‘Cryptocurrency is Dead’ – Finextra | $11,356.91

I find myself comfortable with the fact that Central Bank Digital Currencies will be integral to the next evolution of financial technology. That next evolution is already underway, and is about the integration of financial services outside of the Financial Services industry itself. We’ve seen other industries and people’s lives transformed through digitalisation (shopping with..

‘The Value of Bitcoin Will Drop to Zero’ – Cointelegraph | $9,276.15

…investor Jim Rogers said cryptocurrencies including Bitcoin (BTC) “will be in decline eventually and everything will go to zero.” “Those who use cryptocurrency think they are smarter than their governments,” Rogers said to AERA dot. “In fact, I think they are correct. But their governments have something that crypto people don’t have. That is guns…

‘It’s a Pyramid Scheme’ – Yahoo Finance | $7,182.40

I know exactly what’s there, it’s a ‘Pyramid’ scheme. You only make money based on people who enter after you… It has no real utility in the world. They’ve been trying to create a utility for it for 10 years now, so it’s a solution in search of a problem and it still hasn’t found..

“BItcoin is Dying” – CCN | $7,633.95

The bitcoin price crashed through another vital support level on Thursday, hastening a decline that has seen the leading cryptocurrency fall nearly 50% from its yearly high. Bitcoin has recovered from these punishing reversals before, but one legendary trader predicts that this time will be different. Mark Dow, a former US Treasury and International Monetary..

‘RIP Decentralization’ – Medium | $10,147.76

…we won’t be reading much about “decentralization” here anymore. That watchword for a generation of young men interested in building the future as developers, programmers and blockchain and crypto enthusiasts, is well, kind of dead. …In a world of uncertainty and algorithmic abuse, it seems cryptocurrencies and their various tokens were too uncertain and uncanny to..

‘Bitcoin – The end of an Era’ – TradingView | $10,406.74

Not many are able to think long term and realize this, but the cryptocurrency markets have already topped. With summer ending soon, the next 50% price cut might be only a few weeks away. Good news! I was (finally) able to verify and unfreeze an account with a crypto exchange and cashed out most of..

‘BTC VALUE WILL CRASH 99%’ – CCN | $10,036.19

BITCOIN IS THE NEXT TUMBLR Now we are seeing it with bitcoin. That’s right. The Tumblr disaster is absolutely analogous to bitcoin. Ed Butowsky, managing partner at Chapwood Capital Investment Management, tells CCN that the Tumblr situation (as well as all the other similar examples) deliver a fundamental investment tenet: “Even the smartest dealmakers in the world..

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