• Right and Wrong
    People

    Modern Consensus 100 Most Influential: Who got it right and who got it wrong

    The good guesses, the triumphs, the screw-ups and the downright disasters of 2020

    In an industry as young and volatile as crypto, and especially with all the money sloshing around in it, the triumphs and tragedies—or at least successes and screw-up—can be be enlightening and sometimes funny. It’s also a good preview to The Modern Consensus 100 Most Influential People in Crypto 2021, which went live today.

  • markets report bitcoin price
    Bitcoin,  Markets Report

    Markets Report: Bitcoin stays skewed to upside, rejecting dip to reach $57K

    A dip to $54,400 fizzles and buyer support returns BTC/USD to the crucial resistance zone below all-time highs

    Bitcoin kept bulls guessing and bears firmly disappointed on March 12 as a retest of lower levels ended in a strong rebound. Data from price trackers including CoinMarketCap and Tradingview showed BTC/USD rejecting a move towards previous support at $52,000 which began overnight.

  • MicroStrategy $1B BTC buy
    Bitcoin

    MicroStrategy make $1B BTC buy on top of Square, ETF investments

    As Bitcoin crashed, two big corporate buyers doubled down, while investors poured more than a half billion dollars into Canada’s Purpose Bitcoin ETF in just one week

    According to a Feb. 24 announcement, MicroStrategy bought 19,452 BTC for its reserves, worth more than $1 billion. With this addition, the company’s holdings reach a total of 90,531 BTC, or $4.46 billion as of press time. The firm’s CEO, Michael Saylor, said that accumulating Bitcoin is now one of its core objectives.

  • Roubini Microstrategy Saylor Coke addict
    adblock,  Bitcoin,  Cryptocurrencies,  People

    Crypto critic Nouriel Roubini: MicroStrategy CEO Michael Saylor a ‘coke addict’

    Three days in, CoinDesk TV had its first controversy in an interview with prominent Bitcoin and cryptocurrency critic Nouriel Roubini, who also called Tether a “criminal enterprise”

    When asked about institutional investors buying bitcoin Roubini, an NYU economics professor, launched into a diatribe about the first cryptocurrency not being an asset but a “speculative bubble”—which he’s said many times— before calling MicroStrategy CEO Michael Saylor a “coke head," accusing Elon Musk of "market manipulation" and saying stablecoin-issuer Tether is a “criminal enterprise.”