It’s a ‘Grand Ponzi Scheme’

4 mins ago
cryptoliveclub

Twitter Facebook LinkedIn Financial analyst Gary Shilling said his eponymous New Jersey investment firm, A. Gary Shilling & Co., is shorting bitcoin because it’s “some kind of a grand Ponzi scheme.” Shilling told CNBC that he’s troubled by the opaque nature of the crypto industry. Specifically, he’s concerned that the…

Global Charity Oxfam Launches Blockchain Project to Empower Cambodian Rice Farmers

Twitter Facebook LinkedIn Global charity organization Oxfam has launched a blockchain technology platform aimed at enhancing the transparency and traceability…

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Binance the Latest Exchange to List Goldman Sachs-Backed USDC Stablecoin

Twitter Facebook LinkedIn Leading cryptocurrency firm Binance has become the latest exchange to list the USDC stablecoin. In a statement,…

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Crypto Market Recovers, But is a Fall to $4,800 Possible For Bitcoin?

Twitter Facebook LinkedIn After recording one of the worst sell-offs in all of 2018, the crypto market has experienced a…

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Central Banks of Canada, Singapore and UK Propose CBDCs for Cross-Border Payments

Twitter Facebook LinkedIn The reserve banks of Canada, Singapore and the United Kingdom have singled out central bank digital currencies…

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Central Bank of Azerbaijan Rules Out Issuing Cryptocurrency

Twitter Facebook LinkedIn The Central Bank of Azerbaijan (CBA) has indicated that it does not intend to issue a state-backed…

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Crypto Exchange Huobi Dismisses 6 of Its 10 Employees in Brazil: Report

Twitter Facebook LinkedIn Major cryptocurrency exchange Huobi has recently dismissed 60% of its workforce in Brazil, a country it entered…

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Crypto Exchange KuCoin Proved its Legitimacy by Raising $20 Million

Twitter Facebook LinkedIn Singapore-based KuCoin, a major crypto exchange with an active and loyal user base, has secured $20 million…

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Bitcoin Price Decline Will be a Short-Term Event

Twitter Facebook LinkedIn For the first time in three months, Bitcoin initiated its first major move. Unfortunately, for investors in…

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As Crypto Prices Tumble, Mike Novogratz Pounds the Table on Real Estate Tokenization

Twitter Facebook LinkedIn Bitcoin bull Mike Novogratz extolled the tokenization of real estate during this “crappy” crypto bear market, saying…

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