According to Autonomous Next, 124 "crypto-funds" launched in 2017 that are collectively managing $2.3 billion USD. These funds focus exclusively on investing and managing cryptocurrencies. But does this new industry actually need them? Also read: CME Bitcoin Futures to Start Trading in December 2017 Join the Bitsonline Telegram channel to get the latest Bitcoin, … [Read more...] about Get out of Our Treehouse! What Do Hedge Funds Really Mean for Cryptocurrency?
Bitcoin has jumped into the global spotlight in recent months, exploding in price and reaching extreme highs in a short time. Amid this massive rally, the digital currency has received heavy criticism -- most notably from JPMorgan CEO Jamie Dimon, who even called his own daughter “stupid” for holding bitcoin. But after BTC soared past $7,000 USD in response, it’s clear that he … [Read more...] about If You Don’t Get Into Bitcoin Now, You’ll Go Down In the ‘Hall of Fools’
A trendy way for bankers and governments to dismiss Bitcoin over the years is by comparing it to a relatively obscure 17th century event known as "Tulip Mania". But does it actually contain any useful lessons for cryptocurrency investors? Also read: I’ll Show You How On-Chain Scaling Can Work, Says Dash Founder Join the Bitsonline Telegram channel to get the latest … [Read more...] about Bitcoin Is No Tulip: Legacy Supporters Resist Finance’s Paradigm Shift
Evan Duffield, founder of cryptocurrency Dash and the man behind Dash Labs, explained this week how his project aims to solve the issue of "on-chain scaling". Does it offer any alternatives, or even solutions, for Bitcoin? Also read: ‘Digital Gold’ Author Says Bitcoin May Not Be a Bubble After All Join the Bitsonline Telegram channel to get the latest Bitcoin, … [Read more...] about I’ll Show You How On-Chain Scaling Can Work, Says Dash Founder
An article titled "Bitcoin's Exorbitant Energy Costs May Prove to Be Biggest Risk" by author Sid Verma went live on Bloomberg Technology on Thursday. Bitcoin will soon become unprofitable to miners, due to electricity costs -- unless it hits $1.5 million USD per BTC by 2022, according to an analyst at Citigroup. However it's clear from the content of the article that the author … [Read more...] about Opinion: Bloomberg Doesn’t Understand Bitcoin Mining