Keiser: Institutions Will Purchase Bitcoin Directly From Miners And Box Out The Public As Price Reaches $1M

Amid the COVID-19 crisis, economies worldwide have shuddered and governments have been forced to introduce drastic measures to resuscitate the ailing economy. As a result of this uncertainty, bitcoin has become an attractive investment for institutions. The spark that started with MicroStrategy’s jumbo bitcoin purchase morphed to an institutional frenzy around the Read more…

Max Keiser Says Compound’s Rally Was Only Meant to Take Your Bitcoin as Token Plunges 40 Percent

Compound (COMP), the governance token of the eponymous Ethereum-based lending platform, has monumentally crashed about 40 percent over 24 hours, according to data provided by trading terminal Cryptowatch. While commenting on this fall from grace, RT host and influential crypto proponent Max Keiser noted the only purpose of altcoins was to take Read more…

FINANCIAL AUTHOR THINKS BITCOIN IS “LIKELY” TO BECOME THE WORLD RESERVE CURRENCY

Bitcoin has faced down many setbacks over recent years. BTC trading has been banned by the Chinese government. Executives from Goldman Sachs and other institutions have come out against the cryptocurrency. And there still is a broad sense of mystery that surrounds Bitcoin and cryptocurrencies in the public, thus limiting adoption. Yet there remain Read more…

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