Altcoins

‘Extremely Bearish’: Crypto VC Says Bitmain Layoffs Could Spell Doom for Bitcoin Cash and Litecoin

Ongoing layoffs at cryptocurrency mega-firm Bitmain could start a fresh wave of selling in Bitcoin Cash and Litecoin markets, according to prominent crypto investor Kyle Samani. The cryptocurrency-focused venture capitalist said in a tweet that the Bitcoin mining giant is — if rumors are true — running out of money to continue its operations across […]

Bitcoin

Dr Doom Claims Central Bank Digital Currencies Could Destroy Crypto

If central banks issue their own digital currencies, then it would destroy cryptocurrencies like Bitcoin, wrote Nouriel “Dr. Doom” Roubini in his latest column. The article, titled “Why central bank digital currencies could destroy crypto,” saw the American economist building up his rants against the cryptocurrency space. He had earlier called Bitcoin “a mother of […]

Bitcoin

Crypto Doom and Gloom: Banking CEO Says There’s “No Interest” from Institutions

The CEO of Revolut has claimed that large institutional clients, which are often cited as the drivers of the next crypto bull run, have shown very little interest in investing in assets like Bitcoin and Ethereum. Revolut CEO: Institutional Investors Show “No Interest” in Crypto While speaking at the Web Summit 2018 in Lisbon, Portugal this week, […]

Altcoins

“Dr Doom” Nouriel Roubini Calls Crypto a “Stinking Cesspool,” Fails to Grasp Its Value

New York University Economist Nouriel Roubini has once again attacked cryptocurrency and its supporters. The man known as “Dr Doom” for his bearish market commentaries went as far as to call the financial innovation a “stinking cesspool” in a series of tweets late last night. Apparently Roubini Didn’t Attack Crypto Enough in the Senate… One […]

Crypto News

Bitcoin Lobbyist, ‘Dr. Doom’ to Square Off Next Week in Senate Blockchain Hearing

Advertisement The U.S. senate Committee on Banking, Housing, and Urban Affairs is set to have a full committee hearing on Oct. 11 entitled “Exploring the Cryptocurrency and blockchain Ecosystem.” At the upcoming hearing, the two witnesses currently scheduled are Coin Center Director of Research Peter Van Valkenburgh, and New York University Professor Nouriel Roubini. Roubini, a […]