Bitcoin Epically Rescues this Bubble Portfolio’s Tesla Stock Crash

By CCN: A hypothetical exchange-traded fund composed of assets deemed as overvalued by the media such as Bitcoin and some tech stocks has so far this year posted a return of 17 percent, MarketWatch reports. Currently, the bubble portfolio consists of among others Bitcoin, Argentina’s century bond and tech stocks such as Netflix, Tencent and […]

Ron Paul: The U.S. Dollar Is In a Bubble, Bitcoin An Alternative

Former US presidential candidate and congressman Ron Paul is a regular critic of the United States Federal Reserve and of the country’s economic policy. In the past, the libertarian politician has spoken out in support of cryptocurrencies, suggesting that making the digital assets exempt from taxation could help avoid a “Fed-created recession.” In a new […]

US Bank Say Bitcoin (BTC) is a Bubble, Will Price Fall?

Bitcoin (BTC) in range mode JP Morgan Strategists say current prices echo those of late 2017 and could burst After analyzing Bitcoin as a commodity, JP Morgan strategists now say there is a divergence between actual and intrinsic values and that Bitcoin echoes the spike of Dec 2017. In their view, the only correction is […]

US Bank Say Bitcoin (BTC) is a Bubble, Will Price Fall?

Bitcoin (BTC) in range mode JP Morgan Strategists say current prices echo those of late 2017 and could burst After analyzing Bitcoin as a commodity, JP Morgan strategists now say there is a divergence between actual and intrinsic values and that Bitcoin echoes the spike of Dec 2017. In their view, the only correction is […]

This Bitcoin Bull Market Proves the Crypto Bubble Never Burst

By CCN: This past weekend, the bitcoin price zoomed past $8,000 and left everybody buzzing about a new bull market. Crypto Twitter took the news as an opportunity to mock the masses who thought bitcoin was a bubble. Here are two tweets that reflect the general sentiment. From @danhedl: Bitcoin in mainstream media: 2011 – “it’s […]

Former Bitcoin Bubble Proponent Endorses BTC Utility in International Payments

Mark Mobius, co-founder of Mobius Capital Partners believes that bitcoin is becoming increasingly important in the international payments arena even as trade disputes exert more pressure on fiat currencies. Mobius had in the past been part of the “bitcoin bubble brigade.” Trade War Cements Growing Utility for Bitcoin Speaking on Bloomberg’s Daybreak Europe, Mobius declared […]

Why The Next Bitcoin Bull Run Could Eclipse The Last Crypto Bubble

As the leading crypto by market cap dusts itself off and picks itself up following an 85% fall over the last two years, bullish sentiment and exuberance are once again surrounding Bitcoin and the rest of the crypto market. With a bottom essentially confirmed, the price of Bitcoin has risen sharply due to FOMO. The […]

Snot-Nosed Kid’s Insane Boast Evokes Scary Memories of Bitcoin Bubble

By CCN: Erik Finman declared bitcoin “dead” less than six months ago. Now he says that anyone who buys and holds cryptocurrencies for the next 10 years has a good chance of becoming fabulously wealthy. The Confidence of Easy Money He “doubled down” on the statement to MarketWatch, saying that people who haven’t become billionaires […]

This Stock Market Bubble Makes the Bitcoin Crash Look Like a Joke

By CCN: Wall Street loves to compare bitcoin to tulip bulbs and beanie babies, but if the stock market isn’t trapped in a devastating bubble then nothing is. It’s easy to trash crypto in the wake 2017 ICO frenzy. From peak to trough bitcoin lost around 85 percent of its value in 2018. And bitcoin […]

This Stock Bubble Could Mirror the Bitcoin Crash

By CCN: Beyond Meat (BYND) is Wall Street’s newest darling. After its stock rallied 168% in the best IPO in a decade, the vegan burger maker continues to impress while the rest of the Nasdaq suffers heavy losses. There is an unfortunate truth beneath all of this hype, and to explain it we need to […]