Category Archives: Bitcoin Opinion

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Kraken Chief: Cryptocurrency Investors Need to ‘Look Out for Themselves’

The post Kraken Chief: Cryptocurrency Investors Need to ‘Look Out for Themselves’ appeared first on CCN Jesse Powell, co-founder and chief executive of San Francisco-based cryptocurrency exchange Kraken, has some words of wisdom for investors. While securities regulators are looking for ways to protect investors from any fraudulent activity that might arise in unscrupulous ICOs,… Read More »

NY Fed Economists Talk Bitcoin’s Role in a Centralized World

The post NY Fed Economists Talk Bitcoin’s Role in a Centralized World appeared first on CCN New York Fed Economists Michael Lee and Antoine Martin aren’t entirely dismissive of bitcoin, which only seems to make matters worse. In a Q&A, which is posted on the New York Fed’s website, the economists question bitcoin’s utility, arguing… Read More »

Legendary Billionaire Investor Carl Icahn Shuns Bitcoin, Blames Himself

The post Legendary Billionaire Investor Carl Icahn Shuns Bitcoin, Blames Himself appeared first on CCN The activist investor won’t go near bitcoin for three reasons. Carl Icahn in an interview with CNBC expressed his distaste for cryptocurrencies, calling them “ridiculous,” but unlike others who were quick to write digital coins off, he admitted that in… Read More »

Hedge Fund Manager: Floored Bitcoin Price is Under-Owned

The post Hedge Fund Manager: Floored Bitcoin Price is Under-Owned appeared first on CCN Bitcoin and the other leading digital coins are trading in the green on Friday. The bounce doesn’t surprise Dan Morehead, head of Pantera Capital, a $1 billion long/short cryptocurrency and blockchain hedge fund, who as an early bitcoin investor has seen this… Read More »

Winklevoss Twins Lay Into “Privileged Minority” Cryptocurrency Critics

The post Winklevoss Twins Lay Into “Privileged Minority” Cryptocurrency Critics appeared first on CCN While speaking to CNBC at the Milken Institute’s MENA Summit in Abu Dhabi, Cameron and Tyler Winklevoss, better known as the Winklevoss twins, took a dig at the older generation of the financial community who mostly criticizes cryptocurrencies, stating that they… Read More »

Most Cryptocurrencies ‘Will Never See Recent Peaks Again’: Goldman Sachs

The post Most Cryptocurrencies ‘Will Never See Recent Peaks Again’: Goldman Sachs appeared first on CCN Will the cryptocurrency markets recover from their present correction and ascend to new highs over the long-term? Goldman Sachs doesn’t think so. Writing in a report dated Feb. 5, Goldman Sachs head of investment research Steve Strongin said that… Read More »

‘Hodl Nuts’ Are ‘Cyber Terrorists’ and Bitcoin Is Going to Zero: ‘Dr Doom’ Roubini

The post ‘Hodl Nuts’ Are ‘Cyber Terrorists’ and Bitcoin Is Going to Zero: ‘Dr Doom’ Roubini appeared first on CCN There’s something about Bitcoin that seems to bring out the worst in economists. Whether its the fundamental ideology behind cryptocurrency — that control of the money supply should not be placed in the hands of… Read More »

CFTC’s Quintenz: ‘Bitcoin and Blockchain Are Transformative’

The post CFTC’s Quintenz: ‘Bitcoin and Blockchain Are Transformative’ appeared first on CCN The CFTC doesn’t want to interfere with bitcoin or the blockchain. In fact, Brian Quintenz, Commissioner of the Commodities Futures Trading Commission (CFTC), envisions a future not only with bitcoin and blockchain in it but also with them having a transformative effect, saying the… Read More »

Prescient Investor Predicts Stability and Bitcoin Price Back at $20,000

The post Prescient Investor Predicts Stability and Bitcoin Price Back at $20,000 appeared first on CCN No need to hit the panic button. Ran Neu-Ner, a South African investor who was savvy enough to invest in his first bitcoin half a decade ago, said the recent volatility in the bitcoin price is nothing new and in… Read More »