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Bitcoin Bubble Has Popped but Hope for ETF Remains

A bitcoin-mining operation in Canada. Photograph by Lars Hagberg/AFP/Getty Images Text size The crypto craze isn’t over, though a Barron’s poll indicates otherwise. True, with bitcoin below $4,000—in late 2017 it was trading at $20,000—it isn’t drawing the attention it once did. But the applications to launch a bitcoin exchange-traded …

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Bitcoin [BTC] bubble has popped and we’ve had a monster correction, says Galaxy Digital’s Mike Novogratz

Mike Novogratz of Galaxy Digital Holdings spoke about Bitcoin’s rally last year and the current downtrend that it is in on the one-year anniversary of Bitcoin’s all-time high with Bloomberg. Last year, on December 17, Bitcoin reached its all-time high and so did all other cryptocurrencies, but have since plunged …

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OPINION: Yep, Bitcoin was a bubble. And it popped

Photo: Pixabay It seems like every asset bubble has a famous anecdote of someone claiming, right at the top, that a crash is impossible. In the stock-market bubble leading up to the Great Depression, it was economist Irving Fisher, who declared in the New York Times that stocks “have reached what looks …

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A sketchy Satoshi has popped up to promote his new blockchain

Last night, The Verge and at least three other outlets received an email from someone claiming to be Satoshi Nakamoto, the mysterious inventor of bitcoin. The email we received was brief and to the point: “I met with the SEC yesterday. I am ready to talk.” The individual declined to …

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