitter” sentiment, has delivered 281% returns for its creators over the past two years.
Following CashApp’s

Joe Rogan briefly touched on cryptocurrency and the potential of Google’s so-called “quantum supremacy” in a recent podcast with comedian Roseanne Barr. She prompted the brief discussion of crypto when she predicted the future economy will be cashless: “There’s not going to be any more money. I just don’t think there’s going to be any more money.” Joe Rogan Gives Shout Out to Quantum Computing That got Joe Rogan’s wheels turning, and he asked Barr if she had heard of quantum computing. Then he summarized the potential threat it poses to cryptos like bitcoin: “This Google quantum computing thing– they think it’s a huge threat to cryptocurrency. I’m too stupid to understand whether or not they’re right. But what they’re trying to say is there would be no way to encode or encrypt this

Former U.S. Congressman and three-time presidential candidate Ron Paul will be headlining the Litecoin Summit. Paul will be sharing the stage in the luxurious Cosmopolitan hotel on the Las Vegas strip this October with Litecoin creator Charlie Lee and Morgan Creek Digital partner Anthony Pompliano.The LTC Foundation announced the surprise keynote speaker on Twitter Thursday:Cryptocurrency and PoliticsIn a CNBC Squawk Box interview this July, Ron Paul gave his enthusiastic endorsement to cryptocurrencies like bitcoin and Litecoin:"I’m all for cryptocurrencies and blockchain technology because I like competing currency…I’m for competition, and we’ll have to see what the market decides."Last month, Paul and the Campaign for Liberty non-profit which he chairs came out swinging against the