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Tag Archives: Opinion

Opinion: Biden Has Been Bad for Crypto… And Everything Else

Let’s just say it. Joe Biden is arguably shaping up to be the worst president in the history of the United States. Between the border crisis, the Afghanistan debacle, a failing economy, inflation, and his attempts to implement unconstitutional COVID vaccine mandates, many likely feel that the White House is occupied by a man who has no idea what he’s doing. Biden Has Potentially Threatened the Crypto Space Biden’s list of failures extends quite far for someone who’s only...

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Hillary Clinton Is Not a Bitcoin Fan

Hillary Clinton isn’t crazy about crypto. The failed presidential candidate and former Secretary of State under Obama believes that widespread adoption of crypto could have heavy repercussions on the world of traditional finance and “undermine traditional” currencies like the U.S. dollar. Hillary Clinton Is Not a BTC Believer In an interview, she comments: What looks like a very interesting and somewhat exotic effort to literally mine new coins in order to trade with...

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Opinion: For Bitcoin, 2021 Has Become the New 2018

Regardless of what many analysts would like us to believe, 2018 is alive and well all over again given how much bitcoin has tanked in the last two months. Bitcoin Isn’t All That Better Off Recently, billionaire investor and former hedge fund manager Mike Novogratz commented that he did not think 2018 would happen again. He said the number of institutional investors that have gotten involved in the digital asset space and the growing maturity of the market would prevent...

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Opinion: What Was Elon Musk Thinking When He Got Involved in Crypto?

Bitcoin has been crashing as of late, and for many people, the main reason has to do with Elon Musk. Last month, the South African entrepreneur announced that he was rescinding a decision that his electric car company Tesla was going to accept bitcoin-based payments for goods and services. It’s Hard to Know What Elon Musk Was Thinking This was a hard blow for many traders given that this would have sent bitcoin spinning into a wild price frenzy. In addition, it would...

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MicroStrategy Bought More BTC, but the Price Stayed the Same

News has emerged that MicroStrategy has purchased even more bitcoin units. This would have otherwise been big news, but unfortunately, this little maneuver on the company’s part failed to make any sort of headway in the crypto space, and bitcoin is still trading for $48,000, which is where it’s been over the past few days. MicroStrategy Has Purchased More Bitcoins What does this mean, exactly? There are a few arguments one can make about this situation, the first being...

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The New Year Has Arrived! Will It Be Good for Bitcoin?

The new year has arrived. All the craziness and sloppiness of 2020 can potentially be put behind us as we look towards the future. Will 2021 be a kind year? Will it be kind to bitcoin?Will Bitcoin Have a Solid Run in 2021?The one thing we can say about the last 12 months is that they have been rather positive for cryptocurrency. The rest of us have been left out in the rain, no doubt, but crypto traders and investors are likely looking at their stashes at the time of writing and felling...

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What Will 2021 Hold for Bitcoin?

A new year is upon us. 2020 is finally coming to a long-awaited end, along with the craziness that came with it. This year bitcoin rose to new heights, and the currency appears to have garnered a newfound reputation as a store of value. Many see it as a hedge tool that can keep one’s wealth safe during times of economic strife.Will 2021 Be Any Different for Bitcoin?The big question now is, “Where do we go from here?” Where will bitcoin be lead in 2021? Could the future hold promising items...

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Is Bitcoin Mining Still Considered Steady Work?

Reports of a company known as Core Scientific have emerged in the news as of late. The enterprise is looking to expand its bitcoin mining operations throughout the U.S. While the firm is officially based in Bellevue, Washington, the company has also opened stations in several Midwest and southern states including North Carolina, Kentucky and Georgia, and it doesn’t plan on stopping any time soon.Does Bitcoin Mining Still Hold Sway?The fact that all this is occurring in the United States is...

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Jeff Gundlach: Bitcoin Is a “Lie”

Billionaire investor Jeff Gundlach – who has since garnered a reputation for being a “bond king” – has laid out his thoughts regarding bitcoin and today’s financial markets. While he denies being a legitimate “bitcoin hater,” it’s clear from his recent words that he doesn’t believe in it, and he’s convinced that the cryptocurrency is nothing like what it’s fans claim it to be.Jeff Gundlach Doesn’t Believe in BTCIn a recent interview, he commented:I don’t believe in bitcoin. I think it’s a...

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Libra Gets Another Executive, But Does Anyone Care Anymore?

Facebook’s Libra company – the cryptocurrency that will allegedly serve as a global currency everyone can use in the coming future – has appointed James Emmett, the former HSBC European head, to an executive position within its infrastructure.Libra Chooses James Emmett of HSBC FameAccording to reports, Emmett will develop and operate the payment system associated with Libra, which goes by the name of the Calibra wallet. Emmett’s appointment marks the latest in a string of several high-profile...

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