Paul Krugman, the famed economist who’s made a career out of being wrong about things, is wrong again. That in itself is no more surprising than the fact that his latest op-ed takes aim at his favorite bête noire – bitcoin. The surprising part is that Krugman has resorted to the same hackneyed arguments he […]
Monex Group, a Tokyo-based financial services group, is considering buying Coincheck. Shares in Monex jumped 23% off news that the retail investor was eyeing the Japanese exchange that was notoriously hacked this year. The move would benefit both parties, giving Monex an entry into the burgeoning crypto markets and granting Coincheck’s owners a way out. […]
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When it was announced on Monday that Circle would be acquiring Poloniex, much of the focus was on the $400 million reported to have changed hands. It was a good bit of business for both parties, ran the general consensus, and not a bad deal for customers of the exchange either, who might finally experience […]
The post Circle-Poloniex Deal Presages the Future of Cryptocurrency Exchanges appeared first on Bitcoin News.
Through late 2017 and early 2018, ripple was the darling of cryptocurrency. Mainstream media couldn’t get enough of it, South Koreans couldn’t get enough of it, and nor could crypto newcomers, who had XRP top of their shopping list. Crypto moves at a blistering pace, though, and ripple’s decline has been as rapid as its […]
The post The Rise and Fall of Ripple is a Case Study in Mass Hysteria appeared first on Bitcoin News.
Yesterday on January 11 the American economist and professor of economics, Paul Krugman, seemed pretty excited about The North American Bitcoin Conference not being able to accept bitcoin for tickets. Krugman tweeted our recent article to his 4 million followers gloating that bitcoin is “too clunky and expensive.” Also read: South Korea Urges 23 Countries, […]
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