Archive | bubble

Is Testosterone to Blame for the Current Bitcoin “Bubble”?

Cryptocurrency has always been an industry dominated by male investors. Even though women are active in Bitcoin too, they are vastly outnumbered. Deloitte’s Duncan Stewart noticed some interesting correlations in this regard. His findings show the male traders are more prone to pumping the Bitcoin price. More specifically, it is evident this “one-upmanship” attitude may […]

Goldman Sachs CEO: ‘Bitcoin Trading Desk Rumors Are Not True’

According to multiple reports back in October and December of last year, it was said that the financial institution Goldman Sachs had plans to create a bitcoin trading desk. Now a month later, Lloyd Blankfein, the CEO of the firm, says the reports are “not true” speaking at the World Economic Forum in Davos this […]

Goldman Sachs Warns High-Profile Clients of Crypto Bubble

In a lengthy document to their highest profile clients, the Goldman Sachs Private Wealth Management division has warned about the danger of investing in cryptocurrency. For the banking giant, the rise in Bitcoin and other digital currencies during 2017 is a sure signal that the entire space is in an economic bubble. Typically for crypto […]

Paul Krugman Is Excited to See Bitcoin Have Issues

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, […]