Nouriel Roubini is helping develop a tokenized financial instrument aiming to act as an alternative to the USD for major investors. Economist and cryptocurrency critic Nouriel Roubini is heading up the development of a tokenized asset to combat fears of rampant economic stagnation and inflation. Roubini has long been a skeptic of the cryptocurrency space,…
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While bitcoin’s price has dropped to levels not seen since January 2022, a number of detractors think bitcoin is on its death bed. Data stemming from the Bitcoin Obituaries list shows the leading crypto has died seven times in 2022, outpacing the first three years of obituaries by year written by bitcoin haters. The last…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Instagram Starts Testing NFTs, Roubini’s Dollar Replacement Plan, Bitcoin Inflows Return, Ethereum Outflows Slow Down + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
In his latest ill-fated tweet, “Dr. Doom” Roubini spells out the death of cryptocurrency again, just as XRP gains 35% and Bitcoin aims for new all-time highs. Bitcoin (BTC) naysayer Nouriel Roubini believes that incoming U.S. president Joe Biden will go much further than Donald Trump in controlling cryptocurrency. In a fiery Twitter debate on…
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Why have Bitcoin critics been so silent in 2020? Bitcoin (BTC) has had an interesting year, recovering from major sell-offs to eventually skyrocket to new all-time highs. However, Bitcoin’s performance and cryptocurrencies increased adoption worldwide have still failed to bring some observers into the crypto camp. Yet compared to other bull run years like 2017,…
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In light of Bitcoin’s recent price rally, mainstream media has started to cover the industry again, but remain unconvinced it’s a true store of value. Mainstream media outlets are finally reporting on the recent rally that saw Bitcoin creep close to its all-time high — but some commentators appear to be determined to spread FUD.…
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He’s been dismissive of all things crypto for years, but does he have a point this time? Known for his previous comments criticizing the crypto industry, economist Nouriel Roubini recently posted fresh negativity against the digital asset sector. “DeFi was vaporware from its onset,” he said in a Sept. 24 tweet. “Now totally faltering as…
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Vitalik Buterin, the creator of Ethereum, outlines how important it is to remember massively off-the-mark BTC price predictions from McAfee and Dr. Doom. As the world’s biggest cryptocurrency, Bitcoin (BTC) is highly volatile, once surging from $1,000 to $20,000 in the span of just over a year. The coin has become the subject of infinite…
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Economist Nouriel Roubini has admitted that Bitcoin “maybe is a partial store of value” while leveling his usual criticisms against cryptocurrencies. Economist Nouriel Roubini — also known as “Dr. Doom” for his prediction of the 2007-2008 financial crisis and a notorious critic of cryptocurrencies — has conceded that Bitcoin (BTC) is “a partial store of…
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