marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
blockchain
05/20/2022
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By Kevin Hughes
Domino effect: TerraUSD collapse sends Bitcoin, Ethereum crashing
A recent market meltdown in the broader crypto market has cryptocurrencies like Bitcoin and Ethereum suffering huge losses. The massive meltdown was caused by the collapse of TerraUSD, one of the world’s biggest stablecoins. TerraUSD traded for as low as 23 cents amid panic selling and triggered a meltdown that sent cryptocurrency values plummeting. (Related: “Stablecoins” Terra and Luna crater, […]
05/13/2022
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By Arsenio Toledo
Bitcoin price briefly falls below $26,000 as crypto sell-off erases more than $200 billion from the market
The value of bitcoin briefly fell below $26,000 for the first time in 16 months before rallying. The dip in value comes amid a broader sell-off in cryptocurrencies that saw more than $200 billion worth of crypto disappearing from the entire market in a single day. On Thursday, May 12, bitcoin’s value fell as low as […]
05/12/2022
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By Arsenio Toledo
If Coinbase goes bankrupt, all of its users’ funds could disappear
Coinbase, an online cryptocurrency holding and exchange company, warned that if it goes bankrupt, all of its users could lose all of their assets. Coinbase is the largest cryptocurrency exchange in the United States. For its latest quarterly report, the company said it experienced a loss of $430 million and a 19 percent drop in monthly […]
03/02/2022
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By Ethan Huff
Globalists using Russia as excuse to try to crush decentralized cryptocurrency so Putin “doesn’t evade” banking sanctions
The push is on to “regulate,” i.e., control, all cryptocurrencies at the central government level. The cover story for this latest step towards ushering in a new world order is that leaving cryptos decentralized will allow Vladimir Putin to sidestep the economic sanctions that have been placed on him for invading Ukraine. Central banks like […]
09/28/2021
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By Arsenio Toledo
China’s Central Bank bans all cryptocurrency transactions
China’s central bank has banned all cryptocurrency transactions in the communist nation. In a statement, the People’s Bank of China announced a blanket ban on all cryptocurrency-related exchanges – such as offering trading, order matching, token issuance and derivatives. This ban also prevents any overseas-based cryptocurrency exchanges from providing services in mainland China. “Overseas virtual currency exchanges […]
03/31/2019
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By Ethan Huff
Cryptocurrencies “going to ZERO,” concludes Goldman Sachs report
Goldman Sachs, the same mega-bank that finally fessed up to defrauding investors out of tens of billions of dollars in the lead-up to the 2007 financial crisis, recently issued a report claiming that most cryptocurrencies will soon plummet to a value of zero. Head of Global Investment Research, Steve Strongin, pointed to the recent loss […]
12/24/2018
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By Ethan Huff
Noted financial guru Roubini says Bitcoin is the “biggest bubble in human history” and will crash to ZERO
A prominent economist who many people refer to as “Dr. Doom” is predicting that the price of Bitcoin is headed straight down to zero in the not-too-distant future. Nouriel Roubini, chairman of Roubini Macro Associates, believes that the popular digital cryptocurrency has been wildly overhyped since its onset, and now represents what he recently described […]
07/02/2018
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By Ethan Huff
Why Bitcoin could vanish, even as cryptocurrency applications flourish
Just recently, the U.S. Securities and Exchange Commission (SEC) created a new senior position, the responsibilities of which include better regulating initial coin offerings (ICOs) and other cryptocurrency-associated financial instruments. It’s a move that some experts say will ultimately help the cryptocurrency world to become more established and legitimate in the eyes of the public […]
06/19/2018
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By Ethan Huff
As Bitcoin wastes the world’s electricity, Bitcoin mining now a money-LOSING proposition
The market price of the popular online cryptocurrency Bitcoin has sunk so low in recent days, compared to the all-time highs it reached last Christmas, that “mining” the digital “money” is no longer a profitable endeavor, new reports indicate. Because “digging up” Bitcoins from cyberspace requires an incredible amount of computing power and constant technology […]
03/13/2018
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By David Williams
Ethereum co-founder Vitalik Buterin: Cryptocurrency not ideal for long-term investment
Many people have fallen for the foolish notion that cryptocurrencies can serve as a great option for investing money. There are those who think the opposite, but cryptocurrency supporters are much more vocal. For this reason, one of the biggest names in the cryptocurrency community has spoken out against this view, saying in no uncertain […]
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