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Wells Fargo report labels Bitcoin as speculative investment
8.12.2020
“Cryptocurrency investing today is a bit like living in the early days of the 1850’s gold rush, which involved more speculating than investing.”
Cryptocurrencies Prove Central Bank Models Are Obsolete, Says Professor
4.12.2020
A Spanish professor and economist stated that cryptocurrencies have brought out the “obsolescence” of central banks, although their capitalization is still “very insignificant.” Crypto Is Not Only About the ‘Speculative Noise’ Pablo Agnese, an economics professor...
Guggenheim Investment Fund to Invest $497 Million in Grayscale’s GBTC Seeking Bitcoin Exposure
30.11.2020
Guggenheim’s billion-dollar Marco Opportunities Fund (MOF) may seek indirect exposure to BTC through the investment of 10% of its net asset value into Grayscale’s BTC Trust (GBTC). The investment (when complete) means MOF will have committed as much as $497 million into the GBTC. In...
HODL FOMO vs. Speculative FOMO: Why This Bitcoin Bull Market Will Be Different
17.11.2020
As bitcoin crosses $17,000 it’s not retail speculation but a new, long-term investor mindset driving the price up
Only Bitcoin Outpaces G4 Central Bank Balance Sheet Growth
7.8.2020
Investment strategist Raoul Pal says bitcoin is the only asset with a growth rate that outpaced that of G4 central bank balance sheets. Pal says G4 central bank balance sheets have grown much faster than traditional safe-haven assets like gold. A founder and CEO at Global Macro Investor (GMI)...
Regulate Bitcoin or Risk Speculative Bubble, Warns Japanese FSA
6.8.2020
Ryozo Himino.
The new chief of the top Japanese financial regulator, the Financial Services Agency (FSA), has spoken out about crypto-related concerns – and said that “deregulating bitcoin” could likely “just boost speculation.”
Speaking to Reuters, FSA commissioner Ryozo Himino – who...
Bloomberg: Ethereum’s Rise is Speculative While Bitcoin’s Price Is Based on Fundamentals
5.8.2020
Bloomberg finds Ethreum’s bull run to be speculative while contending that Bitcoin’s appreciation is driven by fundamentals
JPMorgan Analysts: Bitcoin Is Likely to Survive (as a Speculative Asset)
15.6.2020
Bitcoin proved itself a resilient asset, if not a stable or useful currency, during March's global market meltdown, JPMorgan analysts told investors
Bitcoin- Is it a speculative asset or a mighty investment?
11.1.2020
Just as the Internet of Things (IoT) is getting famous with the advancement of technology, Bitcoin christened as the “Internet of Money” is getting tremendous popularity and acceptance with each passing year. As we step into the most talked about year ‘2020,’ we see notable changes in the economy...
PBOC Official: China’s Digital Yuan Won’t Be a Speculative Currency Like Bitcoin
23.12.2019
According to recent statements by People’s Bank of China (PBOC) official Mu Changchun, the country’s digital yuan is ready for trials. The central bank digital currency (CBDC) will decidedly not be a speculative asset like bitcoin or stablecoins, and will not need a currency basket...
ICE Announces Hedge and Speculative Requirements for Bakkt’s Bitcoin Futures Contracts
11.9.2019
On September 9, 2019, a post on the official website of the Intercontinental Exchange or ICE as it is popularly referred as concerning Bakkt’s futures contracts attracted the attention of one and all in the crypto world. ICE announced the pre-requisite speculative requirements for the customers...
Judge Blasts Craig Wright’s Evidence, ‘Inconsistent’ Testimony in Kleiman Trial
15.8.2019
The judge overseeing the ongoing lawsuit against Craig Wright, who claims to have invented bitcoin, shot down a motion challenging the court's jurisdiction over the suit
Amazon Pay VP Says No Current Plans to Create Crypto: ‘We Don’t Deal in the Speculative’
20.6.2019
For the time being, Amazon is staying away from competing with Facebook’s Libra, according to an Amazon Pay executive
Japanese Parliament OKs Crypto Law Changes, Limits Speculative Trading
31.5.2019
Japan’s parliament has approved amendments to two financial laws – officially changing the legal name for cryptocurrencies to “crypto assets,” and outlawing market manipulation.
The country’s upper house approved amendments to the Fund Settlement Act and the Financial Instruments and Exchange...
Susquehanna’s Digital Asset Head Bart Smith: Bitcoin Is Certainly Speculative and Risky
30.5.2019
Susquehanna’s head of digital asset Bart Smith has claimed that bitcoin investments are “certainly speculative”